Elon Musk Says Most Crypto Are Scams, But X Launches New Crypto Trading Terminal
BeInCrypto
Elon Musk testified that most cryptocurrencies are scams, even as his social platform X introduces new financial trading terminal features.Summary
During a civil trial against OpenAI, Elon Musk testified that while some cryptocurrencies have merit, the majority are scams. This remark was made while discussing a 2018 proposal regarding an initial coin offering (ICO) at OpenAI. Coinciding with these comments, Musk’s platform X launched a new web version of its "Cashtags" feature, designed to transform the site into a professional-grade trading terminal with real-time data, while implementing security measures to protect users from fraudulent tokens.
(Source：BeInCrypto)