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Dogecoin rises again after Elon Musk's cryptic tweet.

30th April 2021
"This isn't the first time the Tesla Chief has tweeted about the crypto token."

Dogecoin has been resuscitated due to a tweet sent out by Elon Musk, after a tough last week.

Musk referred to himself as Dogefather in a cryptic tweet on Wednesday, leading to a 30% hike, the highest in cryptocurrency in the last 10 days. 

Dogecoin was even further up by almost 8% on Thursday morning and its price has reached 24 rupees after falling down to less than 18 rupees last week. 

"The Dogefather SNL May 8", Musk Tweeted just days before his appearance on the most popular American TV show Saturday Night Live (SNL) on May 8.

Many expect a further boost of Dogecoin after his appearance on SNL.

Although this isn't the first time the Tesla Chief has tweeted about the crypto token in February he published a one-word tweet sending Dogecoin up by 25% in minutes. 

In Marcha he posted that his space exploration company will dogecoin on the "literal" moon, causing it to jump percent. 

This particular cryptocurrency was started as a joke back in 2013 but has become very popular among the investor. 
 

Compiled by : Reviewer Raj Kapali

Q&A: What's behind the Twitter Bitcoin hack?

18th July 2020
"Q&A: What's behind the Twitter Bitcoin hack?"

Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw with the service millions of people have come to rely on as an essential communications tool.

The intent of the hack appeared to be to steal money from unsuspecting cryptocurrency enthusiasts — in particular, by using the compromised high-follower accounts to scam people out of Bitcoin. But it also raises questions about Twitter’s ability to secure its service against election interference and misinformation ahead of the U.S. presidential election.

Here are some questions and answers about the breach:

WHAT HAPPENED — AND HOW?

On Wednesday afternoon, the Twitter accounts of famous figures began tweeting similar messages saying they were “feeling generous” and would double any Bitcoin payments sent to an address in the tweet. Among the individual accounts affected were former President Barack Obama, Democratic presidential candidate Joe Biden, tech billionaires like Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk and celebrities such as Kanye West and his wife, Kim Kardashian West.

Companies like Apple and Uber, which respectively have 4.6 million and one million followers, were also affected.

Twitter soon locked down many accounts, including those of its “verified” users with blue check marks next to their names — a group that include many U.S. politicians as well as businesses, celebrities, journalists and news organizations. Twitter called the hack a “coordinated social engineering attack” by unknown people who “targeted” Twitter employees with access to the platform’s internal systems and tools.

The hackers, Twitter said, used this access to take control of many high-profile accounts and masquerade as their owners.

WHAT IS SOCIAL ENGINEERING?

Essentially, social engineering means taking advantage of human nature. Examples include phishing attacks and other ways people can be tricked into giving out compromising information, malware attacks that get people to download malicious software, and compromising people by offering something in return for information. Twitter did not say how its employees were compromised.

COULD THE ATTACK HAVE BEEN PREVENTED?

Twitter said late Wednesday it has taken “significant steps” to limit employees’ access to internal systems and tools while its investigation is ongoing. But this is not the first time Twitter employees have wrecked havoc.

In 2017, a disgruntled employee deactivated President Donald Trump’s account for a few minutes. Last year, U.S. prosecutors charged two former Twitter employees with spying on user data for the government of Saudi Arabia. The incidents raise questions about Twitter’s internal security systems, and whether the company can trust employees with access to sensitive information.

WHAT DOES THE HACK MEAN FOR THE 2020 ELECTION?

The hack might be a simple demonstration of Twitter’s weak security controls as the U.S. heads into the 2020 presidential election, a contest in which social media is already playing a hugely influential role.

Among the political figures targeted, the hack mostly appeared to target Democrats or other figures on the left, drawing comparisons to the 2016 campaign. The White House said that President Donald Trump’s account was secure and wasn’t jeopardized.

U.S. intelligence agencies have established that Russia engaged in coordinated attempts to interfere in the 2016 U.S. election through social media tampering and various hacks, including targeting the campaigns and major party organizations.

While Twitter, Facebook and other social media companies have since tightened their election security systems and policies, malicious actors trying to intervene have also improved their tactics. In other words, if a Bitcoin scam was so easy to pull off, what will prevent an attack on the U.S. election?

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Compiled by : Debashish S Neupane Debashish S Neupane

Elon Musk Tweets Tesla Will Achieve Full Self-Driving Capabilities

19th August 2020
"Elon Musk had earlier claimed that he had a major program under work at Tesla about which he didn't share details."

Tesla's CEO, Elon Musk recently announced on Twitter to share a variety of updates on Tesla Autopilot and Full Self Driving (FSD). The Dojo Neural Net training centre. Since 2019 April Tesla has been working on a "DOJO", a supercomputer to train neural networks (NN). Elon Musk had earlier claimed that he had a major program under work at Tesla about which he didn't share details.

The mighty super training computer is now called Dojo. The aim behind Dojo is to take in vast amounts of data and train at a video level and do unsupervised training of massive amount of video data with the help of the Dojo program.

The dojo will be enabling faster Neural Network learning. The dojo is used to increase training speed and enable self-supervised learning. But then what is the issue with the existing Autopilot that the new update will be enhancing.

 

Tesla is developing a NN training computer called Dojo to process truly vast amounts of video data. It’s a beast! Please consider joining our AI or computer/chip teams if this sounds interesting.

— Elon Musk (@elonmusk) August 14, 2020

When / what do you think will be the next big public release that shows a massive leap in Autopilot FSD? I feel like when Navigate on Autopilot came out that was a huge leap, will there be another one like that soon?

— Everyday Astronaut (@Erdayastronaut) August 14, 2020

Our main engineering locations are Palo Alto, Austin & Seattle, but working remotely is acceptable for exceptional candidates

— Elon Musk (@elonmusk) August 15, 2020

Tesla will be releasing an improved Autopilot which will be a limited release in 2 months. Tesla had announced that they were doing a rewrite of the program. As we all know the current Autopilot/FSD is great. In fact, Musk claimed that he has been running an "alpha" version of the update on his personal vehicle.

Tesla has 10 billion km of real-world driving data. This brings to our common curiosities whether the regulatory authorities will find Tesla's autopilot safer for robotaxis to ply on roads.

 

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Compiled by : Reviewer Team Reviews

Tesla buys $1.5B in Bitcoin, will accept as payment soon

9th February 2021
"Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car."

Electric automaker Tesla said Monday that it has invested around $1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15.4% to around $44,500 Monday in reaction to Tesla’s announcement, according to CoinBase.

The California-based electric car maker headed by Elon Musk revealed the new strategy in a filing with the U.S. Securities and Exchange Commission, saying its investment in digital currency and other “alternative reserve assets” may grow.

Bitcoin has drawn enthusiasts for its scarcity and security, but the volatile digital currency still is not widely used to pay for goods and services. It’s mostly been a store of value, like gold, with some limited merchants like Overstock accepting bitcoin for payment. It’s also used by those distrustful of the banking system or criminals seeking to launder money.

Whether other major companies will follow Tesla’s lead in investing in Bitcoin or accepting it for transactions is unclear. A vehicle is a large purchase, which could make Bitcoin a better fit to pay for it, but the wild price swings in Bitcoin could be a significant risk to any merchant who decided to accept it.

It was wise of Tesla to announce that it will deem its investment in Bitcoin as an “alternative asset.” That is certainly appropriate because Bitcoin might be coming into greater acceptance as a currency, but it is not cash,” said Anthony Michael Sabino, a professor of law, at St. John’s University.

Tesla is in a unique position to accept digital currencies for payment since the automaker does not rely on a network of independently owned dealerships to sell its vehicles unlike traditional car companies such as General Motors and Ford.

Whether Tesla will get a definitive competitive advantage in accepting Bitcoin remains to be seen. The automaker could be simply investing in Bitcoin because Musk has been known to have eclectic tastes. Musk launched a Tesla car into space to demonstrate the payload capabilities of his SpaceX company rockets.

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