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Reading: Elon Musk’s Joke Shook Social Media! Janet Yellen and Bitcoin Connection!
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Elon Musk’s Joke Shook Social Media! Janet Yellen and Bitcoin Connection!
Bitcoin and BTC

Elon Musk’s Joke Shook Social Media! Janet Yellen and Bitcoin Connection!

vitalclick
Last updated: January 17, 2025 12:52 pm
4 months ago
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Contents
Attack Details and Access to Yellen’s ComputerMusk’s Bitcoin Comment and BTC PriceOther Officials Affected by the AttackMeetings with CongressRelationship between Bitcoin and Cyber ​​Security

Tesla CEO Elon Musk, who will lead the Department of Government Efficiency (DOGE) in the Donald Trump administration, announced that Bitcoin will be released following the latest Chinese cyberattack incident on US Treasury Secretary Janet Yellen. $101,851.7 He made a joke about it. This statement comes as the US Treasury Department continues its investigation into this month’s Chinese cyberattack.

Attack Details and Access to Yellen’s Computer

According to new statements made on Thursday, Chinese hackers gained access to the computer of US Treasury Secretary Janet Yellen. Thereupon, Elon Musk humorously stated that Yellen might have clicked on an e-mail containing “send me 1 BTC, I will send you 2 BTC”.

Musk’s Bitcoin Comment and BTC Price

Elon Musk’s comments on Bitcoin have been long awaited and come as BTC broke the $100,000 mark, rising 1.6% to $101,183.41. Additionally, Bitcoin’s market value managed to exceed the $2 trillion level.

Other Officials Affected by the Attack

According to sources, the attackers also accessed Janet Yellen’s computer, as well as the computers of the deputy minister, Deputy Secretary Wally Adeyemo, and Interim Prime Minister Brad Smith. In a previous statement by the Treasury Department, it was stated that the attackers mainly focused on systems related to sanctions, intelligence and international relations, but did not gain access to e-mail or confidential systems.



“We confirm that the specified attack was carried out without damaging the Treasury Department’s critical systems.” – Incoming Treasury Department Official

Meetings with Congress

On Wednesday and Thursday, Treasury staff briefed congressional aides and legislative members about the attack. These meetings coincided with the confirmation hearing for Scott Bessent, President Donald Trump’s nominee for Treasury Secretary.

The developments after the attack brought the issue of cyber security to the attention of the public and authorities again. Musk’s joke attracted attention on social media and caused temporary fluctuations in the cryptocurrency markets.

Relationship between Bitcoin and Cyber ​​Security

The increasing popularity of digital currencies such as Bitcoin is expanding the targets of cyber attackers. The attack on Yellen’s computer shows that financial institutions need to review their digital security protocols.

While Treasury Department officials continue to investigate the details of the attack, they plan to take new measures to ensure the security of digital assets.

As a result, Elon Musk’s joke and the cyber attack experienced by the US Treasury Department once again revealed the importance of digital currencies and cyber security today. These developments emphasize that institutions and individuals need to be more careful about digital security.



Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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