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Michael Williams’ every move was being tracked without his knowledge—even before the fire. In August, Williams, an associate of R&B star and alleged rapist R. Kelly, allegedly used explosives to destroy a potential witness’s car. When police arrested Williams, the evidence cited in a Justice Department affidavit was drawn largely from his smartphone and online behavior: text messages to the victim, cell phone records, and his search history.…
Yuri Molchan
In the past two days, crypt whales have moved an eye-popping $967 million worth of Bitcoin at tiny transaction fees, while Bitcoin hit $28,000 and went back below $27,000
Crypto tracking bot Whale Alert has detected a cumulative seven gargantuan Bitcoin transfers made today and on Sunday, carrying $967,664,628 in BTC.…
Alex Dovbnya
CME Bitcoin futures opened with an insane gap after one of the ugliest daily candles on record
Contents
The biggest Bitcoin futures market
The gap couldn’t have been much bigger
Bitcoin futures offered by Chicago-based CME Group have recorded their biggest gap to date of over $3,000.…
Attackers had full access—a nightmare security scenario that would be any nation-state hacker’s dream. Instead, the assault was simply part of a bitcoin scam that ended up netting about $120,000. In all, the scammers targeted 130 accounts and took control of 45.…
Alex Dovbnya
Bitcoin dominance has skyrocketed in the past few days hot on the heels of the big SEC lawsuit against Ripple
Contents
Bitcoin is now bigger than Samsung
Bitcoin is eating XRP’s lunch
Bitcoin’s market cap has surged to its highest level since mid-September 2019, surpassing 71.75 percent on Dec.…
Alex Dovbnya
Nordic Bitcoin miners are thriving amid the ongoing bull run
Contents
The “China coin” narrative
Carbon-free energy
The Bitcoin mining market in the middle of a major shift that barely anyone talks about.
Philip Salter, head of operations at Genesis Mining, recently told Bloomberg that miners are moving from China to Nordic countries, namely Sweden and Norway, which he describes as “one of the biggest developments” within the nascent industry:
Those western countries are perceived as safer and more stable as opposed to communist China that currently reigns supreme in the global hashrate arms-race, Salter says:
There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety.…
Alex Dovbnya
Bitcoin has surged above $27,000, extending its historic rally
Bitcoin, the largest cryptocurrency in the world, has surpassed the $27,000 level for the first time in history at 6:01 UTC on the Bitstamp exchange. Its market cap has now reached $503 billion. …
An authentication bypass vulnerability in the SolarWinds Orion software may have been leveraged by adversaries as zero-day to deploy the SUPERNOVA malware in target environments.
According to an advisory published yesterday by the CERT Coordination Center, the SolarWinds Orion API that’s used to interface with all other Orion system monitoring and management products suffers from a security flaw (CVE-2020-10148) that could allow a remote attacker to execute unauthenticated API commands, thus resulting in a compromise of the SolarWinds instance.…
The privacy paradox has a potential resolution — if both sides can accept compromise in an increasingly polarized financial system. The unique power of blockchain and cryptocurrency can also be considered their weakness. Crypto users gain unparalleled privacy for financial transactions through a decentralized transactional system.…
As 2020 comes to a close, it is perhaps only fitting that the US government and private sector are both scrambling to grasp and mitigate the fallout of a massive hacking spree widely attributed to Russia. There will be more news to come about the SolarWinds supply chain attack and possible other elements of the extensive campaign, but in the meantime officials, security practitioners, and researchers are all puzzling over questions of where to draw the line on global espionage and how to deter destructive and otherwise unacceptable hacking.…
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