Zoom Shut Down US-Based Activists at China's Request

Hackers for hire, a particularly ignominious phishing campaign, and more of the week’s top security...

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Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch
Jun14

Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch

A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will be “airdropped” twice the amount sent. Spacex Bitcoin Scam: Elon Musk’s BTC Giveaway A bitcoin scam claiming that Spacex and its CEO, Elon Musk,...

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Ayn Rand: Francisco d’Anconia’s Speech on Money
Jun14

Ayn Rand: Francisco d’Anconia’s Speech on Money

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value.” **The following speech, as spoken...

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JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
Jun14

JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold

JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.” In a new report entitled “Cryptocurrency takes its first stress test: Digital gold, pyrite, or something in between?”...

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Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
Jun14

Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal

Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might be liable to using their platforms to facilitate illegal transfers, Bloomberg reported. Madis Reimand, who heads the Estonian Financial...

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