The Daily: Huobi Nears Backdoor Listing, Musk Still Loves Scambots

In today’s edition of Bitcoin in Brief we cover stories that show how Houbi is nearing a possible backdoor listing on the Hong Kong Stock Exchange, why Elon Musk is still impressed by the quality of cryptocurrency scambots on Twitter, and an Italian football club bought with crypto.

Huobi Nears Backdoor Listing

Musk Still Loves Scambots

The founder of Tesla and Spacex, Elon Musk, seems to still be impressed by Twitter scambots – algorithms that automatically reply to messages by high profile accounts with false promises of giveaways. Back in July he sounded like he wanted to offer the programmers behind them a job, tweeting: “I want to know who is running the Etherium (sic) scambots! Mad skillz …”. He’s apparently so impressed with their performance, he’s now joked, “At this point, I want ETH even if it is a scam.”

Italian Football Club Bought With Crypto

Mycrypto Raises $4 Million in Series A Funding

Mycrypto, the client-side tool for generating ETH wallets created by Myetherwallet founder Taylor Monahan, has announced today it raised $4 million in a Series A round of funding led by Polychain Capital. Additional investors include Boost VC Fund 3 LP, Mainframe’s Mick Hagen, Chance Du (Coefficient Ventures), Ausum Blockchain Fund LP, early Dropbox employee Albert Ni and Earn Co-Founder Lily Liu (4T Global LLC). “We believe today one of the major bottlenecks to cryptocurrency adoption is the lack of an easy-to-use interface for average people. Mycrypto is led by hardcore cryptocurrency entrepreneurs and is well-positioned to onboard the next one hundred million cryptocurrency users,” said Olaf Carlson-Wee, Founder and CEO of Polychain Capital.

What do you think about today’s news tidbits? Share your thoughts in the comments section below.