Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3
Sen. Lummis introduces Bitcoin Strategic Reserve Bill, Bitfinex hacker shows up at Bitcoin 2024, and Trump Bitcoin sneakers: Hodler’s Digest.
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Peter Schiff Bungled Wallet Password, Solving ‘Bitcoin Mystery’
Famous crypto skeptic and gold bug Peter Schiff said that his “Bitcoin mystery” is solved after realizing that he mistook the pin of his Bitcoin (BTC) wallet for the password.In a tweet on Jan. 22, Schiff explained that he knows the pin of his wallet, but after the app was updated, he was logged out…

EU Commission targets X over ‘dissemination of illegal content’
X owner Elon Musk told advertisers to “go f--- yourself” on Nov. 29 after many left the social media platform in response to antisemitic content and a report on hate speech. 78 Total views 4 Total shares The European Commission said it had opened formal proceedings to investigate X — formerly Twitter — over content

Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO
Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC).As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of Chinese insurance giant Ping An.Seeks $100 million and Nasdaq listingThe report claims that the filing seeks to raise $100 million,…

DeFi market fall showcases how rising TVL doesn’t tell the full story
The decentralized finance market seems to be deflating after the DeFi summer craze when tokenized versions of Bitcoin and protocols, such as Uniswap and SushiSwap, outperformed the rest of the market. Earlier in October, the two main DeFi indices, Binance’s DeFi Composite Index and TokenSet’s DeFi Pulse Index Set lost more than 60% and 50%…

Two individuals indicted for $25M AI crypto trading scam: DOJ
Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures. The United States Department of Justice (DOJ) has indicted two individuals for allegedly operating a $25-million artificial intelligence (AI) crypto-trading Ponzi scheme.According to the Dec. 12 announcement, Australian national David Gilbert Saffron and

LBRY alleges Apple forced it to censor certain terms during COVID-19
After Elon Musk lamented the winding back of Apple's Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship. 944 Total views 18 Total shares Blockchain-based file-sharing and payment network LBRY has alleged that tech giant Apple forced it to filter out certain search terms during the COVID-19 crisis in an…

Alibaba Cloud launches NFT solution… then quickly memory holes it
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. 397 Total views 39 Total shares The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly…

Bitcoin overtakes tech as most crowded trade, says Bank of America survey
“Long Bitcoin” has once again flipped “long tech” as the most crowded trade based on Bank of America's recent fund manager survey. 3467 Total views 13 Total shares In another throwback to the 2017 bull market, a major United States bank fund manager survey, or FMS, has put Bitcoin at the pinnacle of positive investor…