marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
information technology
11/18/2022
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By JD Heyes
Feds introducing ‘digital’ currency that government can ‘program’ to control individual behavior
As the United States is preparing to enter a significant and purposeful recession that could eventually trigger a full-blown depression, the Federal Reserve has announced a “digital currency pilot program” at all 12 of its banks — currency that the government will be able to “program” in a way to control personal spending habits and […]
08/11/2022
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By Belle Carter
US Treasury group blacklists cryptocurrency mixer Tornado Cash over predictable “money laundering” claims
The Department of the Treasury‘s Office of Foreign Assets Control (OFAC), a U.S. government watchdog agency, sanctioned cryptocurrency mixer Tornado Cash on Monday, August 8. The OFAC said Americans could no longer use the app because it “launders the proceeds of cybercrimes.” “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls […]
08/04/2022
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By Arsenio Toledo
Solana blockchain targeted in cyberattack, hackers stole $5.2 million worth of crypto assets from around 8,000 wallets
Approximately 8,000 digital wallets connected to the blockchain platform Solana have been targeted by hackers, who have drained them of over $5.2 million worth of digital assets – including the platform’s own sol coin, USD Coin (USDC) and a small number of non-fungible tokens. According to Twitter account Solana Status, which provides status updates for the Solana […]
06/29/2022
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By Arsenio Toledo
Hackers steal over $104 million worth of crypto assets from blockchain bridge
Hackers have stolen approximately $104 million worth of cryptocurrency from cryptocurrency startup Harmony, which hosts the Horizon “blockchain bridge.” Blockchain bridges facilitate communication between different blockchains and allow users to send cryptocurrencies and other assets like tokens and NFTs between different blockchains. These bridges play big roles in the world of decentralized finance (DeFi), as the spread-out nature […]
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, […]
07/17/2020
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By Mike Adams
One fat-fingered network admin at Cloudflare just brought down literally half the internet with a single keystroke… imagine what’s possible with malicious intent
Literally half the internet was brought down today by a fat-fingered network admin at Cloudflare who misconfigured a single piece of hardware: A border router that directs TCP/IP traffic, carrying website data across the world. The outage was shockingly widespread, affecting literally millions of websites for as long as an hour. Cloudflare blames a single […]
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