#development

The company has started the process of obtaining state licenses for regulation and development of software for the integration of embedded payments. Earlier, Elon Musk said that Twitter should be transformed into an "everything app" with messaging, payments, and commercial functions. According to these plans, the company registered with the US Treasury as a payment processor in November 2022. Per Musk's wishes, the payment system is initially designed for fiat. While its structure will provide for future cryptocurrency features. Mask's favorite, Dogecoin, reacts violently to the news. Investors, just in case, pumped the MASK token (why would anyone invest in bitcoin, after all).

Aptos development team wallet transferred over 1 million APT (~$20 million) from the main wallet to the Binance exchange. More than 1/3 of the total APT supply ($985 million) remains in the wallet. If these coins will hit the market, the APT price may undergo a significant correction. Although APT attracted a lot of attention with a sharp price increase of more than 450% in a month, one should always keep in mind the project is too centralized: 97% of the total supply is held by only 20 wallets. Thus, the price can be easily manipulated.

One of America's largest hedge funds, Elliott Management, has made a multibillion-dollar investment in software giant Salesforce. "We look forward to working constructively with Salesforce to realize the value befitting a company of its stature," said Elliott Managing Partner Jesse Cohn, who has previously served on the boards of such companies as Citrix, eBay Inc., and Twitter. Last year, Salesforce announced the launch of its NFT Cloud platform. In 2019, the developer marketed its own blockchain development tool.

The Stellar Development Foundation has announced that it joins an advisory committee of the U.S. Commodity Futures Trading Commission. Blockchain company Stellar will join representatives of traditional financial markets such as J.P. Morgan, Goldman Sachs, and BlackRock and get a say in institutional-level issues. SDF representatives noted that they will primarily focus on the use of Layer 1 protocols in government agencies and bank transfers in stablecoins.