A question of three Bitcoin ATMs—all at Tesla sites in Nevada and California—has stumped Twitter.
Will Reeves, CEO of Bitcoin rewards app Fold, tweeted Saturday that there is a Bitcoin ATM at a Tesla gigafactory. LibertyX, makers of Bitcoin ATMs, followed this up claiming that there are, in fact, three Bitcoin ATMs at three gigafactories across the US. And yet, Tesla CEO Elon Musk says otherwise.
It appears that the confusion was created over the fact that the Bitcoin ATMs are not dedicated Bitcoin machines. Until recently they were just normal ATMs, according to LibertyX employee LibertyX_Chris on Reddit. Once the ATMs have been shipped, they can be upgraded to offer additional features, such as the ability to buy Bitcoin.
“Yup, it’s real. Three traditional ATMs that we’ve upgraded to also sell bitcoin. Only open to employees (and potentially visitors when they open up for tours again),” said LibertyX_Chris on Reddit.
Now the ATMs offer Bitcoin with an 8% fee. The ATMs are buy-only for now, but this may also change in the future. “Hope to have an announcement on [selling Bitcoin] soon,” the LibertyX employee added.
Billionaire entrepreneur Elon Musk yesterday told the world how much Bitcoin he owns and it's somewhat… modest—for a billionaire who had tweeted memes about Bitcoin in the past.
Commenting on the J.K. Rowling tweet which sent the crypto-world into a frenzy, the Tesla CEO—one of the world’s richest men with a net worth of $40 billion—disclosed that he owns just 0.25 Bitcoin. Today, that is a little under $2,500-worth of the cryptocurrency.
I still only own 0.25 Bitcoins btw
— Elon Musk (@elonm...
According to LibertyX CEO Chris Yim, the upgrade from traditional ATMs happened only a few months ago. This might explain why Musk is unaware. This is a man simultaneously building electric cars, digging a tunnel and sending cars to space, after all—although he does own 0.25 BTC himself.
“Elon, 0.25 BTC isn't enough, and now that you can buy bitcoin from the 3 on-site Gigafactory ATMs, you don't even need to leave home,” LibertyX said on Twitter.
A quantum computing breakthrough could one day undermine the cryptography that secures the Bitcoin blockchain and its nearly $1.7 trillion worth of assets. Now, a BTC bounty is putting that threat to the test.
On Wednesday, quantum computing research group Project 11 announced a prize of 1 BTC—currently worth nearly $85,000—for the first team to break a simplified version of Bitcoin’s elliptic curve cryptography, or ECC, using a quantum computer.
We just launched the Q-Day Prize.
1 BTC to the...
Copy trading is a powerful tool in the crypto investor’s arsenal, enabling them to automatically replicate the strategies of experienced and successful traders.
In the fast-paced world of crypto, timing is everything when it comes to mirroring the actions of top traders. Solana copy trading platform Odinbot has “first and foremost concentrated on speed,” the project’s PR lead Erik Demeters told Decrypt, becoming one of the fastest copy trading bots in the marketplace as a result.
Odinbot claims...
Hugging Face is stepping into the world of humanoid robotics with Reachy 2, a $70,000 AI-powered robot designed and built by its latest acquisition, Pollen Robotics.
“So excited to start selling Reachy 2 this week, the first open-source humanoid robot!” Hugging Face co-founder Clément Delangue tweeted. “It's expensive but already in use at Cornell, Carnegie Mellon & major AI labs for robotics research and education.”
While open-source robots are not new, Reachy 2 is the first manufactured, comme...