Tesla Ousts 4 Pro-Elon Musk Directors, Weeks After Shareholders Sue Board

By CCN.com: Four members of Tesla’s board of directors are stepping down and won’t stand for re-election once their terms end. CEO Elon Musk remains, but the Tesla board will eventually drop from 11 to seven members by 2021. The electric car maker revealed the surprising news in an April 18 SEC filing. Tesla says the realignment was needed to streamline the board so it can “operate more nimbly and efficiently.” The four departing board members are: Brad Buss. Antonio Gracias. Stephen Jurvetson. Linda Johnson Rice. Shareholders Sued Tesla’s 11-Member Board The changes come several weeks after Tesla’s entire 11-member board

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Bitcoin Ransomware Cripples Boston Legal System for Two Weeks

Boston public defenders suffered a ransomware attack some weeks back but have chosen not to send the bitcoin demanded by the attacker. Instead, they decided to use back-ups to restore services. The Committee oversees public defenders in Boston. Public Defenders Take the Long Way Home According to the Boston Globe, that decision has meant a “weekslong slowdown” that affects everyone in the system. Private attorneys tapped to work for indigent clients receive a small fee from the government. The ransomware attack has also interrupted those payments and locked up the organization’s essential digital services, including e-mail. As a security measure,

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Ready for Liftoff: Fidelity’s Bitcoin Custody Service is Just Weeks away from Launch

Big news today from Bloomberg‘s Matthew Leising and Alastair Marsh: “Fidelity Investments is targeting a March launch date for its Bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies.” “We are currently serving a select set of eligible clients as we continue to build our initial solutions,” the company said in a statement. Over the next several months, we will thoroughly engage with and prioritize prospective clients based on needs, jurisdiction and other factors. A source familiar with the new

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Newsflash: Cryptopia Hacker Strikes Again, 2 Weeks after Stealing $16 Million in Crypto

Elementus, the blockchain data science firm which initially figured out that the Cryptopia hackers had gotten away with about eight times the amount reported, has another bombshell report regarding Cryptopia. The hackers who originally made off with some $ 16 million worth of crypto tokens have struck again after a 15-day hiatus. Elementus previously noted that many Cryptopia wallets were still vulnerable to attack. Elementus CEO Max Galka writes: Among the wallets affected are the 1,948 at-risk wallets https://github.com/elementus-io/cryptopia-hack we identified previously, some of which have continued to accrue funds as recently as today. The list also includes over 5,000 wallets

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Apple Leads the Dow Jones Into Five Weeks of Gains

The Dow Jones Industrial Average, by a fraction, realized its fifth week of gains on Friday.  A closing high of 0.8% in Friday gave the Dow a 0.1% increase across the week. Disregarding speculation that Apple could be dying, the iPhone maker’s shares led the Dow Jones 30 with 3.31% hike. Dow Jones Shakes Off

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Netflix to Outperform Wall Street Projections, Stock Soars 50% in 3 Weeks

On January 17, Netflix raised its subscription fees by $ 1 to $ 2 following an ambitious decision to invest in a wider range of programs and shows. The move comes after the company decided to increase the yearly compensation of Netflix chief content officer Ted Sarandos to $ 31.5 million, making him one the highest paid producers

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(Venezuela) Last week volume traded in Localbitcoin was 1,309 BTC (ATH is 1,974) . One BTC is around 9,100,000 BsS (ATH). Monthly minimum is 4,500 Bs or 1.8 USD. Two weeks ago BTC price was 3,300,000 Bs.S and minimum wage was 4.6 USD. 2018 inflation was 1,700,000%

Hi guys, Venezuelan living here. Things are really hard here, even if you have some BTC or USD prices are increasing. Basically I have to support (or at least try) my whole family.

One monthly minimum wage is around 50,000 satoshis. Daily that would be around 1,700 satoshis.

All of this is calculated using street exchange rate, but even if you use the "official" exchange rate the situation is almost the same, monthly minimum wage would be 5,22 USD PER MONTH.

2018 inflation rate was around 1,700,000% https://www.brecorder.com/2019/01/10/464580/venezuelas-annual-inflation-surges-to-1-7-million-percent/

https://coin.dance/volume/localbitcoins/VES/BTC

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

AMA.

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Bitcoin – The Currency of the Internet