Stop Causing “More Damage” Bitcoin.com News Week in Review – The Weekly Bitcoin News

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Bitcoiners on Twitter recently pleaded with the social media platform’s CEO, Elon Musk, to preserve the account of the late computer scientist and bitcoin pioneer Hal Finney. The outcry came after Musk announced a slew of inactive accounts would be purged. Finney’s wife has since stepped in and tweeted from Hal’s old account to make sure he survives. In other news, former FTX CEO Sam Bankman-Fried was reportedly told by other crypto executives to “stop trying to depeg stablecoins.” This and much more, just below in Bitcoin.com’s latest News Week Review.

As Elon Musk plans to purge 1.5 billion inactive Twitter names, bitcoiners beg him to preserve Hal Finney’s account

On December 9, 2022, Twitter owner Elon Musk told the public that the social media company planned to purge 1.5 billion accounts. Musk further added that deletions would be obvious accounts that either don’t have tweets or haven’t logged in for years.

However, after Musk announced this plan, a large number of cryptocurrency supporters became concerned that the Hal Finneys account would be among the purged names. Finney, who died in August 2014, was the first to mention bitcoin in a tweet on the public forum.

In a recent update, Finney’s wife, Fran Finney, appears to have activated and tweeted from the account to protect it from deletion.

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Report: Prior to Filing for Bankruptcy, FTX Co-Founder SBF Told by Crypto Chiefs to Stop Trying to Take Down Stablecoins

According to a recent report by the Wall Street Journal (WSJ), cryptocurrency executives were reportedly concerned that Sam Bankman Frieds (SBF) Alameda Research was attempting to pull stablecoins. Supposedly, top crypto exchange executives are members of a Signal chat group called Exchange Coordination, and Binance CEO Changpeng Zhao (CZ) apparently told SBF to stop causing more damage.

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Robert Kiyosaki Expects Bitcoin Investors to Get Richer as the Fed Pivots and Prints Billions

Famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, claims that bitcoin investors will get richer when the Federal Reserve, Treasury and Wall Street pivot and trillions of dollars are printed.

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The European Union will impose a limit of 10,000 euros on cash payments; Transactions over 1,000 in crypto will be reviewed

European Union states have come together to establish a new limit on cash purchases and to tighten controls on cryptocurrency transactions. On Nov. 6, the bloc agreed to set a limit of 10,000 ($10,557) on cash payments and exercise stricter oversight on crypto transactions over 1,000 euros ($1,055).

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Tags in this story Bitcoiner, cash limits, Changpeng CZ Zhao, Crypto watch, dollar crash, Elon Musk, EU, Fed kingpin, Financial Watch, Fran Finney, Hal Finney, Kiyosaki Fed, Satoshi, sbf, Stablecoins, Twitter

What do you think of this week’s hottest stories from Bitcoin.com News? Be sure to let us know in the comments section below.

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