Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Elon Musk: Tesla sold 10% of its bitcoin to show it's a good alternative to cash

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Elon Musk CEO Tesla

Tesla CEO Elon Musk declared on Tuesday that the electric vehicle maker had sold 10% of its bitcoin holdings to prove that it's a good substitute for cash.

He was responding to comments from the Barstool Sports founder Dave Portnoy, who questioned whether Tesla had profited from a bitcoin pump-and-dump scheme, a practice that encourages investors to boost the price of an asset-based on exaggerated statements.

Tesla disclosed on Monday that it had cashed out $272 million worth of digital assets in the first quarter of 2021, making more than $100 million in profit. The automaker's first-quarter earnings showed continued profitability as revenue rose 74% from the same period in 2020.

After the earnings report, Portnoy tweeted:

 Earlier this year, Portnoy said he would never buy bitcoin, but he's changed his stance and called himself a true believer in cryptocurrency.

On an earnings call with investors and analysts, Tesla's chief financial officer, Zachary Kirkhorn, said the company planned to continue adding bitcoin to its balance sheet from vehicle sales.

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