| Cult of Mac

Tim Cook says Apple is ‘looking at’ cryptocurrency after revealing he’s an investor


Tim Cook at Unleashed event
But don't expect investment advice.
Photo: Apple

Tim Cook revealed in an interview on Tuesday that he owns cryptocurrency and sees it as a “reasonable” way to diversify his portfolio. The Apple CEO also admitted that Cupertino is “looking at” ways cryptocurrency could one day work with Apple Pay, or be used to buy Apple products.

However, if it’s investment advice you’re after, you can look elsewhere.

Donate to charity for your chance to win $10,000 worth of Bitcoin, Ethereum and more


Now's the perfect time to get into crypto.
Photo: Cult of Mac Deals

You might have heard a lot about investing in cryptocurrency these past few years. If you’re unfamiliar with what cryptocurrency actually is (or what it does), it operates like most currency — except it’s a digital asset people use for both investments and online purchases.

Woz sues YouTube over scam video


Steve Wozniak
Steve Wozniak's likeness was used in a video to scam people out of Bitcoin.
Photo: The DEMO Conference/Flickr CC

Apple co-founder Steve Wozniak is suing YouTube for allegedly failing to remove a video in which his likeness was used by thieves to scam people out of money.

Woz was among a group of individuals who were fraudulently featured in videos posted to YouTube, supposedly offering a live giveaway of bitcoins. The video suggested that anyone who sent him bitcoins would receive double the number back. Of course, when people did transfer the funds, they inevitably got nothing in return.

Hackers hit Apple’s Twitter account in widespread bitcoin scam


Apple's Twitter account and other high-profile accounts hacked in massive Bitcoin scam.
Apple’s very first Tweet ever isn’t about Bitcoin. Twitter got hacked.
Photo: Cult of Mac

Apple is one of many companies and people who had their Twitter accounts hijacked on Wednesday. A hacker found a way to post on what seems to be any account, indicating that it’s Twitter itself that has been hacked.

All the posts pointed readers toward a bitcoin scam.

Apple Card isn’t for jailbreakers or cryptocurrency buyers


Antana/Flickr CC
Not the card for Bitcoin lovers.
Photo: Antana/Flickr CC

Apple eagerly anticipated Apple Card could be the most consumer-friendly credit card on the market. However, there are a few rules that could put off a small number of users.

In Goldman Sachs’ customer agreement for the card, it notes that Apple Card is not for people who jailbreak their iPhones. And it can’t be used for buying Bitcoin, lottery tickets, and a few other things, either.

Woz got scammed out of $70,000 worth of bitcoin


Woz could've been rich off bitcoin, now he's just rich off Apple.
Photo: Reddit

Apple co-founder Steve Wozniak has a cautionary tale for people hoping to strike it rich off bitcoin.

During an appearance at the Economic Times global business summit, Woz admitted that he had been scammed out of several bitcoin worth about $70,000 earlier this year by falling for a common fraud tactic that can happen to any bitcoin buyer.

Square plans to add Apple Pay and Bitcoin support to next register



Apple Pay is threatening to put mobile payments companies like Square and PayPal out of business when it launches next month, but according to Square co-founder Jack Dorsey, Apple Pay isn’t actually a threat to his company.

Dorsey revealed yesterday that Square is hoping to use Apple Pay to its advantage by building a new register for sellers that accepts Apple Pay and pretty much every other form of payment you can slide across a counter.

Alleged iCloud hack sees nude celebrity selfies sold for Bitcoins


Celebgate hack
The iCloud accounts of numerous Hollywood celebrities have been hacked, with naked images being sold for Bitcoins. (Picture: Killian Bell)
Illustration: Killian Bell/Cult of Mac

An alleged mass iCloud hack has seen a veritable who’s who of Hollywood nude selfies leaked onto the Internet.

The photos — which include the likes of Avril Lavigne, Hayden Pannettiere, Kate Upton, Mary Elizabeth Winstead and Rihanna — appeared first on 4Chan, with an anonymous poster telling people he/she had obtained the photos by hacking iCloud accounts. In addition, the photos were being sold for Bitcoins, which most likely makes this a first.