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Keyword: bitcoin

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  • IRS Followed Bitcoin Transactions, Taking down The Largest Child Exploitation Site On The Web

    10/17/2019 8:58:46 AM PDT · by ShadowAce · 46 replies
    Forbes ^ | 16 October 2019 | Kelly Phillips Erb
    The largest dark web child pornography site in the world has been taken down. That was the word today from the U.S. Attorney’s Office for the District of Columbia, the Justice Department’s Criminal Division, the IRS Criminal Investigation (IRS-CI), and U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), together with the National Crime Agency of the United Kingdom and Republic of Korea... IRS-CI was able to trace bitcoin transactions to people all over the world who were uploading and downloading this material, as well as find the location of the site administrator. By analyzing the blockchain and de-anonymizing bitcoin...
  • Feds take down the world's 'largest dark web child porn marketplace'

    10/16/2019 3:46:00 PM PDT · by Perseverando · 37 replies
    NBC News ^ | October 16, 2019 | Cyrus Farivar and Andrew Blankstein
    The dark web, a section of the internet that can only be accessed via a Tor browser, is designed to protect users' tracks online and obscure digital footprints.Jeroen Jumelet / EPA-EFE WASHINGTON — Federal prosecutors have filed multiple charges against a 23-year-old South Korean man accused of running what they call the world's "largest dark web child porn marketplace." The now-shuttered English-language site, called "Welcome to Video," contained more than 200,000 unique videos or almost 8 terabytes of data showing sex acts involving children, toddlers and infants, according to the 18-page criminal indictment unsealed here Wednesday, and processed 7,300...
  • Google’s “Quantum Supremacy” To Render All Cryptocurrency & Military Secrets Breakable

    09/22/2019 9:13:04 AM PDT · by Enlightened1 · 36 replies
    Summit News ^ | 09/21/19 | Paul Joseph Watson
    Google’s announcement that it has achieved “quantum supremacy” with a 53-qubit quantum computer greases the skids for all cryptocurrency and military secrets protected by cryptography to be breakable in a stunning new development that will change the world. The Big Tech corporation’s new quantum processor took a mere 200 seconds to complete a computing task that would normally require 10,000 years on a supercomputer. The 53-qubit quantum computer can break any 53-bit cryptography in seconds, meaning Bitcoin’s 256-bit encryption is vulnerable once Google scales its quantum computing to 256 qubits, something their own scientists say will be possible by 2022....
  • Google researchers have reportedly achieved “quantum supremacy”

    09/21/2019 2:06:43 AM PDT · by Berlin_Freeper · 21 replies
    technologyreview.com ^ | September 20, 2019 | MIT Technology Review
    According to a report in the Financial Times, a team of researchers from Google led by John Martinis have demonstrated quantum supremacy for the first time. This is the point at which a quantum computer is shown to be capable of performing a task that’s beyond the reach of even the most powerful conventional supercomputer. The claim appeared in a paper that was posted on a NASA website, but the publication was then taken down. Google did not respond to a request for comment from MIT Technology Review.
  • Google researchers have reportedly achieved “quantum supremacy”

    09/20/2019 3:20:30 PM PDT · by LibWhacker · 47 replies
    MIT Technology Review ^ | 9/17/19 | Martin Giles
    Google researchers have reportedly achieved “quantum supremacy” The news: According to a report in the Financial Times, a team of researchers from Google led by John Martinis have demonstrated quantum supremacy for the first time. This is the point at which a quantum computer is shown to be capable of performing a task that’s beyond the reach of even the most powerful conventional supercomputer. The claim appeared in a paper that was posted on a NASA website, but the publication was then taken down. Google did not respond to a request for comment from MIT Technology Review.Why NASA? Google struck...
  • Why Bitcoin, Ethereum, and most altcoins are doomed! (Opinion / Vanity)

    09/05/2019 7:06:07 AM PDT · by blabs · 35 replies
    Vanity ^ | 09/052019 | Self
    If you're not familiar with the term "Bretton-Woods" and "Petrodollar", allow me to provide a brief summary. To help fund World War II, the US ratified the Bretton-Woods agreement, essentialy creating Fiat money (tying only a small fraction of Gold to the US Dollar). Since the US controlled 2/3 of the worlds gold, it placed the US Dollar as the world reserve currency and created the ability to print money on demand (then ultimately leading to a complete severing of gold and the beginning of the endless devaluation of the US Dollar) Bretton-Woods was terminated in 1971, and the Petrodollar...
  • “My Reveal”Part II By Satoshi Nakamoto

    08/19/2019 1:24:06 PM PDT · by DUMBGRUNT · 26 replies
    Satoshi Nakamoto ^ | 19 April 2019 | Satoshi Nakamoto
    I mined 980,000 Bitcoins using a remote computer and my laptop in 2009. As Hal Finney explained this in his 2013 Bitcointalk post quite accurately, “those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU.” My full legal name is James Bilal Khalid Caan. But I will forever be known as Satoshi Nakamoto.
  • “My Reveal” By Satoshi Nakamoto

    08/18/2019 6:50:49 PM PDT · by DUMBGRUNT · 16 replies
    “My Reveal” By Satoshi Nakamoto ^ | 18 Aug 2019 | As told to Ivy McLemore
    This must have been subconsciously lodged in my mind, thus creating the surname for Satoshi. I did not learn for many years after I created Bitcoin that Hal lived in the same Temple City, Calif., neighbourhood as one of only three people in the U.S. at the time with the name Satoshi Nakamoto. The man’s full name is Dorian Satoshi Nakamoto, and he was mistakenly identified as me in a Newsweek cover story in 2014. It has been speculated that I sent an email from my old Satoshi address at the time that said, “I am not Dorian Nakamoto.” I...
  • Visionary Bitcoin Creator Satoshi Nakamoto to Reveal Identity

    08/16/2019 8:02:55 PM PDT · by DUMBGRUNT · 23 replies
    Globe Newswire ^ | 16 Aug 2019 | Ivy McLemore
    After a decade of anonymity, Satoshi Nakamoto will break his silence in Part I of his “My Reveal” Sunday, Aug. 18, at 4 p.m. EDT In addition to his real-life identity, Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 bitcoins.
  • $3B Chinese Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds

    08/15/2019 8:11:19 AM PDT · by SeekAndFind · 11 replies
    Coin Telegraph ^ | 08/15/2019 | By Marie Huillet
    Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame. On Aug. 14, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — called attention to the ongoing mass sell-offs from the fraudulent Chinese investment scheme, dubbed PlusToken. 10 million investors scammed of $3 billion As Wan outlines, PlusToken was created in mid-2018 and promised high yield investment returns at different rebate percentages to its four tiers of member — a classic Ponzi scheme structure. By early 2019, the project claimed to have over...
  • Bitcoin price tumbles following Trump’s criticism

    07/15/2019 9:52:30 AM PDT · by xzins · 20 replies
    Fox News ^ | July 15, 2019 | Katherine Lam
    The price of bitcoin tumbled Monday after President Trump Opens a New Window. tweeted Thursday that he was “not a fan” of cryptocurrencies and criticized Facebook’s Opens a New Window. Libra digital currency that’s set to launch next year. Bitcoin price briefly hit below $10,000 just after midnight Monday, a two-week low for the leading digital coin, Coindesk’s data Opens a New Window. showed. The cryptocurrency appeared to rebound slightly to bring it past $10,000 as of Monday morning. It’s unclear what caused the sudden price drop, but it comes just days after Trump took to Twitter to slam cryptocurrencies....
  • How going cashless allows Big Brother to spy on your every move: (trunc)

    07/14/2019 11:03:35 PM PDT · by SaveFerris · 113 replies
    DailyMail.Com News ^ | By Ian Birrell In Sweden For The Mail On Sunday | Published: 19:22 EDT, 13 July 2019 | Updated: 22:36 EDT, 13 July 2019
    Gustaf can remember the precise date when he last used cash. 'It was October 7 last year,' he told me without hesitancy. 'I found an old note that I had forgotten about and used it to buy some sweets.' Like many others at his university in Gothenburg, Sweden, Gustaf relies on cards and smartphones to spend money. 'None of us use cash – you just don't need it these days,' he said. Card only: Sweden has become a cashless society so shoppers have switched to cards and smartphones But there is one problem – a big one. The 20-year-old computer...
  • Bitcoin not built to last, despite recent surge

    07/01/2019 9:28:19 AM PDT · by SeekAndFind · 47 replies
    New York Post ^ | 07/01/2019 | Jonathan Trugman
    Last week we saw bitcoin, the great hope of cryptocurrency, skyrocket to over $13,000. It was in the vicinity of $3,200 as recently as December. Why? Maybe it was Facebook’s new venture into creating its own digital currency, Libra — although, if that were to be successful, how it would offer any type of validation of bitcoin is beyond me, and a whole lot of smart people on Wall Street. In fact, it might spell the beginning of the end for bitcoin. There are almost no major Wall Street investors of substance with meaningful track records who have invested in...
  • Why Riviera Beach agreed to pay a $600,000 ransom payment to regain data access

    06/23/2019 3:32:18 PM PDT · by dynachrome · 38 replies
    Palm Beach Post ^ | 6-20-19 | Tony Doris
    The Riviera Beach City Council authorized the city’s insurer to pay nearly $600,000 worth of ransom to regain access to data walled off through an attack on the city’s computer systems. In a meeting Monday night announced only days before, the board voted 5-0 to authorize the city insurer to pay 65 bitcoins, a hard-to-track cryptocurrency valued at approximately $592,000. An additional $25,000 would come out of the city budget, to cover its policy deductible. Without discussion on the merits, the board tackled the agenda item in two minutes, voted and moved on. The dollar amount was not mentioned before...
  • Florida city pays hackers $600K in bitcoin to get computer systems back

    06/21/2019 1:56:41 AM PDT · by Libloather · 60 replies
    NY Post ^ | 6/20/19 | Lia Eustachewich
    A small city in Florida has agreed to pay nearly $600,000 in bitcoin ransom to hackers who took control of its computer systems in a ransomware attack, according to reports. The Riviera Beach City Council on Monday unanimously approved its insurance carrier to pay 65 bitcoin — valued at about $592,000 — in hopes of regaining full access to its network, the Palm Beach Post reported. The attack two weeks ago wiped out the city’s entire computer system. The city council was left without email and phone service, direct-deposit paychecks had to be hand-delivered instead and the police department had...
  • For my followers: my recent tweets are less for you than they are fir my pursuers.(mcafee naming)

    06/09/2019 12:24:16 PM PDT · by RummyChick · 53 replies
    twitter ^ | 6/9/2019 | mcafee
    For my followers: my recent tweets are less for you than they are fir my pursuers. They are shots across the bow .. https://twitter.com/officialmcafee/status/1137799476507217921
  • Cybersecurity LEGEND McAfee:‘Russian Hack’ Is NOT TRUE! (McAffee: evidence intel “ignorant & naïve")

    01/06/2017 8:59:54 AM PST · by xzins · 57 replies
    The Gateway Pundit ^ | Jan 6th, 2017 | Ryan Saavedra
    John McAfee Talks About ‘Russian Hack’ One of the most brilliant cyber-security experts has come forward to give his thoughts on the supposed Russian hack of the U.S. election. I will be on @RT_America today at 8pm ET. I’ll drop a bombshell on today’s US intelligence claims. @realDonaldTrump I hope you’re listening. — John McAfee (@officialmcafee) January 5, 2017 From RT: The sloppiness of the alleged DNC hack by itself proves it was not organized by a nation state, and the “utter nonsense” presented as proof of Moscow’s involvement is rather evidence of intelligence agencies being “ignorant and naïve,” John...
  • John McAfee: 'Iran hacked the DNC, and North Korea hacked DYN'

    10/22/2016 12:43:53 PM PDT · by Az Joe · 42 replies
    CSO ^ | October 21, 2016 | CSO
    "John McAfee -- in an email exchange and follow up phone call just moments ago -- said sources within the Dark Web suggest it was Iran, and he absolutely agrees. While Russian hackers get more media attention nowadays, Iranian hackers have had their share. "
  • John McAfee Reveals How The FBI Can Unlock An iPhone In 30 Minutes

    03/02/2016 11:57:21 PM PST · by Swordmaker · 48 replies
    IBTimes ^ | March 3, 2016 | BY DAVID GILBERT
    John McAfee, the anti-virus program pioneer and gadfly U.S. presidential candidate, claimed that unlocking the Apple iPhone of Syed Farook, one of the shooters who carried out a deadly attack in San Bernardino, California, late last year, is a “trivial” exercise and explained how it should take the FBI just 30 minutes to complete it. McAfee, who is among 12 candidates vying for the Libertarian Party nomination to run for president this year, spoke to Russia Today about the continuing debate over the FBI’s attempt to force Apple Inc. to unlock the iPhone 5C used by the terrorist by creating...
  • [From December 26, 2015] McAfee anti-virus creator to run for U.S. president as Libertarian

    02/15/2016 3:24:02 PM PST · by ObamahatesPACoal · 20 replies
    UPI news ^ | December 26, 2015
    John McAfee, better known in recent years for his brushes with the law in Belize and Guatemala than for his anti-virus software, filed to run for United States president as a Libertarian candidate. McAfee told USA Today he plans to run on a platform of pardoning all marijuana users in prison and and to "stop the U.S. from being the world's policeman." Doug Craig, a national board member of the Libertarian Party, said,"He fits right in with our political philosophy.: Earlier this year, McAfee vowed to run as a member of the Cyber Party to "disrupt the political status quo"...