Musk Piles Into Tech CEO Twitter Fight Over Crypto

Multiple billionaires engaging in Twitter drama is not something you see every day. Yet that's just what happened - a Twitter fight featuring multiple tech CEOs, from Jack Dorsey to Elon Musk. The reason for the fight? Crypto and Web3. And with so much money in the space, it is no wonder discussions can turn heated. It all started when Jack Dorsey, CEO of Block and former CEO of Twitter, called out Web3. This drew ire from Web3 investors, leading to…

Why are cryptocurrencies dropping? Bitcoin and Ether, Solana…

The cryptocurrency market has attracted different profiles of investors over the years. From experienced traders to people who had never invested before, the enthusiasm for the sector continues to grow. Investors more inclined to risk generally love the high average volatility of cryptocurrencies. If we exclude the stablecoins phenomenon, we know that the weekly price change in the market can be increased. It is good to keep in mind that volatility is a double-edged sword. When the market goes up,…

Gas Optimization For ETH Users – The Kaiba DeFi Project

Those who follow the events in the blockchain industry know that the sector has been changing extremely rapidly. Each innovation seeks to solve an existing problem in the crypto world. Among them is the high gas price in the Ethereum universe.  Simplifying a purely technical question, we can see the gas price as the transaction cost on Ethereum. This price has been recording a high value for a long time. However, this issue largely depends on growing network congestion. Today we…

Melania Trump Announces NFT Collection On Personal Platform

We’ve seen celebrities. We’ve seen athletes. Now, a former first-lady has entered the NFT game. Recently, Melania Trump – wife of 45th US President Donald Trump –announced that she would begin releasing NFTs on MelaniaTrump.com. Partial funds raised from these collectibles will support children aging out of foster care. Melania Trump NFTs? The former first lady announced her upcoming collection in a statement over Twitter on Thursday. The first NFT she plans to release, Melania’s Vision, will be available from…

Reddit Confidentially Files For IPO

Reddit made another step towards going public. The social media giant announced filing a confidential draft statement for a planned IPO this Wednesday. The company filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC). The registration statement uses SEC Form S-1. Public companies in the US use the form to register new securities. The SEC requires this form and doesn't allow stock listing on the national exchange without it. Usually, companies submit the S-1 Form before their initial…

Crypto Carnage: Bitcoin Down 10k, Altcoins Post Double Digit Losses

On Sunday, Bitcoin dropped more than 16% on its worse trading day since May. The largest crypto traded at a low at $43,000 before settling at above $47,000. Usually, other major cryptos follow Bitcoin's price movements. Unsurprisingly, most major cryptos posted losses in the double digits as well. For example, Ethereum, the second-largest crypto by market cap, dropped 15% to $3,900. Just yesterday, the most significant intelligent contract token traded at $4,600. Binance Coin traded at $545, dropping almost 13%…

Musk Says Web 3.0 Sounds Like BS – Touts Doge

Musk managed to draw the ire of the broader crypto community again while delighting Doge holders. Elon Musk, CEO of Tesla and SpaceX, posted a series of tweets shading Ethereum and Web 3 while touting Doge. Unfortunately, his tweets managed to pump up Doge again for a while. On Thursday, Musk wrote that Web 3, a concept that's widely supported in the crypto community, "sounds like bs." The stance is extraordinary, seeing that his brother, Kimbal Musk, launched an autonomous…

Raul Pal Says There’s a ‘Decent Chance’ For Ethereum To Flip Bitcoin

Former hedge fund manager Raoul Pal said that Ethereum could finish the year above $10,000. However, he also thinks that there is a “decent chance” of “flipping” – referring to Ethereum becoming the most significant crypto by market cap, removing Bitcoin from first place. Moreover, he thinks that Ethereum’s competitors will do even better. Raul Pal is a former Goldman Sachs executive and co-manager or GLG, a London-based global macro hedge fund. He has since retired from his position and started…

Hacker Uncovers Ethereum Tipping Feature In Twitter’s Code

As the Bitcoin-focused Jack Dorsey departs from Twitter, it appears his company is moving towards adopting other cryptocurrencies. A competent hacker recently dug into Twitter's code and unlocked a yet unannounced Ethereum-tipping feature. This follows a Twitter update from months ago that publicly enabled payment tipping through various methods, including Bitcoin. Ether Tips On Twitter? Jane Wong – a hacker famous on Twitter – quietly added her Ethereum tipping address to her account yesterday. Buzz began circulating as screenshot images…

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