Some Bank of America customers seeing $0 balances noted that their debt is “conveniently” still showing up. Source: https://cointelegraph.com/news/thousands-of-bank-america-customers-report-network-outages?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Ripple CEO on SEC appeal: ‘We’ll fight in court for as long as we need’
Ripple CEO Brad Garlinghouse vowed to fight the SEC’s new appeal in a case one lawyer suggests could be dragged into early 2026. Source: https://cointelegraph.com/news/ripple-ceo-fight-sec-appeal-long-as-we-need?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
India Cracks Down on $48M Crypto Fraud in Fiewin Gaming App With Binance Help
India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts tied to these individuals. The scam lured users with quick earning schemes but blocked fund withdrawals. The investigation also […] Source: https://news.bitcoin.com/india-cracks-down-on-48m-crypto-fraud-in-fiewin-gaming-app-with-binance-help/
Tron Network posts record $577M revenue in Q3
The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market. Source: https://cointelegraph.com/news/tron-clocks-record-quarter-577-million-in-revenue-in-q3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kalshi Revives US Election-Based Betting for Americans Following Court Freeze
Kalshi has relaunched its betting pools based on U.S. election outcomes—the latest development in a convoluted legal drama that wreaked havoc on the prediction market operator’s business strategy last month. A federal appeals court on Wednesday lifted a weeks-long freeze on Kalshi’s U.S. elections-based prediction markets. Kalshi briefly launched prediction markets based on the U.S. elections on September 12. However,…
Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities
Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Durov stressed that this is a longstanding policy, ensuring compliance without compromising the […] Source: https://news.bitcoin.com/pavel-durov-reveals-telegram-has-been-disclosing-data-to-authorities/
North Carolina Bitcoiners set up Hurricane search and rescue operation
The Bitcoiners will focus on the “overlooked” communities in western North Carolina that have received little to no state or federal support and remain cut off from life-saving supplies. Source: https://cointelegraph.com/news/north-carolina-bitcoiners-organize-hurricane-search-rescue-operation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Edward Snowden Slams Solana Over ‘Centralization’—And SOL Devs Are Pushing Back
Solana’s community sought to defend itself Wednesday after clips circulating on Twitter (aka X) amplified criticism from the former American intelligence contractor and whistleblower Edward Snowden, casting some shade on the speedy layer-1 network. “A lot of people—and I don’t want to name names, but Solana—are taking good ideas and they’re just going, ‘Well, what if we just centralized everything?…
Vivek Ramaswamy Calls to End Federal Bureaucracy: ‘We Have Too Many Laws’
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that reducing bureaucratic power will drive prosperity, quoting key political figures and citing the success of airline deregulation as proof of his argument. […] Source: https://news.bitcoin.com/vivek-ramaswamy-calls-to-end-federal-bureaucracy-we-have-too-many-laws/
SEC Appeals Ripple Case, Citing Errors in Final Judgment
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges Ripple Labs Ruling in U.S. Court of Appeals On […] Source: https://news.bitcoin.com/sec-appeals-ripple-case-citing-errors-in-final-judgment/