Crypto Market News: Billionaire Elon Musk on Friday confirmed the appointment of Linda Yaccarino as the new CEO of Twitter. This marks yet another major change at the top of Twitter leadership after Musk fired the leadership team when he took over the social media company in October 2022. Musk said the new CEO would focus primarily on the company’s business operations while he would himself continue to focus on product design and new technology. This is an interesting development for not just Twitter and Tesla but also for the crypto market.
Also Read: Do Kwon To Be Released From Jail As Court Accepts $436K Bail
The fact that Musk would continue to oversee the technology part of Twitter could mean some possibility of crypto payments integration on the platform. Already, the billionaire threw hints of having crypto based payments on the social media company, besides his well known affiliation with Dogecoin.
Musk made the announcement on Friday, hardly a day after revealing that he had hired a new CEO for Twitter. He had also said Linda would be starting at the new position in around six weeks. Musk made the latest announcement:
“I am excited to welcome Linda Yaccarino as the new CEO of Twitter! Linda will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app.”
The US Fed took a massive step toward broadening access to its payment system, seeking…
Ripple CLO Stuart Alderoty has expressed his support for the proposed CLARITY Act. In contrary,…
Elon Musk's SpaceX finally announced a huge amount of Bitcoin in its long-anticipated SEC IPO…
Senator Cynthia Lummis detailed next steps for the Digital Asset Market Clarity Act. The bill,…
The April FOMC minutes indicate that most Fed officials are likely to support a rate…
WhiteBIT has announced the launch of whitebit.uk, which is a crypto platform for users specifically…