Hint: Twitter swapping its iconic blue bird logo for the doge meme might have something to do with Elon Musk and a $258-billion lawsuit filed by the memecoin’s investors.
Two days after April Fool’s, some Twitter users noticed that the platform had swapped its iconic blue bird logo for the doge, an internet meme about a cheeky Shiba Inu that is also used as the logo for a cryptocurrency. The inexplicable swap comes three days after Chief Twit Elon Musk petitioned a U.S. federal court to throw out a $258-billion racketeering lawsuit filed against him by investors in dogecoin, the cryptocurrency that takes its name from the meme.
On Friday evening, Musk’s lawyers called the suit, which accuses him of participating in a pyramid scheme to artificially prop up the memecoin, a “fanciful work of fiction.” They added: “There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion.” Dogecoin’s price has historically been closely tied to Musk’s internet activity, hitting an all-time high on the day he hostedin 2021.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Did Elon Musk Add a Pop Sound to Twitter's 'Like' Button?A tweet with the claim attracted over 26,000 likes and over 821,000 views as of this writing.
Read more »
News organizations aren't going to pay Elon Musk for Twitter BlueNews organizations say they won't pay for Elon Musk's Twitter Blue because 'verified checkmarks no longer represent authority and expertise'
Read more »
Celebrities, media, White House, refuse to pay for Elon Musk’s Twitter BlueTwitter's strategy of moving to a fully-paid verified account system is receiving resistance from celebrities, athletes, news outlets, and even the White House.
Read more »
Elon Musk appears to offer $1M bounty to 'convict' Twitter 'botnets'Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Twitter strikes New York Times’ verified badge on Elon Musk’s ordersTwitter removed the “verified” badge from the New York Times’ main account on Sunday, a move that billionaire owner Elon Musk pushed for overnight after learning that the news organization would not pay for its Twitter Blue service.
Read more »