All eyes are on Bitcoin (BTC), crypto's largest coin by market cap, and Tesla, a future-centric car company run by eccentric billionaire Elon Musk, thanks to a standout year for both assets. Tradable equity in Tesla, under the ticker TSLA, has captured more of the American public's attention than any other investable asset, according to July figures from financial charting platform TradingView, posted on Aug. 13. Bitcoin held the spotlight as the second most popular asset charted on the platform. TradingView also pointed out that Bitcoin interest is on the rise specifically in Washington, California and Oregon. "The west coast …
The Winklevoss Twins suggested that Bitcoin (BTC) is a better investment than gold because the metal’s supply will increase after Elon Musk starts mining asteroids. In an interview with internet personality and Barstool Sports founder David Portnoy, the Winklevoss Twins claimed that Bitcoin is a better investment than gold because gold does not have a fixed supply: “There’s billions of dollars of gold floating in asteroids around this planet, and Elon [Musk] is gonna get up there and start mining gold. [...] That’s why gold is a problem, because the supply isn’t fixed like Bitcoin.” Portnoy reasonably asked, "Is that, …
Scammers have conned more YouTube viewers into sending them Bitcoin after hacking several more large verified accounts and posting ‘free giveaway’ videos. According to an Aug. 5 tweet posted by Jon Prosser, his Front Page Tech YouTube channel with 262,000 subscribers was hacked by bad actors who changed the name to “NASA [news]” and began live streaming a fake Bitcoin (BTC) giveaway video featuring SpaceX’s Elon Musk. “Hackers have made $4,000 in Bitcoin so far,” said Prosser. “YouTube tells me I need to fill out a form and wait ‘a few weeks.’” Seven years’ worth of Front Page Tech’s videos …
More than 1,000 Twitter employees and contractors had access to the internal admin panel that enabled last week’s Twitter hack of 130 high profile accounts. According to Reuters on July 24, two former employees have shed light on just how vulnerable Twitter’s security was — and may still be. They said that, in addition to employees, contractors like Cognizant could also have access. Former chief security officer at AT&T Edward Amoroso, told Reuters that such powerful controls should not be available to so many people. “That sounds like there are too many people with access,” he said, adding that staff …
Over the years, it has become a known fact for anyone dealing with cryptocurrencies that scams are running rampant. However, as more novice players enter the market, more scammers up their tactics to take advantage of unsuspecting Bitcoin enthusiasts with fake Bitcoin giveaways and other elaborate schemes. Recently, a new bout of scammers has emerged with even more sophisticated and aggressive tactics. As evident through most reports, the scammers are taking advantage of popular social media platforms like YouTube and Twitter to capture their victims. For instance, on July 13 Charles Hoskinson who is the founder of Cardano warned about …
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Elon Musk, Kanye West and Bill Gates’ Twitter accounts hacked by Bitcoin thief This week, Twitter and Bitcoin suffered a PR disaster. In a coordinated, ambitious attack, about 130 high-profile accounts were hijacked. Top celebrities, entrepreneurs, politicians, businesses and crypto exchanges were affected. Many posted similar tweets that promised followers that Bitcoin payments sent to …
Twitter vows to add more security training and measures as the fallout from Wednesday’s wide-scale hack on the social platform continues. Twitter said in a statement that it is continuing its investigation into the hack while it looks to provide more company-wide security training against social engineering tactics. This will be in addition to cybersecurity coaching they get during onboarding and ongoing phishing exercises. About 130 accounts were compromised on Wednesday when hackers took over prominent Twitter accounts in a Bitcoin hoax. Those compromised included Elon Musk, Kanye West, Bill Gates, former vice president and current presidential candidate Joe Biden, …
July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping unwary users into a Bitcoin giveaway hoax. The event grabbed media attention, as some of the world’s most notable companies, politicians and business leaders had their accounts compromised before sharing similar messages touting a Bitcoin (BTC) giveaway that required users to send coins to an address before receiving double that amount back. The likes of Tesla founder Elon Musk, former United States president Barack Obama, 2020 U.S. presidential candidate …
Elon Musk, the CEO of Tesla and SpaceX, posted a sarcastic tweet about the meme cryptocurrency Dogecoin (DOGE). It is not the first time Musk has trolled the crypto and Bitcoin (BTC) communities with humorous remarks. He tweeted “it’s inevitable,” with an image showing the “dogecoin standard” dwarfing the global financial system. Elon Musk tweets a Dogecoin meme. Source: Elon Musk Twitter Responding to a sarcastic tweet asking Musk for lost Bitcoin, Musk wrote: “Excuse me, I only sell Doge!” The price of DOGE rose by 14% on the day. Source: TradingView.com After Musk’s viral tweet, the price of Dogecoin …
Earlier this morning, a large-scale Twitter attack took over some of the most powerful verified Twitter accounts including Joe Biden, Elon Musk, Bill Gates, Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack Obama, and Jeff Bezos. The attacker has posted about fake giveaways from the compromised accounts, asking for Bitcoin (BTC) payments and promising to send back double the amount received. Official Responses Many of the accounts were quick to respond to the hack with the Tweets being deleted and Twitter temporarily locking down all verified accounts until the situation has been resolved. Twitter Support said: “We …
Elon Musk’s Twitter account was apparently hijacked today following a series of attacks on cryptocurrency-related accounts, including major exchanges such as Binance, and U.S.-based Coinbase, and Gemini. Other handles compromised included the @Bitcoin Twitter account. Musk’s account pinned a tweet to his feed at 4:17pm ET which suggested that the entrepreneur would double any Bitcoin sent to a wallet address. Musk has, in the past, discussed cryptocurrencies on his Twitter feed, suggesting that he owns 0.25 Bitcoins. Scammers have been known to use this technique to dupe Bitcoin owners into sending irreversible transactions to a digital wallet. Bill Gates’ account …
Tesla’s eccentric CEO and co-founder, Elon Musk directly referenced Ethereum (ETH), saying he is not for or against the network. “I’m not building anything on ethereum. Not for or against it, just don’t use it or own any,” Musk revealed in a July 2 tweet. The tech mogul responded to a movie star’s crypto tweet Musk’s tweet came in response to a July 2 tweet from movie star William Shatner. “Cryptonians!” Shatner said, addressing the crypto community, adding: “My friends Vitalik Buterin and Elon Musk were trying to decide what to build on Ethereum. I’ve been waiting and waiting. I …