Money

Twitter introduced ANOTHER tick, but now the new feature is gone?

Published

3 years ago

November 10, 2022

If you saw a new feature on twitter, you weren’t imagining things, but don’t go searching – because now it’s gone

Twitter made changes to the blue tick verification system for the third time since Elon Musk took over as CEO two weeks ago.

It introduced a second, bigger tick.

Meet the ‘official label’

The label was designed to show the difference between Twitter Blue subscribers who gained their tick with their subscription, and “accounts that are verified as official”

Early stage products executive of the company, Esther Crawford, announced the move on twitter, saying “Accounts that will receive it include government accounts, commercial companies, major media outlets, publishers and some public figures”

A lot of folks have asked about how you'll be able to distinguish between @TwitterBlue subscribers with blue checkmarks and accounts that are verified as official, which is why we’re introducing the “Official" label to select accounts when we launch. pic.twitter.com/0p2Ae5nWpO
— Esther Crawford ✨ (@esthercrawford) November 8, 2022

The new Twitter Blue does not include ID verification – it’s an opt-in, paid subscription that offers a blue checkmark and access to select features. We’ll continue to experiment with ways to differentiate between account types.
— Esther Crawford ✨ (@esthercrawford) November 8, 2022

It never was for sale, but now it’s gone – with the whole idea now trashed as Elon Musk continues to make changes to the platform.

Crawford retweeted Musk’s tweet that ‘Twitter will do lots of dumb things in coming months’ following the failed official tick.

“The goal is to find the right mix” she told her 35.7K followers.

There are no sacred cows in product at Twitter anymore. Elon is willing to try lots of things — many will fail, some will succeed. The goal is to find the right mix of successful changes to ensure the long-term health and growth of the business. https://t.co/cMf27EmmpJ
— Esther Crawford ✨ (@esthercrawford) November 9, 2022

Related Topics:Elon Musk trending Twitter

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Bitcoin rises as a safe asset during shutdown

Bitcoin reaches near all-time high as investors seek safe havens amid US government shutdown

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Bitcoin reaches near all-time high as investors seek safe havens amid US government shutdown

In Short:
– Bitcoin nears all-time high amid U.S. government shutdown, trading at $123,685.87 on October 3rd.
– In South Korea, Bitcoin surpassed 170 million KRW, reaching 170.96 million KRW on October 3rd.

Bitcoin has reached near its all-time high during the U.S. government shutdown, establishing itself as a safe asset.

On October 3rd, at the U.S. cryptocurrency exchange Coinbase, Bitcoin traded at $123,685.87, closely approaching the record high of $124,290 set in August. This marks a 1.89% increase in just 24 hours and the first time in two months that Bitcoin has surpassed $123,000.In South Korea, Bitcoin’s value also surged, surpassing 170 million KRW for the first time on the night of October 2nd.

The price climbed to 170.96 million KRW at Bithumb on October 3rd, breaking the previous record of 169.90 million KRW from August 14th.

The surge in Bitcoin’s price is driven by increased interest in safe-haven assets amid the government shutdown. Since October 1st, 750,000 federal employees have been placed on unpaid leave, leading investors to consider alternative assets.

Jeff Kendrick of Standard Chartered remarked that the current market situation differs from the 2018-2019 shutdown, as Bitcoin now closely correlates with U.S. government risk.

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Forecasts suggest Bitcoin’s upward momentum will persist. Standard Chartered predicts Bitcoin could break its all-time high and reach $135,000. JP Morgan analysts foresee a potential rise to $165,000 by year-end.

Historically, October has been a bullish month for Bitcoin, coining the term ‘Uptober’ due to average returns of 20.63% over the last decade. Ethereum is also on the rise, trading around $4,500, contributing to a larger $4.12 trillion cryptocurrency market.