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Snowden goes after Bitcoin devs, Elon, and puppy killers in X flurry

His commentary touched on the zkSnacks shutdown, free speech, and the proper treatment of farm animals.

Edward Snowden, a former contractor for the United States National Security Agency accused of espionage after leaking classified information, had a busy day on the X social media app on May 2 when he seemed to have a modicum of vitriol for everyone from the current governor of South Dakota to the world’s richest person. 

Snowden, an outspoken whistleblower who lived in asylum in Russia until 2022, when he was granted full citizenship in the country, has risen to media prominence in the wake of his whistleblower incident. Currently, he holds celebrity status, especially among some technology-based communities and is well known for speaking out on topics he considers related to freedom and privacy.

Another celebrity technologist who’s known for speaking out on issues related to freedom, Elon Musk, was among those who drew the ire of Snowden during his May 2nd tirade. After Musk posted a poll asking whether someone who “tears down the American flag and puts up another flag in its place” should be deported to the country whose flag they raised, Snowden chastised the billionaire with a lesson on freedom of expression.

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India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

Crypto Biz: X payment system, Block moves into Bitcoin mining and more

This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.

Social media platform X is set to incorporate a wide range of financial services into its ecosystem. Christopher Stanley, X’s head of payments, compared the future functionality of the platform to the combination of Venmo and Apple Pay in an X post on April 22.

Meanwhile, Jack Dorsey’s financial technology conglomerate, Block, is advancing its cryptocurrency initiatives by developing a Bitcoin (BTC) mining ecosystem. The initiative targets key industry challenges, including the high demand for ASIC mining rigs.

On Wall Street, the New York Stock Exchange (NYSE) is exploring the possibility of transitioning to 24-hour trading, similar to the cryptocurrency markets. This change could increase liquidity for traders but also lead to increased volatility for retail investors.

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India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets

Tesla Maintains Bitcoin Holdings — Balance Sheet Shows 4 Million in Digital AssetsElon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745 million. Tesla Holding Onto Its Bitcoin Elon Musk’s electric car […]

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

X payments details released: App to become your bank account

X users should eventually be able to use the app’s anticipated payment features to send money to other users, buy things in stores, and even earn interest on their account holdings.

X users will one day be able to use the platform to send money to other users, purchase goods from stores, and even earn interest on the money in their accounts as one would do with a bank account, said the head of payments at X. 

In an April 22 post, X payments chief information security officer Christopher Stanley said the payment capabilities of X would go beyond “just tipping” and expand to include an in-app wallet capable of storing and sending money to any other X users.

“Think Venmo at first. Then, as things evolve, you can gain interest, buy products, eventually use it to buy things in stores (think Apple Pay),” said Stanley.

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India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

Elon Musk Backs DOGE for Tesla Payments — Says ‘Dogecoin to the Moon’

Elon Musk Backs DOGE for Tesla Payments — Says ‘Dogecoin to the Moon’Tesla and Spacex CEO Elon Musk has expressed that Tesla should enable dogecoin as a payment method for its vehicles “at some point.” He exclaimed, “Dogecoin to the moon,” as he explained his reason for backing the meme cryptocurrency. “Lots of rich people were supporting bitcoin … But people on the line [at Tesla and […]

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

Dogecoin Leaps Hours After Elon Musk Hints at Tesla Accepting DOGE Payments in the Future

Dogecoin Leaps Hours After Elon Musk Hints at Tesla Accepting DOGE Payments in the Future

Popular meme asset Dogecoin (DOGE) is rising after Tesla CEO Elon Musk hints that the electric car company may accept DOGE payments in the future. Speaking at Giga Berlin, a manufacturing plant for Tesla in Germany, the longtime Dogecoin proponent and billionaire was asked when Tesla would be accepting the dog-themed digital asset as payment […]

The post Dogecoin Leaps Hours After Elon Musk Hints at Tesla Accepting DOGE Payments in the Future appeared first on The Daily Hodl.

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says Arkham

On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says ArkhamCrypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” the firm detailed, stating: “We are the first to publicly identify these holdings on chain.” Bitcoin Holdings of Tesla and Spacex Crypto analytics firm […]

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

Tesla and SpaceX Currently Hold $1,340,000,000 in Bitcoin Across 96 Addresses, Says Blockchain Intelligence Firm

Tesla and SpaceX Currently Hold ,340,000,000 in Bitcoin Across 96 Addresses, Says Blockchain Intelligence Firm

New data reveals that two companies owned by billionaire Elon Musk hold over $1.3 billion worth of Bitcoin (BTC) across multiple addresses. According to blockchain analytics firm Arkham Intelligence, Tesla and SpaceX currently hold $1.34 billion worth of the top crypto asset by market cap across 96 combined wallet addresses. “Arkham has identified the BTC […]

The post Tesla and SpaceX Currently Hold $1,340,000,000 in Bitcoin Across 96 Addresses, Says Blockchain Intelligence Firm appeared first on The Daily Hodl.

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

Crypto Trader Says Dogecoin Has ‘Too Much Firepower,’ Could Skyrocket by Over 500% – But There’s a Catch

Crypto Trader Says Dogecoin Has ‘Too Much Firepower,’ Could Skyrocket by Over 500% – But There’s a Catch

A popular crypto trader believes dog-themed digital asset Dogecoin (DOGE) could skyrocket more than 6x the current value. The pseudonymous analyst known as Altcoin Sherpa tells his 209,800 followers on the social media platform X that DOGE could hit the $1 level with help from one of the memecoin’s biggest cheerleaders, billionaire Elon Musk. Musk’s […]

The post Crypto Trader Says Dogecoin Has ‘Too Much Firepower,’ Could Skyrocket by Over 500% – But There’s a Catch appeared first on The Daily Hodl.

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges