Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Elon Musk, Kanye West and Bill Gates’ Twitter accounts hacked by Bitcoin thief
This week, Twitter and Bitcoin suffered a PR disaster. In a coordinated, ambitious attack, about 130 high-profile accounts were hijacked. Top celebrities, entrepreneurs, politicians, businesses and crypto exchanges were affected. Many posted similar tweets that promised followers that Bitcoin payments sent to a specific address would be doubled. Fraudulent messages were speedily deleted — but on some profiles, such as Elon Musk’s, they quickly reappeared again. Twitter had little choice but to suspend all verified accounts as it struggled to get on top of the breach. It’s estimated the attackers received 375 payments worth $120,000 as a result of the attack, with one Japanese wallet sending $40,000 in BTC. Blockchain intelligence firms have said some of the crypto has been moved and sent through mixing services, and the FBI has launched an investigation.
Twitter hack: “Social engineering attack” on employee admin panels
Twitter hack: The crypto world responds
Bitcoin price charts suggest $9,000 deadlock may finally end next week
PayPal letter seems to confirm crypto capability rumors
“Worthless coin” — McAfee says he never believed Bitcoin would hit $1 million
Brazilian Jiu-Jitsu champion says he lost Bitcoin bought in 2015
Texas man allegedly used $1.1 million in COVID-19 relief funds to buy crypto
Two teens arrested after paying Bitcoin to see livestream murder on dark web
Twitter wouldn’t be hacked if it were backed by blockchain technology
Bitcoin could be the next big inflation hedge
The Cashaa hack: Investigators stay silent as inside job rumors emerge
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