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Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
18.9.2019
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...
US Sanctions Three Alleged Crypto Hacking Groups from North Korea
16.9.2019
The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Can the Fed Kill Bitcoin? Navigating the Chokepoints of Tax Law and KYC
9.8.2019
Taxes. The one word that can kill any buzz in seconds flat. Whether you’re a libertarian ranting about how taxation is theft or one of those fabled creatures who is actually happy to file them as their so-called civic duty, one fact remains: those who don’t give the government a bite...
The ‘Vault’ Is Back: Bitcoin Coder Revives Plan to Shield Wallets from Theft
7.8.2019
Bitcoin Core developer Bryan Bishop has proposed a feature to delay transfers from cold storage so users can stop thieves from draining their wallets
From Spartacus to Satoshi: A Brief History of Economic Rebellion
7.8.2019
Government dominance of human beings via slavery and violent economic oppression is as old as government itself. For thousands and thousands of years kings and rulers, usually held to be “appointed by God,” have used free, non-violent individuals as their tax farm livestock to exploit...
The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold
3.8.2019
In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when...
Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?
30.7.2019
In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by...
Hackers Stole $32 Million Worth of Crypto from BITPoint
14.7.2019
In yet another incident of massive crypto theft, BITPoint has reportedly been robbed of around $32 million worth of cryptocurrency. The investigators who are investigating this fraud have found that hackers got access to the BITPoint system for around 12 hours and in that period, this whole...
Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown
8.7.2019
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian...
‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate
6.7.2019
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that...
Europol Arrests Six People Allegedly Behind $27 Million Bitcoin Theft
25.6.2019
Europol has arrested 6 individuals arrested in connection with a multimillion dollar theft with authorities claiming they stole bitcoin via typosquatting
Grand Theft Crypto: The State of Cryptocurrency-Stealing Malware and Other Nasty Techniques
23.6.2019
Hottest advice to avoid having your crypto stolen? Still — common sense
Grand Theft Crypto: The State of Cryptocurrency-Stealing Malware and Other Nasty Techniques
23.6.2019
Hottest advice to avoid having your crypto stolen? Still — common sense
Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft
17.6.2019
Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange
Craig Wright Ordered to Personally Appear at Bitcoin Theft Mediation
12.6.2019
Craig Wright has been ordered to appear personally at mediation to address allegations that he stole 1.1 million bitcoin
Komodo Hacks Own Wallet Users Only To Protect Them Of A $13 Million Theft From Old Wallet
7.6.2019
A big theft, which could result in a loss of $13 million, has been prevented by pro-active measures. Komodo, a crypto wallet start-up was informed about a potent theft by its internal security after an extensive audit on June 5, which showed that many customer accounts from the old crypto wallet...
Honest Nodes Spoiling a Theft Attempt Is Not a 51% Attack, BCH Devs Detail
27.5.2019
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...
Dash (DASH) Price Analysis: DASH Coin Theft Couldn’t Harm The Growth Story; Bullish Days Ahead
15.5.2019
Dash coin experienced a theft over 75000 units of a coin. Current resistance at 140 USD and 2019 prediction rests at 160 USD. Dash (DASH) has been subject to malicious defamation due to the theft that happened recently. The theft cost the users a whopping 75000 units of Dash coin. Dash (DASH)...