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Crypto Biz: Twitter’s DOGE bet, Canada’s new crypto conglomerate, UK banking news

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Twitter CEO Elon Musk has made another marketing move to bridge the social media platform with the crypto community by switching its logo icon to the Shiba Inu dog — Dogecoin’s (DOGE) digital symbol. The move, however, seems to be more than just an engagement strategy. It comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit alleging the operation of a pyramid scheme to promote Dogecoin.

Whether intended or not, the new icon led to another surge in DOGE prices during the week.

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