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bitcoin

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Hacker streams old Elon Musk interview about cryptocurrency in latest South Korean government YouTube hack

  • Government of the Republic of Korea, the official YouTube channel of the South Korean government, has been restored following a hacking incident over the weekend, the Ministry of Culture, Sports and Tourism said in a statement on Sunday.
  • "At 3:20 a.m., the channel name and profile picture were altered and a live video was played on the account," the statement read. “The attack was brought to our attention at 6 a.m. and the channel was restored around 7:20 a.m."
  • The hacker streamed a video of SpaceX CEO Elon Musk’s interview with Bloomberg at the Qatar Economic Forum in June, where he talked about Twitter acquisition and cryptocurrencies such as bitcoin and Dogecoin.
  • The recent hacking is the latest in a string of incidents involving YouTube channels of South Korean government agencies.
  • A cryptocurrency videos was streamed on the channel of the National Museum of Modern and Contemporary Art (MMCA) on Aug. 29. The channel of the Korea Tourism Organization (KTO) was also targeted last week.

Officials confirmed that they have restored Government of the Republic of Korea, the official YouTube channel of South Korea’s government, after a hacker took control of their account and streamed an Elon Musk interview about cryptocurrency over the weekend.

The hacking incident reportedly occurred at around 3:20 a.m. on Saturday when the YouTube channel’s name was changed to “SpaceX Invest” by an unidentified hacker. The channel, which has more than 263,000 subscribers, mainly publishes videos about current policies and events.

Neopets hacker steals 69 million accounts and offers them online for Bitcoin

NEOPETS ACCOUNT SELLING
  • A hacker known as “TarTarX” has stolen 69 million Neopets accounts ransom in exchange for four Bitcoins worth approximately $86,339.
  • The company is currently working with law enforcement and conducting an investigation.
  • Neopets recommended that users immediately change the passwords of their accounts as well as those of other websites that may use the same password.

A major data breach compromised 69 million Neopets accounts, with the hacker offering to sell all of the users’ info and accounts for four Bitcoins worth approximately $86,339.

Neopets released an announcement on July 20 informing millions of users that their accounts may have been affected. 

‘It’s great to invest, but invest smartly’: Jimmy O. Yang explains why he turned down crypto promotion offers

  • Jimmy O. Yang revealed that he has turned down multiple paid cryptocurrency promotion offers in the past, fearing that his endorsements might influence his fans to pursue unsafe investments.
  • “Especially with something like crypto, it's important to [ask] ‘Is it going to hurt the financial well-being of my fans and people who follow me?’” Yang, 35, told Motherboard. “For me as an actor, looking at endorsement deals, it's like, ‘Is it gonna make me look like an asshole?’”
  • “These are very hardworking American people who don't earn a high income and who are less versed in technology,” Yang’s partner Brianne Kimmel, the founder of Worklife Ventures, was quoted as saying. “To promote a cryptocurrency where they could lose everything is really not a position either of us want to be in.”
  • Kimmel shared some of the experiences of their artist and comedian friends who turned to crypto amid the COVID-19 pandemic to make up for lost income.
  • Risking their savings after hearing “through the grapevine” that the crypto market would blow up, Kimmel shared that some of their friends had lost “50 or 60 percent of what they have through an unknown currency.”

Although he finds the crypto space exciting, Jimmy O. Yang revealed that he has turned down multiple paid cryptocurrency promotion offers in the past, fearing that his endorsements might influence his fans to pursue unsafe investments.

Speaking to Vice’s Motherboard, the 35-year-old comedian and actor admitted he and his partner, venture capitalist Brianne Kimmel, have always been careful about getting into endorsement deals, particularly when it involves cryptocurrencies.

Hong Kong billionaire Calvin Lo reveals why he has no plans to invest in crypto

  • R.E. Lee International CEO Calvin Lo, whom Forbes has estimated to have a net worth of $1.7 billion, revealed in an interview with Tatler Asia why he’s not investing in cryptocurrencies.
  • Lo said that a friend urged him to buy Bitcoin five years ago when it was still trading at $6,000, telling him it will eventually be valued at over $10,000.
  • “The volatility is attracting a lot of people but the same reason is deterring me,” Lo was quoted as saying. “I’m from an insurance background and I’m a bit cautious of something that looks too good to be true. People who invest with us and trust us don’t want us to go into these fancy instruments.”
  • At age 46, Lo is now reflecting on his legacy and has instead focused on philanthropy and has set up the non-profit think tank “The 195 Project.”

Hong Kong-based reclusive billionaire Calvin Lo, CEO of life insurance brokerage firm R.E. Lee International, revealed why he’s not investing in cryptocurrencies.

In an interview with Tatler, Lo explained that his apprehension over digital currencies’ volatility stems from his background in insurance.  

YouTuber Joma Tech signs with ‘Crazy Rich Asians’ backer to make Bitcoin dramedy

  • Google software engineer-turned-YouTuber Jonathan Ma, known online as Joma, has signed a deal with Stars Collective, an entertainment company launched by “Crazy Rich Asians” backer Peter Luo.
  • For his first project, Ma, 32, will create a dark comedy drama about the origins of Bitcoin and Satoshi Nakamoto, the cryptocurrency’s mysterious creator.
  • Ma became a full-time YouTuber six months ago under the channel Joma Tech, producing informative videos and comedic skits for his now more than 1.74 million subscribers.
  • “Jonathan authentically connects to a generation of consumers who think differently and exhibit evolving entertainment consumption habits,” Luo said in a statement. “His following and strong fan engagement is a direct result of his intelligence, likeability, creative acumen, and natural ability to tell stories.”

YouTuber Jonathan Ma has signed a deal with Stars Collective, an entertainment company launched by “Crazy Rich Asians” backer Peter Luo, to make a dark comedy drama about Bitcoin.

The engineer-turned-YouTuber, known online as Joma, was signed by Stars Collective to a managing, development and production deal with the Bitcoin comedy drama as his first project, Deadline reported.

Elon Musk shares conspiracy theory about Bitcoin creator Satoshi Nakamoto in viral tweet

ELON_MUSK
  • In a viral tweet on Wednesday, Elon Musk posted an image suggesting that Satoshi Nakamoto — the pseudonym of the person or people behind Bitcoin — is an amalgam of Samsung, Toshiba, Nakamichi and Motorola.
  • Although several people have claimed to be Satoshi Nakamoto, the identity of the Bitcoin inventor has never been officially confirmed.
  • Musk previously suggested that computer scientist Nick Szabo could be Satoshi Nakamoto, since he was “more responsible for the ideas behind Bitcoin than anyone else.”
  • Suggestions pointing to the Tesla CEO himself have floated around over the years, but he has denied these claims.

Elon Musk has caused a stir online after posting about a Satoshi Nakamoto conspiracy theory, reigniting speculations on the true identity of the mysterious Bitcoin developer.

In a tweet on Wednesday, Musk shared an image suggesting that the pseudonym Satoshi Nakamoto is simply an amalgam of syllables from the brand names of four electronics companies: “Sa” from Samsung, “Toshi” from Toshiba, “Naka” from Nakamichi and “Moto” from Motorola.

Australian man claiming to be Japanese Bitcoin inventor wins $27 billion court case

Australian man who claims to be the real inventor of Bitcoin, Satoshi Nakamoto, wins court battle

Craig Wright, an Australian computer scientist who claims to be Satoshi Nakamoto, the inventor of Bitcoin, has been cleared of six out of seven civil charges during a trial in a Miami court on Dec. 7 that put him up against the estate of his deceased business partner.

Trial and claims: The plaintiff of the civil court case declared that Wright and David Kleiman, a computer forensics expert and Wright’s friend, pre-mined 1.1 million bitcoin together (worth $54 billion), fueling an argument over whether Wright owed half of his assets to Kleiman’s family. 

Thai Actor A‌rre‌st‌ed After Fooling Finnish Man Out of $24 Million in Bitcoin

A popular actor in Thailand was recently a‌rre‌st‌e‌d in connection with an alleged Bitcoin scam, worth almost a billion Thai baht worth of cryptocurrency.

Jiratpisit “Boom” Jaravijit, known for TV roles in hit series such as “Bad Romance The Series,” “Nang Ai,” and “Naew Sutthai,” reportedly worked with six others in luring a foreigner from Finland into wiring 787 million Thai baht (about $24 million) in Bitcoin under a promise of starting a digital currency business together.

Thailand’s Largest Movie Theater Brand Now Accepts Cryptocurrency as Payment

Thailand’s largest movie theater chain will now accept bitcoin and other digital currencies as forms of payment to buy tickets or even snacks.

Major Cineplex, in partnership with Swiss fintech developer RapidzPay, will establish gateways for customers who prefer to use cryptocurrency as a mode of payment. The latter firm will provide corporate and personal payment solutions using decentralized blockchain platform, according to The Nation.

Laotian Adult Film Star Who Got into Bitcoin in Her Teens Now Averaging 1,100% ROI

With cryptocurrency exploding in popularity in recent years, many experts have been summoned by mainstream media to drop their sage wisdom for how newbies can get into crypto investing. This year, Forbes released the world’s first list of the richest people in cryptocurrency, which included early adopters like Brock Pierce, the Winklevoss Twins, and Tim Draper.

But what about regular folks not in the upper echelon of crypto investors? Meet Brenna Sparks, she’s a rising 25-year-old Laotian adult film star who’s racked up quite a fanbase not only because of her content, but for her tech-savvy tips on crypto investing. She was first introduced to Bitcoin in 2009 on the now-defunct online black market Silk Road. She was only 19 at the time.

Singaporean Entrepreneur is Helping Small Farmers Play With the Big Boys

Sentinel Chain is doing something revolutionary and disruptive for the small scale agricultural farmers of the world. The major problem of small farmers is they have a hard time securing financial services based on current stipulations to generate credit.  These small, usually family operated smallholders are a driving force in the largest and most ancient of enterprises, but they need help because they have limited legalized assets. Sentinel Chain intends to provide that relief by building a business to business marketplace that allows the unbanked agricultural community to use livestock as a fungible asset.

“The poor are richer than they think” is the mantra used in Sentinel Chain. What farmers lack in legal recognized capital, they make up in having livestock or ‘dead capital’ which the current financial system does not recognize as a viable asset to obtain financial services like credit and loans. No current financial model has the capacity to recognize livestock as an asset that can used as collateral, and so farmers have a tough time making it through periods of uncertainty. For the poor farmers to unlock their true economic potential, sentinel chain will use blockchain technology to provide registration and insurance for livestock, which would allow the asset to have a clear defined value. By achieving this, the project can: