Bitcoin’s mainstream embrace is incomplete without mentioning American electric-vehicle maker Tesla. Its mammoth purchase of the cryptocurrency has proved to be a crucial push in the ongoing bull season. But it appears that the Elon Musk-led carmaker is way more committed than merely holding the crypto-asset and accepting it as a mode of payment.
Tesla reported a bug in the open-source cryptocurrency payment processor and wallet BTCPay Server. In addition to that, it also assisted the platform’s team fix the bug on the company’s GitHub page.
According to BTCPay, the critical vulnerability in question essentially affected users who use ‘Docker Deployment’ and have configured email server SMTP and share their instance with other users.
BTCPay’s tweet regarding the same read,
“We want to thank Tesla for submitting the disclosure that led to these fixes and helping us with remediation. Thank you for contributing to the community and helping keep our users safe. We also want to thank Qaiser Abbas, an independent web-security researcher, for an additional responsible vulnerability disclosure that was handled in this release.”
Tesla Ramping Up Its Bitcoin Game
Over the last couple of months, Musk and his firm Tesla has been aggressively promoting Bitcoin. Tesla even went ahead and acquired $1.5 billion worth of Bitcoin this February. Firstly, it also started off by announcing accepting Bitcoin in the US. The company’s CEO Elon Musk had previously noted that the BTC received from its purchases will not be converted to fiat.
According to a filing with the United States’ Securities and Exchange Commission [SEC], Tesla stated that it bought the crypto-asset for “more flexibility to further diversify and maximize returns on its cash.”
Additionally, Musk announced the addition the ‘Pay by Bitcoin’ capability which will be made available outside the US at the end of 2021.
The Palo Alto-based company had joined the list of other tech firms such as MicroStrategy and payments firm Square who had previously whole-heartedly embraced Bitcoin as the bull season intensified.