Ripple CTO Jokes He Made Elon Musk's Twitter Lose $40 Million, Here's What He Did

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Ripple CTO Jokes He Made Elon Musk's Twitter Lose $40 Million, Here's What He Did
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.Ripple CTO JoelKatz comments on elonmusk saying Twitter loses $40 million as two big advertisers leave

that they are free to publicly provide data that would contradict the Community Notes criticizing them. The Twitter boss did not reveal the names of these advertisers. He stated that this year, the social media platform is expected to bring in $3 billion in revenue. This is less than the $4.5 billion he expected if"2023 had been a normal year.

On May 16, several crypto influencers from three of the top blockchain platforms have shared their take on the recent upgrade introduced by prominent cold wallet producer Ledger. From now on, a new feature will enable users to recover their seed phrase by splitting it in parts and sending it in encrypted form to three different devices.

This news caused major concern in the crypto community as users are afraid now that hackers will be able to gain access to their seed phrases this way. In 2020, Ledger already faced a situation when the personal data of around 300,000 Ledger clients, including their phone numbers and physical addresses, were leaked to the internet for public access.

Prominent leaders of the top DLT platforms — Charles Hoskinson , David Schwartz and Anatoly Yakovenko have criticized Ledger's decision in their tweets recently.

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