$11,000 Bitcoin Just Happened: What’s Fueling the Massive Pump?
Bitcoin briefly traded above $11,400 Monday, the highest in over a year. The largest cryptocurrency has made remarkable gains over the past 48 hours. The overall cryptocurrency market is now worth almost $330 billion. Bitcoin’s price blew past $11,000 Monday for the first time since 2019, signaling the end of a multi-year downtrend and pointing…
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Elon Musk and Bill Gates ‘hacked’ in apparent Bitcoin scam
Image copyright AFP/REUTERS Image caption Kim Kardashian West, Kanye West, Elon Musk, Bill Gates and Barack Obama were all ‘hacked’ Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam.The official accounts of Barack Obama, Joe Biden and Kanye West also…
Twitter says hackers viewed 36 accounts’ private messages
Image copyright Getty Images Twitter has revealed that hackers viewed private direct messages (DMs) from 36 of the accounts involved in last week’s hack.It did not disclose who they belonged to beyond saying one was owned by an elected official in the Netherlands.But the Dutch far-right politician Geert Wilders has told the BBC that this…
Even BlackRock Hasn’t Got a Clue What’s Happening In Growth Stocks
One BlackRock quant fund has given up on justifying stock prices, calling them a mystery. Piling into even frothier valuations is the only game in town on Wall Street. To cryptocurrency traders, the situation is as clear as day. Blackrock, the largest asset manager in the world, may have just inadvertently provided the best justification…
Twitter hack: Exchange ‘blocked 1,000 Bitcoin transactions’
Image caption Elon Musk, Kim Kardashian and Barack Obama are among victims of the hack Crypto-currency exchange Coinbase prevented thousands of pounds worth of bitcoin being transferred to scammers during the Twitter hack, it has said.The attack saw high-profile accounts such as Bill Gates and Joe Biden falsely tweet requests for bitcoin. Coinbase said it…
Twitter Hack Proves Censoring Trump Isn’t Biggest Fake News Risk
The Twitter hack this week shows just how easy it is for someone to post from a verified account. It makes Dorsey’s feud with Trump look like a petty political squabble rather than a genuine attempt to stop the spread of fake news. The attack calls into question the impact of a similar hack on…
Twitter hackers manipulated staff to access internal systems
Image copyright Reuters / AFP Twitter has confirmed hackers made use of tools that were supposed to have only been available to its own staff to carry off Wednesday’s hack attack.The breach saw the accounts of Barack Obama, Elon Musk, Kanye West and Bill Gates among other celebrities used to tweet a Bitcoin scam.Twitter also…
Twitter hack: FBI investigates major attack
Image copyright AFP/REUTERS Image caption Kim Kardashian West, Kanye West, Elon Musk, Bill Gates and Barack Obama were all ‘hacked’ The FBI has launched an investigation after hackers hijacked Twitter accounts of a number of high-profile US figures in an apparent Bitcoin scam.”The accounts appear to have been compromised” to perpetrate cryptocurrency fraud, said the…
Twitter Hack Proves Bitcoin Is Still Only Good for One Thing: Crime
Cybercriminals hacked Twitter and used celebrity accounts to request Bitcoin. Crypto fans are excited about the “publicity,” but the hack shows that the cryptocurrency’s primary use case is crime – not payments. With Bitcoin unable to scale, it’s likely to remain this way for a long time to come. Cybercriminals hacked Twitter, commandeering celebrity accounts…
Twitter hack: What went wrong and why it matters
There are a lot of unanswered questions about the Twitter hack – but one thing most agree on is it could have been far worse. Potentially thousands of people were scammed out of money after hijacked accounts of prominent verified users promised to double the money fans sent them in the cryptocurrency Bitcoin. Using Twitter’s…
Scotland’s papers: ‘Biggest day for Scotland’ as lockdown eased
Image caption Nicola Sturgeon’s comments that Wednesday was the “biggest day for Scotland” as coronavirus restrictions eased make the front page of the Press and Journal. It was Scotland’s biggest step out of lockdown so far, with bars, restaurants and hairdressers reopening. Image caption “Relieved” Scots have been celebrating their new freedoms, The Daily Star…
Nasdaq FOMO Meets Crypto: This Bitcoin ‘IPO’ Could Break the Stock Market
Cryptocurrency exchange Coinbase is gearing up for a public listing. Bitcoin fear of missing out (FOMO) is set to collide with a tech bubble on Wall Street. Sorry Tesla, did the stock market just find its new cult favorite? Coinbase, the $8 billion bitcoin exchange, is planning an IPO to become a publicly-listed company. As…
LOL-Crypto Dogecoin Joins 2020’s Insane FOMO Bandwagon
Dogecoin has risen by 108% in just over two days, after a viral TikTok challenge urged people to buy the cryptocurrency. Its volume has also gone through the roof, led by FOMO and speculative mania. But the pump will inevitably end in a dump, with Dogecoin being an inflationary cryptocurrency. The price of “joke” cryptocurrency…
How the US caught flashy Nigerian Instagrammers ‘with $40m’
Image copyright mrwoodbery Image caption Olalekan Jacob Ponle, known as “mrwoodbery” to his Instagram followers, flaunted his wealth The day after his 29th birthday in May, Olalekan Jacob Ponle posted a picture on his Instagram standing next to a bright yellow Lamborghini in Dubai. “Stop letting people make you feel guilty for the wealth you’ve…
Dave Portnoy Would Be the Perfect ‘Diversity Hire’ for Berkshire Hathaway
Warren Buffett’s value-investing philosophy has received a lot of flak recently. Year-to-date Berkshire Hathaway is down by double-digits. Meanwhile, Dave Portnoy has become the latest internet sensation with his “outlaw” style. The self-declared captain of day traders, Barstool Sports founder Dave Portnoy, has called Warren Buffett “washed up.” He has also claimed to be smarter…
