Elon Musk has agreed to buy Twitter at his original proposed price of $54.20 per share, or about $44 billion total, Bloomberg reports and the New York Times confirms. Few details are known at this time. Musk is said to have expressed his renewed interest in a letter to the social media giant on the evening of October 3rd and met in court with Twitter representatives the morning of October 4th. Musk began trying to back out of the purchase agreement almost as soon as Twitter accepted it his original offer in April. He accused the platform of misleading or lying to investors about its number of daily active users, saying in May that the deal “cannot move forward” until Twitter proved that less than 5% of users are bots or spam accounts. Advertisement Related Video The Tes...
The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC) fined Kardashian $1.26 million on Oct. 3, for “touting on social media” about the EMAX without disclosing she was paid $250,000 to post about it. Kardashian has neither admitted to nor denied the SEC’s allegations, but settled the charges and agreed to not promote any cryptocurrency assets until 2025. SEC chairman Gary Gensler tweeted the fine was a reminder that celebrity endorsement of investment opportunities doesn’t “mean those investment products are right for all investors.” Today @SECGov, we charged Kim Kardashian for unlawfully touting a crypto securi...
It’s been less than a day since Ethereum’s historic transition to proof-of-stake, with most of the crypto community still abuzz with excitement following the successful Merge. On Sept. 15 at 06:42:42 UTC, the last Ethereum block using the old proof-of-work consensus mechanism was mined. Replacing it is an energy-efficient proof-of-stake consensus mechanism. Many crypto enthusiasts and climate advocates worldwide have been thrilled by the positive impact it will have on the environment and thus, crypto’s reputation. Others have just been in awe of the technological feat of upgrading an entire blockchain network without any stoppages. Ethereum Ethereum30 minutes ago Now pic.twitter.com/cyQb3pAdtt — WolfOfEthereum.eth ️ (@Crypto_Wolf_Of) September 15, 2022 Uniswap Labs founder and CEO ...
Crypto influencer FatManTerra claims to have gathered over $100,000 worth of Bitcoin (BTC) from crypto investors in an investment scheme that was later revealed as fake. The crypto researcher said he created the fake investment scheme as an experiment and to teach people a lesson about blindly following the investment advice of influencers. The account on Twitter has around 101,100 followers and is mostly known for being a former Terra proponent that now actively speaks out against the project and founder Do Kwon following its $40 billion collapse in May. In a Sept. 5 tweet, FatManTerra told his followers he had “received access to a high-yield BTC farm” by an unnamed fund, and said that people could message him if they wanted-in on the yield farming opportunity. “I’ve maxed ou...
An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing. Considering that all the tweets posted by the hacker remain active, it is evident that PwC officials are yet to realize the compromise. Investors clicking on the links remain at risk of being defrauded by the hacker. If not mitigated promptly, the threat may be catastrophic, considering that PwC Veleneula’s Twitter currently boasts over 37,000 followers. Cointelegraph has reached out to PwC Venezuela to inform them about the hack. PwC Venezuela has not yet responded to Cointelegraph’s request for comment. Related: Elon Musk-crypto video played on S. Korean govt’s hacked YouTube channel BlueBenx, a Brazilian crypto le...
When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high. These same individuals also said $50,000 was a buy the dip opportunity, and then they said $35,000 was a generational buy opportunity. Later on, they also suggested that BTC would never fall under $20,000. Of course, “now” is a great time to buy the dip, and one would think that buying BTC at or under $10,000 would also be the purchase of a lifetime. But by now, all the so-called “experts” have fallen quiet and are nowhere to be seen or heard. So, investors are left to their own devices and thoughts to contemplate whether or not the bottom is in. Should one be patient and wait for the forecast “drop to $10,000” ...
Share 1 Whatsapp reddit Tweet 0 1Shares Social media platform, Twitter, has finally released its highly requested Edit Tweet feature. This comes after many years of request and it will be available first to some paying Twitter subscribers later in September. According to Twitter, the feature is currently undergoing “internal testing.” .u08af3d3a71d129b6894b4c79e86a5864 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } ...