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05/20/2022
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By Kevin Hughes
Domino effect: TerraUSD collapse sends Bitcoin, Ethereum crashing
A recent market meltdown in the broader crypto market has cryptocurrencies like Bitcoin and Ethereum suffering huge losses. The massive meltdown was caused by the collapse of TerraUSD, one of the world’s biggest stablecoins. TerraUSD traded for as low as 23 cents amid panic selling and triggered a meltdown that sent cryptocurrency values plummeting. (Related: “Stablecoins” Terra and Luna crater, […]
02/21/2022
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By JD Heyes
FBI set to launch new “crypto crimes unit” as more people turn to virtual currency to escape govt. control of personal finances
Because the FBI no longer serves the American people and has, over the years, been transformed into an agency that creates more crimes through entrapment than it solves, the bureau is set to launch a new “crypto crimes” unit to “investigate” criminal activity involving virtual currency. According to Coin Desk, the “National Cryptocurrency Enforcement Team […]
01/04/2022
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By Ethan Huff
Hundreds of Salvadorians say Bitcoin has vanished from their government-issued centralized “Chivo” wallets
It is being reported that hundreds of people in El Salvador are unable to access Bitcoin in their centralized, government-issued “Chivo” Wallets. The unconfirmed reports are circulating on Twitter, where numerous users say that their non-private wallets have been tampered with by government officials. “This is what happens when you let corrupt and greedy politicians have full […]
12/08/2021
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By Matthew Davis
Hackers steal $196 million from crypto trading platform Bitmart
Blockchain security and data analytics firm Peckshield on Saturday, Dec. 4, revealed that hackers have taken $196 million from crypto trading platform Bitmart. Bitmart confirmed the hack in an official statement, branding it “a large-scale security breach” and saying that hackers withdrew about $150 million in assets – which is less than the estimate of Peckshield. Following […]
08/07/2021
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By News Editors
The cryptocurrency surveillance provision buried in the infrastructure bill is a disaster for digital privacy
The forthcoming Senate draft of Biden’s infrastructure bill—a 2,000+ page bill designed to update the United States’ roads, highways, and digital infrastructure—contains a poorly crafted provision that could create new surveillance requirements for many within the blockchain ecosystem. This could include developers and others who do not control digital assets on behalf of users. (Article by Rainey […]
05/30/2021
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By Franz Walker
The IRS wants “reliable” tools to crack crypto wallets
The Internal Revenue Service (IRS) wants access to tools that can crack crypto wallets of erstwhile digital tax evaders. The IRS’s Criminal Division Forensics Unit released a request for information (RFI) looking for “reliable” tools and processes to crack the crypto wallets used by many to store their cryptocurrency fortunes. “Though a few known cyber penetration testers […]
05/13/2021
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By Mike Adams
BITCOIN GREENWASHING: No, Bitcoin mining isn’t mostly powered by clean, renewable energy, but the cult-like self-delusion of Bitcoin apologists is itself a fascinating science experiment
Elon Musk just ignited a firestorm of controversy when he announced Tesla would not longer accept Bitcoin due to the environmental concerns related to Bitcoin mining and its gargantuan energy consumption. The pro-Bitcoin community erupted in a fierce backlash, claiming that most of Bitcoin’s energy usage comes from renewables, and that the more energy Bitcoin […]
12/24/2018
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By Ethan Huff
Noted financial guru Roubini says Bitcoin is the “biggest bubble in human history” and will crash to ZERO
A prominent economist who many people refer to as “Dr. Doom” is predicting that the price of Bitcoin is headed straight down to zero in the not-too-distant future. Nouriel Roubini, chairman of Roubini Macro Associates, believes that the popular digital cryptocurrency has been wildly overhyped since its onset, and now represents what he recently described […]
09/14/2018
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By Tracey Watson
The crypto bubble has burst: 80% plunge unfolds exactly as Adams warned over a year ago
For over a year, Mike Adams, the Health Ranger and founder/editor of Natural News, warned over and over again that Bitcoin and other cryptocurrencies were nothing but a glorified Ponzi scheme, that those buying into the concept were like “sheep being led to slaughter,” and that the whole thing would end catastrophically. Nonetheless, the lure […]
04/20/2018
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By David Williams
“Tamper-proof” cryptocurrency wallet just backdoored by a 15-year-old self-taught programmer
Cryptocurrency wallets were invented to allow those who owned cryptocurrencies, such as Bitcoin, to have an easy way to store and access them via hardware. For a long time, the makers of these devices marketed their products as tamper-proof and capable of keeping any and all of their contents safe. But as it turns out, […]
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