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]Accounting firm Bansley & Kiener agreed to a $900k settlement to resolve a class action after a breach. The accounting firm was breached in December 2020 but did tell people about it. In May 2021 they discovered that information had been stolen. Side note: why did it take them six months to figure out that […]
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]The Great Crypto-Cop Brain Drain As if things weren’t hard enough for the cops, the ones that have been tracking down the bad crypto apples have discovered the grass is greener on the corporate side – a lot greener. And they are fleeing the government side, making things even harder for the remaining govies. Read […]
Continue reading → [DISPLAY_ACURAX_ICONS]According to a draft report from the European Parliament, EU governments have used spyware on their citizens for political purposes and to cover up corruption and criminal activity. The 159 page report comes after revelations about the Pegasus Project. The Pegasus Project report is based on reporting by an international group of journalists and is […]
Continue reading → [DISPLAY_ACURAX_ICONS]In September the San Francisco Board of Supervisors passed a law that allowed the police basically unlimited access to any video feed which the owner allows them to access – without a warrant or judicial oversight and basically, for an unlimited period of time (although there are some limited restraints on this). A coalition of […]
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