Elon Musk has again criticized Twitter for its spam accounts, this time with Binance chief Chanpeng Zhao chiming in on the problem….
Continue reading on https://decrypt.co/109042/elon-musk-says-90-twitter-comments-are-bots-binance-ceo-cz-agrees
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Twitter’s former head of security has blown the whistle on the social media platform, alleging that the company has big holes in its security practices and that it misled the US government and Elon Musk about its vulnerability….
Read More: Whistleblower Claims Twitter Lied About Bots to Elon Musk, CEO Agrawal Calls the Accusations ‘False Narrative’…
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Billionaire investor Mark Cuban took aim at SEC chair Gary Gensler, urging him to publish ‘bright line guidelines’ for crypto firms to follow….
Continue reading on https://decrypt.co/108019/mark-cuban-slams-sec-chair-genslers-stance-on-crypto
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The billionaire investor shared his view on Cardano’s lack of adoption, market caps, and Dogecoin on a recent podcast….
Continue reading on https://decrypt.co/107038/dogecoin-has-more-potential-applications-than-cardano-mark-cuban
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After Pat Toomey criticized the SEC, Cuban added: “Think this is bad? Wait till you see what they come up with for registration of tokens.”…
Continue reading on https://decrypt.co/105922/mark-cuban-sec-regulating-crypto-will-be-a-nightmare
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Elsewhere, Minecraft said it will prohibit NFT use on its servers in addition to banning NFTs that use the game’s assets….
Continue reading on https://decrypt.co/105834/this-week-on-crypto-twitter-michael-saylor-goads-elon-musk-for-teslas-bitcoin-dump
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The MicroStrategy CEO fired off a series of tweets seemingly aimed at Elon Musk, after his EV firm Tesla sold 75% of its Bitcoin holdings….
Continue reading on https://decrypt.co/105674/michael-saylor-takes-shot-at-elon-musk-on-twitter-over-teslas-936m-bitcoin-sale
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After spiking above the USD 24,000 level, bitcoin increased its volatility as Tesla said it sold 75% of its BTC holdings, or USD 936m worth of bitcoin, in the second quarter, in an attempt to raise cash.
However, Tesla’s chief Elon Musk stressed that “this should not be taken as some verdict on Bitcoin” as the company sold BTC as they “were uncertain as to when the COVID lockdowns in China would alleviate” and it was important for the company to maximize their cash position….
Read More: Bitcoin, Ethereum, Altcoins Follow Stocks Down Despite Elon Musk Is Open to Buy BTC Again After Selling 75% of Tesla’s Stash…
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During the latest earnings call, Musk said the move was to maximize Tesla’s cash position….
Continue reading on https://decrypt.co/105619/elon-musk-tesla-sold-its-bitcoin-because-of-covid-lockdowns-in-china-2
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Yet another week passed by. This time, we had Celsius Network enacting Chapter 11 bankruptcy protection and Elon Musk terminating his agreement to buy Twitter as the company vowed to fight back. Meanwhile, a panel said bitcoin could fall to USD 13,676 this year, some survey respondents said BTC is likely to fall to USD 10,000 before rising again. The crypto market fell ahead of a US inflation report for June, and while US inflation jumped more than expected, BTC and ETH fluctuated….
Read More: 11 Celsius, Bitcoin Forecasters, Hot Inflation, Threatened Three Arrows and 20 Crypto Jokes…
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