Elon Musk Reacted to a Message from a Twitter Bot Asking Him for Bitcoins

elon musk

The more any industry is developing, the more it gets surrounded by illegal activities. The cryptocurrency world is no exception. Besides regular and quite frequent exchange hackings and scam ICO projects, there is also such a phenomenon as scam bots on Twitter or some other social networks.

Scam bots are fake accounts which make scam offers or just post some nonsense. In the former case, nothing dangerous can happen. However, if such bots start offering goods or services, they can potentially fool inexperienced investors and steal their money. These bots can also prevent real users from communicating with each other properly.

Very often such bots try to attract attention of celebrities or major business figures. This time the CEO of Tesla, Elon Musk, got involved. A bot devoted a tweet to Musk, asking him to send him Bitcoins.

The entrepreneur commented on this post in a rather jocular manner.

Although, the bot’s tweet did not make any sense, it did achieve the main thing: it attracted attention of such an important personality.

Vitalik Buterin, the founder of Ethereum, was quite upset, because the first time Elon Musk mentioned his platform was in the answer to a scam bot.

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Tesla Released a Home Charger for Electric Vehicles that Connects to a Wall Outlet

An American company, manufacturing electric vehicles and solutions for the storage of electric power, launches a new product – a home charging station.

Wall Connector is Tesla’s first home charging solution. The station can be plugged directly into a wall outlet using the most common high-voltage plug in the United States – NEMA 14-50.

Resource: https://shop.tesla.com/

Advantages of Wall Connector

The new solution offers a faster charge time by 25%, unlike the Gen 2 Mobile Connector from Tesla, which is also compatible with the NEMA 14-50 plug. The Wall Connector provides up to 40 amps to most Tesla cars, while the Gen 2 connector is limited to 32 amps.

An electric car charging station costs $ 500. The kit includes a 24-foot cable, colors – Silver and Gloss Black.

We want to remind you: 

The Shares of Netflix, Apple and Tesla Might Be Switching to Blockchain

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SpaceX is Launching the First Falcon 9 in 2019

Today, January 11 at 07:31 a.m. PST, SpaceX, USA private space company, launches the Falcon 9 rocket, which will be carrying 10 Iridium NEXT satellites. The total project cost is $2.9 billion.

You may check the broadcast of the launch on the stream:

The rocket launch is planned on the Space Launch Complex 4E (SLC-4E) at Vandenberg Air Force Base in California which is located on the coast of the Pacific Ocean, 125 miles to the northwest from Los Angeles, exactly at 7:31 a.m. PST  or 15:31 UTC.

The rocket has the B1049.2 Iridium-8 thrust, which was used on the launch of Telstar 18 VANTAGE satellite on the 10th of September, 2018.

The aim of the rocket is to lead 10 satellites with a total mass of 9,600 kg on a low polar orbit. The weight of each satellite is approximately 860 kg with  3.1 × 2.4 × 1.5 m dimensions.

The measures will be taken for the return of rocket stage on Earth. The landing is planned on the “Just Read The Instructions” drone ship which will be stationed in the Pacific Ocean.

Source: https://www.spacex.com/

Iridium NEXT satellites are communication satellites of the second generation of the Iridium Communications Inc. American company, which are equipped with voice communication and data transmission to mobile devices.

The Iridium NEXT working orbits are located at the altitude of 780 km under 86.4 ° degree decline with a roller ability in six orbital planes for about 100 minutes. The satellites which are already on the orbit will be removed with their combustion in the atmosphere.

In general, duration of the mission will last about 72 minutes. You can track down the timeline of the start here.

The rocket

The Falcon 9 rocket has the following parameters:

  • the height is about 70m.
  • the diameter of a stage is 3,66m.
  • the diameter of a nose cone ( cargo bay) is 5,3m.

The thrust will be provided by nine Merlin 1D engines and one 1D Vacuum engine, they all operate off a mixture of liquid oxygen and rocket kerosene. The rocket fully complies with NASA requirements.

The mission logo:

Source: https://www.spacex.com/

We want to remind you:

“Touch” the Sun or the Main NASA Achievements of 2018

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Swedish Scammers Try to Sell Fake National Cryptocurrency

The main bank of Sweden, Riksbank, is warning its customers and all citizens of the country about the scam cryptocurrency roaming around – a fake e-krona.

On certain websites and in social media, false information is circulating claiming that the Riksbank is selling e-kronas,” is stated on the official site of the bank.

In fact, the project of launching a state-run digital currency appeared back in 2017. This is due to the fact that less and less Swedish people are using physical money when buying things.

Experts say that by 2025 half of all establishments in the country will stop accepting cash.

Meanwhile, the official project of e-kronas is still in the making, a lot of things have to be finished, thus, the Swedish cryptocurrency will not come out any time soon.

Riksbank warns that any person who claims to be selling e-kronas, especially on behalf of the bank, is a fraudster.

We remind you:

The Most High-Profile Scam Projects of 2018

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The CEO of Circle Believes That a Clearer Policy of the SEC Will Cure the Crypto Industry

The CEO of the project Circle, backed up by the major bank Goldman Sachs, Jeremy Allaire started a thread on Reddit together with his co-workers, where they debated the accomplishments of the company in the recent time, talked about prospects for the future and discussed the overall situation on the crypto market.

According to the representatives of Circle, one of the main issues with crypto in the US is the lack of regulatory framework and, most importantly, the inability of the Securities and Exchange Commission to clearly define cryptocurrencies as belonging to a particular type of assets.

We remind you:

The SEC: Unlike ICO Tokens, Bitcoin and Ethereum Can Not Be Securities

There absolutely needs to be more regulatory clarity to really make this fly — in particular around who can issue these, how they can be stored and transmitted, and what markets can allow their trading. There’s a lot of attention on this and we absolutely expect to see these issues resolved and for far more real world experiments to hit the markets this year,” said Jeremy Allaire.

Also, the CEO of Circle claimed that the US should follow the example of France and have a separate kind of taxation for crypto-to-crypto transactions.

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“51% Attack” Hit Ethereum Classic: A Full Analysis Of The Process

As we have reported earlier, Ethereum Classic was hit by 51% attack, it means that hackers obtained more than 50% of network’s mining hashrate.

A Malicious “51% Attack” Hit Ethereum Classic, The Loss Allegedly Accounts For $460 000

Slowmist, Chinese-based blockchain journal, has released a full report on the attack. The earliest hit occured on January 5, the culprit hacked some exchanges, like Bitrue, Coinbase, Gate.io, however, this was noticed only two days later.

The first action was a transfer of more than 5000 ETC from Binance to the criminal’s address 0x24fdd25367e4a7ae25eef779652d5f1b336e31da. This amount of coins moved to a mining node, that created block 7254355. After that, the hacker deposited 4000 ETC to Bitrue exchange in block 7254430, yet, this transaction vanished from the Ethereum Classic chain. Another 9000 ETC was stolen in the same way. The Bitrue address 0x2c9a81a120d11a4c2db041d4ec377a4c6c401e69 no longer exists, and the official history is clear. Though, Bitrue managed to save some records:

The scheme of the hacker attack is simple:

  • make a deposit;
  • withdraw to a safe address;
  • to double coins – just move the coins to other addresses.

One of the biggests victims is Coinbase exchange. It was estimated that the loss from the attack accounts for $1 million. The above-mentioned report also provides the information about two attacker addresses which were blackmailed by Coinbase later. They are:

– 0x090a4a238db45d9348cb89a356ca5aba89c75256
0x07ebd5b21636f089311b1ae720e3c7df026dfd72

In Twitter, one of users (nickname: @OGBTC) claimed that he knew the culprit personally.

https://twitter.com/OGBTC/status/1082559086070136832

Another user (nickname: @sebseb7) indicated that it was he who knew the hacker.

The “51% Attack” is over for now. All we can do is to estimate the losses and to take measures so that it will not happen again.

The report also stated:

“[W]e recommend that all digital asset services platform block transfers from the above malicious wallet addresses. And strengthen the risk control, maintain a high degree of attention, and be alert to double spend attacks that may erupt at any time.”

We remind you:

The Dark Overlord Threatens To Reveal The Truth of 9/11 Attacks Unless Ransom in Bitcoin is Paid

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GMO Will Keep On Mining Bitcoins at a Different Location

One of the world’s largest IT companies, Japan-based GMO has published its monthly report regarding its mining activities and the profits coming from them.

We remind you:

Japanese GMO Releases a Monthly Update: What Has Changed As For Mining?

Based on the December’s document, the revenue from mining cryptocurrency has dropped down  significantly which implies that immediate measures must be taken.

One of the biggest pitfalls of mining is the amount of electricity consumed and its high price. Thus, GMO made a decision to relocate its main mining center into a different area, where electricity will cost way less.

We will relocate the mining center to a region that will allow us to secure less expensive power supply,” reads the report.

Moreover, the company refuted all the rumors regarding its alleged plans of giving up mining completely. Since 2017, when GMO first engaged into mining, it has earned massive profits and still sees potential in crypto.

As we may see in the statistical data, the mining reward for Bitcoin increased a lot in the last month of December, whereas Bitcoin Cash suffered a hard fall. But the crash of the crypto market and Bitcoin in particular could not be controlled by GMO and affected its business quite badly, making it “move houses”.

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