From blue bird to X: Twitter’s rebranding sparks crypto frenzy
Multiple tokens adorned with the label ‘X’ emerged on various decentralized exchanges as Twitter, under the leadership of Elon Musk, initiated a transition from its recognizable blue bird emblem to an ‘X’ insignia. The first indication of this imminent shift was given by Musk in a tweet during the weekend. This was later substantiated on Sunday, July 23, by Twitter’s CEO, Linda Yaccarino. “X represents the boundless potential of a new era of engagement encompassing audio, video, messaging, and even banking transactions, shaping a worldwide forum for the exchange of thoughts, merchandise, services, and opportunities,” stated Yaccarino. “AI will be the driving force behind X, linking us in manners we are just beginning to comprehend.” The transition to X Corp began in April 2023 when Musk integrated Twitter into the newly formed corporation. Around the same period, he registered X.AI Corp., an artificial intelligence startup. Twitt...