The past days were marked by the completion of Elon Musk’s Twitter purchase. This has resulted in the rise of the biggest meme coin, Dogecoin (DOGE). Still, the developments on this front do not stop. In this article, we will share the last minute developments for Elon Musk, Twitter and Dogecoin…
Dogecoin fan Elon Musk started taking action for Twitter
Twitter’s new owner, Elon Musk, announced on Friday that he will create a “content control council” to evaluate and oversee policies and decisions at the company. In his latest tweet, Musk informed that the “council” will have “a wide variety of perspectives” and that “no major content decisions or accounts will be reinstated before the council meets.” Elon Musk made it clear why he rolled up his sleeves to buy the social media platform. One is to make the platform a “home” for “free speech”.
Elon Musk did not give much details about the council. However, Musk has made it very clear that he doesn’t agree with the current way the platform works. As Cryptokoin.com reported, when he took control of the company, he dismissed many senior executives. Also, Musk tweeted, “Comedy is now legal on Twitter.” Thus, it signaled changes in content.
Comedy is now legal on Twitter
— Elon Musk (@elonmusk) October 28, 2022
Binance will help Elon Musk with cryptocurrency payments
Crypto exchange Binance is building a team to work on crypto solutions for Twitter, according to a Reuters report. According to a Binance spokesperson, the team will work on “how blockchain and crypto can help Twitter.” Elon Musk seems to be prioritizing a solution when it comes to Twitter bot accounts. According to the report, Binance would work on Twitter’s problems such as the proliferation of bot accounts.
However, according to many, the next step with the partnership is to integrate crypto payments into Twitter. The exchange said it will help Elon Musk develop strategic plans for Twitter’s growth. The company will brainstorm plans and strategies to help Twitter’s operations.
Charles Hoskinson calls out to Musk for Cardano integration
Charles Hoskinson, CEO of Input Output, the company behind Cardano, shared his latest comments on Elon Musk’s acquisition of Twitter. Hoskinson pointed out that it is highly likely that Twitter will now integrate Dogecoin. Also, Hoskinson said that Dogecoin (DOGE) could be integrated into Twitter as a Cardano side-chain. At the time of writing, Dogecoin is changing hands at $0.085690, up 14.5%. Cryptocurrency has risen close to 50 percent in the last seven days, amid developments regarding Elon Musk’s acquisition of Twitter.
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