9/26/23: Bitboy Arrested On Live Stream 🚔🚫🚀

Author

Valko
September 26, 2023

Today’s Top Stories ⌐◪-◪

  • 🚔 Ben Armstrong aka “Bitboy” arrested on live stream with mistress

  • 🚫 Chase to ban crypto-related payments for UK customers in October

  • 🚀 Microstrategy purchased another 5,445 ($147M) BTC

Ben Armstrong, Founder of Bitboy Crypto Channel, Released on Bail After Arrest

Armstrong has had an apparent fallout with his former business partners, several tweets suggest.

⌐◪-◪ → This video is pretty crazy. Bitboy shows up at ex employees house, brings a weapon + the woman he cheated on his wife with, makes erradic movements worthy of getting shot, and live streams the whole thing on YouTube. So good it seems fake, but he did in fact get arrested.

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets.

⌐◪-◪ → This is realy sad to see and will certainly slow crypto adoption in the UK. I personally run my entire crypto consulting firm through Chase, so a ban like this in the US would be detrimental to my business. Fortunately, where there's a will, there's a way, and this will merrely force people to find new, non-bank reliant, ways to use crypto.

MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC

MicroStrategy co-founder Michael Saylor announced another major Bitcoin purchase by the firm, bringing its entire holdings to 158,245 BTC.

⌐◪-◪ → Michael Saylor, who we like to call Saylor Moon, is still incredibly bullish on Bitcoin despite his companies $520M in unrealized losses. Saylot stated the companies goal is to accumualte as much Bitcoin as possible, they currently hold 0.81% of the current supply - about 6x less than Satoshi and Coinbase.

Peripheral Vision ⌐◪-◪

⛓️ Crypto & DeFi

  • Base surpasses Solana in total locked volume, reaching $340M

  • Google cloud-compute expands crypto push with 11 more blockchains

  • Circle’s EURC stablecoin launches on Stellar network

  • HTX Global exchange (formerly Huobi) was hacked for over $8M

  • Rainbow launches new browser wallet

  • Fhenix launches confidential blockchain with homomorphic encryption

  • Arbitrum DAO plans to distribute $42M to boost ecosystem growth

🏛️ Legal & Regulatory

  • Celsius creditors vote to approve reorganization plan

  • Paradigm launches Policy Lab in move to advance crypto advocacy

  • FTX Estate may hold onto Anthropic longer now that Amazon invested

  • SBF counsel asks for jail release ahead of trial again

  • SEC objects to Coinbase’s involvement in Celsius bankruptcy

🌎 Rest of the World

  • Shanghai officially recognizes BTC as a unique digital currency

  • Taiwan crypto exchanges unite to establish an industry association

  • Australian bank, ANZ, experiments with stablecoins

  • Binance reopens in Belgium 3 months after regulator shut them down

  • Binance looks to issue stablecoins in Japan

  • Belgian market maker secures AML compliance in Switzerland

🖼️ NFTs

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