Crypto Twitter was united in amusement today when the hashtag #eth began to automatically show the Ethiopian flag as the Ethereum 'logo'. Given Twitter CEO Jack Dorsey’s love of Bitcoin and the fact Bitcoin has its own Twitter icon many wondered if Dorsey was subtly trolling Ethereum (ETH). After all he’s a staunch Bitcoin (BTC) maximalist that has refused to consider buying into ETH and other altcoins on multiple occasions and has repeatedly stated that Bitcoin will become the internet’s native currency. The Twitter and Square founder certainly saw the funny side of it, Tweeting “#eth” which drew the attention …
15 years ago, the social media application Twitter was launched. You might have heard of it, it’s pretty big. Initially, the microblogging and social networking service was a friendly place, packed full of helpful articles and adorable videos. In a recent article, aptly titled ‘How Twitter ruined everything,’ the author Douglas Murray wrote, somewhat nostalgically, “It all started out so well." Jack Dorsey’s brainchild was once, believe it or not, fun. People used the platform to say wacky things, but fun wacky, not QAnon wacky. Oh, how times have changed. Twitter, in many ways, has gone from being a heavenly …
Aave founder Stani Kulechov told his 90,000 Twitter followers on Saturday that his protocol should build “Twitter on Ethereum'' after Jack Dorsey said he was developing a new Bitcoin (BTC)-centric financial services platform with striking similarities to Aave. Since @jack is going to build Aave on Bitcoin, Aave should build Twitter on Ethereum — stani.eth rAAVE =(⬤_⬤)= (@StaniKulechov) July 17, 2021 Dorsey tweeted Thursday that Square Inc., his mobile payment company, was creating a new business “focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services.” Square …
A common saying in the investing world is “The trend is your friend,” a phrase that points to the idea that the majority of the time, sticking with the prevailing market trend will produce positive results. Some of the common metrics used to identify market trends include: technical analysis, which involves studying price charts to spot opportunities; fundamental analysis, which involves looking at a project’s underlying economic and technological factors; and social media metrics, which help an investor listen to the pulse of what the wider public is focused on. One of the more popular metrics that crypto traders use …
Digital payments firm Square is building a Bitcoin (BTC) hardware wallet, with CEO Jack Dorsey and hardware lead Jesse Dorogusker both confirming the plan on Twitter. The tech entrepreneur and Bitcoin proponent first teased the idea for a Square hardware wallet and custody service last month but revealed today that “we’re doing it.” We’re doing it #Bitcoin https://t.co/IwbKuBoXGv — jack (@jack) July 8, 2021 Dorogusker said on Twitter that Square wants to make Bitcoin custody more mainstream and outlined the pathway for the hardware wallet rollout: “We have a lot of questions and issues to reconcile and we’ll start with …
Twitter CEO Jack Dorsey has again rejected the idea of him buying into Ether (ETH) despite the social media platform’s activities with Ethereum-based nonfungible tokens (NFT). On Wednesday, the social media platform announced a giveaway through Rarible, a major NFT platform utilizing the Ethereum blockchain network for minting digital collectible tokens. But despite Twitter releasing 140 NFTs on Ethereum — the foundation for the second most-valued cryptocurrency after Bitcoin (BTC) — Dorsey apparently remains loyal exclusively to Bitcoin. Following the NFT news, Twitter user Packanimal suggested that it was “only a matter of time before” Dorsey invested in Ether, to …
Leading social media network Twitter launched a nonfungible token, or NFT, giveaway on Wednesday in a campaign that shined the spotlight on the evolution of the social media network. Twitter announced Wednesday that it will give away 140 free NFTs to 140 of its followers. The tweet, which had already received over 13,000 likes at the time of publication, contained several follow-up messages with themed NFT drops. 140 free NFTs for 140 of you, besties pic.twitter.com/0Pm0tNhIRg — Twitter (@Twitter) June 30, 2021 The first NFT drop was for “Reply Guy,” or “The man behind the mansplaining.” Reply Guy The man …
Jay-Z and Jack Dorsey have hinted that their music streaming service, Tidal, could be eying integrations supporting nonfungible tokens (NFT) and smart contracts. Speaking during a conference on Monday hosted on Twitter Spaces, the duo emphasized the importance of introducing features that empower the artists using the platform, citing smart contracts, NFTs and analytics tools as examples. Despite Tidal lagging behind top music streaming services — with Tidal’s 2019 $166 million in revenue paling in comparison to the $2.8 billion and $7.44 billion generated by Apple and Spotify, respectively, during that same year — Dorsey and Jay-Z believe they can …
Tesla CEO and Dogecoin (DOGE) enthusiast Elon Musk may be speaking at an event aimed at educating institutional investors on Bitcoin (BTC). In a Twitter discussion with Jack Dorsey, Musk agreed to speak at “The ₿ Word,” a July 21 virtual event hosted by the Crypto Council for Innovation and featuring major players in the crypto space. “As more companies and institutions get into the mix, we all want to help protect and spread what makes #bitcoin open development so perfect,” said Dorsey. “This day is focused on education and actions to do just that.” Musk responded to Dorsey with …
Twitter CEO and crypto proponent Jack Dorsey has highlighted the efforts of a group entrepreneurs who are pushing the Ethiopian government to embrace Bitcoin (BTC). In a Wednesday tweet, Dorsey shared a Twitter thread from Project Mano, a group of Ethiopian-based entrepreneurs that are trying to get the government to consider mining and storing Bitcoin. #bitcoin https://t.co/jQSnJr5bv8 — jack (@jack) June 15, 2021 Dorsey appears to have given the project some helpful exposure, with Project Mano’s Twitter followers doubling from 500 when he shared the thread to around 1,000 at the time of writing. Project Mano noted in a Tuesday …
Jack Dorsey, co-founder and CEO of social media network Twitter and founder and CEO of financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses. On Friday, Dorsey responded to a question from Twitter user Deyonté, who had requested that Dorsey integrate the Lightning Network into Twitter or BlueSky — the decentralized social network Twitter has devoted manpower to developing since 2019. In response, Dorsey responded, “Only a matter of time.” Only a matter of time — jack (@jack) June 11, 2021 Dorsey’s comment appears intentionally vague, with …
The bill introduced by the president of El Salvador to make Bitcoin (BTC) legal tender in the nation passed the Legislative Assembly with a supermajority just before 6:00 am UTC. In a Twitter Spaces conversation with 22,000 listeners that began just after 5:00 am UTC, President Nayib Bukele said he would sign off on the historic law later that night or first thing the next day. “It goes into effect immediately,” he said, clarifying the government would allow 90 days for the infrastructure to be put into place. The #BitcoinLaw has been approved by a supermajority in the Salvadoran Congress. …