Elon Musk Officially Buys Twitter - October 31, 2022

Bitcoin Magazine's Q, P, and Chris break down the latest Bitcoin-related news on October 31, 2022 the birthday of the Bitcoin white paper. 

October 31, 2022 News

• Elon Musk is now officially Twitter’s new owner, ending months of costly litigation
• Twitter sued Musk in early July after the Billionaire said he was walking away from his agreement to purchase the company for $44 billion
• Elon cleans up Twitter by firing CEO, Parag Agrawal, CFO, Ned Segal, The top legal and policy executive, Vijaya Gadde, and Sean Edgett, the general counsel
• Vijaya was making a whopping $17m a year!
• Elon said that he will be reinstating suspended accounts starting today.
• Elon Musk reportedly rejected FTX CEO’s offer of up to $15 billion to provide financing for the Twitter acquisition.
• Bitcoin White Paper Day
• Stablesats are live
• This sweater developed by the University of Maryland is an invisibility cloak against AI.
• Earthwork underway at Riot Blockchains 1 Gigawatt Corsicana facility in Texas
• Announcing Zion v2 // a web 5 app
• Biden Administration Wants to Make it Easier to Seize bitcoin and crypto without Criminal Charges

•  Banks need to monitor ALL payments from 100 euro or more
• Leftist Lula defeats incumbent Bolsonaro - wins Brazil’s presidential election by a narrow margin

 

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