Jane Manchun Wong, known for her investigations into the most used applications in order to reveal their upcoming functionalities, has just published her findings concerning the possibility of exchange currencies on Twitter. Soon a payment system for the blue bird social network?
A Twitter Coin soon?
Does the social network Twitter plan to launch its own cryptocurrency? Here is the question that many Internet users ask themselves since Elon Musk, CEO of Tesla now owner of the blue bird network, had mentioned the possibility of making payments directly on the platform last month.
And this hypothesis was today supported by a discovery by Jane Manchun Wong, a researcher known for having made many discoveries on the biggest applications like Facebook, Instagram, Snapchat, Airbnb or Google, and then revealing them publicly. Of course, these are upcoming features meant to remain secret.
Regarding the possibility of a Twitter Coin, the developer has shared a capture of what appears to be a possible bargaining chip on Twitter in one of the future versions of the app. For reasons still unknown, Jane Manchung Wong switched her account to “private” mode before deleting it altogether.
Screenshot of Jane Manchun Wong’s tweet, since deleted
Jane Manchun Wong had also shared a screenshot of the application’s application programming interface (API)revealing a “Coins” section in the tips section of Twitter.
However, since the section is empty beyond the header, it is currently impossible to know what type of coins it could be.
Twitter API capture by Jane Manchun Wong
Note also that after revealing a glimpse of what the cover of the future Twitter concealed, Jane Manchun Wong has deleted all of her social media and switched their GitHub account to private mode.
👉 Cryptoast Advent Calendar – Tons of crypto giveaways for Christmas
The all-in-one crypto app
0 fees for your 1st crypto purchase 🔥 (up to $1000)
Why a bargaining chip on Twitter?
On November 9, the New York Times informed us that the company Twitter had filed registration documents in order to acquire the ability to manage payments on the platform. The day before, Elon Musk mentioned the possibility of a money exchange system between platform users as well as an option to send funds from Twitter to a bank account.
This possibility, revealed during a Twitter Space, would be based on the “Twitter Blue” verification system, the latter requiring the authentication of individuals wishing to obtain this privileged status on the platform.
Otherwise, Elon Musk also mentioned a savings system directly integrated into the platformwhich would thus place Twitter as indirect competitor of Apple and its new yield system launched alongside its Apple Card.
True to the news surrounding Elon Musk and therefore now Twitter, Dogecoin (DOGE) reacted positively to these revelations, showing an increase of just over 8% over one hour. DOGE currently trades at $0.1 and retains its 8th place by market capitalization of all cryptocurrencies.
Dogecoin price for the day
👉 To read also – The payment giant Stripe is advancing a little more in Web3
Order our Book to understand everything about cryptos
Published by Editions Larousse
Source: Trading View
Newsletter 🍞
Receive a summary of crypto news every Monday by email 👌
What you need to know about affiliate links. This page presents assets, products or services relating to investments. Some links in this article are affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no impact on you and you can even get a bonus by using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky in nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not ready to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.
Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
494 items
