Fun

News Feed - 2023-07-24 12:07:03

Jesse Coghlan5 hours agoElon Musk to rebrand Twitter to X, but Crypto Twitter has other ideasOne pitch from Axie Infinity’s co-founder said to keep Twitter but have a crypto wallet named X for spending and creator tipping.5571 Total views41 Total sharesListen to article 0:00NewsJoin us on social networksTwitter users, along with the avid crypto community, may soon see a very different version of the social media app — which is set to ditch its iconic blue bird logo for an “X” as part of a major rebrand.


Crypto Twitter hasn’t been particularly thrilled with some of the changes, however.


In a series of tweets on July 23, Musk hinted that the platform will be rebranded to “X” as early as the next day, an early step in its eventual transformation to an “everything app.”


The rebrand could involve changing Twitter’s color scheme to black, the removal of Twitter’s blue bird logo and a name change to X, according to Musk’s various tweets and a poll.And soon we shall bid adieu to the twitter brand and, gradually, all the birds— Elon Musk (@elonmusk) July 23, 2023


The website used to access the social media platform may also change, with X.com, the online address for Musk"s 1999-founded financial services startup that sold to PayPal, now redirecting to Twitter.


According to the Wayback Machine, until recently, x.com was a mostly blank website that simply displayed the letter “x.” Prior to that, it had redirected to Musk’s Boring Company website. The website URL also had a long stint in the early 2000s pointing to PayPal and even had a stint displaying eBay"s corporate site. 


In March, Musk also established the tech firm X Corp. as Twitter’s parent company, partly to realize his vision for the WeChat-like app.Crypto Twitter calls rebrand decision ‘insane’


However, not many Crypto Twitter users have been thrilled with the proposed changes. Twitter has been a stronghold for the crypto community, with over 1 billion tweets about crypto between 2020 and 2022, according to a March Hypebeast report.


Trust Machines marketing chief Dan Held said that Twitter was “iconic,” adding Musk was “insane” to rebrand to X.


Others have been resistant to the proposed X rebrand. Crypto blogger Tiffany Fong said she’s “still callin it twitter,” which podcast host Peter McCormack agreed with.I stand with you Tiffany— Peter McCormack‍☠️ (@PeterMcCormack) July 23, 2023


There were, however, some supportive of the idea, saying the super-app has been Musk’s vision since leaving PayPal and pointing to Musk’s October tweet that implicitly said his Twitter purchase was the accelerant to creating X.


Others have been pitching their own ideas on how Musk should move ahead with X. Axie Infinity co-founder Jeff “Jiho” Zirlin said to keep the Twitter name but add a crypto wallet called X to allow users to spend and tip platform creators./imagine

Keep it named twitter. Add a wallet called X. Let people spend and tip. Keep the new creator earnings within the twitter community as a circular economy.

Add bitcoin and eth transfers to the wallet.

Mass adoption. pic.twitter.com/4lcxlPnW15— The Jiho.eth (@Jihoz_Axie) July 23, 2023


Related:Twitter to impose daily limits on DMs for unverified accounts


Meanwhile, in a July 23 tweet, Twitter CEO Linda Yaccarino added more clues about X, saying it would have “unlimited interactivity,” support multiple media formats, and feature payments and banking — a feature that Musk has reportedly said he wants to support crypto.


Without specifying how Yaccarino said the upcoming app would also be powered by artificial intelligence, though Musk has previously said AI would be used to detect manipulation of public opinion.X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine.— Linda Yaccarino (@lindayacc) July 23, 2023


The rebrand comes as Musk admitted on July 15 that Twitter’s advertising revenue had dropped by 50% and the firm had a heavy debt load, although it’s unknown over what timeframe the revenue drop occurred.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:Tokenizing music royalties as NFTs could help the next Taylor Swift# Twitter# Business# Elon MuskAdd reactionAdd reactionRelated NewsCan memecoins be used as real currency?Bitcoin rally will lead to "speculative blow-off top” in 2024, Mark Yusko predictsUS law protects institutions and exposes retail investors — Rep. TorresTwitter receives money transmitter licenses in three US statesElon Musk calls for AI regulatory oversight: ReportElon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads

News Feed

Turner Wright8 hours agoRep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiationsRepublican leadership has blamed the Biden administration for not having a “sense of urgency” on stab
Vietnamese tech company to build $200M AI factory with Nvidia
Savannah Fortis12 hours agoVietnamese tech company to build $200M AI factory with NvidiaVietnamese IT firm FTB and Nvidia will join forces to construct a cutting-edge $200 million AI factory, poised to revolutionize the
Binance to delist several TrueUSD trading pairs
Ezra Reguerra12 hours agoBinance to delist several TrueUSD trading pairsBinance will delist the COMP/TUSD, EDU/TUSD and PENDLE/TUSD trading pairs on March 15 at 3:00 am UTC.1469 Total views9 Total sharesListen to article
Helen Partz10 hours agoTON raises 8-figure sum from MEXC to make Telegram a Web3 super-appTelegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in Telegram’s potential Web3 journey.4089
McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Tom Mitchelhill1 minute agoMcDonald’s Instagram hackers make $700K shilling Grimace memecoinScammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot
Osmosis, dydx and Synthetix most actively developed DeFi projects: Santiment
Tom Mitchelhill3 hours agoOsmosis, dydx and Synthetix most actively developed DeFi projects: SantimentThe decentralized Cosmos exchange Osmosis has been listed as the most actively developed DeFi project in the last mont
Former Ethereum adviser files $9.6B lawsuit against US gov't
Helen Partz10 hours agoFormer Ethereum adviser files $9.6B lawsuit against US gov"tFormer Ethereum adviser Steven Nerayoff wants the U.S. government to repay $9.6 billion in damages for extortion charges that were eventu
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies South African finance minister Enoch Godongwana has put forward proposals that bar pen
Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase
Este artículo también está disponible en español. Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announcedtoday
Binance to appeal $4.4M fine from Canadian regulator
Turner Wright2 hours agoBinance to appeal $4.4M fine from Canadian regulatorThe cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators.385
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum Aztec, a Web3 privacy layer, has raised $100 million in a Series
On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off
Este artículo también está disponible en español. As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana(SOL) have emerged as