Tag: elon musk

Ripple CEO Denies the Company Influenced Elon Musk on Bitcoin Energy Usage

The accusations that Ripple is behind Elon Musk’s bitcoin energy consumption concerns are “beyond flattering,” said the firm’s CEO. Ripple’s CEO, Brad Garlinghouse, finds “beyond flattering” the accusations that the company he runs...

Elon Musk Wants to Know Where BTC Miners Are Getting Their Energy

Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has taken more jabs at the bitcoin mining process. Elon Musk Isn’t Done Asking Mining Questions People were shocked last...

Musk: Renewable Energy Audits Could Help Address BTC’s Energy Concerns

Auditing the quantities of renewable energy used by large-scale BTC miners is crucial in calming fears about the crypto’s carbon footprint. This is according to Tesla’s CEO Elon Musk. Musk was responding to...

Elon Musk Says Bitcoin Lightning Is Needed For Now

Tesla CEO Elon Musk is diving deeper into the Bitcoin scaling debate in his latest tweet. https://twitter.com/elonmusk/status/1395552911430619144 The centibillionaire claims that a single layer will be able to handle all future transactions because of rapidly...

A new Ethereum based currency STOPELON has been launched purely to limit Musk’s influence over the volatile market

A new cryptocurrency called Stopelon has been launched to limit Musk’s influence over the volatile market. STOPELON is currently worth $0.000015 with a market capitalization of around $8 million, though this is...

Dogecoin overtakes Bitcoin (BTC) on a new front

In 2021, the trajectory of Dogecoin is similar to that of a comet. Cryptocurrency has increased by more than 14,000% since January 1. And while the shiba token was already threatening Bitcoin in some...

Elon Musk no longer the world’s second-richest person

Tesla’s rapidly decreasing stock prices have harmed its CEO’s net worth. Consequently, Elon Musk is no longer the second-richest person on Earth. Tesla’s CEO, Elon Musk, has lost his spot as the world’s...

Did Elon Musk inadvertently promote Ripple (XRP) when he dropped the Bitcoin bomb?

Ever since Tesla CEO Elon Musk announced that the automaking company will be dropping Bitcoin payments, Bitcoin (BTC) has plunged dramatically on the crypto market, shedding more than $10,000 of its value....
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