As the Fed's secrets are revealed, will the world turn to Bitcoin?
This article is a guest post by the member of our expert community, Joel Dietz. On Friday secret tapes of correspondence from Goldman Sachs and the Federal Reserve were released. The truth is not pretty and it may be even more shocking than you think. Observers of the Fed have long known that the Reserve is extremely secretive. What they haven't known is what it is secretive about. Much of their work is guesswork. Now we finally know what is actually going inside the Fed. If we want freedom and privacy, we must persuade others that these are worth having. There are no shortcuts.....
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In the modern classic movie Sneakers, a ragtag team of hackers and security engineers attempt to pull off the mother of all crypto-heists - they are hired to steal a hardware device that is capable of decrypting anything. The movie, written and produced in the early 1990s, is oddly prescient about the subject of cryptography and how much of our modern technology depends on its infallibility. The film's ending, viewed through the lens of the last decade, takes on a completely new, almost parodical, meaning: the NSA turn out to be the good guys. Last month, the U99 group announced plans to....
More revelations have come to light since the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), commenced last week. Part of these secrets include the alleged illegalities that went on in FTX and its sister company, Alameda Research. FTX Offered To Pay Whistleblower $5 Million According to a report […]
Welcome to the CoinDesk Weekly Review 6th September 2013 - a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. To keep your secrets, you must reveal all. There is a an old electrician saying about fuses. When one blows, a klutz replaces it, but an expert finds out why it blew in the first place. So it is with computer security. It is relatively easy, once you've found a flaw, to fix it. It's often much harder to find out why that flaw was there in the first place,....
Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family. A family that went all-in on Bitcoin back in 2017 has revealed their secrets to safeguarding the asset now that it has increased in price by around 5,000%.The Dutch family of five’s storage plan includes a series of secret locations spread across four different continents. In 2017 the ‘Bitcoin family’ liquidated all of their assets and went all-in on BTC when it traded around $900. With BTC trading over $45,000 today, their undisclosed fortune is substantially....
The seemingly unstoppable growth of “darknet” marketplaces is creating a new commodity industry – corporate insider information. The mainstream media would have you believe the dark web is primarily for distributing drugs and child pornography — much as they did with the regular Internet back in the mid-1990s. Anonymous Markets Tempting for Corporate....