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

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wozniak
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

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squareregisteripad

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

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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.

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Cryptic Twitter account sparks hunt for hidden Bitcoin

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sfhiddenbitcoin

SAN FRANCISCO — There’s a new kind of gold hidden in the hills of this city: A mysterious Twitter account is leading locals on a treasure hunt for Bitcoin.

The folks behind @SFHiddenBitcoin, which has been active since July 1, are hot on the heels of @HiddenCash, the Twitter account that made news doling out the dough of a real estate mogul.

While judges debate whether Bitcoin is money and crashing economies around the globe fear the virtual currency’s wake, it’s the coin of the realm in certain circles here. If you can handle being a “cyphervegan,” you can basically already live on Bitcoin.

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