Cryptocurrency Collapse Continues Cryptocurrency lender and financial firm BlockFi filed for bankruptcy as the Ponzi scheme called Cryptocurrency continues its uncontrolled collapse. FTX was supposed to bail them out, but guess what – that is unlikely to happen. Withdrawals are “paused” for now, another term for you are screwed. Also remember that if you have […]
Continue reading → [DISPLAY_ACURAX_ICONS]Putin is dealing with the reality of the worldwide financial sanctions crippling his economy. His solution is to create a financial system based on distributed finance or DiFi. An example is cryptocurrency. Using DiFi, Putin thinks he can get around sanctions. There are, of course, a couple of holes in this logic. First, who besides […]
Continue reading → [DISPLAY_ACURAX_ICONS]I report about crypto exchange hacks every week, so what is different here? Crypto Exchange FTX filed for Chapter 11 bankruptcy the day after it said everything is fine. There are more than 130 investors involved. Or should I call them suckers? Okay, end of editorial. While Chapter 11 allows a company to “reorganize”, it […]
Continue reading → [DISPLAY_ACURAX_ICONS]Dropbox says it was phished – simple as that. As a result, the attacker had access to 130 of its code repositories and downloaded a wide range of information. Dropbox has been very transparent about this, but it is both embarrassing and damaging to the company. The hackers socially engineered an employee to give up […]
Continue reading → [DISPLAY_ACURAX_ICONS]New White Paper on the Global Cyberwar and Societal Response We have just released a new white paper and are looking for feedback on this non-technical paper titled The Global Cyberwar and Societal Response. The target audience for this white paper is business and IT pros who want to be knowledgeable about managing company risk […]
Continue reading → [DISPLAY_ACURAX_ICONS]IRS Text Spam No, that text message that you just got did not come from the IRS. In fact, text spam, also known as smishing, leveraging the IRS’s name is exploding. I am guessing that because people are scared of the IRS and hence, they will respond to the scam spam. IRS commissioner Chuck Rettig […]
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