Elon ‘Dogefather’ Musk Reportedly Tells Twitter to Pause Crypto Wallet Efforts

Twitter is refocus all its try on making the most money in the shortest possible time , fit in to some reports .

The tech blogPlatformerreported late Thursday based on unnamed sources supposedly from within Twitter that the social media app ’s new owner Elon Musk has truly shaken up the merchandise roadmap . ostensibly , profane team is imagine to work through the weekend to come out with its$8 paid verification system(AKA paid - for depressed checkmarks ) by Monday .

Though much of the report state that these are just early stages of consideration , Platformer states that Musk also need to hesitate thelong - variant writing undertaking nickname “ Notes”as well as a just late revealedcrypto pocketbook . Both of those feature have been long - request by the blogging type and crypto bros , respectively . The story does not go into why these features are being put on hold , but if I had to guess , it ’s because they would n’t make Twitter — and Musk — any contiguous scoop change to apologize the$44 billion escapade to take the company private .

Despite Musk being a proponent of crypto through his promotion of dogecoin, he’s apparently pausing a proposed crypto wallet for Twitter so they can instead focus on paid verification and other money-making projects.

Gizmodo could not severally verify Platformer ’s report , and Twitter did not respond to a request for comment . The society ’s wardrobe team has become much mum since Musk take over the company last hebdomad , and it seems to be heading in the same direction as Musk ’s other ship’s company SpaceX and Tesla , which no longer have Puerto Rico team .

Still , Casey Newton , who writes the Platformer web log , has street cred on the tech pulsation andhas entree to internal Twitter slack , which run credibleness to his theme . describe that Twitter islaying off half of its entire staffFriday have do employees to call the day “ The Snap ” in reference to Thanos ’ famous dusting of one-half of all sentient life in the flick Avengers : Endgame . The company isalready being suedfor lay off staff without consecrate them the proper amount of posting .

Musk seems dire to find ways for Twitter to make more money . Even while he claims things like paid verification would no longer make users “ the product , ” give $ 8 for verification would only cut down on the number of advertizement substance abuser see , not the ads completely , at least according to Musk’sprevious statements on Twitter .

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