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Elon Musk Bitcoin 72 Million

Elon Musks Spacex Raises An Extra Us$100 Million And Is Now Worth An Estimated Us$21.5 Billion

Elon Musks Spacex Raises An Extra Us$100 Million And Is Now Worth An Estimated Us$21.5 Billion

Elon Musks SpaceX raises an extra US$100 million and is now worth an estimated US$21.5 billion Elon Musks SpaceX raises an extra US$100 million and is now worth an estimated US$21.5 billion Musk has grand ambitions for SpaceX including a mission to Mars in a few years PUBLISHED : Tuesday, 28 November, 2017, 4:59pm UPDATED : Tuesday, 28 November, 2017, 5:01pm Elon Musks SpaceX has raised another US$100 million as part of its latest funding round, according to new regulatory documents. In August, the space exploration company sold US$349.9 million worth of shares, a Securities and Exchange Commission (SEC) filing showed. That amount has now risen to US$449.9 million, a new filing showed on Monday, adding an extra US$100 million onto the current fundraising effort. The latest injection of cash values SpaceX at US$21.5 billion, according to Equidate, a platform that facilitates the trading of shares in private technology firms. SpaceX was not immediately available for comment on the valuation when contacted by CNBC. SpaceXs SEC filing did not disclose the investors. Musks space company has been ramping up its rocket launches. SpaceX has developed rockets that are able to take off, deliver a payload into space, then land back on a droneship stationed in the Atlantic. The company says this helps reduce the cost of space missions as well as increasing the number that are able to take place. Earlier this year, SpaceX President Gwynne Shotwell told Reuters in an interview that the company was aiming to launch missions every two-to-three weeks. As well as regular launches for large customers, Musk has bigger ambitions. In May, SpaceX laid out plans to put 4,425 satellites into space to provide high-speed internet. Musk plans to start this in 2019. And the billionaire eventually Continue reading >>

Bureau Of Meteorology Apologises For Running Scam Ad About Elon Musk

Bureau Of Meteorology Apologises For Running Scam Ad About Elon Musk

Bureau of Meteorology Apologises For Running Scam Ad About Elon Musk Australias Bureau of Meteorology (BOM) has been left red-faced afterhostinga ad for a fake news story about Elon Musk leaving Tesla to invest in a new Bitcoin venture. The scam ad, which was noticed by the ABC , started appearing on the BOM site in January. It clicks through to a fake CNN-branded story claiming that Musk invested over US$72 million in a new start-up called The Bitcoin Code, which links to a scam site. The weather bureau apologised for the ad, describing it as unacceptable. BOM has also suspended the third-party company which served the ads, according to the ABC. It turns out that the BOM website isnt the only one the scam ad has featured on, with Bloomberg also falling victim to it. You cannot make this stuff up. A Bloomberg article just served me a fake ad for a fake news story on a fake CNN Tech website about Elon Musk leaving Tesla to start a Bitcoin trading venture. pic.twitter.com/dxiMgQql4P Natasha Loder (@natashaloder) February 1, 2018 Continue reading >>

Elon Musk To Quit Tesla, Jumps On Financial Tech

Elon Musk To Quit Tesla, Jumps On Financial Tech

Elon Musk To Quit Tesla, Jumps On Financial Tech I presume this is Fake News As fake as it gets in my opinion. Elon is a hero of mine and if he ever does launch an ICO, get in quick This article 100% looks like fake - very scammy manner. BTW Elon is the greatest person of nowdays. If he really would be interested in crypto we'll know about it from his twitter That's fakest ever. Elon's ultimate goal is to make our species an interplanetary beings, although Elon jumping on fintech is not too far fetch and I don't think he'll quite tesla and spaceX to do fintech he might just do all of them at the same time. He's thought process is rarely incredible so it's not impossible that he might just do other things while doing he's existing stuff too. I found another link to the article here The site CNN-Moneynews does not belong to CNN and it is even not available anymore. It seems it is a hoax. I think someone tried to spread FUD in order to dump the Tesla share price. You can make a lot of money shorting a hyped company with fake news. If this were true and Elon Musk quit Tesla, this would be big news also for main stream media. I do not know, what they try to achieve by posting this kind of fake news, but as there is only one report from a dubious side, it looks like fake news to me. Musk may be quite creative and great at selling ideas to people, but the fanboy-ism from lots of people is cringeworthy. With the amount of funding and subsidies that he gets (and burns through), many people would be able to try out as many ideas as he has. Quote from: helloal on September 27, 2017, 12:58:13 PM Musk may be quite creative and great at selling ideas to people, but the fanboy-ism from lots of people is cringeworthy. With the amount of funding and subsidies that he gets (and burns th Continue reading >>

Bitcoin Price Tumbles After Exchange Hit With $72 Million Hack

Bitcoin Price Tumbles After Exchange Hit With $72 Million Hack

The worlds largest dollar-to-Bitcoin exchange has been hit with a massive hack, which has reportedly seen 119,756 coins worth around $72 million at the time stolen from customer wallets. Its one of the biggest Bitcoin security breaches of all time, and a major blow to the currencys bid to be taken seriously. The coins were stolen from Bitfinex, a Hong Kong-based exchange that was well-regarded in the community. Executives of the company have confirmed the breach and that theyre working with police, but have not yet decided what will happen to customers money that was stolen. DONT MISS: No one could call this hot new iPhone 7 Pro concept boring The hack has sent Bbititcoin prices into freefall. One Bitcoin was trading at around $600 when news of the hack hit, and prices slumped to a low of $518 before recovering to $560, where itssitting now. Security and volatility have long been two of the biggest drawbacks to Bitcoin. Theres no need for a central bank with Bitcoin: you can keep the wallet containing your currency completely offline, without needing to have an account anywhere. But if you want to change your Bitcoin into fiat currency, you generally go through an exchange, and hundreds of thousands of people just keep coins in their exchanges wallet out of convenience. Of course, that makes the exchanges a rich target for hackers, and customers who have their coins stolen have little recourse. Regular bricks-and-mortar banks are insured by the government for heists, so short of the federal government collapsing, your checking account is safe. The same cant be said for Bitcoin any more. Theres a chance that the hackers will be caught, and the money recovered. Contrary to popular belief, Bitcoin is not untraceable or anonymous, and theres a chance that the hackers can b Continue reading >>

Elon Musk Revealed How Much Bitcoin He Owns | Money

Elon Musk Revealed How Much Bitcoin He Owns | Money

Elon Musk (@elonmusk) February 22, 2018 Musks tweet was in response to a Twitter user asking why there were so many spammers impersonating Musk with cryptocurrency scams. Whats with all the ETH spam? a user asked, referring to the cryptocurrency Ethereum. Not sure, Musk responded. I let [Jack Dorsey, CEO of Twitter] know, but its still going. Twitter handles that resemble famous people, like Musk or even President Donald Trump, scam people out of their cryptocurrencies, BuzzFeed reported earlier this month. The following example was shared by BuzzFeed: Im donating 250 BITCOIN! to the BTC community! @ElonMuski tweeted Thursday in a reply to the billionaires real Twitter account. First 250 transactions with 0.2 BTC sent to the address below will receive 1.0 BTC in the address the 0.2 BTC came from! Note the name @ElonMuski, with the added i at the end. Were aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner, Twitter told BuzzFeed in a statement. Bitcoin, the first blockchain currency, skyrocketed at the end of 2017, hitting a high of $19,850 . It is currently worth around $10,180.60, according to Coindesk . For cryptocurrency novices interested in investing, heres an excellent primer . Continue reading >>

As Bitcoin Surges In Value, Elon Musk Denies He's Its Mysterious Inventor

As Bitcoin Surges In Value, Elon Musk Denies He's Its Mysterious Inventor

As Bitcoin surges in value, Elon Musk denies he's its mysterious inventor The Tesla boss responded to a not true Medium post claiming he is the creator of the cryptocurrency who has never been conclusively identified Elon Musk unveils the Roadster 2 in Hawthorne, California, on 16 November 2017.Photograph: Reuters As Bitcoin surges in value, Elon Musk denies he's its mysterious inventor The Tesla boss responded to a not true Medium post claiming he is the creator of the cryptocurrency who has never been conclusively identified Last modified on Monday 11 December 2017 05.29EST Elon Musk is a lot of things. Billionaire, space adventurer, transport revolutionary, but not, he says, the inventor of Bitcoin, the cryptocurrency coin that crossed the $10,000 valuation threshold early on Tuesday. Bitcoin nears $10,000 mark as hedge funds plough in Musk, co-founder of PayPal, Tesla boss and CEO of Space Exploration Technologies, responded to a blogpost circulating on several crypto-currency sites claiming that he is Satoshi Nakamoto, the mysterious creator of bitcoin who has never been conclusively identified. Not true, Musk said on Tuesday in a tweet . A friend sent me part of a BTC [bitcoin] a few years, but I dont know where it is. Musk was responding to a post on Medium last week in which writer Sahil Gupta floated the idea that based on Musks history of innovation across tech disciplines, his understanding of economics and cryptography and his coding abilities, it was possible that he was the author of the original document that proposed a peer-to-peer electronic cash system. What is bitcoin and is it a bad investment? Bitcoin is the first, and the biggest, "cryptocurrency" a decentralised tradable digital asset. Whether it's a bad investment is the big question . Bitcoin c Continue reading >>

Elon Musk's Reaction To The Bitcoin Bull Run : Bitcoin

Elon Musk's Reaction To The Bitcoin Bull Run : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Elon Musk Quashes Rumor He Is Mr. Bitcoin

Elon Musk Quashes Rumor He Is Mr. Bitcoin

Elon Musk Quashes Rumor He Is Mr. Bitcoin PayPal co-founder and Tesla CEO Elon Musk has debunked latest claims that he is Bitcoin creator Satoshi Nakamoto with a tweet. PayPal ( PYPL ) co-founder and TeslaInc. ( TSLA ) CEO Elon Musk has debunked latest claims that he is Bitcoin creator Satoshi Nakamoto with a tweet . As Bitcoin approaches $10,000 for the first time, the million dollar question for the cryptocurrency is who is the mysterious creator Satoshi Nakamoto? Ex-SpaceX intern Sahil Gupta fingered Musk in a Medium blogpost that excited the Bitcoin world's rumor mill. Gupta had interned at SpaceX in 2015 andfrom his observations noted that Bitcoin's source code was written by someone who is a master of C++ -- a language Musk has heavily used in SpaceX. "Elon seems to have a firm grasp of C++, insisting it be used at X.com and at SpaceX,"said Gupta in his blog post. "Experience aside, Elon is a self-taught polymath," Gupta added. "He's repeatedly innovated across fields by reading books on a subject and applying the knowledge." In a tweet Musk responded , "Not true. A friend sent me part of a BTC a few years, but I don't know where it is." So Who Is Behind the Pseudonym Satoshi Nakamoto? In October 2008, Satoshi Nakamoto published a paper describing the Bitcoin digital currency and released the Version 0.1 of Bitcoin software on Sourceforge on January 2009. To this day, nobody knows for sure who Satoshi Nakamoto is. In the past, there have been a number of figures claiming to be Satoshi. Last year an Australian named Craig Wright claimed he is Bitcoin founder Satoshi Nakamoto. Whoever Satoshi Nakamotoi is, he has started a movement that seemsunstoppable. In a recent interview with TheStreet, John McAfee, the founder of McAfee associates known for its antivirus soft Continue reading >>

19 Things Elon Musk Has Invested In - Business Insider

19 Things Elon Musk Has Invested In - Business Insider

A vertical stack of three evenly spaced horizontal lines. * Copyright 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Tech entrepreneur Elon Musk is on fire right now. His company SpaceX just ushered in a new era of spaceflight by launching a rocket into space, and then improbably landing it on a floating robotic ship in the Atlantic Ocean. His electric car company Tesla also just made automobile history by raking in hundreds of thousands of pre-orders worth about $14 billion in future sales for its upcoming Model 3 . Musk himself is worth $14.3 billion as of April 2016, though he allegedly doesn't believe in the word "business." Whatever Musk labels his efforts, he sure has entwined himself in a bunch of them major online payment services, building and launching spacecraft, and trying to cover the world with solar panels , to name a few. The breadth of his reach is astounding and enough to make anyone feel exhausted. To cut through that complexity, we've highlighted 19 entities that Musk has reportedly founded, cofounded, invested in, or supported in some way. Musk was 24 when he dropped out of graduate school for physics at Stanford University to launch his first company, Zip2 Corporation a dot-com media company that supplied maps and business directories to online newspapers. He linked digital online maps from Navteq to a business directory and created the internet's first online Yellow Pages . Four years later, in 1999, Musk sold the company to computer-manufacturer Compaq for $307 million. At that time, it was the largest amount ever paid for an internet company. The same year Musk sold Zip2, he used $10 million from the sale to found the online financial-services company X.com. Musk wanted to focus Continue reading >>

Elon Musk, Appointed To Trumps Team Of Advisories, Thinks Bitcoin Is A Good Thing

Elon Musk, Appointed To Trumps Team Of Advisories, Thinks Bitcoin Is A Good Thing

Elon Musk, Appointed to Trumps Team of Advisories, Thinks Bitcoin Is a Good Thing Elon Musk, head of Tesla and SpaceX, joined President-elect Donald Trumps team of Advisories, as did Uber CEO Travis Kalanick. Mr. Musk has made jaw-dropping comments on Bitcoin in the past. In an interview available on YouTube, Mr. Musk, who has been appointed to Trumps Team of Advisories , describes his feelings on Bitcoin. I think Bitcoin is probably a good thing. I think its primarily going to be a means of doing illegal transactionsBut thats not necessarily entirely bad. You know, some things maybe shouldnt be illegal, Mr. Musk, who said he did not own Bitcoin at the time, elaborates. He said: It will be useful for legal and illegal transactions. Otherwise, it would have no value as a use for illegal transactions. Because you have to have a legal to illegal bridge. Mr. Musk is not the only person sympathetic to Bitcoin close to Trumps ear. As well, billionaire technologist Peter Thiel, whose Founders Fun has made millions of investments into Bitcoin startups like BitPay, is on Trumps transition team and organized a meeting last week among U.S tech CEOs. Mr. Musk was there, joining Trump on Wednesday in New York with CEOs from Google, IBM, Intel, Microsoft, Amazon and others. According to reports, the executives discussed the repatriation of American profits still held overseas, as well as US cybersecurity and infrastructure. America has the most innovative and vibrant companies in the world, and the pioneering CEOs joining this forum today are at the top of their fields, Trump said in a statement . My administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silico Continue reading >>

Heres How Scammers Are Using Fake News To Screw With Bitcoin Investors

Heres How Scammers Are Using Fake News To Screw With Bitcoin Investors

Heres How Scammers Are Using Fake News To Screw With Bitcoin Investors In the largely unregulated world of bitcoin and cryptocurrency, fraudsters are getting rich by deliberately spreading false information to affect the price of their holdings using social media, scam news sites, and private chat apps. On Saturday, Jan. 14, a Twitter account purporting to be that of John McAfee, the outlandish founder of cybersecurity firm McAfee, shared a bit of investment advice. Coin of the day, the account tweeted, promoting GVT, a new digital coin that had started trading in the fall of 2017. Despite his infamy (he founded one of the most successful antivirus software companies ever, fled from Belize police in 2012 after being wanted for questioning in the death of his neighbor, and ran for president in 2016), McAfee is still viewed by some as a cryptocurrency sage; he was touting bitcoin as the currency of the future long before its recent gains. And for some McAfee shilling for GVT was good reason to buy it, a premonition of future buying frenzies and a soaring valuation. So they bought. And they bought without noticing the additional "L" in the Twitter username or the missing verification check that distinguished the bogus McAfee account from the real one, @OfficialMcAfee. When the tweet was first broadcast at around 3 p.m. ET, GVT was bought and sold on the market at $30. By 3:04, it was at $45, and trading volume had doubled. But by 3:19, GVT's price had fallen back to $30.29. The smart money the early money had gotten out, leaving the late money holding a bag of now-diminished value. It was a classic pump-and-dump scheme orchestrated in a chat room called Big Pump Signal," which encouraged its members to retweet or otherwise promote the bogus McAfee and buy and sell GVT at Continue reading >>

Tether, A Startup That Works With Bitcoin Exchanges, Claims A Hacker Stole $31m

Tether, A Startup That Works With Bitcoin Exchanges, Claims A Hacker Stole $31m

Tether, a startup that works with bitcoin exchanges, claims a hacker stole $31M Bitcoin cruised past $8,000 for the first time this week , but it hasnt been smooth sailing for all afterTether a company that helps exchanges convert fiat currency to token said today that a hacker snatched nearly $31 million . Tether operatesUSDT, acryptocurrency asset that it backs via the U.S. dollar. The company said that$30,950,010-worth of USDT was taken from its core treasury wallet through malicious action by an external attacker. In response Tether said it has flagged the tokens meaning that it will track them and prevent the holder from exchanging them through its service and that it is working to recover them. For partners, the back-end wallet service has been suspended. Tether said it will investigate the incident while it rolls out an update to Omni Core its software for partners that will prevent the stolen coins from recirculating into its ecosystem by essentially locking them into the alleged hackers wallet. One of the partners that usesTether is crypto exchange Bitfinex, which itself lost119,756 bitcoin then worth $72 million but valued at over $950 million today in a hack over a year ago . As Coindesk reports , the incident is sure to throw up more questions about the relationship between Tether and the secretive exchange Bitfinex. The duo are rumored to share owners, and have been accused of leaning on each other to manipulate the market. Already, there are theories circulating that suggest this new attack could be an inside job. Bitcoins value took a dent when the news came out, but it quickly recovered. At the time of writing, bitcoins value stood at $8,126.71, down 1.35 percent over 24 hours, according to Coindesk . Continue reading >>

If You Bought $100 Of Bitcoin 7 Years Ago, You'd Be Sitting On $72.9 Million Now After New Record High

If You Bought $100 Of Bitcoin 7 Years Ago, You'd Be Sitting On $72.9 Million Now After New Record High

If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million now after new record high Monday marks the seven-year anniversary of Bitcoin Pizza Day the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas. More important than the episode being widely recognized as the first transaction using the cryptocurrency is what it tells us about the bitcoin rally that saw it break through the $2,100 mark on Monday. Bitcoin (BTC=-USS) was trading as high as $2,185.89 in the early hours of Monday morning, hitting a fresh record high, after first powering through the $2,000 barrier over the weekend, according to CoinDesk data. On May 22, 2010, Hanyecz asked a fellow enthusiast on a bitcoin forum to accept 10,000 bitcoin for two Papa John's Pizzas. At the time, Hanyecz believed that the coins he had "mined" on his computer were worth around 0.003 cents each. Bitcoin mining involves solving a complex mathematical solution with the miner being rewarded in bitcoin. This is how Hanyecz got his initial coins. The cryptocurrency has many doubters as it continues to be associated with criminal activity, but it has still seen a stunning rally. Here are two facts, on Bitcoin Pizza Day, however, that highlight this: --While being worth $30 at the time, Hanyecz pizzas would now cost $21.8 million at current bitcoin prices --If you bought $100 of bitcoin at the 0.003 cent price on May 22, 2010, you'd now be sitting on around $72.9 million A number of factors have been driving the rally: -- Recently passed legislation in Japan that allows retailers to start accepting bitcoin as a legal currency has boosted trading in yen, which now accounts for over 40 percent of all bitcoin trade --Political uncertainty globally has driven demand for bitcoin as Continue reading >>

Elon Musk Is Founding Another Company

Elon Musk Is Founding Another Company

Published 4:43 PM ET Mon, 27 March 2017 Somehow Elon Musk has found the time to start another company. The company called Neuralink will be the vehicle for the development of the "neural lace" Musk discussed on Twitter and elsewhere, the The Wall Street Journal first reported. Musk later confirmed the existence of the company in a tweet and said that more details were coming "in about a week". The "neural lace" Musk has talked about is typically described as an implant or an appendage that would be attached to the brain, that would provide a way for brains to interact with devices, or otherwise augment human intelligence. Speaking at the Code Conference in 2016, Musk said to think of the arrangement this way: "You have your limbic system, the cortex, and then a digital layer, sort of a third layer above the cortex that could work well and symbiotically with you." Though the lace would interact directly with a person's brain, Musk said implanting it might not require extensive surgery, remarking that it could be injected into the veins. The Journal reports that one of Musk's co-founders at Neuralink is Max Hodak, who co-founded a company called Transcriptic. Hodak's bio at the Transcriptic website says he was a "research assistant at Duke University Medical Center, where he built brain-machine interfaces for monkeys. As a member of the lab, he witnessed on a regular basis the inefficiencies of basic laboratory work that he felt were ripe for robotic optimization." Neither Hodak nor Musk were immediately available for comment. In addition to his responsibilities running Tesla and SpaceX, Musk has taken a keen interest in artificial intelligence, which he has at times characterized as a potential threat to the survival of the human species. To that end, he is one of the s Continue reading >>

Elon Musk - Wikipedia

Elon Musk - Wikipedia

Talulah Riley ( m. 2010 div. 2012; m. 2013 div. 2016) [6] [7] Elon Reeve Musk ( /iln/ ; born June 28, 1971) is a South African-born Canadian American business magnate , investor , [8] [9] and engineer . [10] He is the founder, CEO , and lead designer of SpaceX ; [11] co-founder, CEO, and product architect of Tesla, Inc. ; and co-founder and CEO of Neuralink . In December 2016, he was ranked 21st on the Forbes list of The World's Most Powerful People . [12] As of February2018 [update] , he has a net worth of $20.8 billion and is listed by Forbes as the 53rd richest person in the world . [13] Born in Pretoria , Musk taught himself computer programming at the age of 12. He moved to Canada when he was 17 to attend Queen's University . He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a degree in physics from the College of Arts and Sciences . He began a PhD in applied physics and material sciences at Stanford University in 1995 but dropped out after two days to pursue an entrepreneurial career. He subsequently co-founded Zip2 , a web software company, which was acquired by Compaq for $340 million in 1999. Musk then founded X.com , an online payment company. It merged with Confinity in 2000 and became PayPal , which was bought by eBay for $1.5 billion in October 2002. [18] In May 2002 Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and lead designer. He co-founded Tesla, Inc., an electric vehicle and solar panel manufacturer, in 2003, and operates as its CEO and product architect. In 2006 he inspired the creation of SolarCity , a solar energy services company that is now a subsidiary of Tesla, and operates as its chairman. In 2015 Musk co Continue reading >>

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