News on Tesla excites the world

News that concerns Tesla will spread around the world at the speed of sound. The most important of them are that the company accepts BTC as a means of payment, and about the attempt of a Russian hacker to break into the company’s database.

Tesla-the catalyst for the adoption of BTC

That Tesla will integrate Bitcoin as a means of payment was promised by CEO Elon Musk when the company announced its $ 1.5 billion purchase of Bitcoin.

Now, when you go to the Tesla website and want to buy one of the available car models (Model S, Model Y, Model 3, and Model X), the future buyer is actually offered payment in Bitcoin. The payment solution should certainly be successful and raise the price of the BTC, which has been adjusted in recent days.

Elon Musk also tweeted that Bitcoins generated from the sale of Tesla cars will be stored, not converted into a fiat currency such as dollars or euros:

“The Bitcoins earned by Tesla will be stored as crypto assets, not converted into paper currency”.

Accepting payment in BTC for the purchase of a Tesla electric car should certainly motivate many other companies to integrate payments in bitcoin and cryptocurrencies such as Ethereum or Litecoin.

Elon Musk has a huge influence in the media on both the general public and the entrepreneurs who follow him, and we can expect to accelerate the adoption of Bitcoin payments.

But, as a rule, there is always a fly in the ointment. This spoon turned out to be an enterprising Russian who set out to hack Tesla.

Attempted $ 1 million bribe

A Russian citizen said in federal court that he tried to hire a Tesla employee to hack into the company’s systems, in order to steal confidential information from the computer network of the electric car manufacturer.

27-year-old Yegor Kryuchkov repeatedly tried to convince a Tesla employee at the company’s battery factory to participate in the hacking scheme, offering to pay this employee Bitcoins, in the amount of $ 1 million for running malware into the Tesla database.

During the trial, Kryuchkov agreed to plead guilty to “conspiracy to intentionally cause damage to a protected computer,” according to Insider. Kryuchkov’s sentencing is scheduled for May 10. He can spend up to 10 months in prison.

Tesla CEO Elon Musk later confirmed that the company was the target of a hacking attempt by a Russian citizen and his associates.

According to the prosecutor’s office, the criminal did not act alone but in a group, and tried to hire a Tesla employee to download malware that encrypts data in the target systems, and can only be unlocked with a special operating system key provided by the attackers.

Kryukkov said the ransomware program would be disguised using a so-called distributed denial-of-service attack on a compromised system from the outside to overload servers with unwanted traffic, the Associated Press reported, citing court records.

The Federal Bureau of Investigation said the unnamed recruit informed Tesla and cooperated with agents, and the plot was foiled before any damage was done.

Source: https://news.bit.team/news-on-tesla-excites-the-world/

--

--

--

Official website: bit.team

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

How to get started and register on the INFAM Platform?

The Growing Lack of Trust in Data Privacy

AWS Lambda Security Best Practices

Post Safety Pad Protectors in Uppermill #Post #Safety #Pad #Protectors #Uppermill https://t.co/ivzYY

{UPDATE} Skill Wave Hack Free Resources Generator

Is There a Way to Keep a Secret? Quantum Key Distribution.

{UPDATE} Animal Fun Park Family Version Hack Free Resources Generator

{UPDATE} Extreme Flying Car Hack Free Resources Generator

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Bit Team

Bit Team

Official website: bit.team

More from Medium

US Senator Cynthia Lummis believes that the Federal Reserve should purchase bitcoin.

US Senator Cynthia Lummis believes that the Federal Reserve should purchase bitcoin.

Canada’s Censorship of Protests and Freezing of Bank Accounts Sparks Bitcoin Adoption

Survive The Crypto Crash And Fed Monetary Policy

Powell versus Putin