Man gets 14 months in jail for role in SEC’s X account hack that pumped fake Bitcoin ETF hype

Key Takeaways Eric Council Jr. was sentenced to 14 months for his role in hacking the SEC’s X account. The hack led to a false Bitcoin ETF announcement, causing market fluctuations. Share this article Eric Council Jr., who helped facilitate the unauthorized takeover of the SEC’s X account that led to a false Bitcoin ETF […]

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Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices

Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector.  Basel CEO Darren Chhoa said […]

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Pavel Durov calls WhatsApp ‘cheap copycat,’ launches $50K contest to showcase Telegram’s superiority

Telegram’s founder Pavel Durov has taken direct aim at Meta-owned WhatsApp, calling it a “cheap copycat” and accusing it of launching smear campaigns against his platform. His May 15 comments accompanied the announcement of a new $50,000 contest to showcase Telegram’s features. The competition will run until May 26. ‘Watered-down’ Durov said the contest will showcase […]

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