Bitcoin Logo to Appear on Sleeve of Premier League's Watford FC Shirts

Neil Dennis

Bitcoin is to become one of the kit sponsors of Premiership football team Watford FC, with the cryptocurrency's symbol appearing on the shirtsleeve, the club announced on Thursday.

Nicknamed "The Hornets", Watford FC will also accept bitcoin as payment for club merchandise as part of a drive by the club's primary shirt sponsor Sportsbet.io to improve awareness and use of cryptocurrencies.

Giving Back

Justin Le Brocque, head of marketing at Sportsbet.io, a fiat and cryptocurrency online casino and betting website, said that putting the bitcoin logo on the sleeve "felt like a fun way to give something back while also showing them our support". He added:

Our partnership with Watford marks a major disruption in the world of traditional sports sponsorship, and by adding the Bitcoin logo we hope this world’s first partnership will create even more buzz around cryptocurrencies.

Watford FC said the sponsorship would be crowd-funded, allowing anyone who holds bitcoin to share in certain advantages granted to Watford FC supporters.

 

Featured Image Credit: Photo via WatfordFC.com

Rng Security Camera Hackers Start Demanding Bitcoin Payments From Victims

The owners of a Ring doorbell security camera in Texas have been targeted by a bitcoin extortion attempt, which they managed to thwart simply by removing the device’s batteries to shut it off. The case, nevertheless, shows Ring security camera hackers are now demanding cryptocurrency payments.

According to a report published by WFAA, spotted by Gizmodo, 28-year-old Tania Amador revealed her Ring security system was hacked by hackers looking to cash in on their access to the device, by demanding a ransom of 50 bitcoin, equivalent to around $360,000.

Speaking to WFAA Amador stated:

I was asleep and our Ring alarm was going off like an intruder had entered our home. Then we heard a voice coming from our camera.

The voice initially started claiming to be from Ring’s support team, notifying the homeowner her account had been terminated by a hacker. It soon added that if the didn’t pay the 50 bitcoin ransom, she would be terminated as well.

The situation appeared to turn worse for Amador and her partners, as the hackers managed to make it look like they were just outside her door after compromising the security camera, adding to the pressure of the situation. Their response was to reach the device and remove its batteries.

Without their batteries, the hijacked cameras simply went off and the bitcoin extortion attempt ended. Ring has notably been at the center of a controversy after various reports pf its doorbell cameras being hacked started emerging. A report by Motherboard showed that on hacking forums, software used to hack these devices is being sold for as little as $6.

This type of software is often sold on the dark web, where vendors even list Black Friday deals to appeal to their customers. Speaking to WFAA, a home security firm claimed that these security breaches were a result of third-party data breaches that include Ring account details, and not a security flaw within Ring’s security system itself.

Featured image via Unsplash.