X product chief floats idea of building “something” to address crypto slump
Summary
Nikita Bier, X's head of product, has proposed the idea of developing a new feature or service, referred to as "something," to address the current downturn in the cryptocurrency market. While specific details about this initiative remain undisclosed, speculation suggests it could be linked to X Money, an integrated payments service offering peer-to-peer transfers, digital wallets, and financial tools. X Money is expected to launch early public access this month, aligning with Elon Musk's vision of transforming X into an "everything app" that includes payments and account management. Although crypto integration is not currently part of X Money, past statements from former CEO Linda Yaccarino indicated plans to incorporate investment and trading features, hinting at potential future support for digital assets. This development comes as X intensifies its efforts to remove bot networks, with crypto-related accounts being a significant target of this platform cleanup.
(Source:Crypto Briefing)