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Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling
Use of a VPN to circumvent the prohibition could lead to hefty fines, according to media reports.
Crypto Goes Unmentioned in Trump-Musk Interview; 3AC Liquidators Suing Terraform Labs for $1.3B
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former President Donald Trump. Plus, 3AC liquidators have sued Terraform Labs for $1.3 billion and Hamster Kombat bashes crypto VC funding.
Farcaster's Dan Romero Explains How 'Frames' Did What X (Twitter) Doesn't
The decentralized social network Farcaster is enjoying a breakout after last week's introduction of "Frames" – a new feature that could attract attention from developers and, eventually, mainstream users. CoinDesk's Jenn Sanasie sat down with co-founder Dan Romero in an exclusive interview.
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
DOGE has the tendency to surge on payments-related developments at any Elon Musk-owned companies, such as X or Tesla. Floki, named after Musk’s dog, moves as a beta bet among midcap traders.
Did the Fake Bitcoin ETF Announcement Prove an SEC Approval Is a 'Sell-the-News' Event?
The SEC's social media account was hacked to say the much-anticipated financial product was approved, perhaps answering the question of what will happen when it actually happens.
Elon Musk-Inspired 'Go F--K Yourself,' Cybertruck Tokens Surge Among Microcap Punters
Tokens like GFY, TRUCK and GROK tied to Musk's products and recent statements have popped up on Ethereum and other blockchains.
GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains
While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.
Friend.tech: The Legal and Tax Ins and Outs of This Year’s Hottest Crypto App
Friend.tech, a decentralized social media platform in which you can buy and sell “keys” in your friends on X, whose value can go up and down, has become a viral sensation, racking up as many as 100,000 users since launching on August 10. Securities and banking law professor at George Mason Law School JW Verret, and tax partner and co-head of the Digital Assets and Blockchain Practice at Fried Frank Jason Schwartz, share their thoughts.
Vitalik Buterin's X Account Is Hacked; Altcoins Start Week in the Red
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including an update on Ethereum founder Vitalik Buterin's X account getting hacked. Ripple’s XRP token has dropped over 5% in the past 24 hours. Coinbase clarifies its stance on operations in India. And, the former CEO of Algorand is set to lead a company that will take over bankrupt crypto lender Celsius’ operations.
U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today. Elon Musk's social media platform, X, obtains money or currency transmitter licenses in seven U.S. states. A New York court is classifying ether and bitcoin as "commodities", what it means for a proposed class action lawsuit against Uniswap. Plus, the timeline for Binance ending support for its BUSD stablecoin.