Elon Musk's huuuuge mistake

A scam token shared on Robinhood's Twitter didn't make much. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.06T (+2,92%) 24 Hour Volume $64.31B (+15.15%) Notable Movers[(APT) $19.41]( (+20.68%) Notable Movers (DeFi)[(FTM) $0.4863]( (+19.94%) Bitcoin Dominance 42,30%[(-0,17%)]( Bitcoin Price[(BTC) $23,182.57 (+2.53%)]( Ethereum Price[(ETH) $1,617.15 (+4.07%)]( Cardano Price[(ADA) $0,3833 (+6.79%)]( Editor's Note Elizabeth Warren's Misguided Attack Senator Elizabeth Warren has long been a critic of cryptocurrencies — and the sector in general. With the industry licking its wounds after FTX and Genesis went under, she couldn't resist an opportunity to launch another attack. But while you could argue that some of her criticisms and concerns are valid, her latest salvo was rather misguided. Speaking at the American Liberties Project, she claimed that industry titans are "scared of a strong SEC" — indicating that many businesses would absolutely hate it if the Securities and Exchange Commission had broader oversight over this nascent space. She pointed to how the SEC has thrown the book at celeb influencers for shilling cryptocurrencies, brought down insider traders at major exchanges, and punished "crooks for defrauding ordinary investors out of millions of dollars." Here's the thing: if you talk to most crypto entrepreneurs, they actually welcome regulatory oversight — especially if it offers clarity when it comes to launching new products. Right now, regulation in the U.S. is incredibly fragmented, with the SEC, FTC, DoJ and CFTC both battling for a piece of the pie. A lack of certainty is driving some businesses out of the country — and antiquated securities rules are no match for 21st-century digital assets. This needs to be fixed, and businesses and consumers will benefit as a result. And given SEC chairman Gary Gensler's purported coziness to Sam Bankman-Fried, and the agency's failure to stop FTX before it was too late, Warren's claim that it's a threat to the industry might be a little exaggerated. [Today’s Top Stories ]( Today’s Top Stories [Elon Musk's Twitter blunder]( 👀 Elon Musk must have thought he was so clever when he changed his name to "Mr. Tweet" on Twitter. But there's just one problem: he now can't change it back. The joke refers to a blunder made in a civil trial against him, where Tesla investors are demanding billions of dollars in damages as the result of an infamous tweet he wrote in 2018. In other developments, Twitter is trying to woo business back by "promoting a safe advertising experience for people and brands." It has struck new partnerships in a bid to encourage businesses to return to the social network, with many pulling ads over concerns that Musk's free speech stance and reversal of controversial account bans would attract extremists. [Hackers target Robinhood]( 😱 Hackers took control of Robinhood's social media accounts on Monday, trying to get customers to buy a fake cryptocurrency token called $RBH. They mostly failed however, with less than $8,000 collected from about 25 would-be buyers. Only $1,000 had been collected by the time the post was removed a few minutes later. In a statement, Robinhood said that a "third-party vendor" may have been to blame for the security lapse, while Coinbase director Conor Grogan warned the token was a "honeypot" that users would be unable to buy or sell after purchasing it. One reply to Grogan's post poked fun at the malicious actors behind the stunt, writing: "Imagine hacking Robinhood's Twitter account and only making $1,000 off it." [Nifty founders leave Gemini]( ❌ The founders of Nifty Gateway are departing the Gemini-owned NFT marketplace as its parent exchange reels from the collapse of its crypto lending partner Genesis. Twins Duncan and Griffin Cock Foster founded Nifty in 2018 and sold it to Gemini — owned by twins Tyler and Cameron Winklevoss — in 2019, well before the NFT market exploded in 2021. In a Twitter thread, Duncan said the move was because he and his brother "are founders at heart" and want to start a new company — although their immediate plans are a break and then begin "brainstorming new startup ideas." The departure had been in the works "for months" he said, and they plan to "publicly outline a roadmap and a plan for the future of Nifty" within a few weeks. [Crypto ad ban in Ireland?]( 🇮🇪 The governor of Ireland's central bank is calling on politicians to ban crypto ads targeting young investors. Gabriel Makhlouf told a parliamentary committee unbacked cryptocurrencies have "no social value whatsoever" and are "essentially a Ponzi scheme." Likening these investments to gambling, he warned: "There's a reasonable number of young adults who have put their money into crypto and there is an uncomfortable level of advertising that is targeted at that cohort." Makhlouf is not alone in that opinion. A year ago, the Monetary Authority of Singapore effectively banned all crypto ads in public places and online, limiting cryptocurrency marketing to companies' own websites and social media accounts. [Adoptable dogs in metaverse]( 🐶 A dog food maker is bringing avatars of rescue dogs to the Decentraland metaverse where they can be fostered as virtual pets and, hopefully, taken home from their shelters in the real world. Pedigree Fosterverse offers Decentraland "land" owners 3D NFT pooches based on real dogs looking for homes. Beyond that, anyone in the blockchain-based metaverse can interact with the virtual pets to learn more about their real-life counterparts' background and adoption status. The Fosterverse works with Adopt a Pet, an online adoption portal that connects people with shelter and adoptable animals by breed and location, including all U.S. states and Canadian provinces. Dogs ranging from akitas to Yorkshire terriers can be found on the platform. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Molly Zuckerman and Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? 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