Elon Musk

A collection of 36 posts

Bitcoin

Elon Musk Says Newly Formed America Party Will Support Bitcoin

Elon Musk, the billionaire CEO of Tesla and SpaceX, has announced that his newly formed America Party will support Bitcoin, signaling a bold stance on cryptocurrency as part of his political vision. The announcement came on Sunday via Musk’s social media platform X, where he responded to a user’

Elon Musk

Elon Musk's X Platform Set to Launch Financial Services Including Investments and Trading

X (formerly Twitter), the social media platform owned by Elon Musk, is poised to transform into a comprehensive financial hub, with chief executive Linda Yaccarino announcing plans to enable users to make investments and trades directly on the platform. Speaking at the Cannes Lions advertising festival, Yaccarino outlined a vision

Polymarket

Elon Musk’s X Partners with Polymarket to Integrate Prediction Markets onto Platform

In a significant move for both the social media and cryptocurrency industry, X, the platform owned by Elon Musk, announced a partnership with prediction markets platform Polymarket on Friday. The collaboration positions Polymarket as X’s official prediction market partner, a development shared through a post on X’s official

Bitcoin

Elon Musk and Donald Trump Feud Shakes Bitcoin Market Amid Political Chaos

The escalating fallout between Elon Musk and Donald Trump has cast a spotlight on Bitcoin and crypto, as political tensions and macroeconomic pressures contribute to a turbulent environment for digital assets. On June 4, Musk publicly criticized Trump’s proposed tax cut and spending bill, warning that it could lead

Bitcoin

Elon Musk Draws Inspiration from Bitcoin for XChat Messaging Launch

On June 1, 2025, Elon Musk unveiled XChat, a new messaging feature for the X platform, while also showcasing his continued fascination with Bitcoin and its technology. As a prominent advocate for cryptocurrency, Musk has often highlighted Bitcoin's innovative approach to security, and this influence is evident in

IRS

IRS Crypto Directors Depart Agency Following DOGE Resignation Offers

In a significant shift for the Internal Revenue Service’s crypto oversight, two key directors, Seth Wilks and Raj Mukherjee, have accepted deferred resignation offers orchestrated by the Department of Government Efficiency (DOGE) which is current headed up by Elon Musk. As of Friday, both officials, instrumental in shaping the

Bitcoin Mining

Bitcoin Mining Embraces Sustainability as Cambridge Study Reveals 52.4% Clean Energy Use

A recent study from Cambridge University highlights a significant shift in the Bitcoin mining industry, with sustainable energy sources now accounting for 52.4% of its power consumption. This marks a notable increase from 37.6% in 2022, surpassing the 50% threshold set by Tesla CEO Elon Musk for resuming

Coinbase

Elon Musk’s X Takes Stand Against IRS in Supreme Court Over Coinbase User Data

Elon Musk’s social media platform, X, has stepped into a legal battle by urging the U.S. Supreme Court to stop law enforcement from compelling companies like cryptocurrency exchange Coinbase to share users’ financial information without a warrant. The move comes as part of a broader push to protect

Dogecoin

Elon Musk Clarifies No Government Plans for Dogecoin as Price Dips 3%

In a recent town hall meeting hosted by the America PAC, a political action committee founded by Elon Musk last year, the Tesla CEO addressed swirling speculation about the U.S. government’s potential adoption of Dogecoin. Musk, known for his long-standing support of the crypto memecoin, put rumors to

Blockchain

Trump Administration Explores Blockchain Technology for USAID Reform

The Trump administration is reportedly planning a significant overhaul of the U.S. Agency for International Development (USAID), with a focus on incorporating blockchain technology into its procurement processes, according to a report from Wired. This initiative, detailed in a memo circulating among State Department staff, aims to enhance the

Elon Musk

Elon Musk Raises Eyebrows with Claims of Magic Money Computers at Treasury

In a recent video clip that has sparked widespread curiosity, Elon Musk, the innovative mind behind Tesla, SpaceX, and X, introduced a provocative concept he calls "magic money computers." Speaking with a mix of intrigue and skepticism, Musk described these systems as government computers capable of generating and

Memecoins

“Dark Storm” Hacker Group Targets X in Massive DDoS Cyberattack, Launches Memecoin

The digital world faced another shakeup this week as X (formerly Twitter), the social media platform owned by Elon Musk, fell victim to a significant cyberattack. A group known as the Dark Storm team, reportedly aligned with pro-Palestinian causes, has claimed responsibility for the assault, which took the form of

Memecoins

Elon Musk Calls Memecoins a Casino on the Joe Rogan Show

Tesla CEO Elon Musk has once again stirred the crypto pot, this time with a candid critique of memecoins during a recent episode of "The Joe Rogan Experience." The billionaire entrepreneur didn’t mince words when he compared the booming memecoin sector to a casino, casting doubt on

Bitcoin

Senator Cynthia Lummis Proposes Bitcoin as Solution to Audit Challenges of US Gold Reserves

Senator Cynthia Lummis has proposed a revolutionary approach to addressing the long-standing issue of transparency in U.S. gold financial reserves by suggesting the addition of Bitcoin. This proposal comes in the wake of growing concerns over the lack of recent audits on the U.S. gold reserves held at

Bitcoin

WikiLeaks Exposes USAID Funding of Anti-Bitcoin Propaganda

In a striking disclosure by WikiLeaks, a recent publication titled Cyberlibertarianism: The Right Wing Politics of Digital Technology, has come under scrutiny, not only for its content but also for the funding behind its author, David Golumbia. Released by the University of Minnesota Press in November 2024, the book casts

Blockchain

The U.S. Government Could Save Up to $338 Billion by Adding the Treasury to a Blockchain

It seems a new idea is starting to gain steam, as both Coinbase CEO Brian Armstrong and Elon Musk have voiced their support for transferring all US government spending onto a blockchain. This move is seen as a revolutionary step towards enhancing transparency and reducing inefficiencies in federal expenditure. Last

Elon Musk

Elon Musk Pushes Forward the Idea of Integrating the U.S. Treasury with Blockchain

Elon Musk is continuing his push for a revolutionary idea that could transform the landscape of financial governance in the United States. The tech visionary, known for his audacious innovations, is championing the integration of the U.S. Treasury with a cryptocurrency blockchain to enhance tracking, accounting, and overall transparency.

Payments

Elon Musk Partners with Visa For X Money, Digital Payments Coming to the Everything App

Elon Musk's vision for X as an all-encompassing platform took a significant step forward today with the announcement of a partnership with Visa. This collaboration aims to integrate direct payments into the X social media app, introducing features that allow users to manage their finances and make online

Elon Musk

Elon Musk Considers Using Blockchain for US Government Efficiency Agency

Elon Musk is delving into the potential of blockchain technology to enhance efficiency across federal services. This initiative according to Bloomberg, part of Musk's broader responsibilities within the Trump administration's newly formed Department of Government Efficiency (DOGE), signals a significant shift towards embracing innovative tech solutions

Roger Ver

Elon Musk Explores Pardon for Bitcoin Pioneer Roger Ver from President Trump

In an intriguing development within the crypto world, Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, said he will begin discussions with President Donald Trump regarding a potential pardon for Roger Ver, a notable figure known for Bitcoin evangelism and early advocacy, even earning him the name "Bitcoin

DOGE

Trump and Musk Unveil DOGE Website for Government Efficiency

In a bold move on the very first day of his presidency, Donald Trump, alongside Elon Musk, has launched the official website for the Department of Government Efficiency (DOGE), accessible at Doge.gov. This initiative, which has been a topic of much speculation and discussion, promises to usher in an

Ross Ulbricht

Trump's Promise to Free Ross Ulbricht on Day One Goes Unfulfilled

Donald Trump's pledge to commute the sentence of Ross Ulbricht, the founder of the notorious Silk Road marketplace, has not come to fruition on the first day of his second term in office. This unfulfilled promise has left advocates and supporters of Ulbricht disheartened, as they had hoped

Bitcoin

France Threatens to Freeze Elon Musk’s Funds, Unless He Moves Them to Bitcoin

In a recent wave of political controversy, French President Emmanuel Macron has accused tech mogul Elon Musk of interfering in European elections, spotlighting a growing concern among European leaders about the sway of influential figures on democratic processes. This accusation against Musk, known for his leadership roles at Tesla, SpaceX,

Crypto

Linda Yaccarino Unveils Ambitious 2025 Payment System X Money

In a bold step towards becoming an all-encompassing platform, X's CEO Linda Yaccarino has officially announced the upcoming launch of 'X Money', a new payment system slated for 2025. This announcement came in Yaccarino's New Year's message where she painted a vision

Memecoins

Elon Musk Changed His Name to Kekius Maximus, Transformation Explained

Elon Musk, the enigmatic entrepreneur known for his disruptive tendencies, has once again stirred the digital pot by changing his name on X to "Kekius Maximus". This peculiar decision, made on a seemingly ordinary Tuesday, has set the internet ablaze with speculation and curiosity. Musk, who commands an