American electric vehicle and clean energy company Tesla has launched its own line of “Tesla Tequila”, fulfilling of the CEO’s promise to start selling its own brand of liquor. The drink is produced by Nosotros Tequila, a spirits brand in Southern California and comes in a lightning-shaped bottle. Supplies of the product, that retails for $250, quickly sold out on Thursday, even as orders were limited to two bottles each and were available only to customers in certain US states. >>>
U.S. authorities have seized over $25 million worth of cryptocurrency in one of the biggest pyramid schemes in Brazil. The move was the result of a joint operation started by Brazilian authorities’ along with the US Department of Justice, and targeted InDeal — $200 million Ponz scheme running in Brazil since 2017. InDeal creators promised investors returns up to 15% after just investing for a month. The scammers urged investors to pay in cryptocurrencies, which would be used to invest the funds in other crypto assets. According US Justice Department’s report, that Marco Antonio Fagundes, one of the masterminds of the scam, did not comply with Brazilian regulations as a financial service provider. In addition, he offered high ROI for those who bet on cryptocurrency products. Cryptocurrency-related scams have reportedly increased significantly this year amid the ongoing global pandemic.
Social media giant Facebook is censoring posts with #bitcoin in its description is being censored, whether it is a Video, photograph, or messages. When a user types the hashtag, the censorship screen says the posts are “temporarily hidden” in order to keep the community safe. Surprisingly, the search results for the term ‘Bitcoin’ without the ‘#’ remains active. #bitcoin seems to be the only target of this censorship saga as searches for other cryptocurrencies like #Ethereum, #Cardano, #ethereumclassic, etc. are still live. The event has put Facebook under heavy criticism by the cryptocurrency community on Twitter. Jack Dorsey’s social network has been a major hub for crypto enthusiasts as the social network itself has a pro-bitcoin stance, with a dedicated hashtag for Bitcoin.