blockchain
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, […]
05/19/2022
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By Arsenio Toledo
China quietly building its own blockchain platform designed to extend its control over the internet
China has been quietly developing its own blockchain platform, known as the Blockchain-based Service Network (BSN). The world found out about this endeavor in 2019, when Chinese President Xi Jinping said in a speech that his country needs to “seize the opportunities” presented by blockchain technology, and that it was an “important breakthrough in independent innovation of core […]
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 […]
06/27/2021
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By Franz Walker
South African brothers disappear with $3.6 billion worth of stolen bitcoin
A pair of South African brothers have vanished, taking with them $3.6 billion worth of bitcoin from the cryptocurrency investment platform they put up. A Cape Town law firm hired by investigators says it is unable to find Ameer and Raees Cajee, founders of Africrypt, the country’s largest cryptocurrency exchange. The firm has since reported […]
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