Why the Twitter Hack Used a Bitcoin Scam | Blockchained.news Online


#cryptocurrency #digitalfinance #finance
There’s a good chance you read something on Twitter this week along the lines of “I’m feeling generous, send me Bitcoin and I’ll send you double back”.

The Twitter accounts of many prominent figures like Barack Obama, Joe Biden and Elon Musk were hacked on July 15 and the hacker used bitcoin to capitalize on it.

The cryptocurrency was built from the ground up to evade third-party interference (think banks, governments and law enforcement), making it a natural tool in the hands of a world class hacker. CoinDesk reporter Will Foxley explains why the hacker chose Bitcoin.

Full story: https://www.coindesk.com/twitter-hack-used-bitcoin-to-cash-in-heres-why

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