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
SpaceX holds 8,285 BTC worth about $603 million and lost nearly $5 billion in 2025 due to its integration of xAI
SpaceX currently holds 8,285 bitcoins, worth approximately $603 million. Despite losses of nearly $5 billion due to its acquisition of xAI, it has not sold any bitcoins since mid-2024, remaining the fourth-largest holder of corporate bitcoin holdings.
GateNews19m ago
Last week, crypto exchanges saw a net outflow of 5,429.77 BTC.
Gate News message. On April 13, according to Coinglass data, the total Bitcoin balance across major crypto exchanges is 2,446,317.41 BTC. Over the past week (the last 7 days), major exchanges saw a cumulative net outflow of 5,429.77 BTC. Of these, one CEX had an inflow of 8,268.34 BTC, another CEX had an outflow of 6,437.76 BTC, and a third CEX had an outflow of 1,805.54 BTC.
GateNews22m ago
BTC OG Insider Whale agent ceasefire bearish
Garrett Jin, identified as the agent of “BTC OG Insider Whale,” called the U.S.-Iran ceasefire “poison wrapped in sugar” and said it made his principal even more bearish on markets. The comment, circulated via aggregator channels on April 12, 2026, argued that a two-week truce has no historical
CoincuInsights51m ago
Michael Saylor: A Bitcoin growth rate of just over 2.05% is enough to pay dividends indefinitely, without issuing additional MSTR shares
Gate News message, April 13, Strategy co-founder Michael Saylor posted on the X platform that the annualized breakeven return on Strategy’s Bitcoin holdings is about 2.05%. If Bitcoin’s long-term growth rate exceeds this level, Strategy can pay dividends indefinitely without issuing additional MSTR stock. Michael Saylor said that the relevant data can be tracked in real time on the company’s official website.
GateNews1h ago
