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Tag Archives: elon musk

Twitter Accepts Elon Musk’s $44B Buyout Offer 

The rumors were true: Twitter has accepted Tesla CEO Elon Musk’s $44 billion offer to take over and privatize the entire company. Twitter and Elon Strike the Deal According to the Wall Street Journal, Twitter worked through the night hashing out the deal, which polarized many over the ethics of such a hostile takeover of a social media giant. Initially, Twitter appeared to lean against the offer, with a major Saudi Arabian investor (and prince) rejecting Musk’s bid in...

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Crypto Mining Companies Strive to Utilize Renewable Energy

Several crypto mining firms are trying very hard to transition to renewable energy. Crypto Mining Energy Sources Are Still Points of Heavy Arguing The arguments surrounding crypto mining have been permeating the space for years. While there are some analysts and industry heads out there who claim the space is not as damaging to Earth’s atmosphere as one would think, there are many environmentalists who claim otherwise, no matter what’s thrown at them. It also doesn’t...

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Wikimedia Foundation Turns Its Back on Crypto Donations

The Wikimedia Foundation has voted to stop accepting payments or donations in cryptocurrency, a huge blow to the industry. Wikimedia Votes Against Future Crypto Payments Many of the world’s biggest crypto assets were initially designed to serve as payment methods that could potentially push things like checks, credit cards, and fiat currencies to the side. However, this has been a slow journey given how volatility they tend to be. Assets like bitcoin, Ethereum, and many...

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Vitalik Buterin’s Take on the Musk-Twitter Takeover

Besides generating a lively discussion among Twitter users across the globe, Elon Musk’s bid to acquire the social media platform for $43 billion in cash has also galvanized the blockchain’s billionaire club. In the latest, Ethereum co-founder Vitalik Buterin has made his mind public on the issue. In a tweet on Saturday, he said he doesn’t oppose Elon Musk running Twitter, but he doesn’t quite approve of wealthy people or organizations taking over social media firms through...

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Elon Musk’s Twitter Takeover Won’t Fix Centralization, says BlockTower CIO

Tesla CEO Elon Musk has offered to completely buy out Twitter with a $43 billion offer, in the name of free speech. He’s offering $54.20 per share for all 800,641,166 shares of Twitter’s common stock. However, one crypto investment firm doesn’t believe this is a meaningful development for freedom, given the inherent weaknesses of centralization. Elon Musk’s Grand Twitter Plans Musk’s offer – announced publicly over Twitter today – represents a 38% premium over Twitter’s...

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New Twitter Board Member Elon Musk Suggests Adding Dogecoin Payment Option

Elon Musk, the CEO of Tesla and SpaceX, purchased a 9.2% stake in Twitter, which became known recently, and was appointed to the board of directors shortly after. Now, the billionaire made several propositions to the social media giant’s paid subscription plan, one of which sees the implementation of Dogecoin payments. As reported by CryptoPotato earlier this month, Musk filed documents with the Securities and Exchange Commission showing that he purchased over 70 million...

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The Face of Elon Musk Is Still Being Used for Crypto Scams

Elon Musk has long been involved in the crypto world, both in negative and positive ways. At press time, it looks like the negative waves surrounding his crypto presence are taking a little more precedence than the positive ones given that his face and likeness are still being used for crypto scams across social media platforms. Elon Musk Is Still the Face of Crypto Fraud This has been an ongoing problem. For several years, many scams on sites like YouTube, Twitter, and...

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Tesla-Aktie steigt: Tesla mit neuem Auslieferungsrekord im Quartal

Tesla, Inc. ist ein börsennotierter US-amerikanischer Autohersteller, der neben Elektroautos auch Batteriespeicher und Photovoltaikanlagen produziert. Tesla übertrifft erneut Erwartungen:In den vergangenen fünf Quartalen hat der Elektroautohersteller Tesla jeweils einen neuen Auslieferungsrekord aufgestellt. Angesichts der internationalen Lieferkettenprobleme und der Knappheit der Halbleiter war in diesem Quartal nicht erneut mit einem neuen...

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Elon Musk kauft Twitter und Dogecoin legt wieder zu

Der berühmte Unternehmer Elon Musk hat zu Beginn der Woche für einen Medien-Hype gesorgt. Er kaufte Twitter-Aktien in großem Stil. Als die Nachricht publik wurde, explodierte Dogecoin in der Hoffnung, Twitter könnte den Meme-Coin mit Musk’s Hilfe auf der Plattform implementieren. Crypto News: Elon Musk kauft Twitter und Dogecoin legt wieder zuDer Trend schaute für DOGE schon in der letzten Woche positiv aus, doch durch die Übernahme Twitters wurde dieser Trend weiter angeschoben. Über Nacht...

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Bit Nile Holdings Establishes Crypto Mining Department

Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solution for All The company is looking to establish partnerships with assorted crypto and blockchain firms such as Bitmain so it can engage in all aspects of crypto mining such as the distribution of equipment, hosting and managing electrical power, repairing miners and...

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