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Home»Bitcoin»Elon Musk Announces XChat With Bitcoin-Like Encryption, BTC Trades Near $105K
Bitcoin

Elon Musk Announces XChat With Bitcoin-Like Encryption, BTC Trades Near $105K

June 2, 2025No Comments13 Mins Read
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Elon Musk, the tech billionaire and CEO of X (formerly Twitter), recently announced the launch of a new messaging app called XChat. The app boasts features such as end-to-end encryption, disappearing messages, and the ability to send various file types without the need for a phone number. However, the app’s use of a programming language called Rust with Bitcoin-style encryption has raised eyebrows in the crypto community.

Bitcoin, the leading cryptocurrency by market value, has a unique signature-based transaction system rather than traditional encryption. This has led experts like Ian Miers, Assistant Professor of Computer Science at the University of Maryland, to express skepticism about the app’s encryption claims. Miers pointed out that Bitcoin transactions are signed, not encrypted, and all data shared between Bitcoin nodes is unencrypted.

Miers further emphasized that terms like “Bitcoin style” and “Rust” do not necessarily indicate a strong encryption scheme for a messaging app. He raised concerns about the security implications of using Rust for encryption and questioned whether encrypted direct messages are only within the app or if they extend beyond the Rust framework.

Despite Musk’s reputation as a tech innovator, the launch of XChat has not been well-received by the crypto community. The app’s encryption claims have been met with skepticism and doubts about its overall security. Additionally, the app’s use of terms like “Bitcoin-style encryption” has raised questions about the technical understanding behind the messaging platform.

While XChat may offer some unique features for users looking for secure messaging options, its encryption claims and choice of programming language have left many in the tech and crypto communities unimpressed. As the app continues to gain traction, it remains to be seen whether Musk and X can address these concerns and provide a messaging platform that meets the high standards of security and privacy expected in the digital age. Bullish group, majority-owned by Block.one, is a prominent player in the blockchain and digital asset space. With significant holdings of digital assets, including bitcoin, both companies have interests in various blockchain projects and businesses.

One of Bullish group’s subsidiaries is CoinDesk, which operates as an independent entity. To ensure journalistic integrity, an editorial committee has been formed, chaired by a former editor-in-chief of The Wall Street Journal.

CoinDesk is a leader in cryptocurrency news, providing analysis, videos, and live price updates for cryptocurrencies like Bitcoin, Ethereum, XRP, and more. The platform also offers market cap data, top-traded assets, gainers, losers, and other valuable information for investors and enthusiasts.

With a focus on transparency and accuracy, CoinDesk aims to be a trusted source for crypto-related news and information. The editorial committee oversees the publication’s content to maintain high standards of journalism and ethics.

As part of its commitment to the community, CoinDesk also provides resources for developers, including documentation for its crypto API. This allows developers to access data and build applications using CoinDesk’s platform.

Overall, Bullish group and its subsidiary CoinDesk play a crucial role in the cryptocurrency industry, providing valuable insights and information for investors, traders, and enthusiasts alike. With a focus on integrity and transparency, they aim to be a trusted source in the ever-evolving world of digital assets. CoinDesk is a leading news source in the digital asset industry, known for its commitment to integrity, editorial independence, and freedom from bias. As part of the Bullish group, which owns and invests in digital asset businesses and assets, CoinDesk adheres to a strict set of editorial policies to ensure the highest standards of journalism.

One of the key principles that CoinDesk follows is transparency. The publication is open about its relationship with the Bullish group and discloses that employees, including journalists, may receive equity-based compensation. This transparency helps to maintain the trust of readers and ensures that any potential conflicts of interest are disclosed.

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In addition to transparency, CoinDesk is dedicated to editorial independence. Journalists are encouraged to report on stories objectively and without bias, regardless of any potential financial interests that may exist. This commitment to independence ensures that readers can trust the information they receive from CoinDesk to be accurate and unbiased.

Furthermore, CoinDesk is committed to upholding the highest ethical standards in its reporting. Journalists are expected to adhere to a strict code of conduct, which includes guidelines on accuracy, fairness, and respect for sources. By following these ethical guidelines, CoinDesk ensures that its reporting is reliable and trustworthy.

Overall, CoinDesk’s dedication to integrity, editorial independence, and ethical journalism sets it apart as a trusted source of news in the digital asset industry. By following a strict set of editorial policies, CoinDesk provides readers with accurate, unbiased, and reliable information on the latest developments in the world of digital assets. The Benefits of Regular Exercise

Regular exercise is crucial for maintaining overall health and well-being. It has numerous physical, mental, and emotional benefits that can improve your quality of life in many ways.

One of the most obvious benefits of regular exercise is improved physical fitness. Engaging in physical activity on a regular basis helps to build strength, endurance, and flexibility. This can help you to perform daily tasks more easily and reduce your risk of injury. Regular exercise also helps to maintain a healthy weight, which can reduce your risk of developing chronic conditions such as heart disease, diabetes, and obesity.

In addition to the physical benefits, exercise also has a positive impact on mental health. Physical activity has been shown to reduce symptoms of depression and anxiety, improve mood, and boost overall mental well-being. Exercise releases endorphins, which are chemicals in the brain that act as natural painkillers and mood elevators. This can help to reduce feelings of stress and improve your overall mental health.

Regular exercise can also improve cognitive function and memory. Physical activity has been shown to increase blood flow to the brain, which can improve brain function and reduce the risk of cognitive decline as you age. Exercise has also been linked to improved focus, attention, and productivity, making it a great way to boost your mental performance.

In addition to the physical and mental benefits, regular exercise can also have a positive impact on emotional well-being. Exercise can help to boost self-esteem and confidence, as well as improve body image. Engaging in physical activity can also provide a sense of accomplishment and satisfaction, which can improve your overall sense of well-being.

Overall, regular exercise is essential for maintaining good health and well-being. Whether you prefer to hit the gym, go for a run, or take a yoga class, finding a form of exercise that you enjoy and incorporating it into your routine can have a positive impact on all aspects of your life. So get moving and start reaping the many benefits of regular exercise today! the perspective of a travel blogger who recently visited a remote island in the Pacific Ocean.

Title: Exploring the Hidden Gem of the Pacific: A Traveler’s Guide to [Island Name]

As a travel blogger always on the lookout for hidden gems off the beaten path, I recently had the opportunity to visit [Island Name], a remote island in the Pacific Ocean that left me in awe of its natural beauty and untouched charm.

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Getting to [Island Name] was an adventure in itself, requiring a long journey by boat or small plane from the nearest major city. But as soon as I arrived, I knew it was worth every minute of travel. The island’s rugged coastline, pristine beaches, and lush jungles immediately captured my heart.

One of the first things that struck me about [Island Name] was its sense of isolation. With only a handful of small villages scattered across the island, it felt like I had stepped back in time to a place untouched by modern development. The locals were warm and welcoming, eager to share their culture and way of life with visitors.

Exploring the island on foot or by bike was a delight, with hidden waterfalls, secret coves, and panoramic viewpoints around every corner. The hiking trails meandered through dense forests teeming with exotic wildlife, and I was constantly amazed by the vibrant colors and sounds of the tropical birds and butterflies that called the island home.

One of the highlights of my trip was a boat tour around the island, where I had the chance to snorkel in crystal-clear waters teeming with colorful fish and coral reefs. I also had the opportunity to witness a traditional fishing demonstration by local fishermen, who still use age-old techniques passed down through generations.

In the evenings, I was treated to unforgettable sunsets that painted the sky in shades of pink, orange, and purple. Sitting on the beach with a cold drink in hand, watching the sun dip below the horizon, I felt a sense of peace and tranquility that is hard to find in our fast-paced world.

Overall, my experience on [Island Name] was nothing short of magical. From its stunning natural beauty to its welcoming locals and rich cultural heritage, this hidden gem of the Pacific is a must-visit for any traveler looking to escape the crowds and reconnect with nature.

Whether you’re an adventure seeker, a nature lover, or simply looking for a quiet retreat away from the hustle and bustle of everyday life, [Island Name] has something to offer everyone. So pack your bags, book your ticket, and prepare to be amazed by the beauty of this remote paradise in the Pacific Ocean. Over the past few decades, there has been a growing interest in sustainable living and reducing our carbon footprint. One of the key ways individuals can make a positive impact on the environment is by adopting a zero waste lifestyle.

A zero waste lifestyle is a philosophy that aims to minimize the amount of waste we produce and send to landfills. This means rethinking the way we consume products, reducing single-use items, and recycling and composting as much as possible.

One of the first steps to living a zero waste lifestyle is to reduce the amount of waste we create in the first place. This can be achieved by choosing products with minimal packaging, buying in bulk, and opting for reusable items such as water bottles, shopping bags, and containers.

Another key aspect of zero waste living is recycling and composting. By properly sorting our waste and recycling materials such as paper, glass, and plastic, we can divert a significant amount of waste from landfills. Composting organic materials like food scraps and yard waste can also help reduce methane emissions and create nutrient-rich soil for gardening.

In addition to reducing waste and recycling, a zero waste lifestyle also involves reusing items whenever possible. This can be as simple as repairing broken items instead of throwing them away, or donating unwanted items to charity instead of tossing them in the trash.

Overall, adopting a zero waste lifestyle can have a positive impact on the environment by reducing our carbon footprint and conserving resources. While it may require some initial effort and adjustment, the long-term benefits are well worth it. By making small changes in our daily habits and choices, we can all work towards a more sustainable future for generations to come. the perspective of a travel blogger about the top 5 must-visit destinations in Europe for 2021.

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As travel restrictions begin to ease and borders reopen, the allure of exploring the beauty of Europe has never been stronger. From charming cities to breathtaking landscapes, Europe offers a diverse array of destinations that cater to every type of traveler. As a travel blogger, I have compiled a list of the top 5 must-visit destinations in Europe for 2021 that are sure to leave you awe-inspired and wanting more.

1. Santorini, Greece
Known for its stunning white-washed buildings perched on the cliffs overlooking the crystal-clear waters of the Aegean Sea, Santorini is a dream destination for many travelers. The island is famous for its romantic sunsets, picturesque villages, and delicious Mediterranean cuisine. Whether you’re looking to relax on the black sand beaches or explore the historic ruins of Ancient Thera, Santorini has something to offer for everyone.

2. Dubrovnik, Croatia
Dubrovnik, also known as the “Pearl of the Adriatic,” is a UNESCO World Heritage site that boasts a rich history, stunning architecture, and breathtaking views of the Adriatic Sea. The city’s well-preserved medieval walls offer panoramic vistas of the red-roofed buildings and turquoise waters below. Visitors can explore the charming Old Town, walk along the city walls, or take a boat trip to the nearby islands for a truly unforgettable experience.

3. Edinburgh, Scotland
Edinburgh, the capital city of Scotland, is a vibrant and historic destination that seamlessly blends old-world charm with modern amenities. From the iconic Edinburgh Castle perched atop an extinct volcano to the bustling Royal Mile lined with shops and restaurants, there is no shortage of things to see and do in this enchanting city. Visitors can also explore the stunning landscapes of the Scottish Highlands, visit the historic Holyrood Palace, or attend the famous Edinburgh Festival Fringe for a truly immersive experience.

4. Barcelona, Spain
Barcelona is a vibrant and cosmopolitan city that offers a perfect mix of culture, history, and beach life. From the iconic architecture of Antoni Gaudí to the bustling markets of La Boqueria, there is no shortage of things to see and do in this bustling city. Visitors can explore the Gothic Quarter, relax on the sandy beaches of Barceloneta, or sample the delicious tapas and paella that the city is famous for.

5. Reykjavik, Iceland
Reykjavik, the capital city of Iceland, is a quirky and charming destination that offers a unique blend of natural beauty and urban culture. From the iconic Hallgrimskirkja church to the colorful houses of the Old Harbour, there is plenty to see and do in this compact city. Visitors can also explore the stunning landscapes of the Golden Circle, soak in the geothermal waters of the Blue Lagoon, or chase the elusive Northern Lights for a truly unforgettable experience.

In conclusion, Europe is a continent that offers a diverse array of destinations that cater to every type of traveler. Whether you’re looking to relax on the beaches of Santorini, explore the historic streets of Dubrovnik, or immerse yourself in the culture of Barcelona, there is something for everyone in Europe. So pack your bags, grab your camera, and get ready to embark on the adventure of a lifetime in one of these top 5 must-visit destinations in Europe for 2021.

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