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X, previously known as Twitter, has successfully obtained the Rhode Island Currency Transmitter License, enabling it to offer cryptocurrency payments and trading services in the U.S.
This acquisition, confirmed on August 28 via NMLS data, aligns with X's ambition to be a "cryptocurrency-friendly" platform.
Earlier, X had integrated features like Bitcoin tipping and NFT profile picture support. With this license, users might soon be able to send, receive, and store crypto directly on X, further mainstreaming cryptocurrency use.
As per BitInfoCharts, the wallet address bc1q…859v2 received its initial deposit of BTC on March 8. Over the following three and a half months, it amassed 118,000 BTC (nearly $3.1 billion). Speculations quickly spread across X (Twitter), suggesting it might be BlackRock strategically increasing its BTC holdings. However, the wallet belongs to the US-based exchange Gemini. It transferred its funds from an older wallet, which was also among the top BTC holders nearly a year ago. The current top three wallets are as follows: Binance cold wallet — 248,597 BTC.
Bitfinex cold wallet — 178,010 BTC.
Gemini new wallet — 118,300 BTC.
Yesterday on Twitter, Elon Musk confessed that his call-out for a fistfight was just a jest that, evidently, went a bit too far.
Musk mentioned that after suggesting a face-off with Mark at the Colosseum, Zuckerberg shot down the idea without batting an eye, citing he was "traveling."
"Is there anywhere he will fight?" Musk tweeted.
Meanwhile, Zuckerberg voiced his frustrations on Threads, implying Musk isn't serious about the showdown, citing some impending surgery and being elusive about confirming a final date.
"I'm going to focus on competing with people who take the sport seriously," Zuckerberg writes.
Such spectacles would even make Cirque du Soleil green with envy.
Following a probe by the Twitter user OnchainPenguin, a dubious $9.5 million transaction was tied to a fresh acquisition proposal.
The inflow to Hodlnaut's wallet was 2221 times higher than the average. Insights from OnchainPenguin pinpoint this account as the source of rewards to OPNX’s leadership.
It seems that Hodlnaut's funds were in some way supporting OPNX's functional outlays,and the trading platform's chiefs might be on a mission to save the virtual currencies FLEX and OX. There's a looming risk that these tokens could nosedive in value if Hodlnaut opts to liquidate its possessions to repay its lenders.
The CEO of Binance has repeatedly aired his distrust of USDT, dubbing it a "black box" due to its lack of transparency in audits and reports.
Also, Binance listed a new stablecoin, FDUSD, on July 26th, that has seen a rapid rise in capitalization. They are in the process of designing their own algorithmic stablecoin and are open to listing more USDT equivalents on their exchange.
Meanwhile, Tether's CTO has hinted at CZ's involvement in market manipulation in the stablecoin sector, mentioning a 10 basis point USDT depeg on July 28th.
"Isn't it interesting that USDt is being pressured down (slightly, within 10bps, just to push market makers to react), and USDc, the main competitor that you would expect being gaining from the situation, is redeemed heavily nevertheless, while suddenly a competitor born 2 days ago is getting it all? Exactly! It feels definitely organic and not manipulative at all. Some people never learn."
For the record, the Twitter account of First Digital Labs (FDUSD) has a mere 585 followers.
It's intriguing to watch the outcome of this power struggle. Is this just the tip of the iceberg?
Fingers crossed, this won't escalate into a challenge for a bout in the octagon, as seems to be a popular move among billionaires...
US President caused a buzz in the crypto world with a recent Twitter post featuring him sporting laser eyes.
This sparked discussions about a potential connection to Bitcoin, as red 'laser eyes' are a popular modification used by crypto enthusiasts in their profile pictures.
What do you think? Is Joe Biden a secret crypto enthusiast?
The hacker shared a link for a supposed free NFT giveaway from Consensys, tricking users into connecting their wallets and subsequently stealing all their NFTs. According to ZachXBT, the incident led to losses of over $691,000. Speculations suggest it might be related to a SIM card swap. Shortly after the breach, Buterin's father wrote:
“Disregard this post, apparently Vitalik has been hacked. He is working on restoring access.”
In a recent tweet, the Friend․tech team opened up about their awareness of potential rivals and clones entering the market.In response, they shared a cautionary post on X (Twitter): “...users moving to forks and copies will automatically opt out of earning Points and forfeit existing points. They will be able to use the app normally.”
Social app friend.tech has recorded protocol fees amounting to more than $1.42 million within the past 24 hours, positioning it among the top three crypto projects in terms of user-paid fees. It now stands as the third-highest project for user-paid fees, following Ethereum and Lido Finance, according to data from DeFiLlama. Built on Coinbase’s Base Layer 2 chain, friend.tech is a social app that integrates with X (Twitter). It allows users to trade tokenized shares linked to each other’s profiles. Shareholders enjoy exclusive content access and private chat rooms in X.
Jesse Pollak, Coinbase protocols lead, has clarified the "permissionless" nature of Coinbase’s Layer 2 blockchain, Base, on X (formerly Twitter).
Responding to Gnosis founder Martin Köppelmann's concerns about Base’s centralization, Pollak emphasized that Coinbase doesn't have unilateral control over contracts or the ability to freeze funds on the network.
Despite being the sole operator of Base's sequencer, Pollak insists that the platform aims to be open, permissionless, and decentralized.
The world's richest individuals sparring on social media is pure entertainment.
Zuckerberg proposed August 26 for the showdown, but Musk hasn't fully committed yet. Instead, he mentioned not having time for workouts; hence, he's lifting weights at work.
And get this, Musk's combat style of choice is wrestling! Can you imagine the spectacle that would be?!
Musk even suggested a charity fundraiser, but Zuckerberg countered by advocating for a "trustworthy" platform, hinting at avoiding X (Twitter).
These clever marketing tactics have definitely sparked social media engagement! But will the face-off actually happen?
What do you think?
A Twitter user speculates that the Curve founder may be linked to the platform exploit based on a peculiar word choice. The hacker referred to users' reactions to the recent security breach as “ridiculous,” a term frequently used by Michael Egorov.
Additionally, concerns arise over Curve founder’s collateralized loans, with potential liquidation just weeks away.
The coincidence of “ridiculous” being mentioned around 20 times in the tweet makes this theory intriguing.
Furthermore, despite the deadline for fund reimbursement passing last night, the hacker has yet to return all stolen assets from the pools.
Curve Finance is offering a $1.85 million reward for anyone who can unmask the hacker.
As Elon Musk occupies himself with the Twitter rebrand, the crypto community is enthusiastically trading tokens that bear association with the well-known platform only through its former name.
The TwitterDAO (TWITTER) token is presently priced at $0.0001, despite a rocky start.This rise is attributed to the automatic system's verification and contract audit.
Yet, it's vital to bear in mind that such tokens often morph into money-making tools for fraudsters, leading to a total wipeout of the assets belonging to external investors. The recent situation with BALD serves as a stark reminder of this risk.
X (Twitter) is actively seeking a financial-data giant to collaborate on building a trading hub within its app.
The request for plans emphasizes the importance of real-time information, particularly in the realm of investing. The company aims to offer financial content, real-time stock data, and other related features to enhance user experience.
Reminding that Elon Musk envisions the platform as a Western super-app akin to WeChat in China, Gojek in Indonesia, Grab in Singapore, and Gozem in Africa.
Such super-apps integrate various consumer services like food delivery, ride-hailing, payments, investing, and identity authentication into a single app, providing a comprehensive user experience.
A Twitter debate has erupted, speculating that Sam Bankman-Fried (SBF) might be involved with the BALD memcoin rugpull.
Blockchain analysts delved into the developer’s on-chain history and discovered a connection between the wallet address deploying the BALD token and ETH funding from wallets linked to FTX and Alameda Research.
An anonymous DeFi commentator suggested that this link might indicate SBF’s attempt to recover some losses.
Data editors found that the same wallet address had made numerous transfers (400) to blacklisted USDT addresses and appeared to have strong connections with Alameda Research. 



