Binance Invests $500M in Twitter with Elon Musk & Gucci Accepts Crypto! [Crypto Espresso 05.5.22]

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• Bill Gates Warns Elon Musk Could Make Twitter ‘Worse’ — as Binance Invests $500M in Takeover

Microsoft co-founder Bill Gates, who has been doing a slew of media interviews for a new book, has given his two cents on Elon Musk’s takeover.

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• Former BitMEX CEO Arthur Hayes Tries to Avoid Jail Time and Asks Judge for Leniency

His legal team has submitted documents including a letter for his mother that requests leniency — months after he pleaded guilty to violating the Bank Secrecy Act.

• Gucci to Accept Bitcoin, Dogecoin and Shiba Inu at All U.S. Stores By End of the Summer

According to Vogue Business, customers who want to transact using crypto will be emailed a QR code — enabling them to complete a transfer from their wallet.

• Major Speakers Unveiled as CoinMarketCap Hosts Crypto Conference in the Metaverse

The Capital 2022 is going to take place virtually on May 26 and 27, and will delve into Web3’s most successful use cases for blockchain adoption.

• Jump Crypto Defends Itself After Taking Legal Action Against Pensioner Who Owns

The company says it “tried everything possible to get this resolved amicably” — but is going through the courts after a 79-year-old reneged on two binding agreements.

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