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| July 17, 2018

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Elon Musk Calls Key Player in Thai Cave Rescue a ‘Pedo’

July 15, 2018 |

Elon Musk reportedly went on a Twitter rant Sunday against a key player in the recent rescue of 12 boys and their soccer coach from a cave in Thailand. According to Vox.com , the billionaire investor called British cave diver Vernon Unsworth “pedo guy” as part of a series of…
Newser

Elon Musk Promises to Fix Flint Water Contamination

July 12, 2018 |

He sent a sports car to space , but can he fix Flint’s water crisis? Elon Musk says the answer is yes. In response to a request on Twitter Wednesday, the Tesla and SpaceX CEO promised that he would deal with the scandal in the Michigan city, where the water supply…
Newser

The Daily: Google Founder Is a Crypto Miner, Elon Musk Impressed by Scambots

July 11, 2018 |

The Daily: Google Founder Is a Crypto Miner, Elon Musk Impressed by Scambots

In today’s edition of Bitcoin in Brief we cover why Google founder Sergey Brin has become a crypto miner, and why Elon Musk is impressed by crypto scambots on Twitter. Additionally covered are a new response from Fcoin regarding recent allegations and a $ 100 million venture capital fund for blockchain startups in Israel.

Also Read: Opera Browser Introduces a Built-in Cryptocurrency Wallet

Google Founder Is a Crypto Miner

The Daily: Google Founder Is a Crypto Miner, Elon Musk Impressed by ScambotsSergey Brin, one of the two founders of Google and current president of its parent company Alphabet, took part in a blockchain conference in Morocco a few days ago and revealed that he is a crypto miner. With a net worth of over $ 50 billion, Brin has no need for an extra income, but he started mining to further his son’s knowledge about the technology and got hooked himself. “A year or two ago my son insisted that we needed to get a gaming PC,” Brin said. “I told him If we get a gaming PC we have to mine cryptocurrency. So we got an ethereum miner on there and we’ve been making a few pennies and dollars since.” He added: “That definitely got me interested and I started to study the technology behind it and found it to be fascinating.”

Elon Musk Impressed by Scambots

The founder of Tesla and Spacex, Elon Musk, knows how to recognize great tech when he sees it. Twitter is infested by scams that automatically reply to messages by high profile accounts with promises of giveaways while mimicking them in every possible way. This phenomena has spread from just crypto influencers to even people such as the original Captain Kirk, William Shatner. Musk has taken note of this and he seems to be very impressed with the scammers. He said: “I want to know who is running the Etherium (sic) scambots! Mad skillz …” The geniuses behind these might want to reach out to Musk to seek work on getting humans to Mars, developing a self-driving car, or even preventing an AI takeover of the Earth. Sounds more challenging than taking money away from fools, no?

Fcoin Denies Fake Volume Bots

Speaking of bots, Fcoin, which was previously pilloried for slowing the ethereum network, has came under fire from critics with new accusations of employing bots to drive up its exchange volume. The team denied this to us, saying: “Just like Bitcoin cannot control miners’ activity, FCoin cannot control the mining activity of the community. With that said, FCoin doesn’t encourage bot-trading on the platform. The ‘Trans-Fee Mining’ model is designed in a way that it eliminates such possibilities…FCoin doesn’t hire or own bots to increase the trading volume. As far as fake volume is concerned, FCoin cannot indulge in such practices. It simply doesn’t make any sense to create fake volume and use our own funds to reimburse the 100% transaction fee.”

$ 100 Million for Blockchain Startups in Israel

The Daily: Google Founder Is a Crypto Miner, Elon Musk Impressed by ScambotsIsrael might not be the most welcoming of cryptocurrency environments, but its specialized tech and cryptographic talent continues to attract venture capital. Benson Oak, an investment bank which raised over $ 5 billion for young technology companies such as AVG, has announced it has already secured $ 25 million in commitments for a new $ 100 million fund. Benson Oak Ventures is said to be focused on Israeli startups, with an emphasis on blockchain technologies. Managing partner Robert Cohen said: “I believe that there are great entrepreneurs in Israel who are leading the platforms of the future, with creating and disruptive use of blockchain technologies. I moved to Israel six years ago, and with a passion to build companies, I have established Benson Oak Ventures as a new platform to provide financial and operational capital to the best entrepreneurs in Israel and around the world.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below. 


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Bitcoin News

Elon Musk’s Idea to Save Thai Boys: Make a ‘Bouncy Castle’

July 6, 2018 |

Initial elation at finding 12 boys and their soccer coach in a Thai cave has since turned to concern at not being able to immediately extract them, and sadness after a diver bringing supplies died during his exit . Now, per the BBC , renewed hope joins those emotions after Tesla and…
Newser

Elon Musk’s troubled love of a magical unicorn

June 30, 2018 |

Elon Musk has an almost Trumpian ability to court controversy. This time he’s dug in with an artist in the Colorado mountains and one of his prized creations: a unicorn who uses his magic to power an electric car.

Tom Edwards has been a potter for 40 years, handcrafting whimsical mugs, plates and…


L.A. Times – Business

Elon Musk Races to Exit Tesla’s ‘Production Hell’

June 29, 2018 |

Entrepreneur’s electric-car company is at a crucial moment in its quest to mass produce the Model 3 and transform from an unprofitable niche player into a major auto maker; ‘They also said we couldn’t land rockets.’
WSJ.com: What’s News Asia

Elon Musk Is Arguing About an Image of a Farting Unicorn

June 28, 2018 |

Elon Musk has switched his attention from rooting out saboteurs to arguing on Twitter about the rights to an image of a farting unicorn. The saga began in February last year, when the Tesla CEO tweeted an image of one of Colorado potter Tom Edwards’ mugs, featuring a unicorn farting…
Newser

Elon Musk: Rogue Employee Carried Out ‘Extensive Sabotage’

June 19, 2018 |

Never a dull moment for Elon Musk: The Tesla CEO warned all employees Monday that a saboteur inside the company had caused “quite extensive and damaging sabotage to our operations,” reports Reuters . “This included making direct code changes to the Tesla Manufacturing Operating System under false usernames and exporting large…
Newser