Preventing ‘More Damage’: Bitcoin.com News Roundup of the Week – The Weekly Bitcoin News

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Twitter Users Recently Made An Appeal To Their CEO Elon Musk To Retain The Memory Of Late Computer Scientist and Bitcoin Pioneer Hal Finney. The outcry came after Musk announced that many inactive accounts would be closed. His wife stepped in and tweeted from Hal’s account to make sure it was not deleted. In other news, before their bankruptcy filing, crypto executives told FTX co-founder SBF to “stop trying to delist stablecoins”. Read on for the full Bitcoin.com news roundup.

As Elon Musk Plans To Purge 1.5 Billion Inactive Twitter Names, Bitcoin Users Beg Him To Keep Hal Finney's Account

Preserving Memory: Bitcoin Users Urge Elon Musk To Keep Hal Finney’s Account

On December 9, 2022, Twitter owner Elon Musk announced plans to delete 1.5 billion inactive accounts. This announcement sparked concern among cryptocurrency advocates, who feared that Hal Finney’s account would be removed. Finney, who died in August 2014, was the first person to publicly mention bitcoin in a tweet.

Fortunately, Finney’s wife, Fran Finney, stepped in and activated the account, which prevented it from being deleted.

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Report: Before Bankruptcy Filing, Crypto Executives Told FTX Co-Founder SBF That

Report: Crypto Executives Warn FTX Co-Founder SBF To Cease Trying To Delist Stablecoins

According to a recent Wall Street Journal (WSJ) report, cryptocurrency executives are worried about the safety of their customers. Sam Bankman Fried’s (SBF) Alameda Research allegedly heard the same message from other crypto executives: “stop trying to de-peg stablecoins”. It appears that the top execs of crypto exchanges are part of a Signal chat group called “Exchange Coordination”, and Binance CEO Changpeng Zhao (CZ) has told SBF not to cause any more damage.

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Robert Kiyosaki expects Bitcoin investors to get rich as the Fed spins up and prints trillions of dollars Renowned Author Robert Kiyosaki Believes Bitcoiners Can Get Rich as Fed, Treasury and Wall Street Pivot with Trillions

The well-known author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, believes that Bitcoin investors will become wealthy once the Federal Reserve, Treasury and Wall Street make their move with trillions of dollars.

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cash limit of the european union anti money laundering directive

EU Imposes a €10,000 Limit on Cash Purchases; Transactions Above €1,000 in Crypto to be Monitored

The European Union has recently reached an agreement to increase the cash purchase limit and tighten control over cryptocurrency transactions. On Nov. 6, the bloc voted to impose a €10,000 euro cap on cash payments. Furthermore, crypto transactions of more than €1,000 will be subject to increased scrutiny.

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Tags in this Story

Bitcoiner, Cash Limits, Changpeng “CZ” Zhao, Crypto Surveillance, Dollar Crash, Elon Musk, EU, Federal Pivot, Financial Surveillance, Fran Finney, Hal Finney, Kiyosaki Fed, Satoshi, sbf, Stablecoins, Twitter

What are the topics that have been making the headlines in Bitcoin.com News this week? Leave a comment and let us know.

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