Yesterday, the United States Commodity Futures Trading Commissions (CFTC) filed charges against BitMEX and its executive team, pressing both criminal and civil allegations. Its CTO, Samuel Reed, was arrested. The platform’s CEO, Arthur Hayes, and its cofounder Ben Melo are still under the radar. The news spread quickly throughout Crypto Twitter, and of course, the...Read More
Twitter CEO Jack Dorsey has openly criticized Coinbase CEO Brian Armstrong following a recent controversial post urging employees of the exchange to steer clear from political discussions. Dorsey, however, believes that the whole purpose of the cryptocurrency field is social activism. Armstrong Highlights The Coinbase Core Mission In a post shared over the weekend, Armstrong...Read More
Twitter continues to experience technical issues trying to protect high-profile accounts as the social media giant has confirmed another hack. This time, it involved India’s Prime Minister Narendra Modi. Upon taking over the account, the perpetrators had requested donations in Bitcoin and other cryptocurrencies. Twitter Hacks – The Indian Edition Less than two months ago,...Read More
Following the latest developments and price movements from Ethereum, the second-largest cryptocurrency by market cap has seen its weighted social sentiment turn significantly more positive to reach a fresh all-time high. Twitter Loves Ethereum According to data from the popular analytics company Santiment, Ethereum’s so-called weighted social sentiment has been increasing in positivity lately. Essentially,...Read More
The latest twist regarding the notorious Twitter hack from July indicated that the 17-year old alleged mastermind of the entire operation owns over $3 million worth of Bitcoin. Graham Ivan Clark faces 30 criminal charges, and his bail was set at $725,000. Twitter Hacker Owns $3.3M Worth Of BTC As CryptoPotato reported in mid-July, unknown...Read More
After the infamous Twitter hack in mid-July, the social media giant has published a new update on its investigation, informing that the perpetrators successfully targeted a small number of employees through a phone spear-phishing attack. Phishing Attack Caused The Twitter Hack Following the blatant attack on its network, Twitter has been quite transparent in its...Read More
On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools. A scam was posted requesting Bitcoin to get double the returns. The news went global, and...Read More
The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150. However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe. Twitter Hack And Bitcoin After the blatant Twitter hack earlier this week,...Read More
Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm. The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin. Bitcoin Chills On Friday The largest cryptocurrency by market cap has been...Read More
During the past seven days, Bitcoin failed to surprise us with anything in terms of price action. It appears that the cryptocurrency continues with its somewhat dormant state as it remained stagnant and rangebound between $9,000 and $9,200. Yesterday, BTC’s price dropped from slightly above $9,200 to around $9,040, sparking worries that things might take...Read More
Wednesday, July 15th, 2020, will forever be remembered as the day Twiter became a puppet in the hands of a mischievous hacker. Twitter was hacked. And the accounts of some of the most prominent people in crypto and the world were compromised and used to steal Bitcoin in giveaway scams. Experts Share Their Opinions Although...Read More
With a bit of delay following the Twitter hack, Bitcoin finally sees a slight movement downwards to $9,100. Interestingly, this time the three major US stock market indexes decrease in value with a similar percentage. The situation appears much more favorable in the low-cap altcoin market, as massive gainers include Aurora, Ampleforth, and Algorand. Bitcoin...Read More
In an effort to find a temp solution to deal with yesterday’s attack, Twitter has apparently made it impossible for users to post Tweets containing strings of letters and numbers in order to avoid any scam “giveaway” from sharing their cryptocurrency wallet addresses. Something Went Wrong: Twitter Blocks Wallet Addresses Indeed, when I tried to...Read More
Yesterday’s fake Bitcoin giveaway scam on Twitter unleashed a series of events and comments from prominent figures. While some spoke against the popular social media platform, others against BTC, a US Congressman stood behind the primary cryptocurrency and blamed it on “centralized control.” US Congressman: Bitcoin Isn’t The Problem As yesterday’s Twitter hack, which unfolded...Read More
It’s not often the tech, crypto, political, and celebrity worlds converge, but that’s exactly what happened on July 15 after a bitcoin giveaway scam replicated across dozens of major Twitter accounts. From billionaires to entrepreneurs, and from crypto traders to exchanges, high-profile accounts of all kinds were targeted in an audacious hack that’s left Twitter...Read More
The news broke yesterday on the Twitter scam that targeted some of the biggest accounts in the cryptocurrency industry. It turns out that the crypto field was not the target, but Bitcoin was the preferred means of payment for the hackers. As CryptoPotato reported, multiple accounts were hacked with a message promising that if users sent...Read More
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication, the cryptocurrency market capitalization...Read More
Popular media outlet ZeroHedge got its Twitter account suspended back on January 31st for publishing an article questioning the origin of the novel coronavirus (COVID-19). A bit more than four months after that, the social media lifted the ban. However, just two days later, Twitter appears to continue flagging the media’s content as “potentially harmful,”...Read More
The latest debacle of social media giant Twitter flagging tweets of the US President Donald J. Trump resulted in the draft of an executive order on Preventing Online Censorship. If anything, this highlights one of the core principles behind Bitcoin’s technology – censorship resistance. Twitter Flagging President Trump’s Tweets The riots in Minnesota’s largest city,...Read More
The Square Cash app owned by Twitter CEO Jack Dorsey will go to great lengths to smooth the onboarding process for its Bitcoin users. When a Cash app user sent 12 different transactions worth $1 each, the app covered the $6 fees required to get his transaction included in the next block – each time....Read More
Jack Dorsey’s flirtation with bitcoin is becoming a full-on affair – but the Twitter CEO is love-blind if he can’t see bitcoin’s blemishes. The post Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency appeared first on CCN.com The post appeared first on CCNRead More
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly funding from the federal government. Also read: Minting Basic Income – US...Read More
The pro-Bitcoin current Twitter CEO, Jack Dorsey, will remain at his position after a $2 billion deal. The news came just a few weeks after the founder of Elliott Management Corp, Paul Singer was reported to replacing him. Jack Dorsey Stays As Twitter CEO At the end of February, reports informed that Elliott Management had...Read More
Revolutionary technologies are inherently controversial. This was proven true just this week when the CEO of Ripple Labs, Brad Garlinghouse, bashed Bitcoin and Ethereum in a direct tweet, sparking discourse. The reason? Garlinghouse thinks that the cryptocurrencies’ mining mechanism, which sees miners contribute computational resources to secure the blockchain, is wasteful and a threat to...Read More
Digital currency influencers have started an auction to raise money for Ross Ulbricht who is serving a double life sentence for his involvement with Silk Road. There are lots of unique items for auction including artwork, physical coins, and other collectibles. Additionally, the crypto community has been discussing a bet analyst Ronnie Moas made with...Read More
Cryptocurrency-related trends on Twitter are not an official market indicator. However, it would appear that #bitcoin has been trending in South Africa over the past 48 hours. It is always interesting to see bitcoin trend on social media. South Africa Goes Crazy Over Bitcoin When this happens on Twitter, it is often to find the...Read More
On Monday morning, a discussion began to erupt on Crypto Twitter regarding a potential Youtube blackout of industry channels. First, only a few channels were purportedly affected; Canadian Bitcoin educator “BTCSessions” and pro-crypto finance Youtube channel Chris Dunn reported that a number of their videos were taken down due to “harmful and dangerous” content.At first,...Read More
Identical spelling mistakes reveal use of fake accounts to boost Twitter profile of Binance, and its CEO, Changpeng Zhao. Three separate accounts used identical phraseology when prasing the Binance cryptocurrency exchange. Twitter has attempted- and failed – to crack down on bot accounts in the past. The founder and CEO of Binance was exposed in...Read More
Twitter and Square CEO, Jack Dorsey, has just announced that Twitter is funding a small independent team to develop an open and decentralised social media standard. The ultimate aim is for Twitter to then be a client of this new standard. Dorsey Brave New World Dorsey described the plans in a tweet thread earlier this morning, and...Read More
Twitter’s Jack Dorsey says the world would be better served by an autonomous open-source currency like bitcoin rather than centralized projects owned by companies. No Chance of a ‘Twitter Cryptocurrency’ Speaking to The Sydney Morning Herald, the Twitter founder declared that he had no intention of creating a Twitter cryptocurrency. Commenting on the matter, Dorsey...Read More
