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news-imageOctober 22, 2024

‘True Declaration of War' – Bitcoin Veteran Says Gloves Are Off After ECB Publishes Paper Attacking BTC

Bitcoin veteran Tuur Demeester says a new European Central Bank (ECB) paper on BTC is a “declaration of war” on the top crypto asset. In new research, the ECB claims that BTC has strayed away from the original vision of Satoshi Nakamoto, its pseudonymous creator, and now exists to extract value from latecomers and non-holders.
Publisher: The Daily Hodl
Sentiment: Negative
BTC

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A Hero Falls: Bitcoin Community Blasts Michael Saylor's ‘Paranoid Crypto-Anarchists' and Self-Custody Remarks

Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody.

Negative
cover-imageBenzinga
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Just Before Bankruptcy, This Crypto Exchange's CEO Allegedly Used Money Deposited By Customers To Buy Bitcoin To Pay Off Company's Debts

Australia's financial market regulator charged the former CEO of a defunct cryptocurrency exchange for embezzling $1.47 million that a customer had sent to buy Bitcoin (CRYPTO: BTC). What Happened: In a press release shared Tuesday, the Australian Securities and Investments Commission (ASIC) stated that Grant Colthup, the ex-CEO of Mine Digital, allegedly used the funds to pay off the liabilities of the parent company, ACCE Australia Pty Ltd, or buy cryptocurrencies for others, or both.

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