Illustration by Mitchell Preffer for Decrypt
The most important tweet on Crypto Twitter this week was an announcement on Friday by Twitter’s owner and CEO Elon Musk naming his replacement, Linda Yaccarino, as the platform’s new chief executive.
Musk will continue serving Twitter as CTO and executive chairman.
Yaccarino left her job as head of advertising at NBCUniversal on Friday morning to take on the job of helping Musk transition Twitter into X, his envisioned “everything app” that will incorporate social media and payments (possibly including crypto) along the lines of China’s WeChat.
Musk is also pro-crypto. His electric car company Tesla is currently one of the largest institutional HODLers of Bitcoin, even after it sold three quarters of its original holdings. He is a fan of Dogecoin, and his frequent tweets about it often pump the price. He even replaced Twitter’s blue bird logo with the Doge meme for a few days, so a potential crypto integration is conceivable,…
2023-05-14 12:24:47
Article from finance.yahoo.com