NFT News by Thebittimes.Com

The Twitter user who initially registered the @X handle had their profile forcibly changed after Elon Musk rebranded the social media platform to X. Twitter is currently undergoing a rebrand to X after owner Elon Musk grabbed headlines when he announced that the 17-year-old social media platform he acquired in 2022 would have a new name, logo, look and feel on July 24. X will serve as the new name of the social media platform and a broader ecosystem platform that Musk intends to develop. According to a screenshot shared on the alternative social media platform Stacker.News, representatives of X emailed a user that had initially registered the @X Twitter profile, informing them that the platform would take over the account. A screenshot of an email shows Elon Musk’s rebranded X social media platform offering a user merch andise and a trip to company headquarters after taking over their profile name. Screenshot of the email sent by X to the user. Source: Stacker.News The user was told t...

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.  On Twitter, the Cointelegraph social team asked the Community to share their perspectives on what the best crypto use case is. From payments and self-custody to transparency and investment, Community members gave a wide range of responses. What is the best use case of crypto ? — Cointelegraph (@Cointelegraph) November 29, 2022 One community member highlighted the use of stablecoins like Tether (USDT) as payment methods while pointing out that other cryptos can be used as investment tools. On the other hand, another response brought up the transparency that crypto brings. Apart from these, one answer also raised...

RichQuack pumped again overnight with the meme coin peaking as high as 66% in the past 12 hours. QUACK has retraced as investors and traders took profits on Thursday morning, but the coin is still 27% up in 24 hours. Zoom out and the price is even better, with investors 155% up in 7 days and more than 200% in a month. Those figures were as high as 245% and 310% when QUACK hit its 24hr peak of $0.000000003240, with the coin reaching its highest price in 9 months. In fact, the last time the coin was above $0.000000002 was January and the coin reached a yearly low of $0.0000000004 in June. Investors who bought at that time have made 400% if they still hold right now. What is RichQuack? RichQuack is a hyper-deflationary meme coin that started with a gargantuan supply of 100,000,000,000,000,000 (100 quadrillion).  However, the robust burn mechanism has already taken 53.5% of the coins out of circulation, cutting supply to 46,775,855,335,611,000 - still a massive nu...