What Is The Main Risk Associated With A Cryptocurrency Hot Wallet?
Cryptocurrency wallets play a crucial role in the digital finance ecosystem, allowing users to store, send, and receive cryptocurrencies....
Tesla and SpaceX CEO Elon Musk has been at the core of cryptocurrency rumours yet again, despite making no active moves towards the industry.
Musk’s most recent confirmation that he is not investing in or developing on any cryptocurrency platform can in response to a tweet by actor William Shatner, which read:
“My friends Vitalik Buterin and Elon Musk were trying to decide what to build on Ethereum. I’ve been waiting and waiting. I finally decided to do something myself.”
To this, Musk replied that he is not averse to the Ethereum platform, but he is not looking to build anything on it, saying:
I’m not building anything on ethereum. Not for or against it, just don’t use it or own any.
— Elon Musk (@elonmusk) July 2, 2020
Musk has been vocal about his Bitcoin investments on Twitter, revealing and then reconfirming that he only owns 0.25 Bitcoin in his cryptocurrency portfolio, an amount which he says was given to him. His latest tweet now confirms that the technology guru is not investing in the leading altcoin either. Whether or not he owns other cryptocurrency remains to be confirmed, although it’s safe to assume that it is unlikely.
The movie star’s tweet reveals a new project in partnership with Mattereum which offers a tokenised approach to collectable chips, tokens, and signed merchandise. A video in the tweet explains:
Cryptonians! My friends @VitalikButerin & @ElonMusk were trying to decide what to build on @Ethereum. I’ve been waiting & waiting ???? I finally decided to do something myself. Join me! ???? Bill ????????https://t.co/S8A6lAjapU #MCC2019 #blockchainweeknyc #atomicswapnyc @mattereum pic.twitter.com/NEd8MSVwHC
— William Shatner (@WilliamShatner) May 10, 2019
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