marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
information technology
12/13/2024
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By Ava Grace
Scammers using fake Telegram verification bots to steal cryptocurrency assets from unsuspecting victims
Scammers are combining social engineering with fake Telegram verification bots to inject crypto-stealing malware into users’ systems, leading to substantial losses. The scam involves creating counterfeit X accounts impersonating popular crypto influencers, luring followers to Telegram groups, and prompting them to verify their identities through a fake bot named “OfficiaISafeguardBot.” The fake bot injects a […]
02/06/2024
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By Arsenio Toledo
U.K. court might uncover REAL IDENTITY of mysterious Bitcoin founder Satoshi Nakamoto
A high court in the United Kingdom is deciding on a case that could end up proving whether an Australian computer scientist’s claim to be the mythical figure who created Bitcoin is true or false. For years, Craig Wright, 54, has claimed to be the mysterious, anonymous crypto founder who wrote under the pseudonym “Satoshi Nakamoto” […]
05/15/2023
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By News Editors
Ordinals, the beginning of the end of BTC?
Ordinals is a new NFT protocol on Bitcoin Core (BTC) that allows storing of data directly in the blockchain. The protocol is based on tracking individual Satoshis and reusing them as NFTs. This is referred to as “inscriptions“. Tracking is based on the order in which Satoshis are either mined or used in transactions. (Article by Tilman […]
05/12/2023
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By News Editors
Why the Mimblewimble protocol makes other privacy coin protocols obsolete
When evaluating the different blockchain protocols, it is not just a question of data protection on the one hand, but also of decentralization and scalability on the other. When it comes to the data protection granted by a system, it is necessary to consider what information leaks out through its use. No current blockchain system […]
04/12/2023
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By News Editors
New probe reveals ‘real-world harm’ of (energy-intensive) crypto mining operations
A report published Wednesday by the Environmental Working Group examines how the “mining” process behind popular cryptocurrencies including bitcoin, Dogecoin, and Monero creates a wide range of pollution that is harming communities and fueling the climate emergency. (Article by Brett Wilkins republished from CommonDreams.org) The EWG report — entitled Proof of Problems: Bitcoin Mining’s Pollution Toll […]
03/21/2023
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By Cassie B.
SAM THE SIPHON: Filings show former CEO Sam Bankman-Fried took $2.2 billion in customer funds for personal use
FTX Co-founder and former CEO Sam Bankman-Fried and five members of his inner circle reportedly pocketed more than $3.2 billion from parts of their crypto empire, including the hedge fund Alameda Research. Bankman-Fried and the other employees transferred the funds to their personal accounts using the label of “payments and loans.” This is according to […]
01/19/2023
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By Cassie B.
Was the FAA’s nationwide ground stop on flights last week the work of ransomware hackers?
When the Federal Aviation Administration (FAA) called for a full ground stop on all flights leaving the U.S. for a few hours last Wednesday due to a failure with the critical Notice To Air Missions (NOTAM) system, a damaged database file was cited as the problem. It sounds plausible enough; we increasingly rely on computer […]
12/21/2022
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By Arsenio Toledo
Coming economic collapse will be used to close banks and introduce central bank digital currencies
The coming global economic collapse will come with it the quick adoption of central bank digital currencies (CBDCs) around the world This is according to Clive Thompson, former managing director at Union Bancaire Privee, a private bank and wealth management firm in Geneva, Switzerland. He warned that this coming global financial crisis will start in one country and spread […]
12/21/2022
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By News Editors
EU funds test of biometric payments from digital wallets
The EU Commission will provide funds to a consortium whose job is to launch a payments pilot for the bloc’s digital ID wallet. (Article by Didi Rankovic republished from ReclaimTheNet.org) The NOBID (Nordic-Baltic eID Project) has been chosen to head a multi-national consortium comprising a number of companies such as Thales and iProov, who are expected to […]
11/30/2022
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By Ramon Tomey
11 Countries have already adopted central bank digital currencies and 105 others are considering it
Central bank digital currencies (CBDCs) are already in use in 11 countries, and 105 other nations are considering adopting the technology. Washington, D.C.-based think tank The Atlantic Council (TAC) defined a CBDC as “virtual money backed and issued by a central bank.” It named 10 countries in the Caribbean, alongside the West African country of Nigeria, as early adopters of […]
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