marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
hacking
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, […]
10/22/2020
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By Franz Walker
Robinhood users accounts hacked, looted
On Friday, Oct. 9, fintech startup Robinhood Markets announced that some of its customers might have been targetted by hackers. According to a company spokesperson, the issue did not come from a breach in its systems, but users’ personal accounts being compromised outside its platform. Robinhood, which has helped popularize trading among millennials thanks to its “zero-cost” […]
07/14/2018
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By Russel Davis
Have YOU been “cryptojacked?” Bitcoin miners are hacking computers; experts explain how to find out if you’ve been hit
Computer users may want to double check if something – or someone – is latching onto their devices, as experts recently raised the alarm on cryptojacking. Tech experts defined cryptojacking as an online activity that aims to exploit an untapped resource to develop an alternative revenue stream for games or media sites and simultaneously reduce the need to […]
06/15/2018
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By Ethan Huff
Six months ago, Bitcoin fanatics said the price was headed to $1 million; now it’s under $7,000
A recent hacking incident that took place against the South Korean cryptocurrency exchange, Coinrail, has sent the price of the popular digital currency Bitcoin plummeting to below $7,000 per coin. Just a few months after crypto speculators anticipated a meteoric rise in the price of Bitcoin – some still believe it will eventually reach $1 […]
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, […]
02/25/2018
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By David Williams
Bitcoin wallet devices found to be surprisingly vulnerable to hacking
People have touted bitcoin to be much more secure than most existing financial services. However, it’s not immune to hacks and other intrusions. A group of computer scientists has just shown how vulnerable Bitcoin can truly be, particularly when stored inside so-called hardware wallets that are meant to keep them safe in an analog form. […]
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