MicroStrategy’s Saylor hints at first Bitcoin purchase above $100K

December 16, 2024 Coin Telegraph

MicroStrategy’s Saylor hints at first Bitcoin purchase above 0K

MicroStrategy’s Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day.

Michael Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, hinted it bought more Bitcoin over the weekend — marking the firm’s first acquisition with an average purchase price of over $100,000.

In a Dec. 15 post to X, Saylor asked whether MicroStrategy’s Bitcoin (BTC) portfolio tracker SaylorTracker was “missing a green dot” — hinting the Bitcoin-stacking firm has purchased again.

Source: Michael Saylor

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Crypto Twitter: A dangerous source for financial advice?

November 4, 2024 Coin Telegraph

Coin Telegraph

In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market.

In the latest Cointelegraph video, we dive into the hidden dangers of seeking financial advice on X, formerly known as Twitter. While the platform serves as the heart of the crypto community, it also hosts rampant market manipulation and scams.

Through interviews with top crypto influencers and industry experts, the video examines how some high-profile accounts use their reach to influence prices in “pump-and-dump” schemes.

These influencers hype certain tokens, driving up prices to sell at a peak, often leaving regular investors holding near-worthless assets.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

AI memecoin millionaire Truth Terminal has sparked an AI boom in crypto

October 23, 2024 Coin Telegraph

Emerging developments in AI could provide the breakthrough that has been missing for cryptocurrencies.

It’s no secret that since 2022, nearly every industry has been exploring how to integrate artificial intelligence into their daily operations — and crypto is no exception.

But unlike most sectors, which are concerned with how AI may benefit them, crypto asks the reverse question: How can AI leverage blockchain to unlock new potential?

One of the most exciting intersections between artificial intelligence and crypto is the rise of autonomous AI agents. These agents are now using cryptocurrencies to enhance their capabilities, and they’re rapidly gaining momentum.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham

October 23, 2024 Coin Telegraph

Tesla likely still owns 0M in Bitcoin despite recent shuffle: Arkham

Arkham Intelligence

Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham's data suggests the assets are still under the firm's control.

Electric car manufacturer Tesla likely still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a blockchain analytics firm.

“We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla,” Arkham Intelligence said in an Oct. 22 X post.

Tesla split the 11,509 Bitcoin between seven wallets holding between 1,100 and 2,200 BTC on Oct. 15, Arkham noted. Wallet addresses “1Fnhp” and “1LERL” received the largest batches worth $142.2 million and $128.1 million, respectively.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

October 18, 2024 The Daily Hodl

Altcoins

The social media platform X account behind a new Ethereum (ETH) ‘restaking’ protocol has been compromised weeks after the token’s launch. According to PeckShieldAlert, the social media account belonging to EigenLayer (EIGEN) was hacked with a phishing link this morning. “EigenLayer X account has been compromised. Do*NOT* click the phishing link eligible-eigenfoundation[.]org” It is not […]

The post EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch appeared first on The Daily Hodl.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

X to be restored in Brazil in 24 hours, rules Justice Alexandre de Moraes

October 8, 2024 Coin Telegraph

Brazil

The ruling came after the social media platform settled a roughly $5.5 million fine in the South American country.

Social media platform X will return to operation in Brazil within 24 hours, according to an Oct. 8 ruling by Justice Alexandre de Moraes.

The platform was blocked on Aug. 30 for failing to comply with Brazilian court orders related to an investigation into the spread of misinformation in the country.

“I hereby order the end of the suspension and authorize the immediate resumption of activities by X Brasil Internet Ltda. within the national territory. I also instruct Anatel (National Telecommunications Agency) to take the necessary steps to implement this measure, with a report to this Supreme Court within 24 (twenty-four) hours,” the Justice wrote in his translated ruling.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Elon Musk’s X ban dispute with Brazil takes toll on local crypto community

September 30, 2024 Coin Telegraph

Brazil

Brazil’s ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.

Brazil’s ban on social media site X has hit the Brazilian crypto community hard, as many in the blockchain industry — from researchers to influencers, fundraisers, conference organizers and accelerators — use the site as a critical means of communication and promotion.

On Aug. 30, almost 22 million users were cut off from X in Brazil, when Brazilian Supreme Court Justice Alexandre de Moraes found X to be allowing and promoting misinformation related to former Brazilian President Jair Bolsonaro.

The ban has caused Elon Musk’s social media company to lose one of its biggest markets.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

OpenAI’s move to for-profit: Is it indeed ‘illegal’?

September 27, 2024 Coin Telegraph

OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

On Sept. 25, Reuters reported that ChatGPT developer OpenAI is working on a plan to restructure its core business from no-profit to for-profit.

The move has received controversial feedback from the community, with billionaire entrepreneur Elon Musk questioning the legality of such a business transformation.

Musk took to X on Sept. 26 to argue that one “can’t just convert a nonprofit into a for-profit,” adding that such a conversion is “illegal.” However, that’s not the case, according to several sources.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Elon Musk starts to comply with Brazilian court orders, suspends accounts on X

September 20, 2024 Coin Telegraph

Alexandre de Moraes

At least 11 accounts linked to the spread of misinformation in Brazil have been banned from X over the past few days as the platform begins complying with supreme court orders.

Following almost a month of being blocked in Brazil, Elon Musk’s social media platform, X, has taken action to comply with local regulations.

According to local media reports, X started suspending accounts accused of spreading misinformation on Sept. 18, as ordered by Justice Alexandre de Moraes. In addition to suspending the accounts, lawyers for X announced that a new legal representative will be appointed in the country soon.

According to Brazilian law, social media platforms operating in the country must have a legal representative.

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Crypto scammers orchestrate massive hack on X but barely made $8K

September 19, 2024 Coin Telegraph

Crypto scammers orchestrate massive hack on X but barely made K

Coin Telegraph

The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla.

An unknown group of crypto scammers has seemingly missed their payday after hacking their way into several high-profile social media accounts on Sept. 18 — only to end up with a few thousand bucks.

On Sept. 18, blockchain sleuth “ZachXBT” alerted the crypto community that several “large accounts on X” were compromised, all posting a Solana memecoin called HACKED.

Some of the infiltrated accounts included Lenovo India, Yahoo News UK, MoneyControl, Oliver Stone, People, and Krystal DeFi.

X

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