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Fake Bitcoin Sellers Steal Close to $500K From Victims

Two suspects have been accused of stealing almost $500,000 from unsuspecting victims in fraudulent bitcoin transactions in Hong Kong. Fake It Till You Steal It According to a report by the South China Morning Post on Tuesday (Mar. 23, 2021), the victims, aged 33 and 31, were deceived by two con artists in a fake bitcoin transaction. The cons who posed as bitcoin sellers managed to steal HK$3.85 million ($495,650) from the victims. The...

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Tesla Starts Accepting Bitcoin Payments: BTC Price Spikes $1,000 Immediately

Major Electric Vehicle manufacturer Tesla is now accepting bitcoin payment for its vehicles. As soon as the announcement saw daylight, In a tweet thread on Wednesday (Mar. 24, 2021), Tesla CEO Elon Musk announced that customers could pay for a Tesla vehicle with bitcoin. You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 Elon added that the bitcoin paid for the Tesla would not be converted to fiat, but...

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Latin America’s First Approved Bitcoin ETF to raise $90 Million to Buy BTC

Following the recent approval of QR Capital’s Bitcoin exchange-traded fund (ETF), the Brazillian company is looking to raise $90 million to buy the bitcoin needed before trading commences. Working Towards Acquiring Bitcoin QR Capital made history after Brazil’s Securities and Exchange Commission (CVM) approved its application for a Bitcoin ETF, becoming the first of such in Latin America. As reported by CryptoPotato, the 100%...

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Twitter Hacker Gets a Three-Year Sentence After Pleading Guilty

Graham Ivan Clark, the teenager who was the mastermind behind the hack of various Twitter accounts belonging to high-profile accounts back in 2020, has received a three-year jail term. Twitter Hack Mastermind Serving Time According to a report by the Tampa Bay Times, Clark pleaded guilty to the Twitter hack that happened last summer at a virtual court hearing held on Tuesday, March 16th, 2021, in Florida. Following a deal struck with...