The FBI Backs Down Against Apple—Again

The agency cracked the Pensacola iPhones, but it still views Cupertino as a problem—even though it’s easier to break into iPhones than it has been in...

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Cryptocurrency Hardware Wallets Can Get Hacked Too

New research shows vulnerabilities in popular cold-storage options that would have revealed their PINs.

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Economists Predict Worst Recession Ever for India Amid Lockdown Extension
May19

Economists Predict Worst Recession Ever for India Amid Lockdown Extension

Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists call “aimless” and a “lost opportunity.” Economists Predict Worst Recession Ever for India Two leading global...

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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
May19

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. Stores that are connected will all use Mega Soft’s Merchant Server platform...

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From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
May19

From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money

The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their own hard-earned savings. The news shows the great importance of censorship-resistant money and how society should gravitate toward ideas like bitcoin...

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