Leaked Interview Reveals Elon Musk Confirming XCOIN Cryptocurrency for X Platform
By Jamie Leblanc, Kurtis Mathews, Ashley Conley
In a shocking development, a leaked audio recording with tech billionaire Elon Musk has surfaced where he confirms plans for a new cryptocurrency called "XCOIN" that will be integrated with the X platform (formerly Twitter).
Elon Musk (file photo)
X platform representatives have neither confirmed nor denied the authenticity of the leaked interview.
The 23-minute audio recording, obtained by CryptoNews from an anonymous source within X's engineering team, reveals Musk outlining his vision for what he calls "the currency of the internet."
Key Revelations from the Leak:
- XCOIN will be the native cryptocurrency of the X platform
- Integration planned for Q3 2025
- Will use a "hybrid" blockchain combining proof-of-stake and proof-of-work
- Expected integration with X subscription model
- Potential airdrop for early X platform adopters
"We're building XCOIN to be the digital currency that powers the everything app," Musk is heard saying in the recording. "It needs to be fast, scalable, and have near-zero transaction fees. This isn't just about payments - it's about creating an entire economic system."
Industry analysts are already speculating about the potential impact of XCOIN on the cryptocurrency market. "If this is real, it could be the most significant crypto development since Bitcoin," said Maria Chen, chief analyst at Blockchain Insights.
Technical Details Emerge
According to the leaked information, XCOIN will be built on a new blockchain called "XChain" that will prioritize speed and scalability. The cryptocurrency is expected to feature:
Transaction Speed
Capable of processing 50,000 transactions per second with sub-second confirmation times
Security
Combines proof-of-stake efficiency with periodic proof-of-work checkpoints
Governance
Decentralized autonomous organization (DAO) structure for community governance
Tokenomics
Fixed supply of 500 million XCOIN with 10% reserved for platform development
WARNING: Experts caution against buying any token claiming to be XCOIN until official announcement.
Legal experts are divided on whether the leak constitutes a securities violation. "If this was meant to be confidential corporate information, the SEC may have questions," noted securities attorney David Klein.
What's Next?
X platform has not yet officially commented on the leak. CryptoNews has reached out to X's communications team but has not received a response at the time of publication.
Industry observers suggest that if XCOIN is indeed in development, we might see:
Within 24 Hours
Official confirmation or denial from X platform
This Week
Possible SEC inquiry into the leak
Next Month
Potential testnet launch if project is real
Q3 2025
Possible mainnet launch and token distribution
Stay tuned to CryptoNews for updates on this developing story. We'll be refreshing this page as new information becomes available.
