Tag Archives: bitcoin

Social network Gab back online after bitcoin scam

Gab returned online after the social media network popular with right-wing users took itself down to fix a bitcoin scam. In a Friday blog post, CEO Andrew Torba said Gab took itself offline after several accounts “were posting bitcoin wallet spam and related content.” Fewer than 20 accounts were affected and no bitcoin was transferred, …

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9 great reads from CNET this week

You’re looking to get rich. You could work hard and rise through the ranks. You could invent something that everybody wants or needs. You could marry into the right family. Or maybe you buy some cryptocurrency and look for a quick score. If it’s the cryptocurrency route for you, be careful. The ups and downs can be intense, as we …

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Bitcoin tops $20K for the first time

Bitcoin continues its meteoric rise, for the first time ever hitting a price of more than $20,000. As of Dec. 16 at 12 p.m. PT, the cryptocurrency clocked in at a value of $20,842.90, as reported earlier Wednesday by CoinDesk. Its previous high came on Nov. 30 when it reached a price of $19,850. Bitcoin has been slowly rising throughout …

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Twitter says massive hack was result of spear phishing attack

A massive Twitter hack earlier this month that hijacked the accounts of dozens of high-profile politicians, celebrities and businesses to peddle a cryptocurrency scam was the result of a spear phishing attack, Twitter said late Thursday. To succeed, attackers in the July 15 hack needed both access to Twitter’s internal network as well as employee credentials that granted access to …

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Twitter says attackers accessed inbox of 36 accounts in widespread hack

A week after hackers hijacked dozens of high-profile Twitter accounts including former US President Barack Obama and Microsoft founder Bill Gates, the social media company revealed Wednesday that attackers managed to gain access to the direct messages of 36 of those accounts. The social media company also said the Twitter inbox of one elected official in the Netherlands had been accessed, …

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John McAfee tweets photos of jail stay

John McAfee has tweeted photos of his time in jail this week after being released Wednesday after apparently going missing. “My second arrest in one week – a record I think,” he tweeted alongside one photo of himself sitting under a bed in his cell. Operating his Twitter account Tuesday, his campaign manager Rob Benedicto Pacifico Juan Maria Loggia-Ramirez had said McAfee had been detained …

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Florida city will pay hackers $600,000 to recover from ransomware attack

For three weeks, Riviera Beach, a city of 35,000 people in Florida, had its computer systems held hostage. On Monday, the city council voted unanimously to pay $600,000 in bitcoin to the hackers who caused the problem. After a city employee clicked on a malicious link in an email, ransomware quickly spread throughout Riviera Beach’s computer network, locking it down …

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Pay your AT&T bill with bitcoin

Those still “hodling” their bitcoin after the cryptocurrency crashed in 2017 are slowly seeing a rebound in its value. Now they can even use the crypto to pay their AT&T phone bill. On Thursday, AT&T said it’ll begin accepting cryptocurrency for online bill payments. Customers will see the option when logged on to the carrier’s website or the myAT&T app, and …

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Facebook cryptocurrency being developed in Switzerland, reports say

Facebook may be a little closer to creating its own virtual money for you to send around to your friends. The social network giant has reportedly set up a company in Switzerland to focus on payments and blockchain, the technology powering cryptocurrencies like bitcoin. A Facebook cyrptocurrency would be tied to the US dollar, Swiss publication Handelszeitung said, and could therefore remain stable …

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Facebook’s reportedly recruiting for a cryptocurrency

Facebook is gathering support for its cryptocurrency-based payments service, a report said. The social network talked to Visa, MasterCard and other financial and e-commerce companies about backing the endeavor codenamed Project Libra, according to the Wall Street Journal, which cited unnamed sources. Back in December, a report suggested that Facebook is working on a US dollar-linked digital currency that’ll let …

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