Musk: An instant messaging app "X Chat" with "Bitcoin-like" encryption features will be launched.

GateNews
BTC0,06%

PANews, November 1st news, reported by Cointelegraph, Musk stated in a podcast that he plans to launch an independent instant messaging application called “X Chat” to compete with Telegram and WhatsApp, which is expected to be released in the coming months. “It uses a peer-to-peer encryption system, somewhat like Bitcoin. The encryption works very well; we are conducting comprehensive testing,” Musk added, stating that there will be no “advertising placements.” He pointed out that competitors like WhatsApp “will place ads based on your chat content.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Grayscale transferred 5,322 ETH and 155.649 BTC to a certain CEX, with a total value of over $22 million

Gate News update, April 9. Arkham monitoring shows that about an hour ago, Grayscale transferred a total of 5,322 ETH (worth $11.6 million) and 155.649 BTC (worth $11.07 million) to a certain CEX Prime address.

GateNews31m ago

Analyst: BTC $63k is the watershed between bulls and bears; multiple support levels form the entry range

Crypto analyst Ali Martinez says that current market volatility could provide cycle-level get on board opportunities, and has set multiple key price ranges based on on-chain data. The main support band is $63,111 to $70,685; if it breaks below, it could lead to a liquidity vacuum. In the long term, BTC is approaching its historical uptrend line, and it’s recommended to accumulate in batches.

GateNews1h ago

The U.S.-Iran negotiations have been inconsistent, and Bitcoin and gold both surged and then fell back.

After the Iran–Israel ceasefire, Bitcoin and gold both rose in sync before pulling back. From the perspective of geopolitical chess, we break down the deeper logic behind the price moves and the outlook that follows.

InstantTrends2h ago

A whale opens 20x leverage BTC and ETH short positions, with a position value of about $80 million

Gate News said that on April 9, according to Lookonchain monitoring, a whale address opened 20x leveraged BTC and ETH short positions about 30 minutes ago. Among them, the Bitcoin short position holds 562.58 BTC, and the Ethereum short position holds 18,350 ETH; the total value of the two positions is about $80 million.

GateNews2h ago
Comment
0/400
No comments