Home / 2022 / January / 09

Daily Archives: January 9, 2022

An Open Letter On Bitcoin To Tesla And Elon Musk

Dear Tesla and Elon Musk, In February 2021, Tesla became an industry leader in Bitcoin by accepting payment alongside Microsoft, PayPal, Starbucks, Overstock and Twitch. As Bitcoin users and supporters, we were obviously disappointed in May when Tesla announced that it would no longer accept bitcoin and only accept fiat …

Read More »

Bitcoin As A Divine Idea

Source: @Metamick14 Bitcoin As Divine Bitcoin is divine. And with all things divine, us humans form religions that try to understand the divine and venerate it, especially because of the difficulty of comprehending it in full. There is extensive literature that describes Bitcoin as a living organism (Gigi, Quittem). These perspectives …

Read More »

Pakistan to investigate Binance for multi-million dollar crypto scam

Pakistan‘s Federal Investigation Agency (FIA) reportedly issued a formal notice to crypto exchange Binance in an effort to identify links around a multi-million crypto scam in the region.  The government of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending …

Read More »

LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain

Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform.  The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20 tokens from LXC to an unknown Ethereum wallet. …

Read More »