Bitcoin Unbound: When Freedom Money Is Used For Hate

Bitcoin Unbound: When Freedom Money Is Used For Hate

Bitcoin’s technological innovation is available for anyone to use, even bigots; but this shouldn’t sully the entire network’s reputation.The Southern Poverty Law Center (SPLC) issued a new report on the use of bitcoin and other cryptocurrencies by white supremacists and far-right extremists. In the report, Megan Squire, senior fellow for data analytics, and senior investigative reporter Michael Edison Hayden, link 600 addresses to white supremacists, estimating they hold “tens of millions of dollars” worth of value. Kevin Collier and Brandy Zadrozny, writing for NBC News, then picked up....


Related News

BRD Wallet and Unbound Security — Coinbase Acquires 2 Companies in Less Than ...

The publicly-listed crypto-asset exchange Coinbase has announced the company has acquired the Israeli firm Unbound Security. The announcement follows Coinbase acquiring the cryptocurrency wallet BRD last week and the Unbound acquisition is aimed at the company’s “commitment to providing the safest, most secure, and most trusted venue for anyone to interact with the [crypto economy].” Coinbase Acquires Israeli Company Unbound Security Ever since Coinbase (Nasdaq: COIN) was publicly listed, the company has acquired a number of smaller companies. Prior to the....

Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise

Unbound Capital aims to become the first decentralized cross-chain stablecoin. The private investment round had participation from at least 14 venture funds and over a dozen angel investors from across the blockchain industry. Cryptocurrency asset managers Pantera Capital and Arrington XRP Capital have co-led a $5.8 million private investment round for Unbound Finance, an up-and-coming DeFi treasury protocol for pooled tokens. The funds will be used to further develop Unbound Finance’s cross-chain stablecoin platform, including the development of native bridges for instant transfers....

Why Banks Hate Bitcoin, What Banks Do And Why We No Longer Need Them

Why Do Banks Hate Bitcoin? Banks have been a part of our society for so long that we have forgotten what exactly they do. We think of them as bastions of security and stability. They hate Bitcoin because of it's inherent instability, right? Wrong. There is more to this than meets the eye. Economists are now asking the question: Do we need banks? The answers they are coming up with is somewhat surprising. There is a misunderstanding out there, of the role of banks today and, in particular, where all the money they loan out, comes from. The Bank of England recently published a paper called....

Coinbase will establish presence in Israel through purchase of Unbound Security

“We’ve long recognized Israel as a hot bed of strong technology and cryptography talent, and are excited to continue to grow our team with some of the best and brightest minds in these fields,” said Coinbase. Cryptocurrency exchange Coinbase will acquire cryptographic security company Unbound Security in a move that will also have the U.S. company launch a research facility in Israel.In a Tuesday blog post, Coinbase said it would be purchasing Unbound to gain access to its cryptographic security experts as well as establish a presence in Israel. The exchange cited Unbound’s work in....

The Freedom Convoy Exposes Weakness In State-Run Money

A society can only have true freedom in grasp when there exists an immutable uncontrolled money like Bitcoin.