| Rebecca | | | |
Market Watch Coin prices are up during Thursday trading. Bitcoin has broken out of the $9,000-$9,500 range after months of stability but can Bitcoin push its price higher? Bitcoin | $9,504 | +1.84% | Ethereum | $263 | +8.41% | Tether | $1.00 | +0.01% | XRP | $0.202 | +2.52% | Top 100 Winner: Reserve Rights | $0.012 | +12.08% | Top 100 Loser: Ampleforth | $1.76 | -32.53% | Prices are as of 1:00 p.m. ET. | |
Steve Wozniak, co-founder of Apple, has sued Google and YouTube over last week's Bitcoin hacking attack. The complaint alleges that YouTube and Google "ignored repeated requests" to remove the scam videos, which used images of Wozniak, Elon Musk, and Bill Gates to lure investors into sending their crypto with the promise of receiving twice the amount back. The complaint went on to say that the platforms "knowingly promoted and profited from the scam." More: - The lawsuit contains 17 other plaintiffs.
- YouTube seeks dismissal over Ripple's XRP scam lawsuit, arguing that it's protected from liability by federal internet laws.
- Back in April, Ripple filed a lawsuit against the video-sharing platform, claiming that it failed to take action against several XRP giveaway scams on the website.
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Twitter has said that up to 36 accounts, including one belonging to an elected official, were accessed by hackers in last week's Bitcoin giveaway scam. Twitter did not name the official who is located in the Netherlands. It said that it has no indication that any current or former elected officials had their accounts hacked. Official accounts that were hacked included those of former U.S. president Barack Obama and Tesla founder Elon Musk. TWITTER | |
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Our Crypto Masterclass features a well-known thought leader or expert in the crypto space. Today, I focus on veteran trader Peter Brandt, who said the world won't adopt crypto or return to a gold standard. To get more of Brandt's views and receive our Masterclass every day, sign up for Inside Crypto Premium. GET YOUR 14-DAY FREE TRIAL | | | |
Chinese fintech company Ant Group has launched a new blockchain brand called AntChain. Designed for the company's blockchain-based solutions, AntChain supports 50 use cases, such as shipping and cross-border remittances. Geoff Jiang, vice president of Ant Group – the fintech arm of e-commerce company Alibaba Group – said he wants to help the acceleration of "blockchain-enabled industry transformations." AntChain says it can process one billion transactions per day. THE BLOCK | |
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Crypto enthusiast John McAfee claims that Intel is suing him over his privacy project Ghost. McAfee, who recently said that he never believed Bitcoin would hit $1m, claiming it's an "old, tired, worthless coin," said in a tweet that Intel was suing him over the name GhostbyMcAfee. Ghost is a proof-of-stake (PoS) coin that has been created to deliver anonymous blockchain transactions. McAfee said that while GhostbyJohnMcAfee was acceptable, it was too "clunky." McAfee was the creator of one of the first computer antivirus companies, McAfee Associates, which he founded in 1987. @OFFICIALMCAFEE/TWITTER | |
Quick Hits - Tyler Winklevoss, co-founder and CEO of crypto exchange Gemini, said that "the Fed continues to set the stage for bitcoin's next bull run."
- The U.S. House of Representatives has added two blockchain-related amendments to the defense spending bill, the National Defense Authorization Act.
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| | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. | | Editor | Edited by Eduardo Garcia in New York. Eduardo is a graduate of the Columbia Journalism School M.A. Science program and writes regularly for the New York Times Climate Fwd: newsletter. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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