Ep 20 - Tesla's Bitcoin Green Light, Cuban's Costly Lesson, and Solana's Sell-Off: Today in Crypto
Cryptolog Newscast18 Syys 2023

Ep 20 - Tesla's Bitcoin Green Light, Cuban's Costly Lesson, and Solana's Sell-Off: Today in Crypto

Cryptocurrency Updates & Warnings

  1. Tesla's Bitcoin Move: Tesla is set to accept Bitcoin payments again as sustainable practices now constitute half of the cryptocurrency's mining. The company maintains a stash of 9,000 bitcoins, reflecting its confidence in the digital currency.

  2. TikTok Scams: A surge in fraudulent Elon Musk cryptocurrency giveaways on TikTok highlights the platform's vulnerability. Users are urged to be cautious of deceptive offers and always verify independently.

  3. North Korea's Digital Theft: The Lazarus Group, a hacking entity linked to North Korea, is suspected of a $31 million theft from the CoinEx crypto exchange, indicating the heightened risk of cyber attacks on digital platforms.

  4. Solana's Decline: Cryptocurrency Solana faces potential devaluation, with an anticipated drop to possibly $14. However, there remains long-term optimism about its intrinsic value.

  5. Mark Cuban's Loss: Mark Cuban lost $870,000 due to a compromised version of the MetaMask crypto wallet. This incident emphasizes the need for strict cybersecurity practices in the digital investment domain.