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Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the US and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters. The vast majority of blue-chip companies have steered clear of crypto as the volatility of bitcoin and other tokens renders them impractical for commerce. Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment. These include electric carmaker Tesla, which in 2021 began to accept payment in bitcoin, the biggest crypto coin, before CEO Elon Musk halted it because of environmental concerns. Ferrari's Chief Marketing and Commercial Officer Enrico Galliera told that Reuters cryptocurrencies had made efforts to reduce their carbon footprint through the introduction of new software and a larger use of renewable sources. "Our target to reach for carbon neutrality by 2030 along our whole value...

A cruel scam is targeting unsuspecting Australians struggling with rising cost of living expenses by promising a one-off myGov payment to “help you cope” with the crisis. The scam text, shared to Reddit, claims to be from the government service. But it instead works by duping the recipient into sharing their personal details. WATCH THE VIDEO ABOVE: How to spot a scam and what to do if you’re caught out by a scam text or email. Watch the latest News on Channel 7 or stream for free on 7plus >> The scam comes as calls continue to mount for the federal government to raise the rate of welfare payment s, which currently sit at $49.50 per day for singles on JobSeeker and $40.20 per day for Youth Allowance. “myGov: We’re providing $800 in a single payment to help you cope with the cost of living crisis,” the scam text message states, alongside a link to a faulty URL posing as a government website. The message recipient warned others to “be careful of this one”, sharing concerns how th...

Customers of streaming giant Spotify are being warned to be aware of a phishing scam designed to swindle personal details and money out of unsuspecting users. Email spam protection service MailGuard discovered the sneaky tactic last week when it started blocking the scam email s bearing the subject line: “Spotify: We’re unable to bill you.” WATCH THE VIDEO ABOVE: Queensland man wanted for bizarre ‘humming’ box cash copying scam. Watch the latest News on Channel 7 or stream for free on 7plus >> “The sender name reads ‘Last Reminder’, but it’s actually sent from what appears to be a compromised support account belonging to a South African business,” it warned in a blog post. The email includes the Spotify logo in its header to seem more authentic and tells the recipient they need to update their payment details as the service is “unable to bill”. Email spam protection service MailGuard discovered the phishing email last week with the subject line:  “Spotify: We’re unable to bill y...