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Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala

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As part of the acquisition, Qala rebrands as the ₿trust Builders Programme and aims to drive the development and education across the Global South. ₿ trust , a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition. The non-profit has acquired Qala, an organization dedicated to training Bitcoin and Lightning engineers in Africa. The acquisition will help ₿Trust succeed on its mission to drive the development and education of Bitcoin open-source engineers from across the Global South, the organization said in a joint announcement. As part of the transaction — which was completed on Sept. 1 — Qala will rebrand as the ₿trust Builders Programme. Founded in 2021, Qala has been engaged with sourcing, training and matching African software developers with global Bitcoin firms, helping them obtain the most relevant skills in the global Bitcoin ecosystem. A rebranding notice on Qala’s web...

Twitter [X.com] Hit Served With Lawsuit From French News Agency

Once again, Twitter finds itself entangled in legal issues. A well-known French news agency, Agence France-Presse [AFP], has filed a lawsuit in Paris against Elon Musk ’s X.com, formerly known as Twitter . The news agency is accusing the social media giant of neglecting to engage in discussions regarding potential compensation for the distribution of the news agency’s content. The firm wrote, “[AFP] has expressed its concerns over the clear refusal from Twitter (recently rebranded as ‘X’) to enter into discussions regarding the implementation of neighboring rights for the press.” AFP brought attention to Twitter ’s non-compliance with the local law. According to them, online platforms need to provide compensation to news publishers for featuring their content. France integrated the EU copyright directive, commonly known as “neighboring rights,” into its legal framework in 2019. Furthermore, this compels online platforms like Go...

Elon Musk Announces New Twitter CEO Linda Yaccarino

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Elon Musk has announced the new Twitter CEO, former NBC Universal head of advertising Linda Yaccarino . Yaccarino “will focus primarily on business operations, while I focus on product design & new technology,” Musk says in a tweet today. Yaccarino will take over Twitter as CEO in six weeks’ time, while Musk shifts towards an Executive Chair & CTO role, overseeing product, software & sysops. Source: Aestland Elon Musk purchased Twitter last year, immediately becoming its Chief Executive Officer and instilling change immediately. Musk said back in November he expected to reduce his time at Twitter and eventually find a new leader to run the social media company. Now, he has found a new leader in Yaccarino. Linda Yaccarino has yet to publicly comment on being appointed new Twitter CEO. However, she has already made waves in how she will approach cryptocurrency. She followed Shiba Inu’s official Twitter page today, a meme coin that Musk has been a f...

Former Coinbase CTO makes $2M bet on Bitcoin's performance

Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States. Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin's (BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17.  The wager was initiated on March 17, when pseudonymous Twitter user James Medlock offered to bet anyone $1 million that the United States would not experience hyperinflation. A few hours later, the former Coinbase CTO accepted the bet. Sir, I believe we have ourselves a deal https://t.co/9JYaLNo9Eq — James Medlock (@jdcmedlock) March 18, 2023 Under the proposed terms, if Bitcoin's price fails to reach $1 million by June 17, Medlock will win $1 million worth of the dollar-pegged stablecoin USD Coin (USDC) and the 1 BTC. The same way, if Bitcoin is worth at least $1 million by the date, then Balaji can keep the 1 BTC and the $1 million in USD...

Over 200M Twitter Accounts' data leaked after $200K demand goes unheard

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Back in December, rumors about a Twitter breach caused uncertainty among users. The fear of 400 million personal user data like emails and phone numbers linked to Twitter being leaked was not an ideal scenario. Now, according to reports, the private information of a whopping 200 million users’ data was leaked. The Twitter data acquired by the ill-doer was posted on a popular hacker forum. The leaked data includes account name/handle, follower count, date of creation as well as email addresses. The database that is found on the website is 63GB. However, this was reduced to 4GB after duplicates were kicked out and files were compressed. This data was put up for sale and could be downloaded for eight credits. Source Data of prominent Twitter accounts like Sundar Pichai, SpaceX, Donald Trump Jr., CBS Media, WHO, and NBA were reportedly leaked. In this instance, eliminating duplicates led to the 200 million figure which is far from the estimated 400 million. There are no pho...