BITCOIN

Shark Tank star Kevin O’Leary’s Twitter account was hacked Thursday and used to promote a bitcoin and ethereum giveaway scam. The scammers claimed that Mr. Wonderful is giving away 5,000 bitcoin and 15,000 ether, and anyone can participate. Kevin O’Leary’s ‘Fake’ Bitcoin and Ether Giveaways The official Twitter account for Shark Tank star Kevin O’Leary, aka Mr. Wonderful, started promoting bitcoin and ethereum giveaways Thursday morning. The account tweeted claiming that O’Leary has made a lot of money from crypto over the last few years and he has decided to give away 5,000 bitcoin and 15,000 ether. The tweet also provides a link for anyone to join the cryptocurrency giveaway scam event. The O’Leary Twitter account further claimed that it is not hacked and the giveaways are not a scam. It also falsely claimed that Mr. Wonderful said on CNBC last night that he will away some cryptocurrencies for real. The link provided in the first tweet takes investors to a website claiming to

Nobel Prize-winning economist Paul Krugman says Tesla may have more in common with bitcoin than you think. He explained that Tesla sales have depended in part on the perception that CEO Elon Musk “is a cool guy” while the price of bitcoin is “being sustained by a hard-core group of true believers.” Paul Krugman Compares Tesla to Bitcoin Paul Krugman, who won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008 for his analysis of trade patterns and location of economic activity, published an opinion piece in the New York Times Tuesday about Tesla, bitcoin, and their huge valuations. He wrote: Tesla and bitcoin may have more in common than you think. The economist explained that mega-corporations like Apple, Microsoft, and Amazon have maintained their dominance because these companies “benefit from strong network externalities — loosely speaking, everyone uses their products because everyone else uses their products.” However, “It’s hard to see what

A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such assets. National Marketplace to Support Trading of Digital Collectibles and Copyrights in China Chinese authorities are preparing to launch a state-controlled platform allowing the trading of non-fungible tokens ( NFTs ) and other digital assets, local media announced. The initiative is a joint project between government organizations and a private company. The “China Digital Asset Trading Platform,” built in partnership by the China Technology Exchange, China Cultural Relics Exchange Center, and Huaban Digital Copyright Service Center Co. Limited, will launch on Jan. 1, 2023, the report by Sina Finance detailed on Wednesday. The marketplace will operate under the license of the China Digital