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No, the Twitter Hack Wasn't about Bitcoin

No, the Twitter Hack Wasn't about Bitcoin

FromThe Breakdown


No, the Twitter Hack Wasn't about Bitcoin

FromThe Breakdown

ratings:
Length:
30 minutes
Released:
Jul 17, 2020
Format:
Podcast episode

Description

Today on the Brief: Adjustment to bank profits in anticipation of growing debt delinquency  The lowest decrease in jobless claims since March  A boost in retail spending  Today’s main discussion: The Great Twitter Hack, feat. Dr. Tom Robinson, chief scientist and co-founder of Elliptic  Wednesday, at around 2:15 p.m. EDT, prominent Crypto Twitter accounts started sharing a similar message about a bitcoin giveaway. A couple of hours later, Elon Musk and Bill Gates were saying they were feeling generous and wanting to give bitcoin away. A couple more hours and every verified blue check mark account on Twitter was taken down.  It was an attack with massive implications, if not much monetary gain.  On this episode NLW breaks down: What happened Which accounts were impacted How much BTC was transferred  The narrative battle of “bitcoin scam” vs. “Twitter hack” Why it might have been a state-sponsored attack Why the real intention might have been to discredit Twitter  Why the (supposed) revelations about Twitter’s administrative tools could end up in a congressional inquiry  Expert commentary provided by Dr. Tom Robinson. Find our guest online: Elliptic website: Elliptic.co  Twitter: @tomrobin    
Released:
Jul 17, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.