Uber, Twitter Angel Investor Explains Why Bitcoin Is So Important

Bitcoin has undergone strong volatility this year as the pandemic has rocked markets.

Braintrust Raises $18M to Bring DeFi-Thinking to the Gig Economy

Braintrust, a tech talent marketplace that will essentially be owned by the IT freelancers and companies using it, has raised an $18 million strategic growth round.

Startup Backed by Uber Co-Founder Poaches CoinList President Andy Bromberg

CoinList co-founder Andy Bromberg is leaving the token sale platform to helm Eco, a cryptocurrency built to marry savings and spending in one.

BuySellVouchers Indirectly Gives the Opportunity To Shop in the Popular Retail Chains With Bitcoin

It is looking like good times in the retail industry as BuySellVouchers gives a solution that allows users of the platform to shop in the most popular retail chains with cryptocurrency.

Uber’s Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin

Joseph Sullivan allegedly insisted that the hackers sign NDAs in exchange for $100,000 in bitcoin hush money.

Uber’s ex-security head paid $100,000 in Bitcoin to cover up hack, says FBI

In 2016, two hackers demanded a six-figure ransom for stolen personal data of 57 million Uber users and drivers.

Uber’s Former CSO Charged With Covering Up A Hack And Paying $100K In Bitcoin

Uber's former CSO charged with obstruction of justice for covering up a 2016 hack, in which he didn't contact the authorities but paid the hackers the ransom in Bitcoin.

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.

Uber Exec Denies Bitcoin Hush Money Charges

A spokesman for Joseph Sullivan has denied the charges the Uber exec faces for paying hackers $100K in Bitcoin to cover up a data breach. A spokesperson claims “there is no merit” to allegations against former Uber Chief Security Officer Joseph Sullivan, who is now facing charges of obstruction of justice and misprision of a felony. The Department of Justice (DoJ) alleges Sullivan tried to conceal the theft of private information for roughly 57 million users in a hack of Uber.

Uber Exec Allegedly Concealed 2016 Hack With $100K BTC ‘Bug Bounty’ Pay-Off

A former CSO is accused of trying to conceal Uber’s involvement in a 2016 data breach by paying the hackers $100K in Bitcoin. Joseph Sullivan, a former Chief Security Officer at Uber, allegedly tried to cover up a 2016 hack of sensitive data by funneling a hush money payment of $100,000 in Bitcoin through a bug bounty program. The hackers had obtained the drivers’ license numbers of roughly 600,000 Uber drivers as well as private information for roughly 57 million users. According to an Aug.

BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment

$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week. Earlier this week Bitcoin (BTC) bulls and crypto investors were thrilled by the news that MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion, had formally adopted Bitcoin as its primary reserve asset by purchasing 21,454 BTC ($250 million).  This led the majority of top crypto analysts and industry folk to post uber-bullish statements on Twitter and for many this confirmed their belief that Bitcoin is in the early stages of a bull market.  While this news is exciting and a strong sign that institutional adoption of cryptocurrency continues to occur, there is even better news.

Twitter Promises Additional Security Measures

Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities. Twitter vows to add more security training and measures as the fallout from Wednesday’s wide-scale hack on the social platform continues.  Twitter said in a statement that it is continuing its investigation into the hack while it looks to provide more company-wide security training against social engineering tactics.

Crypto Twitter Hack Recap: A ‘Wake Up Call’ for Centralized Platforms

The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it. July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping unwary users into a Bitcoin giveaway hoax. The event grabbed media attention, as some of the world’s most notable companies, politicians and business leaders had their accounts compromised before sharing similar messages touting a Bitcoin (BTC) giveaway that required users to send coins to an address before receiving double that amount back. The likes of Tesla founder Elon Musk, former United States president Barack Obama, 2020 US presidential candidate Joe Biden, Amazon owner Jeff Bezos as well as Microsoft co-founder Bill Gates had their accounts taken over to share similar messages telling users to send $1,000 to an address in order to receive $2,000 in BTC in return. The company Twitter accounts of Apple, Uber and CashApp were also used to share the duplicitous messages.

The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears

On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam.

Massive Twitter Attack: Apple, Joe Biden, Elon Musk, Bill Gates, Jeff Bezos, Uber Tweeting Bitcoin Giveaway Scam

A massive attack hit crypto Twitter on Wednesday as many prominent accounts began tweeting about a bitcoin giveaway.

Bill Gates tweets Bitcoin scam to 51 million followers in latest hack

Bill Gates is the latest victim of a widespread hack that's affecting major Twitter accounts, including Elon Musk, Uber and Apple.

Ride-Hailing Giant DiDi Joins China’s Digital Yuan Project

The world’s second-highest-valued unicorn startup has partnered with the Chinese central bank to work on the forthcoming digital yuan. Chinese ride-hailing juggernaut DiDi Chuxing has joined the digital yuan project, a CBDC developed by the People’s Bank of China, or PBoC. According to an announcement  DiDi shared with Cointelegraph earlier today, the company has entered into “a strategic partnership” with the Digital Currency Research Institute of the PBoC. Together, DiDi and the PBoC’s think tank will reportedly work to bring the DC/EP solution to the former’s large-scale transportation network, which DiDi also refers to as “the world’s largest one-stop on-demand transportation platform.” The statement reads: “Under PBOC’s overall DCEP strategy and operation timeline, DiDi's DCEP taskforce will design and implement pilot DCEP projects in accordance with rigorous safety, security and governance standards.” Primarily known as the Uber of China, DiDi claims to have 550 million users across Asia, Latin America and Australia.

China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency

Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform.

Liquidity Mining is 'Like Uber' Giving Shares to Early Drivers & Riders

DeFi's latest hit is yield farming with millions of dollars worth of tokens distributed each month.

Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’

Jason Calacanis, an angel investor of Robinhood and Uber, says nearly all crypto projects are run by ‘delusional’ founders or idiots. Prominent angel investor and internet entrepreneur Jason Calacanis says 99% of altcoin projects are “gabage” run by unqualified individuals, but holds out hope for the 1% with the power to change the world.   According to a Tweet posted on June 27 by the angel investor behind ridesharing app Uber and crypto trading app Robinhood, nearly all of the crypto projects around the world are under the control of “unqualified idiots” or “grifters” with below-average skills:  Historically, 99% of crypto projects are garbage run by unqualified idiots, delusional but below average founders or grifters...

Uber & Robinhood Angel Investor: 99% of Crypto Projects Are Garbage

In 2017 and 2018, thousands of entrepreneurs were attempting to launch their own crypto project to capitalize on the bubble-like conditions.

Proposing an ‘Uber-Like’ Growth Model for Blockchain Incentives

A DeFi lending platform for cryptocurrency, Kava Labs, could be described as the “Uber of Bitcoin,” as the platform represents an Uber-like business model. Today’s most successful entrepreneurs tapped into their wealth through startup technology companies such as Amazon, Oracle, Facebook and Microsoft.