facebookcollapse
searchengine
robotics
virtualreality
computing
cyberwar
glitch
digital currency
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, […]
04/27/2022
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By News Editors
Microchip implanted in your hand? Why worry?
Story at a glance: Implantable microchips are marketed as the ultimate in convenience, but the goal is to create the Internet of Bodies, described by the World Economic Forum (WEF) as an ecosystem of “an unprecedented number of sensors,” including emotional sensors, “attached to, implanted within, or ingested into human bodies to monitor, analyze and […]
02/22/2022
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By Nolan Barton
Tammy Cuthbert Garcia: Imagine the power they will exercise over us when they control one centralized currency
Tammy Cuthbert Garcia slammed the Canadian government for infiltrating private entity platforms GoFundMe and GiveSendGo to sabotage the largely successful Freedom Convoy. “The money is still not being distributed. That’s how much power the government has over this fund. And these are private companies. Imagine the power they will exercise over us when they control […]
01/19/2022
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By Arsenio Toledo
Congressman introduces bill that would ban the Federal Reserve from issuing digital currency
Republican Rep. Tom Emmer of Minnesota recently introduced a bill that would ban the Federal Reserve from issuing a central bank digital currency (CBDC). The Fed has been studying the possibility of issuing a digital currency for some time now. This would entail Americans who want to avail of this digital currency to open an account […]
08/13/2021
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By Ramon Tomey
Hackers target Poly Network crypto platform, steal more than $600 million
Hackers targeted cryptocurrency platform Poly Network and stole $611 million worth of crypto tokens. Poly Network confirmed the hack – suspected to be the largest decentralized finance (DeFi) fraud – on Aug. 10. The platform promised legal action against the hackers and called on crypto exchanges to block the stolen tokens. A Cryptonews report provided […]
06/15/2021
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By Nolan Barton
Cybercriminals ditching Bitcoin in favor of Monero
Cybercriminals who thought transacting in cryptocurrency automatically protected them from scrutiny were proven wrong when the Federal Bureau of Investigation (FBI) successfully breached a crypto wallet held by the Colonial Pipeline hackers. Now with this in mind, hackers have started turning to coins with anonymity built into them, such as Dash, Zcash and Monero. Monero, in particular, is quickly becoming […]
01/24/2020
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By Edsel Cook
Authorities advise Swedish citizens to save banknotes in case of a cyber attack or war
In a few years, Sweden may become the world’s first cashless society. But is the Scandinavian country and its people truly ready to ditch cash for digital currency? Swedish government officials have recently warned its citizens to stockpile banknotes and coins before the country completes its transition from conventional cash to virtual currency. They explained that a […]
06/28/2018
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By Ethan Huff
After all the hype, Bitcoin can only process 1/1000th the number of transactions as VISA… cryptos “fatally flawed” warns report
The concept behind a peer-to-peer digital currency that’s controlled by the people rather than a private central bank is highly appealing in this day and age of ever-rising inflation. But the practical use of cryptocurrency is a completely different story, particularly with Bitcoin, which a new report says simply can’t be properly scaled for widespread […]
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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