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Elon Musk’s social media platform, X, has no  plans  of launching a crypto token , despite previous rumors suggesting otherwise.  The decision comes after a warning from a Dogecoin (DOGE) graphic designer, who alerted the crypto community to potential scam token s falsely claiming association with X.  The designer noted that neither Elon Musk nor X has ever launched a crypto token, prompting Musk to respond, saying the social media platform has no plans of launching any crypto token. Elon Musk and 𝕏 never launched a crypto token . Be careful of such articles. ️ pic.twitter.com/tZqfwMMm2X — DogeDesigner (@cb_doge) August 5, 2023 It is widely known that Elon Musk has publicly expressed his support for Dogecoin (DOGE). His interest in the project was evident when he temporarily replaced his Twitter logo with the Shiba Inu logo behind Dogecoin, forcing DOGE up by 27%. Musk has also hinted at integrating crypto as a payment method on X. You might also like: ...

Metaverse tokens surged earlier this year amid rumors about Apple's new virtual reality headset, will this time be different? Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry. In January, the native tokens of blockchain-based metaverse projects Decentraland (MANA) and Sandbox (SAND) witnessed significant surges in price, due partly to swirling rumors about Apple’s venture into mixed reality. This trend was pointed out in a May 15 tweet from independent developer Udi Wertheimer, who in a backhanded comment to the absurdity of influencer-driven memecoins, spoke of the upcoming release as a potential driver of metaverse token prices. CT is completely oblivious to the fact that Apple is about to launch a mixed reality headset in 3 weeks Metaverse shitcoins are going to pump so hard it’s not even funny But you morons keep buying influencer coins Ok — Udi ...

Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. Bitcoin Ordinals causes fees to spike The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network. The divisive newly launched protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content. So far, inscriptions have included content such as images, documents including a PDF file of the Bitcoin whitepaper and even a fully playable clone of the video game DOOM. The 31.2 kilobyte DOOM clone (pictured) will now forever be playable on Bitcoin. Image: Ordinals On Feb. 2, independent developer, Udi Wertheimer, tweeted he had conducted the “largest transaction in Bitcoin’s history” after using the Ordinals protocol to inscribe a 3.94-megabyte image of a sunglass-wearing, bald, bearded wizard lauding “magic i...