Posted on 06/25/2022 8:46:19 AM PDT by DUMBGRUNT
Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge developed by crypto start-up Harmony.
It follows a series of similar attacks on blockchain bridges, including the $600 million Ronin Network heist and the $320 million stolen from Wormhole.
In a follow-up tweet, Harmony said it’s working with the Federal Bureau of Investigation and multiple cybersecurity firms to investigate the attack.
(Excerpt) Read more at cnbc.com ...
Invest in crypto they said....you’ll clean up they said
We got this!…
Blackhole Investments 🤪
They probably hacked themselves!
LOL and ...
“I want crypto b/c I don’t want to deal with government issued fiat currency - that devalues over time.”
“Hi, I’d like to exchange my crypto coins purchased at $10,000 US for $20,000 US. Thank you.”
- What would Xiden do if he did not have major media and big tech covering for him?
- How would clean technology, computers and cell phones be made if it weren’t for fossil fuel?
- How would crypto currency be transacted if it weren’t for fossil fuels transacted in fiat currency?
- How would crypto be valued but for fiat currency?
We know there is one answer to all these questions - all would cease to exist.
(if you -—buy and sell-—)
Poster was just making a comment. But it reminded me where ALL electronic currency is going IMHO.
Revelation 13:16-18
King James Version
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might -—buy or sell-—, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
https://www.biblegateway.com/passage/?search=Revelation%2013%3A16-18&version=KJV
Excellent!
I changed my grade in another movie with ‘Pencil’.
And if you don't understand what is wrong with that statement you should not have anything to do with "crypto".
$100 million in Math
Maybe they just took the algorithms and sold them on the algorithm black market.
Interesting! Thanks for sharing that!
I use a capital ‘P’ No one has hacked me yet.
Thank you for the informative reply. I have no crypto; too complex and risky for me.
With respect to calculated risk, even with widely held equities there are still countless things that can go wrong with companies. Investing is, by and large, about risk management IMO.
I don’t often buy equities but when I do I prefer to do so with a margin of safety. ;)
I thought that they called it “mining.”
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