Tweeting could now cost Brazilians nearly $9,000 a day, as Brazil’s Federal Police (the country’s FBI equivalent) has been authorized to investigate users who defied a nationwide ban on Elon Musk’s social network, X (formerly known as Twitter). The penalty for using X during the suspension is equivalent to nearly three years worth of salary for a minimum-wage earner. “I…
Bullish Bitcoin traders are making progress by attempting to retake the 200-day moving average, but a close above $66,000 could kickstart a rally to BTC’s all-time high. Source: https://cointelegraph.com/news/bitcoin-bulls-are-laying-the-path-to-66-k-but-will-they-make-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former Alameda Research CEO Caroline Ellison has been sentenced to two years in prison for defrauding investors of crypto exchange FTX and its sister firm. Judge Lewis Kaplan of the U.S. District Court of the Southern District of New York handed down the light sentence, citing Ellison’s strong cooperation as a witness against former FTX fraud ringleader Sam Bankman-Fried last…
On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court, saying, “I’ve seen a lot of cooperators in […] Source: https://news.bitcoin.com/ex-alameda-ceo-caroline-ellison-receives-24-month-sentence/
WIF staged a double-digit rally over the past week as memecoin traders piled into fresh positions. Source: https://cointelegraph.com/news/https-cms-cointelegraph-com-articles-3727?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment. Source: https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Iggy Azalea threw a party for her meme coin MOTHER in Singapore last Friday following two crypto conferences in the region, and it rapidly received backlash on Crypto Twitter due to the event being full of scantily-clad women. But the Australian rapper has clapped back at critics. “Crypto WILL have ass,” she proclaimed. On Friday, a crowd of Crypto Twitter…
Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the curve and is “in a little bit” of a panic mode, with a recession coming according to several technical indicators. Jim Rickards Warns About Coming […] Source: https://news.bitcoin.com/economist-jim-rickards-feds-narrative-is-wrong-recession-coming/
Ethan Mollick’s commentary sparked speculation from the cryptocurrency community. Source: https://cointelegraph.com/news/finance-traders-first-spot-superintelligent-ai-wharton-prof?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A post on a dark web forum claims to have leaked the personal data of 12.8 million Binance users, which purportedly includes sensitive information such as names, email addresses, phone numbers, birthdays, and physical addresses. But Binance says it’s a hoax. A user named “FireBear” on Monday claimed on a breach-related forum that they had obtained a database containing personal…
