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Crypto News Today, October 18: Gold Dumped as Bitcoin Price Reverses | Is Wealth Rotating to BTC USD?

Although not many news outlets are reporting it today, we’re seeing a curious twist as gold prices are falling, down more than 2% from roughly $4,390/oz to as low as under $4,200. At the same time, the Bitcoin price (BTC USD) is holding steady just under $107,000, with a 1.6% daily gain. Trading volumes for … Read more

Delta settles class action claims it dumped fuel near LA schoolyards for $79 million

Delta Air Lines has agreed to pay $79 million to settle a class-action lawsuit filed in 2020 after one of its airplanes that was experiencing engine trouble dumped its fuel over schoolyards and densely populated neighborhoods near Los Angeles. The Delta jet had departed from Los Angeles to Shanghai on Jan. 14, 2020 when it needed to … Read more

The Coast Guard dumped 40 tons of drugs worth nearly half a billion dollars onto a dock in Florida

The U.S. Coast Guard seized more than 75,000 pounds (34,000 kilograms, or 37.5 tons) of illegal drugs this summer from boats far out to sea in the Pacific and Caribbean, which the service called its largest-ever haul worth nearly half a billion dollars. The Coast Guard worked with the Department of Defense on these seizures, catching 19 … Read more

Tesla dumped 75% of its bitcoin at one of the worst times

Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck. The company’s digital assets are currently valued at $1.24 billion. That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market … Read more

Hooters was dumped by its NASCAR team and sued for only hiring ‘Hooters Girls’ to serve customers. Now it’s filed for bankruptcy

Hooters, the U.S.-based restaurant chain known for chicken wings and “Hooters Girls” skimpy wait-staff outfits, has filed for bankruptcy protection. HOA Restaurant Group filed the motion for Chapter 11 protection Monday in the North Texas Bankruptcy Court in Dallas. The company ran into financial woes as its debts mounted, but it says it intends to … Read more

Binance Identifies Movement Crypto Market Maker That Dumped $38 Million MOVE Tokens

Binance has pinpointed a market maker for the MOVE token. The company claims it dumped 66 million tokens post-Movement launch, securing $38 million in profit as a result. Surprisingly, the Movement Network Foundation said that it was unaware of the market makers’ activity. But the foundation will use the recovered funds for a buyback program … Read more

These Robots Are Recovering Dumped Explosives From the Baltic Sea

When I spoke with Guldin in December, after the first stage of the pilot had finished, he sketched a rough vision of what this work could look like in the not-too-distant future. Robotic crawlers equipped with cameras, powerful lights, sonar, and upgraded grabber systems might be used to pick up munitions more efficiently than the … Read more

Grimes Says She ‘Bounced’ From Elon Musk, Didn’t Get ‘Dumped’

Elon Musk and Grimes. Photo by Tim Mosenfelder/Getty Images) Grimes claimed she was the one who walked away from her failed relationship with Elon Musk. The singer (real name Claire Elise Boucher) made the comments in response to a Tweet directed at her by Azealia Banks posted via X on Thursday, December 26. Referencing a … Read more

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