Facebook's Ex-Security Chief Details His 'Observatory' for Internet Abuse

Alex Stamos’ Stanford-based project will try to persuade tech firms to offer academics access to massive troves of user...

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How Government Agencies Make Criminals of Crypto Traders
Jul26

How Government Agencies Make Criminals of Crypto Traders

A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face up to five years in prison and a $250,000 fine if convicted. Green isn’t alone. With tighter and tighter crypto regulations being...

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Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
Jul26

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay. Allegedly, Jetman Pay collects airline taxes from travelers who purchase tickets from Maiquetía International Airport and the Venezuelan...

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The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
Jul26

The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn

“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those who invested political capital in failed solutions. The chorus of voices warning about the next ‘Big One’ has become hard to ignore....

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Consensys Inner Conflicts Spark Legal Action Against Founder
Jul26

Consensys Inner Conflicts Spark Legal Action Against Founder

Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust enrichment, and breach of contract. Also Read: Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit Consensys Founder...

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