BBC Says Tesla’s Bitcoin Buy Weakens Its Green Credentials

BBC Says Tesla’s Bitcoin Buy Weakens Its Green Credentials

Tesla announced on Monday it had purchased $1.5bn worth of Bitcoin, which boosted the entire cryptocurrency sector. However, some criticized the move due to the added financial risk this imposed on the automaker. Today the BBC joined in with the criticism by saying this undermines Tesla’s environmental credentials. “Critics say electric-car firm Tesla’s decision to […]


Related News

Schools Use Bitcoin Technology to Record Student Credentials

The use cases of blockchain technology have been touted many times, and various education facilities are using this concept to record and verify student credentials. Adding this new layer of transparency will help employers check candidate credentials in the future. It may come as a surprise to learn that various educational institutions are actively....

What it Means to “Own” Your Online Credentials

Googling “What are online credentials?” is quite like taking a shot in the dark. Results may differ across the likes of “banking credentials”, or “one’s online username and password”.  Although these versions are also correct, they only cover the very basics of online credentials. In a more expansive and elaborative sense, online credentials pertain to a user’s online behavioural patterns, looking at how they use an app, analysing different aspects such as how many hours they spend on certain features, which aspects of the app they use most, and so much more. What Are Online....

'Pony' Botnet Steals Digital Currencies From Infected PCs

Hundreds of thousands of computers have reportedly been affected by malware called 'Pony', which is allowing attackers to steal bitcoin and a slew of other digital currencies. The news was reported by a security firm called Trustwave, who notes that somewhere on the order of 85 digital wallets have been stolen - translating to about $200,000. "It is the first time we saw such a widespread presence of this type of malware. It was on hundreds of thousands of machines," Ziv Mador of the company said. It's unclear who exactly is behind the malware, but Trustwave has reason to believe the....

Hacker Sells LinkedIn Users’ Data for Bitcoin

A hacker, going by the name of Peace has put over 117 million LinkedIn user credentials up for sale on a deep web marketplace. LinkedIn, the professional networking site now has millions of users’ credentials in the public domain. These credentials from the beginning of this decade are up for sale on the deep web. Nothing is private or secure on the internet. Whether it is your photos stored on a cloud platform, credit card information, banking details or login credentials for your mail and social media accounts. If they are not compromised already, then they may get stolen anytime. The....

Phishing Website Attempts to Impersonate CryptoCoinsNews

As Bitcoin becomes more popular, so do phishing websites. A phishing website is a website that attempts to impersonate a company to gain information about it, or to steal money. One of the more popular methods of phishing is to make a fake website that looks identical to the real one with only a slightly different URL, and then have the user log in with their real credentials. The phishing site then remembers those credentials and logs in to the real website with that information. The phishing site now has full access to the fooled user's account. One of these phishing sites that became....