Elon Musk’s XChat Introduces Bitcoin-Style Encryption: A New Era for Secure Messaging
On July 30, 2025, Elon Musk unveiled XChat, a groundbreaking messaging feature on X (formerly Twitter), designed to revolutionize privacy and security in digital communication. The platform boasts end-to-end encryption, dubbed "Bitcoin-style" by Musk, alongside disappearing messages, file sharing, and support for voice and video calls. This innovative framework positions XChat as a formidable competitor in the messaging app arena, currently dominated by WhatsApp. Musk's emphasis on a fresh, cryptocurrency-inspired encryption method highlights the growing intersection between blockchain technology and everyday digital tools. As the crypto community watches closely, this development could further bolster Bitcoin's reputation as a pioneer in secure, decentralized systems. The launch underscores Musk's continued influence in shaping the future of technology and finance, with potential implications for broader adoption of blockchain-based security solutions.
Elon Musk Unveils XChat with Bitcoin-Style Encryption
Elon Musk has launched XChat, a new messaging feature on X (formerly Twitter), designed to prioritize privacy and security. The platform incorporates end-to-end encryption, disappearing messages, and support for file sharing alongside voice and video calls. Musk emphasized the novelty of the system, describing its encryption as "Bitcoin-style" and built on a fresh framework.
XChat enters a competitive landscape dominated by WhatsApp, Telegram, and Signal. Its integration of cryptocurrency-inspired security could appeal to users seeking alternatives with robust privacy guarantees. The MOVE signals Musk's continued interest in leveraging cryptographic principles beyond digital assets.
Metaplanet Expands Bitcoin Holdings in Strategic Crypto Move
Metaplanet, a Tokyo-based investment firm, has aggressively increased its Bitcoin exposure by acquiring an additional 1,088 BTC for $117.3 million, bringing its total holdings to 8,888 BTC valued at $933 million. The June 2 purchase was executed at an average price of $107,771 per Bitcoin, yielding a year-to-date ROI of 225.4%.
CEO Simon Gerovich revealed the company's cumulative bitcoin acquisition cost stands at $829.7 million, with an average portfolio entry price of $93,354. The announcement triggered a measurable uptick in Metaplanet's share price, signaling growing institutional confidence in crypto assets.
This strategic accumulation positions Metaplanet among corporate Bitcoin whales, potentially catalyzing further institutional adoption. The move underscores Bitcoin's evolving role as a treasury asset, with price resilience continuing to attract sophisticated investors despite market volatility.
MicroStrategy Signals Eighth Consecutive Bitcoin Purchase Amid Growing Institutional Demand
MicroStrategy co-founder Michael Saylor has telegraphed another imminent Bitcoin acquisition, extending the company's relentless accumulation strategy into an eighth consecutive week. The NASDAQ-listed firm now holds 580,250 BTC - worth approximately $20 billion in unrealized gains - cementing its position as the world's largest corporate Bitcoin holder.
The latest move comes as Saylor warns Bitcoin acquisition will become "exponentially harder" due to the collision of institutional adoption and fixed supply dynamics. This prediction gains credence as TRUMP Media announces plans for a $500 million Bitcoin treasury allocation, while startup Twenty-One aims to amass 42,000 BTC.
Criticism mounts regarding MicroStrategy's lack of proof-of-reserves audits, with industry observers questioning whether the company actually controls the Bitcoin it claims. Meanwhile, the firm's May 26 purchase of 4,020 BTC for $427 million demonstrates continued conviction despite Bitcoin's 50% appreciation since inception of its accumulation strategy.
Two Men Denied Bail in Manhattan Bitcoin Torture Case
William Duplessie, 32, and John Woeltz, 37, face serious charges including kidnapping, assault, and unlawful imprisonment in a harrowing case involving the torture of an Italian cryptocurrency investor. The victim endured 17 days of captivity in a Soho townhouse, subjected to brutal methods to extract Bitcoin wallet access.
Prosecutors detail a grim scene: electrical wires, forced cocaine use, and life-threatening intimidation tactics. The victim's escape on May 23—barefoot and bloodied—came after feigning cooperation with his captors. Law enforcement discovered weapons, body armor, and disturbing photographic evidence during their search.
Despite Woeltz's clean record and tech background, both defendants remain in custody without bail. This case underscores the dark intersection of cryptocurrency wealth and violent crime.
