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How Governments Steal Your Money and Conceal It Through Inflation


Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read:...

Hackers Steal USD 32M in Crypto from BITpoint Japan


Source: iStock/Ali Kerem Yücel On July 11, hackers stole JPY 3.5 billion (USD 32 million) from the Japanese cryptocurrency exchange BITpoint, its parent company Remixpoint confirmed today, adding that victims of the hack will be compensated. The exchange stopped all its services earlier today...

Fake Websites Tries To Steal The Investors’ Attention From Libra


Facebook has a massive presence in most of the developing economies. In some parts of the world, it is synonymous to the internet. Seeing this enormous presence, some envious money makers tried to draw the attention of Libra enthusiast with fake websites. Until now, Libra has not been launched...

Honest Nodes Spoiling a Theft Attempt Is Not a 51% Attack, BCH Devs Detail


A number of Bitcoin Cash detractors and media publications have recently been spreading a false narrative that the BCH network was ‘51% attacked.’ In reality, however, honest nodes used their hashrate to stave off attacker nodes that were attempting to steal funds on the network. Also...

Facebook Globalcoin: Bitcoin Killer or Bitcoin Multiplier?


It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell...

Israeli Spy Firm Develops WhatsApp Hack That Could Allow Them to Steal Data


According to reports, the world’s biggest messaging app WhatsApp was hacked by an Israeli firm and millions of users were exposed to potential pilferage of data from their phones. Over the years, it has been a well-known security precaution for billions of smartphone users to not click on links...

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