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Biden and Obama's Twitter was hacked, requesting deposit Hackers broke into Twitter of celebrities like Biden and Obama on July 15, asking followers to deposit money into a bitcoin account.
The fraud targeted the Twitter accounts of tech tycoons, politicians and big companies, including Joe Biden, Barack Obama, Mike Bloomberg, and Kanye West, Amazon CEO Jeff Bezos and Microsoft co-founder Bill Gates. and Tesla CEO Elon Musk.
Democratic presidential candidate Joe Biden at an event in Wilmington, Delaware, September 2019. Photo: Reuters.
The tweets, most of which were removed from the above accounts, told people that they had 30 minutes to deposit $ 1,000 into a bitcoin account in order to receive it twice as much.
"This is a scam, don't get involved," Bitcoin Gemini co-founder Cameron Winklevoss warned in a tweet from his official account. Comments and posts at Twitter show that thousands of dollars of bitcoin could have been sent to the fraudsters' accounts.
Twitter said it was working to fix a "security problem". "We are investigating and taking steps to fix this problem. We will update the situation to everyone immediately," the social network wrote in a tweet.
Biden's campaign team said that Twitter locked the account for a few minutes and deleted the related scams.
Bezos, Gates and Musk are among the 10 richest people in the world, with tens of millions of followers on Twitter.
The scam tweet posted on Democratic presidential candidate Joe Biden's account. Screenshots.
Hello, dear Community!submitted by rokkex to Rokkex [link] [comments]
Are you ready for last week's news review? Say no more!
The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session.
Cybersecurity researchers have revealed eye-opening details about a widespread Android malware campaign wherein attackers silently replaced installed legitimate apps with their malicious versions on nearly 25 million mobile phones.
Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States.
Tyler and Cameron Winklevoss, co-founders of the New York-based crypto exchange Gemini, may soon join the Libra Association, the consortium governing Facebook’s proposed cryptocurrency.
Bitcoin (BTC) bolstered its already bullish technical setup with a move above $13,000 on Wednesday.
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Cryptocurrency lending startup BlockFi has launched a crypto deposit account that provides compound interest.
Announcing the news on Tuesday, the firm said that the BlockFi Interest Account (BIA) is now live and offers customers an annual interest rate of 6 percent, paid on a monthly basis in cryptocurrency. That monthly interest is then compounded to produce a 6.2 percent annual percentage yield or APY.
“It helps crypto investors grow their wealth with one of the most powerful tools in finance – compound interest,” Brad Michelson, director of marketing at BlockFi told CoinDesk.
Users from across the globe can deposit either bitcoin (BTC) or ether (ETH) to earn interest from the offering and can withdraw their funds at any time, BlockFi said.
Account holdings are custodied at the Gemini Trust Company, co-founded by Cameron and Tyler Winklevoss, according to the announcement. Gemini Trust is regulated by the New York Department of Financial Services and also offers insurance coverage for the digital assets it holds in custody.
While the BIA looks rather like the crypto version of a traditional savings account, Michelson told CoinDesk that the product “doesn’t come with the backing of the federal government like a savings account at a bank does.”
The executive further said that, as BlockFi’s business also includes providing crypto loans to institutions, it can still afford the interest paid out, even if the prices of bitcoin and ether fall. “We charge more to the institutions borrowing the crypto from BlockFi then we pay to depositors,” Michelson explained.
The BIA was first launched in beta version at the start of this year and already holds over $10 million in assets from retail and institutional investors, according to the firm’s figures.
Back in December, BlockFi raised $4 million in a round that was led by Akuna Capital, with participation from Mike Novogratz’s Galaxy Digital Ventures and Anthony Pompliano’s Morgan Creek Digital, among others.
It also raised $52.5 million last July, in a round led by Galaxy Digital, and further secured $1.55 millionearly in 2018 with backing from ConsenSys Ventures, SoFi, Kenetic Capital and others.
Deposit box image via Shutterstock
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The Winklevoss-owned Gemini crypto exchange is adding support for bitcoin cash (BCH), the firm announced Friday.
Specifically, the New York-based startup is only supporting the fork of bitcoin cash based on the Bitcoin ABC roadmap, and not the alternative version, “Satoshi’s Vision” (SV). The difference arises after a controversial hard fork last month when the bitcoin cash network split into two different and competing blockchains with their own tokens.
The exchange has added replay protection to ensure that transactions are only valid on the one network, wrote engineering VP Eric Winer.
“Any cryptocurrency sent to Gemini over a blockchain that we do not support, such as Bitcoin SV (BSV), will be invalid and irrecoverable,” he said, adding:
“We are continuing to evaluate Bitcoin SV over the coming weeks or months, and we may or may not choose to support withdrawals and/or trading of Bitcoin SV in the future.”Gemini added that the New York State Department of Financial Services (NYDFS) has approved the bitcoin cash listing, allowing the exchange to offer both trading and custody services to its customers in the state. The agency had not yet made an announcement regarding its approval at press time.
Starting Saturday at 14:30 UTC, customers will be able to begin depositing bitcoin cash into their accounts, with trading support starting on Monday at 18:00 UTC. At launch, the exchange is offering BCH trading pairs with U.S. dollars, bitcoin, ether, litecoin and zcash.
It joins a number of other exchanges in listing bitcoin cash ABC as bitcoin cash, including Kraken and Coinbase, while Poloniex still lists ABC and SV as separate coins.
Gemini first announced it was looking into adding bitcoin cash in March, prior to the hard fork. At the time, founders Cameron and Tyler Winklevoss also cited litecoin as a potential addition. The latter coin was officially listed in October.
Cameron and Tyler Winklevoss image via JStone / Shutterstock
Bitcoin entrepreneurs and Gemini founders Tyler and Cameron Winklevoss have been ordered to pay USD 45,000 in legal costs in an ongoing case from 2013 against convicted BitInstant owner Charlie Shrem.. The payment relates to a lengthy court case in which the Winklevoss twins had instigated an investigation and asset freeze on Shrem concerning money owed to the brothers from a Bitcoin trade ... How to buy bitcoin on Gemini? Gemini is a crypto exchange that allows trading bitcoin (BTC). It actually also allows trading several other crypto assets, which can be bought and sold also for US dollars (USD).. Indeed, it is an American exchange American exchange The agency said it would not approve the first-ever bitcoin ETF because the digital currency isn't "resistant to manipulation." The Winklevoss twins own cryptocurrency exchange Gemini Trust, where ... After a successful “Spot the Gemini Crypto Bus”, the Winklevoss twins –Tyler and Cameron – have launched the #BitcoinBillionaires photo challenge to run for a week. The Winklevoss twins are back in the spotlight following the increased debates on Facebook’s Libra cryptocurrency and Bitcoin’s recent fall in price. Cameron Winklevoss, president and co-founder of Gemini, speaks during a Bloomberg Television interview in New York, U.S., on Tuesday, Dec. 12, 2017. The Winklevoss twins are co-founders of the Gemini... Get premium, high resolution news photos at Getty Images
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