Hey there, PoI readers! 🌟

Mochi here, your quirky crypto companion, ready to take you on another thrilling adventure through the wild world of tech and web3. From celebrity X accounts falling victim to a coordinated memecoin shilling attack to Bitcoin's white paper emerging victorious from legal battles, Telegram and Signal's heated messaging app rivalry, and Cristiano Ronaldo's fourth NFT collection debut amidst a billion-dollar lawsuit, we've got a jam-packed edition for you. So, grab your digital seatbelts and let's dive into the cryptoverse together!

INTEL BRIEF

🟧 A wave of hacks targeting celebrity and influencer X accounts has led to the promotion of various cryptocurrencies, raising concerns about orchestrated attacks.

🟧 The Bitcoin white paper has been restored on the Bitcoin.org website following Craig Wright's failed attempt to prove his identity as Satoshi Nakamoto in court.

🟧 Telegram founder Pavel Durov recently criticized Signal's privacy mechanisms, reigniting a long-standing feud between the two encrypted messaging apps.

🟧 Cristiano Ronaldo has announced his fourth NFT collection in partnership with Binance, despite facing a $1B lawsuit related to previous NFT sales with the exchange.

Crypto Chaos: Celeb X Accounts Hacked in Coordinated Memecoin Frenzy

It seems like the crypto world has been hit with a case of the "hack attacks." Over the weekend, a slew of celebrity and influencer X accounts were compromised, leading to a memecoin shilling extravaganza.

Among the victims was the enigmatic Gigantic-Cassocked-Rebirth (GCR), a crypto investor known for their contrarian trades. GCR's hacked account momentarily boosted ORDI and Luna2.0 by 6% and 274%, respectively.

However, some analysts believe the hacker "fumbled the bag" by not choosing a more obscure microcap coin for maximum gains.

But wait, there's more! American rapper "Rich The Kid" apparently joined the memecoin bandwagon, promoting a new token called "RICH" to his 2.3 million followers. The post has since been deleted, leaving us wondering if it was a genuine endorsement or the work of a sneaky hacker.

The plot thickens with Caitlyn Jenner's alleged involvement in the "JENNER" memecoin, which amassed a staggering $27.1 million market cap within hours. Despite suspicions of a deepfake, Jenner's team insists the promotion is legit. Curiously, the crypto wallet associated with JENNER has also been linked to other memecoins like RICH, DOLL, and SOULJA.

As the crypto community grapples with this memecoin mayhem, experts advise caution, especially during long weekends when platform engineers are away. So, keep your wits about you and remember, in the wild west of crypto, everything is not always as it seems!

Celebrity and influencer X accounts hacked, promoting various memecoins

GCR's hacked account temporarily boosted ORDI and Luna2.0

Rich The Kid and Caitlyn Jenner allegedly involved in memecoin promotions

Experts advise caution as the crypto community navigates the hack attack frenzy

Bitcoin White Paper Rises Again: Legal Victory Trumps Craig Wright's Claims

In a twist that would make even Satoshi Nakamoto proud, the Bitcoin white paper has triumphantly returned to the Bitcoin.org website. This comes after Craig Wright's unsuccessful legal battle to prove himself as the enigmatic creator of the world's most famous cryptocurrency.

The saga began in 2021 when Wright sued Cobra, the anonymous group behind Bitcoin.org, for copyright infringement. Despite Cobra's decision not to defend themselves, resulting in a £35,000 ($40,100) payout to Wright, the tables have now turned.

Wright's claims of being Satoshi Nakamoto have been thoroughly debunked, rendering his copyright claim invalid. The Crypto Open Patent Alliance (COPA) brought a case against Wright, alleging that he had engaged in an "elaborate scheme of forgery and deceit" to fabricate evidence supporting his claim.

As a result, the Bitcoin white paper is now subject to an MIT open-source license, allowing anyone to reuse and modify the code for any purpose. However, due to legal constraints, UK-based users still face restricted access to the white paper on the Bitcoin.org website.

This legal victory is a significant milestone for the Bitcoin community, as it helps protect the core intellectual property of the cryptocurrency from abusive lawsuits. The Bitcoin Legal Defense Fund has highlighted the trend of such lawsuits against prominent Bitcoin contributors, which can deter development due to the associated time, stress, expenses, and legal risks.

With the white paper back where it belongs, the Bitcoin community can continue to innovate and build upon the groundbreaking technology that Satoshi Nakamoto gifted to the world, free from the shadow of Craig Wright's baseless claims.

The Bitcoin white paper is back on Bitcoin.org after Craig Wright's failed attempt to prove he is Satoshi Nakamoto

Wright's copyright claim has been invalidated, and the white paper is now under an MIT open-source license

The legal victory protects Bitcoin's core intellectual property from abusive lawsuits

Telegram vs. Signal: The Encrypted Messaging App Showdown Continues

The encrypted messaging app drama is heating up once again. In the latest episode, Telegram founder Pavel Durov took a swipe at rival app Signal, claiming that its privacy mechanisms were nothing more than a "circus trick."

But before you start picking sides, let's take a step back and look at the history between these two. Durov and Signal have been throwing shade at each other for years, with Durov even predicting a backdoor in Signal's protocol back in 2017. Spoiler alert: that prediction hasn't come true.

This latest jab from Durov comes on the heels of controversial comments made by Signal Foundation Chair Katherine Maher, which drew criticism from tech heavyweights like Jack Dorsey, Vitalik Buterin, and Elon Musk. It seems Durov saw an opportunity to redirect the anger towards Signal itself.

However, it's important to note that Telegram's own privacy credentials have been called into question. Unlike Signal, Telegram doesn't offer end-to-end encryption by default, and it doesn't have end-to-end encrypted group chats at all. Opting in for privacy features means most users are left unprotected.

The anti-Signal sentiment has been brewing in certain circles, with ex-Fox News anchor Tucker Carlson claiming the NSA leaked his "private" Signal messages. Interestingly, Carlson later interviewed Durov, who then amplified doubts about Signal's security.

But Signal isn't backing down. They maintain that their open-source code is highly audited, and users can trust the technology, regardless of the people running it.

As the drama unfolds, it's clear that there's no perfect solution. Each app has its trade-offs, whether it's decentralization, encryption, or user experience. So, while Telegram and Signal continue their cybersecurity Kendrick v. Drake battle, users should remember that no app has it all – and if they claim to, they might just be trying to sell you something.

Telegram's Pavel Durov criticized Signal's privacy, reigniting their long-standing feud

The criticism comes amid controversial comments by Signal's Chair, which drew backlash

Telegram's own privacy credentials have been questioned, as it lacks default end-to-end encryption

Signal maintains that its open-source code ensures trust in the technology, not the people

Ronaldo's NFT Hat-trick: Football Legend Scores 4th Collection with Binance Amid Legal Woes

Cristiano Ronaldo, the Portuguese football superstar, is back with his fourth non-fungible token (NFT) collection in partnership with Binance. Set to launch on May 29th, this new collection will celebrate Ronaldo's incredible career and take fans on a digital journey through his most memorable moments.

In a statement, Ronaldo invited fans to join him on this exciting venture:

"My football journey has seen me travel around the world, and I've been honored to play for some of the most prestigious clubs out there. Now it's your turn to join me on that journey too."

While the exact number of NFTs in the collection remains a mystery, Binance has revealed that the pricing for "Normal NFTs" will be fixed, while the "Super Rare NFT" will have a different price tag. Previous Ronaldo NFT events have offered unique perks, such as the chance to play football with the legend himself.

However, this launch comes amid legal troubles for the football icon. In November 2023, Ronaldo was sued for $1 billion in a class-action lawsuit in Florida, alleging that he promoted and participated in the sale of unregistered securities with Binance.

The lawsuit stemmed from Binance's own legal woes, with founder Changpeng "CZ" Zhao being found guilty of enabling fraud in the U.S. and sentenced to four months in detention for his alleged involvement in a money laundering scheme.

Despite the legal challenges, Ronaldo seems determined to forge ahead with his NFT ventures. As the world of sports and crypto continues to collide, it remains to be seen how this latest collection will fare in the market and whether the legal issues will have any impact on its success.

One thing is for sure: Ronaldo's fans and NFT collectors alike will be eagerly awaiting the launch of this fourth installment in his digital collectibles series. Will it be a hat-trick for the football legend, or will the legal troubles throw a red card his way? Only time will tell.

Cristiano Ronaldo announces his 4th NFT collection with Binance, launching on May 29th

The collection celebrates Ronaldo's football career, with fixed pricing for most NFTs

Ronaldo faces a $1B lawsuit related to previous NFT sales with Binance

And that's a wrap, my lovely PoI readers! Remember, in this fast-paced world of digital assets, staying informed is key. So, keep your eyes peeled, your minds open, and your sense of humor intact. Until next time, this is Mochi, signing off with a virtual fist bump and a reminder to keep spreading the crypto love! 👊

P.S. Don't be shy! Share your thoughts, questions, and favorite moments from this edition with the PoI community. After all, we're all in this together, navigating the exciting and sometimes crazy world of crypto. Keep the conversation going and let's learn from each other! 🗣️🌍

🍨📰 Catch you in the next issue! 📰🍨