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Watchmakers Are Trying to Attract Millennials Through BTC

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A new survey suggests that millennials and Gen Z are getting into luxury items. Luxury watchmakers are now taking advantage of this and looking to attract younger buyers using products like bitcoin and Snapchat. Millennials Don’t Usually Wear Watches The funny thing is that many millennials and younger...

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NBCU’s Linda Yaccarino Allegedly in Talks to Become Next Twitter CEO

Yaccarino, over the recent months, has assisted Twitter in re-establishing its repertoire with advertising agencies. According to Wall Street Journal report, NBCU’s Head of Advertising Linda Yaccarino is all set to become the next Chief Executive Officer of Twitter. The news comes hours after Elon Musk’s announcement via Twitter that he has appointed a new CEO. Yaccarino, who devoted a major part of her life and career to WarnerMedia’s TV operations before joining NBCUniversal ten years...

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MakerDAO Plots New AI-Inspired Blockchain, Publishes Roadmap

The new blockchain called NewChain will be closely linked with Ethereum, promising increased governance security of the ecosystem. MakerDAO, the issuer of the DAI stablecoin, has revealed its plans for a major update it calls the “Endgame”, this follows after the platform recently published a detailed roadmap of the upcoming update. According to the May 11 announcement, the update will take place in five phases and will effect changes that will use artificial intelligence (AI) tools and...

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Crypto Price Analysis May-12: ETH, XRP, ADA, PEPE, and DOGE

This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Dogecoin. Ethereum (ETH) With the market in the red, Ethereum has fallen by 7.4% this week. In the process, the key level at $1,800 has turned into a resistance. This highlights a major change in the structure and puts bears in control of the price action. The momentum has turned bearish, and a test of the key support at $1,660 appears likely in the coming week. This becomes increasingly so if Bitcoin...

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Terraform Labs Founder Do Kwon to Be Released on $440K Bail (Report)

Do Kwon, founder of Terraform Labs, which operated Terra stablecoin and Luna cryptocurrency, has pleaded not guilty to traveling to Montenegro on a forged passport. In the Basic Court of Montenegro’s capital Podgorica, Kwon and Terraform’s chief financial officer Han Chang-Joon denied document forgery charges. Shortly after, another local report informed that the Court approved the bail worth €400,000 that was proposed by Kwon. As such, he is set to be released ahead of the...

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Tesla Shares Print Mild Gains as Elon Musk Is Set to Step Down as Twitter CEO

The biggest beneficiary of this move in the long term will be Tesla shareholders, considering the firm is the only publicly listed entity tied to Elon Musk The shares of American multinational technology company Tesla Inc (NASDAQ: TSLA) are seeing an impressive uptick as investors appear elated that the company’s Chief Executive Officer, Elon Musk is setting his priorities right. As reported earlier by Coinspeaker, the iconic entrepreneur and founder said he is stepping down from his...

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Binance.US Explores Reducing Stake of Changpeng Zhao amid US Regulatory Crackdown

The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators.  As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong crackdown by the United States federal regulatory authorities. Currently, CZ is the majority stakeholder currently in Binance.US, as reported by The Information citing sources familiar...

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TABOO Pushes Its Valuation to $250M Following $10M Funding Round

The TABOO token was designed to serve as a major utility token to help every user of the platform to get the most utility from using the services. TABOO, an adult entertainment platform, has raised a sum of $10 million in funding as it seeks expansion of its service offering using the power of blockchain technology. According to a press release shared with Coinspeaker, TABOO is now valued at $250 million following the funding round. According to the announcement, the funding round for...

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Brief Analysis of Messari’s Q1 2023 State of TRON and USDD Reports

[PRESS RELEASE – Geneva, Switzerland, May 12th, 2023] Messari, a leader in crypto market research and intelligence, recently released reports on both the USDD stablecoin as well as the TRON blockchain ecosystem. “The TRON DAO team appreciates Messari’s work overall, and like normal, its objective research in these latest TRON-related reports offers data-driven, insightful remarks,” a TRON spokesperson commented. State of USDD Q1 2023 USDD is an overcollateralized stablecoin...

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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 11th, Musk said the company’s new CEO will start in about six weeks. “Excited to announce that I’ve a new CEO for X/Twitter. She will be starting in ~6 weeks! My...

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