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Showing posts from September 25, 2023

Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets

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A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT , erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch with the stablecoin company, criticizing the publishing practices of the news outlet. Alleged Tether Spokeswoman Alex Welch Causes Controversy Alex Welch, who has been presented in several articles as a spokesperson for Tether, the stablecoin company behind the issuance of USDT , is at the center of a controversy between the company and mainstream news outlets. Welch was mentioned as a source for allegations regarding the rise in Tether’s outstanding loans in a recent article by WSJ journalist Jonathan Weil, which was criticized as “tabloid-style” reporting in a press release issued by the company. In the article, Welch is reported to have given information regarding these loans, stating that

Microstrategy Acquires 5,445 More Bitcoin — Total Holdings Climb to 158,245 BTC

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Microstrategy has acquired 5,445 more bitcoin, bringing the company’s total holdings to 158,245 BTC . According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the additional bitcoins were acquired during the period between Aug. 1 and Sept. 24. Microstrategy Adds 5,445 Bitcoin to Its Treasury The Nasdaq-listed software intelligence firm Microstrategy has continued to increase its bitcoin holdings. On Monday, Michael Saylor, founder and chairman of Microstrategy, announced on social media platform X: Microstrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per bitcoin. As of 9/24/23 Microstrategy hodls 158,245 BTC acquired for ~$4.68 billion at an average price of $29,582 per bitcoin. $MSTR According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the additional bitcoins were acquired between Aug. 1 and Sept. 24. Microstrategy also announced on Monday that as of Sept. 2

US Presidential Candidate Nikki Haley: China Preparing for War and Xi Jinping Intends to Win

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U.S. presidential candidate Nikki Haley has warned that China is preparing for war and Chinese President Xi Jinping intends to win. “China is an existential threat. It has spent half a century plotting to defeat us,” she stressed, cautioning that China is “building a massive cutting edge military, capable of threatening America and dominating Asia and beyond.” Nikki Haley Warns of China’s Preparation for War U.S. presidential hopeful and former governor of the state of South Carolina, Nikki Haley, warned in a speech at the New Hampshire Institute of Politics on her economic policy Friday that China is preparing for war. “Strength and pride are essential to our national survival, especially in the face of Communist China,” she began, elaborating: China is an existential threat. It has spent half a century plotting to defeat us. “It’s taken our manufacturing jobs. It’s taken our trade secrets. Now, it’s taking control of critical industries — from medicines to advanced technology

Tron Founder Justin Sun Says HTX Exchange Hacked, Loses 5,000 ETH

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According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the “platform is operating completely normally.” HTX Exchange’s Security Breach Results in 5,000 ETH Loss, Says Tron’s Justin Sun Justin Sun , the founder of Tron and an advisor of the exchange HTX, took to the social media platform X on Monday to disclose that HTX had been breached. “HTX has suffered a loss of 5,000 [ethereum] ($8 million USD) due to a hacker attack,” Sun wrote. “HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are SAFU and the platform is operating completely normally.” Sun further shared the ethereum addresses associated with the hacker which include “ 0xdb1 ” and “ 0x799 .” Approximately $6.3 million is located in the “0xdb1” wallet. “$8 million repre