Elon Musk's Twitter Rebranding Sparks Controversy

Elon Musk has hinted at a major rebrand of Twitter, with plans to change the platform's logo to an "X" and potentially rename it as well. The rebrand could also involve a shift to a black color scheme and a new website URL. While some users are supportive of Musk's vision for an "everything app," the crypto community on Twitter has expressed resistance to the proposed changes, with some calling the decision "insane." Twitter's chief, Linda Yaccarino, has provided more clues about the rebrand, mentioning features such as unlimited interactivity, support for multiple media formats, and payments and banking capabilities. The rebrand comes as Twitter's advertising revenue has reportedly dropped by 50%.