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CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays

Cryptocurrency exchange and initial coin offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, sparking fears the company was having liquidity issues or w insolvent. “There is a lot of FUD going around that we would like to address head-on,” CoinList said in a Nov. 24 Twitter thread that stated that the exchange is “not insolvent, illiquid, or near bankruptcy.” It said, however, that its deposits and withdrawals are affected by “technical issues.” 2/ We are upgrading our internal ledger systems and are migrating wallet addresses involving multiple custodians. This is one of many efforts we are undertaking to offer our customers around the world better products and services while mai...

CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays

Cryptocurrency exchange and initial coin offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, sparking fears the company was having liquidity issues or w insolvent. “There is a lot of FUD going around that we would like to address head-on,” CoinList said in a Nov. 24 Twitter thread that stated that the exchange is “not insolvent, illiquid, or near bankruptcy.” It said, however, that its deposits and withdrawals are affected by “technical issues.” 2/ We are upgrading our internal ledger systems and are migrating wallet addresses involving multiple custodians. This is one of many efforts we are undertaking to offer our customers around the world better products and services while mai...

ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched

United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service. Blockchain infrastructure company Horizen Labs, which is building the site on behalf of the ApeCoin decentralized autonomous organization (DAO), revealed the news in a Nov. 24 update regarding ApeStake.io on Twitter, saying “unfortunately, in today’s regulatory environment, we had no good alternative.” Ape Staking Update: Big thanks to the talented community devs for their helpful improvements. Bug Bounty AIP delayed us a bit, so we shortened the pre-deposit period by a week to keep our original 12/12 go-live. Alternate front-end sites going live. See card. pic.twitter.com/mgmP7X3SwQ — Horizen Labs (@HorizenLabs) N...

You Care: Ye aka Kanye West Returns To Twitter, “Crashes” ComplexCon

HipHopWired Featured Video Source: Prince Williams / Getty Elon Musk is just letting everyone back on Twitter. The artist formerly known as Kanye West marked his return to the platform by tweeting “Shalom” and he double-tasked by “crashing” ComplexCon, too. In case you missed, Ye got himself banned from Twitter, prior to Elon Musk’s purchase, thanks to his antisemitic rhetoric. Since Phony Stark recently reinstated Donald Trump’s Twitter account, things like gatekeeping racism and antisemitism are no longer a priority. So on Sunday evening (Nov. 20), Ye marked his return by tweeting the Hebrew greeting “Shalom.” Although Ye infamously tried to clean up his antisemitism by claiming he is actually a Jew himself, we’d guess that’s the extent of his knowledge of Hebrew. Actually, he first twee...

Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX

A faked video of Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has circulated on Twitter attempting to scam investors affected by the exchange’s bankruptcy. Created using programs to emulate Bankman-Fried’s likeness and voice, the poorly made “deepfake” video attempts to direct users to a malicious site under the promise of a “giveaway” that will “double your cryptocurrency.” Over the weekend, a verified account posing as FTX founder SBF posted dozens of copies of this deepfake video offering FTX users “compensation for the loss” in a phishing scam designed to drain their crypto wallets pic.twitter.com/3KoAPRJsya — Jason Koebler (@jason_koebler) November 21, 2022 The video uses appears to be old interview footage of Bankman-Fried and used a voice emulator to...

Trent Reznor Quits Twitter: ‘I Don’t Feel Good Being There Anymore’

Trent Reznor is the latest celebrity to pull the plug on his Twitter account in the wake of Elon Musk taking over the social media platform. In a Saturday interview with The Hollywood Reporter, the Nine Inch Nails frontman spoke about the reasons behind his exit, saying, “I’m about to depart. We don’t need the arrogance of the billionaire class to feel like they can just come in and solve everything. Even without him involved, I just find that it has become such a toxic environment. For my mental health, I need to tune out. I don’t feel good being there anymore.” It didn’t take long for Musk to catch wind of Reznor’s interview, and Twitter’s new overlord took a jab at the rocker in a direct reply to a random supporter. “Breaking … 48 hours since @elonmusk reinstated President Trump’s Twitt...

Elon Musk Hits Back at “Crybaby” Trent Reznor After Nine Inch Nails Frontman Quits Twitter

It seems Elon Musk may have been a little “hurt” by Trent Reznor’s decision to quit Twitter. The billionaire owner of the social media platform responded by calling the Nine Inch Nails frontman a “crybaby” despite being a fan of his music. Reznor deactivated his account on Sunday (November 20th), shortly after telling The Hollywood Reporter in an interview that Musk’s takeover of Twitter has been an “embarrassment,” while adding, “We don’t need the arrogance of the billionaire class to feel like they can just come in and solve everything.” Musk, responding to a tweet by “Catturd” that read, “48 hours since @elonmusk reinstated President Trump’s Twitter account and the world still hasn’t ended,” wrote, “And it turns out that Trent ‘nine inch nails’ Reznor is actually a crybaby.” Advertiseme...

Jack White Tears Elon Musk a New One

Jack White is joining Trent Reznor as the latest high-profile rocker to quit Twitter. In an extensive statement posted to Instagram on Sunday, White ripped into Elon Musk over his decision to reinstate former president Donald Trump. While Musk insists that his motives are in the name of free speech, White sees it otherwise. “Tell it like it is; people like you and Joe Rogan (who gives platforms to liars like alex jones etc.); you come into a ton of money, see the tax bill, despise paying your fair share, and then think moving to Texas and supporting whatever republican you can is going to help you keep more of your money,” White wrote. Related Video “You intend to give platforms to known liars and wash your hands like pontius pilate and claim no responsibility?” White continued. “trump was...

Crypto sleuth debunks 3 biggest misconceptions about the FTX hack

On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a “ton of misinformation” about the event and the possible culprits.  In a lengthy Nov. 20 post on Twitter, the self-proclaimed “on-chain sleuth” debunked speculation that Bahamian officials were behind the FTX hack, that exchanges knew the hacker’s true identity, and that the culprit is trading memecoins. 1/ I have seen a ton of misinformation being spread on Twitter and in the news about the FTX event so let me debunk the three most common things I’ve seen “Bahamian officials are behind the FTX hack”“Exchanges know who the hacker is”“FTX hacker is trading meme coins” pic.twitter.com/IAtHnpJI44 — ZachXBT (@zachxbt)...

SBF’s lawyers terminate FTX representation due to conflicts of interest

Paul, Weiss, the law firm backing FTX CEO Sam Bankman-Fried (SBF) amid bankruptcy, renounced representing the entrepreneur, citing a conflict of interest. The decision to withdraw from representation after SBF’s tweets were found to disrupt the law firm’s reorganization efforts. Starting Nov. 14, SBF published a series of tweets that amassed extensive attention across Crypto Twitter. The move, however, sparked speculations that the cryptic tweets were used to distract bots from noticing concurrently deleted tweets. While no ill-intent could be concluded, Paul, Weiss attorney Martin Flumenbaum believed that SBF’s “incessant and disruptive tweeting” was negatively impacting the reorganization efforts: “We informed Mr. Bankman-Fried several days ago, after the filing of the FTX bankruptcy, th...

Is DOGE really worth the hype even after Musk’s Twitter buyout?

2022 continues to be a year of surprises, with one of the biggest so far being Elon Musk’s decision to acquire social media juggernaut Twitter for a whopping $44 billion. While the takeover has set into motion a whole host of debates — particularly those pertaining to Big Tech censorship — it has also called into question the future of Dogecoin (DOGE), a digital currency of which the billionaire has been a big proponent over the last couple of years. To put things into perspective, just hours before Musk tweeted that “the bird is freed” on Oct. 27, the price of DOGE was hovering around $0.07. However, by Nov. 1, it had surged to $0.16, bringing the total market capitalization of the so-called memecoin to a sizable $21 billion. And while DOGE is currently trading close to $0.08, its 30-day ...

Trent Reznor Is “About to Depart” Twitter: “We Don’t Need the Arrogance of the Billionaire Class”

Trent Reznor has called Elon Musk’s takeover of Twitter an “embarrassment,” and said he’s “about to depart” the social media platform. Since Musk closed the deal on purchasing Twitter, he has laid off half the company’s staff; instituted an $8-per-month blue verification checkmark fee; issued an ultimatum to the remaining staffers to either return to the office or quit their jobs (which he has since partially retracted); and reinstated Donald Trump’s account. While promoting his and Atticus Ross’ score for the new movie Bones and All, Reznor was asked by The Hollywood Reporter for his take on the current state of Twitter under Musk. “Embarrassment,” replied the Nine Inch Nails frontman. “I’m about to depart. We don’t need the arrogance of the billionaire class to feel like they can just co...