NEWS

  • Musk says Tesla will accept bitcoin again as crypto miners use more clean energy

    The electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how cryptocurrency mining contributes to climate change.

    Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.

    “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said in a tweet.

    Bitcoin rose 5.1% to $37,360.63 at 1810 GMT (2:10 p.m. ET) on Sunday, adding $1,817.87 to its previous close, after Musk’s tweet.

    Musk also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market.

    He announced in May that Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns for a swift reversal in the company’s position on the cryptocurrency. Bitcoin fell more than 10% after his tweet.

    The billionaire said that he believed cryptocurrency has a promising future, but it cannot be at great cost to the environment.

    In February, Tesla revealed it had bought $1.5 billion of bitcoin and would accept it as a form of payment for cars.

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  • Akon brings electricity to 600 million people in Africa

    Growing up, Akon knew the struggles of living in the dark once the sun went down. The town in Senegal that he grew up in, like many others, had no access to running water or power. Local economies were forced to shut down businesses when the sun sets, and families were constrained to candlelight and kerosene lamps to complete their nightly tasks, resulting in over 3 million deaths each year from harmful fumes and fires.

    Once Akon became a household name, he was determined to give back to his home country and provide them with sustainable energy.

    Alongside Thione Niang and Samba Bathily, Akon launched Akon Lighting Africa (ALA) in 2014, becoming his first step in helping create sustainable infrastructure in Africa.

    Lighting Africa

    Initially, the team planned to use gasoline and fossil fuels to power the continent but opted for solar when they realized its’ cost-effectiveness would allow them to provide power to a larger populous. Soon after, Akon was able to negotiate a billion-dollar credit line with Chinese manufacturers for solar power products.

     
    Co-founders of Akon Lighting Africa, Samba Batily, Akon and Thione Niang, in Niger. Image courtesy of DAGENCY

    Within the first year, Akon Lighting Africa was able to provide 14 countries with sustainable electricity, including street lamps and solar panels.

    Local venders are able to stay out another six to eight hours after sunset to provide for their families. Children are now able to successfully study and do their homework without the harmful fumes of the kerosene lamps. Villages are lit up at night, lowering crime rates by 90% and creating a safe environment for the community.

    Akon Lighting Africa isn’t just about providing electricity to countries in Africa, the other goal is to help build the economy through education and career opportunities. ALA was able to create the Solektra Solar Academy which teaches young members of the African community about solar power, and how to properly install and maintain the solar equipment. Upon graduation, the individuals are hired by the company.

     

    To date, Akon Lighting Africa has provided 18 countries and millions of people with electricity, while employing over 5,000 people.

    So think about that next time 'Locked Up' comes on.

     

     

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  • White Boys aged 13 and 14 are among six people arrested over murder of a black boy, 14, who was stabbed to death in street ‘during a racial attack’

    Six people - including two young teenagers - have been arrested on suspicion of murder after a 14-year-old boy was stabbed to death in the street during a 'gang fight'.

    Police say two boys, aged 13 and 14, are among those arrested following the death of the teenager in the Kingstanding area, near Birmingham.

    The 13-year-old was detained in the Walsall area today, say police, while the 14-year-old was arrested along with a 38-year-old man in a vehicle in Cheshire. 

    Two men, aged 36 and 35, surrendered to separate police stations in the West Midlands, police say.

    A 33-year-old man was also arrested in the Kingstanding area earlier today, according to West Midlands Police. 

    All six suspects remain in custody, police said. 

    It comes as witnesses claimed a 'gang of white lads' killed the 14-year-old boy like a 'pack of feral animals'.

    Witnesses say the boy who died was black. But police today ruled out a racially motivated attack but continue to hunt up to seven suspects.

    Emergency services rushed to the scene near to the McDonald's on College Road, Kingstanding, Birmingham, at around 7.30pm on Monday in the aftermath of a large street fight.

    It is thought that the schoolboy, who has not been identified, had previously been targeted by a gang at his school with his family due to meet police before he was fatally attacked. 

    He is believed to have been playing football with friends when he was jumped by yobs as he made his way home. 

    The teenager was pronounced dead in the street from knife wounds despite the efforts of paramedics.

    One mother, who did not wish to be named, said: 'It was carnage when I looked out my window, there were kids everywhere.

    'They were like a pack of feral animals the way they were swarming around him.

    'Apparently a gang of white lads just jumped him, I don't know how many had knives but it is just terrifying. He was only a child.'  

    Detective Chief Inspector Stu Mobberley, who is leading the investigation, said the force were aware there had been 'speculation in the community' but ruled out that this was a racially motivated attack. 

    Community activist Desmond Jaddoo said: 'I was here last night with the boy's mother and friends who had gathered and they were naturally inconsolable.

    'She has lost her 14-year-old boy who had his whole life ahead of him and will never return home.

    'There are questions being asked of the police and an incident which happened last week at school.

    'I can't say any more than that but there are major concerns about how that was handled.

    'If this does reveal itself to be a racially motivated crime, West Midlands Police need to treat it with the utmost seriousness.

    'Tensions are already high in the community.'

    Other residents living near the scene reacted with horror to the brutal stabbing on their doorstep.

    One, who wished to remain anonymous, said: 'I didn't see what happened but I'm told a car pulled up at some point and loads of blokes jumped out.

    'There was absolutely loads of people around in the aftermath. I just saw people running in all different directions.

    'If it's racially motivated, it's like the Stephen Lawrence thing. It wouldn't surprise me around here.

    'I've been in tears for his family, he was just 14-years-old, his life had not even begun.'

    The death of the schoolboy has prompted an angry response in the city with many calling for stricter knife crime laws following the tragedy.

    One social media user wrote: 'That poor boy! He is just a child... I hate the thought of his final moments. Thoughts with the family! Such a tragedy.'

    Another added: 'RIP yet again another young person has been taken from his family. What is this country coming to? No one deserves this, I hope the people who have done this get caught and have the book thrown at them. Name and shame them.'

    'Absolutely terrible news 14 is no age. I have a child almost this age, breaks your heart our kids are growing up in such a messed up world. RIP little man thoughts are with his family and friends at such a sad time', a third commented.

    Another said: 'Evil scumbags. RIP to the poor soul and heartfelt condolences to the family who now have to deal with this utter heartbreak.' 

    Emergency services rushed to the scene near to a McDonald's on College Road, Kingstanding, Birmingham, at around 7.30pm on Monday evening. Pictured: Police at the scene

    Emergency services rushed to the scene near to a McDonald's on College Road, Kingstanding, Birmingham, at around 7.30pm on Monday evening. Pictured: Police at the scene 

    Police have since said that a group of up to seven people ran off in the direction of Chester Road.

    The force said they had immediately launched a murder investigation and flooded the area with officers in a search for those responsible.

    Officers are also speaking to witnesses and fast-tracking CCTV enquiries.

    Detective Chief Inspector Stu Mobberley, who is leading the investigation, has since said: 'We've made rapid progress in the investigation already and are following up a number of really strong lines of enquiry.

    'We know there tensions and emotions are high, and we're aware that there is some speculation in the community that this was a racially motivated attack.

    'At the moment, there is nothing to suggest that this is a racially motivated attack.

    'What we do know is that this was appalling violence which has cost a young lad his life.

    'We still have witnesses to speak to, and I'd urge anyone with information to get in touch with us as quickly as possible so that we can arrest those involved in this appalling attack.'

    The force said a post-mortem will be held this afternoon. 

    Officers have also been supporting the boy's family, after what police earlier called a 'shocking and senseless tragedy'.

    Detectives vowed to leave no stone unturned in their hunt for the 'callous individuals responsible - or for anyone harbouring them, knowing what they've done'.

    Labour MP Jack Dromey, whose Erdington constituency includes the area where the stabbing happened, said: 'Truly shocking that a 14-year-old teenage boy in Kingstanding was stabbed to death this evening.

    'Anyone with any information should contact West Midlands Police. My condolences to his family.' 

    Anyone with information is asked to contact police via Live Chat via their website or by calling 101 quoting log number 3313 of 31/5.

    Alternatively, contact Crimestoppers anonymously on 0800 555 111. 

     

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  • Lil Loaded Dead at Age 20, Friend Claims He Committed Suicide Over His Girlfriend

    Dallas rapper Lil Loaded, best known for his summer 2019 hit song “6locc 6a6y,” has died.

    He was 20.

     

    The Dallas County medical examiner’s office Monday confirmed that they were in possession of the body of rapper, whose legal name is Dashawn Robertson. Officials have not revealed the cause of death, according to The Dallas Morning News.

     

    Robertson’s death comes just one week after “6locc 6a6y” was certified gold by the Recording Industry Association of America. The music video for the song has amassed more than 25 million views so far.

    Robertson’s attorney, Ashkan Mehryari, said, “He had a very bright and promising music career ahead of him.”

     

     His friend Cyraq took to social media alleging the rapper killed himself over his ex-girlfriend.

    “My nigga just killed himself cause his bitch. I hate this hoe so much right now,” wrote Cyraq in the first of a series of posts on his Instagram Story. “That nihh told me inna studio last month somebody fuck his girl, he a kill em. This nihh ended this shit behind his girl. He meant that shit. Brudda I love you bih.”

    “We had plans…On my daughter, I know how you felt,” he continued.

     

    “I know you loved dat hoe more den anything. Den bro, I done met this nihh parents…I’m hurt. I wonder how they feel bro I love u bih damn.”

    Cyraq later shared an update after speaking to Lil Loaded’s mother.

    “My nigga momma just said he gone man,” he penned. “I kno she so hurt bro. I can hear the pain in ha voice….Like bro @lil_loaded, I promise it wasn’t worth it. Brudda u fucked da world up wit dis one. Bro you ain’t have to leave us like this. I coulda figured sum out brudda. Come on bih, its messed up my nihh can’t even talk to me no more.”

     

    So sad. RIP.

     

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  • Bitcoin trader Laszlo Hanyecz who spent crypto currency now worth £306MILLION on two pizzas

    Bitcoin trader Laszlo Hanyecz who spent crypto currency now worth £306MILLION on two pizzas says ‘I have no regrets’

    CRYPTO cash fans around the world are tucking into slices of pizza today - thanks to one man's very, very costly appetite.

    Programmer Laszlo Hanyecz made history when he made the first “real world” purchase with Bitcoin more than a decade ago.Laszlo Hanyecz spent 10,000 Bitcoin on two pizzas in 2010

    4
    Laszlo Hanyecz spent 10,000 Bitcoin on two pizzas in 2010
    Laszlo insists he has absolutely no sleepless nights over his impulse purchase
    4
    Laszlo insists he has absolutely no sleepless nights over his impulse purchase

    However, little did he know when he spent 10,000 Bitcoin on two Papa John’s pies it would also secure him a place in the crypto currency hall of fame.

    He also had no clue that 11 years later the coins - worth around £30 at the time - would be now be worth more than £306million.

    It is a fortune which could have bought him a private island, a luxurious mansion, and several private jets.

    Amazingly, Laszlo insists he has absolutely no sleepless nights over his impulse purchase one lunchtime in 2010.

    He has said: "I don't regret it. I think that it's great that I got to be part of the early history of Bitcoin in that way.

    "People know about the pizza...everybody can kind of relate to that and be [like] 'Oh my God, you spent all of that money!'"

    The Florida man was an early contributor to Bitcoin’s software when it was barely a year old.

    He even coded a programme that made it possible for fans to mine the currency using their computer’s graphics cards (GPU).

    However, his life changed forever when he posted a message on a Bitcoin chat forum on May 22, 2010.

    He wrote on Bitcointalk: "I'll pay 10,000 Bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. 

    "I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. 

    "If you're interested please let me know and we can work out a deal."

    He struck a deal on a Bitcoin forum to but two pizzas from Papa John's
     
    He struck a deal on a Bitcoin forum to but two pizzas from Papa John's

    Hit post caught the eye of another forum user who agreed to order two large supreme pizzas in return for 10,000 Bitcoin.

    “I wanted to do the pizza thing because to me it was free pizza,” Laszlo later explained.

    “I mean, I coded this thing and mined Bitcoin and I felt like I was winning the internet that day.

    "I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner.

    “I was like, ‘Man, I got these GPUs linked together, now I’m going to mine twice as fast. I’m just going to be eating free food; I’ll never have to buy food again.’”

    To commemorate Lazlo's legendary transaction, May 22 is dubbed Bitcoin Pizza Day
     
    To commemorate Lazlo's legendary transaction, May 22 is dubbed Bitcoin Pizza Day

    Laszlo believes his infamous fast food lunch even helped with the incredible explosion of Bitcoin.

    He told Cointelegraph: "I'd like to think that what I did helped. But I think if it wasn't me, somebody else would have come along. And maybe it wouldn't have been pizza.

    "But I think Bitcoin was kind of destined to get big, and I didn't know everything about bitcoin back then - I mean,

    "I had only been playing with it a couple months, and I figured out how to mine, I actually wrote the first GPU miner - and that's how I got all those bitcoins that I was kind of giving away."

    After the first transaction, Hanyecz would go on to do it many more times and spend a total of 100,000 Bitcoin on pizza that summer - now worth £4.5billion.

    To commemorate Lazlo's legendary transaction, May 22 is dubbed Bitcoin Pizza Day.

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