Elon Musk

Dogecoin Spikes 14% on Latest Elon Musk Endorsement

On March 13, Elon Musk said that Dogecoin might be accepted as a payment method for Tesla “at some point.” The comments came while Musk was addressing the public at a Tesla manufacturing plant in Berlin. Musk was asked by an audience member if the electric vehicles can be bought using DOGE in the near...
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X (Formerly Twitter) Remains a Haven for Scammers as Phishing Incidents Claim $104M

X (formerly known as Twitter) has been a popular hook for scammers for over a decade now. However, the tactics employed in these schemes continuously evolve. What’s concerning is that many victims are still falling for scams because of misleading comments made by fake X accounts, leading them to phishing websites. X Fakes Fuel Phishing...
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Arkham Reveals Tesla and SpaceX’s Bitcoin (BTC) Stash: Report

Arkham Intelligence has revealed that Tesla currently possesses 11.51K BTC, valued at $780 million, distributed across 68 addresses, while SpaceX holds 8.29K BTC, totaling $560 million, spread across 28 wallets. These findings are substantiated by on-chain fund flows that align with financial disclosures from both companies. Tesla and SpaceX’s Vaults: $1.34B in BTC Holdings Laid...
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Spanish Regulator Orders Worldcoin to Halt Personal Data Collection

The Spanish data protection regulator, AEPD, has instructed Worldcoin to halt the collection of personal data in the country through scans and to refrain from utilizing any data already obtained. This precautionary action was announced on Wednesday after receiving numerous complaints regarding Worldcoin since last summer. These include concerns about the adequacy of information provided...
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Tesla Maintained its Bitcoin (BTC) Holdings in Q4 2023

Tesla has disclosed that it refrained from buying or selling any of its Bitcoin (BTC) holdings during the fourth quarter of 2023. This marks the sixth consecutive quarter without Bitcoin transactions for the electric vehicle (EV) manufacturer. Tesla’s Q4 Report The latest Q4 report did not mention Bitcoin, implying that the company did not sell...
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xAI Investment Figures Denied by Elon Musk

Grok, an AI chatbot with access to tweets from all over X and programmed to be as snarky as possible, is the principal product offered by xAI. The company is Elon Musk’s response to OpenAI – which he also co-founded. However, he later left after disagreements with Sam Altman and others over how to develop...
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Crypto Trader Capitalizes on Elon Musk’s Twitter Bio Change, Profits $1M

A cryptocurrency trader who invested $10,000 in the meme coin Troll has recently realized a profit of over $1.03 million, thanks to capitalizing on Elon Musk’s updated bio description on X (formerly Twitter). On January 9, Musk altered his X profile description to “(CTO) Chief Troll Officer” and posted a message containing a similar phrase...
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Elon Musk’s xAI Files for Private Sale of $1B Worth of Unregistered Securities

Elon Musk – who was also one of the founders of OpenAI back in the day – has been working on xAI for a while now, a firm launching another chatbot named Grok whose selling point is being “quirky” and having access to the Twitter API in order to stay up to date with current...
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Elon Musk and Mark Cuban Challenge SEC’s In-House Trials

Elon Musk and Mark Cuban have joined forces to challenge the U.S. Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. The duo has presented a joint amicus brief to the Supreme Court, raising questions about the legitimacy of the SEC’s administrative proceedings and their implications for the Seventh Amendment right to...
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Twitter’s Payment Integration Announcement Sparks Dogecoin Speculation

X is making big moves to revamp its Everything app, including integrating payment solutions on the platform. CEO Linda Yaccarino recently shared a video on the platform hinting at what’s all to come to X, along with the ability to pay users through simple chat features. Are they joining hands with any e-commerce portal as...
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Elon Musk Considers Blockchain-Based Social Media With Dogecoin Integration

Elon Musk is considering the possibility of developing a social media platform based on blockchain technology, including payment systems. This information is revealed in an exclusive excerpt from Musk’s biography, written by Isaacson. The writer – Isaacson – delves into one of Musk’s most contentious decisions: acquiring Twitter. The biography also explores the future possibilities...
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Elon Musk Confirms Denial of X Coin, But What About His Stance on Dogecoin (DOGE)?

Elon Musk’s recent denial of the speculated “X coin” has ignited discussions within the cryptocurrency community, particularly concerning the fate of Dogecoin (DOGE). This comes after Musk took to the platform, issuing a clear and direct “No” in response to speculations about the platform having an internal token. NEWS: might be looking at launching coin...
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Bitcoin (BTC) Flash Crash to $25.3K Triggers Speculation, SpaceX Write Down in Focus

Bitcoin flash crashed to about $25.3k in an unexpected downturn triggering severe liquidations for traders. The bloodbath follows Evergrande’s bankruptcy, but it’s the SpaceX write-down that has taken center stage. Certain documents have emerged that reportedly provided a rare insight into the financials of Elon Musk’s SpaceX, revealing that the space company wrote down the...
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Elon Musk’s Lawyers Move to Dismiss “Frivolous” Dogecoin Fraud Case

Attorneys representing Tesla CEO Elon Musk are calling for a judge to dismiss a multi-billion dollar case accusing the celebrity entrepreneur of insider trading with Dogecoin (DOGE) against his online followers. The lawyers say the accusations should be dismissed with prejudice, barring plaintiffs from continuing to burden the judicial system with additional accusations based on...
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Elon Musk’s Favorite Crypto Will be on X, Even if There Will be no X Coin

Responding to a Dogecoin influencer warning about scam coins, Elon Musk said Friday that X will never launch a token. And we never will — Elon Musk (@elonmusk) August 5, 2023 While that may be so, make no mistake about it — crypto and finance feature heavily in Musk’s plans for X.com. He recently teased...
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Goodbye Twitter: How Elon Musk Plans the Transition to X

While Twitter’s sudden rebranding to X has caught many by surprise, it seems Elon Musk has had a radical transformation for the platform in mind for a while. Here’s what we know about how he plans to change the old “Twitter” – and what it might mean for crypto. Baking In Financial Services In a...
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Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”. Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Dogecoin and X Musk reposted a nine-second animated graphic of the platform’s new “X”...
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Elon Musk Sued for Insider Trading With Dogecoin Using “Publicity Stunts”

Tesla boss Elon Musk is guilty of insider trading against his followers using Dogecoin (DOGE), alleged memecoin investors in a court filing against the tech entrepreneur on Wednesday.  The accusations are a follow-up to a $258 billion class action lawsuit filed by the same group in June 2022, accusing Musk and his companies of causing...
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Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto

In a recent interview with WSJ, Tesla’s CEO said he cannot advise people to allocate money in the cryptocurrency market. He also touched upon Dogecoin, explaining why it is his favorite digital asset. Elon Musk has had a rocky and controversial relationship with the cryptocurrency industry for the past several years. It ranges from buying...
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Speculation Runs Wild: Why Did CZ Unfollow Elon Musk on Twitter?

Binance CEO Changpeng Zhao (CZ) recently unfollowed Tesla and SpaceX chief Elon Musk after what seemed like a long and friendly history between the two parties.  Though neither executive has left any explicit clues, crypto Twitter has some theories about what may be driving tension between the tech billionaires.  Did Twitter Shun Binance? Twitter account...
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Twitter Chief Elon Musk to Pass on Mantle to New CEO, Takes CTO Role

Elon Musk announced that he has found a new leader for Twitter and will shift into a new role as chief technologist. While Musk is yet to name his successor, reports suggest that NBC Universal executive Linda Yaccarino could potentially replace him as the new leader of the microblogging platform. In a tweet on May...
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FLOKI Skyrocketed 40% After Listing on Binance.US

The price of the popular meme-inspired cryptocurrency – FLOKI – has soared by more than 40% in the past 24 hours. The surge happened shortly after the American subsidiary of Binance – Binance.US – listed the asset on its platform.  Binance.US – Binance’s arm designed to serve United States residents – added FLOKI among the...
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Dogecoin (DOGE) Active Address Spike Above 100K for the First Time in 9 Months

Dogecoin (DOGE) – the OG memecoin – was up by around 30% since the beginning of the month. It is trading above $0.09 and is currently rising on the backdrop of Elon Musk’s tweet about his starship launch attempt. But the initial boost can be attributed to the abrupt change of the old blue bird...
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Tesla Didn’t Sell BTC During Q1 of 2023

The electric vehicle giant Tesla did not buy or sell any BTC during the first quarter of 2023.  The company’s last transaction was in Q2, 2022, when it sold 75% of its BTC holdings to cope with rising production costs.  No Changes in Q1 The EV manufacturer, led by Elon Musk, announced it had kept...
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SpaceX Starship Test Flight Coming on DOGE Day? Elon Musk Teases Incoming Launch

SpaceX CEO and Dogecoin enthusiast Elon Musk announced on Tuesday that the company is targeting April 20 for a test flight of its Starship rocket. As it happens, April 20 (4/20) is celebrated by the Dogecoin community as “Doge Day.” April 20 was declared Doge Day by the Doge community back in 2021 with an...
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DOGE Jumps 6% Following Elon Musk’s 1M Dogecoin Offer

Elon Musk is now offering 1 million DOGE as a reward to anyone who can locate the whereabouts of the mine and provide proof of its existence. To set the record straight, a designer at Dogecoin, who goes by the Twitter handle ‘DogeDesigner,’ offered 69,420 DOGE to any media outlet that can prove the existence...
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Twitter Partners With eToro to Enable Users Access to Financial Instruments

Twitter is all set to roll out a new feature enabling its users to access stocks, cryptocurrencies, and other financial assets through a partnership with the fintech company eToro. The collaboration will focus on expanding Twitter cashtags to cover far more instruments and asset classes, as per an eToro spokesperson. eToro-Twitter According to a CNBC...
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The $258 Billion Dogecoin Lawsuit Against Elon Musk: Dissecting The Plaintiff’s Arguments (Op-Ed)

If some angry investors had it their way, the world’s most successful tech startup founder and CEO would meanwhile lose his fortune. The cohort of people bringing “Johnson v Musk et al” in U.S. federal court, Southern District of New York, are suing him for $258 billion. Elon Musk’s attorneys wrote in a memo to...
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1.4B DOGE Dumped by 2 Whales After Elon Musk Changed the Twitter Logo to Dogecoin: Data

The speculations about whether Elon Musk purposefully inflated Dogecoin’s price by changing Twitter’s logo so that he can dispose of his holdings continue on social media. According to data from Lookonchain, two of the five largest DOGE whales sold over $120 million worth of the memecoin amid its massive price rally this week. Twitter’s new...
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Dogecoin Explodes 25% After Elon Musk Changes Twitter Icon to Doge Meme

Twitter’s main logo abruptly changed on Monday into a picture of the infamous “Doge” meme – a Dogecoin (DOGE) predictably pumped as a result.  The cryptocurrency is up 25% in the past hour, now trading for $0.1.  Elon Pumps Doge (Again) When logging into Twitter, the bluebird that once appeared on Twitter’s loading page has...
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