Crypto News
| Published On Jan 23, 2022 1:28 am CET | By Peter Siu

Elon Musk Slams Twitter’s New NFT Verification Feature

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Dogefather’, CEO of Tesla and SpaceX, Elon Musk, has slammed Twitter for its latest move integrating non-fungible tokens (NFTs) on the platform for profile verification.

In a Tweet, Musk is calling the innovation “annoying,” saying that Twitter is wasting engineering resources “on this bs while crypto scammers are throwing a spambot block party in every thread.”

Musk immediately got a back up from Bitcoin bull Michael Saylor who provided solution for Musk’s concern by using the Bitcoin Lightning Network.

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Musk’s harsh word did nevertheless lead to criticism from the cryptocurrency community with users recalling that Tesla is accepting dogecoin (DOGE) for merchandise while still snubbing Bitcoin after it suspended the top cryptocurrency for payments last year.

Twitter Blue Labs, the social media platform’s premium subscription model, announced last week that users can now link their Ethereum wallets to their Twitter accounts to verify their NFTs as profile pictures.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.