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  • ZachXBT helps secure arrests in $243 million social engineering attack on one person
    by Liam ‘Akiba’ Wright on September 19, 2024 at 1:48 pm

    Three individuals executed a $243 million crypto theft from a single Genesis creditor in August, employing advanced social engineering tactics, according to blockchain investigator ZachXBT. The perpetrators, identified as Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano), orchestrated a multi-step attack that compromised the victim’s personal and exchange accounts. On Aug. 19, the The post ZachXBT helps secure arrests in […]

  • New Solana phone branded ‘Seeker’ unveiled with special Genesis Token
    by Liam ‘Akiba’ Wright on September 19, 2024 at 1:25 pm

    Solana Labs subsidiary, Solana Mobile, has unveiled the Seeker, its second-generation web3 smartphone set for release in 2025 during Token2049. Emerging from its “Chapter Two” stealth phase, the device has secured over 140,000 pre-orders across 57 countries. “We needed to make Seeker more accessible, more affordable, and ensure its hardware and software are even more deeply The post New Solana phone branded ‘Seeker’ unveiled with […]

  • Bitcoin miners eye critical $62,000 price level to maximize profits in Q3
    by Liam ‘Akiba’ Wright on September 19, 2024 at 12:30 pm

    Bitcoin miners could achieve GAAP accounting net profits this quarter if Bitcoin’s price holds above $62,000 by the end of the month. The Financial Accounting Standards Board requires miners to mark their Bitcoin holdings to market as of June 30, 2024, for Q2 earnings reports. The FASB introduced new accounting rules effective for fiscal years The post Bitcoin miners eye critical $62,000 price level to maximize profits in Q3 appeared first on […]

  • Crypto powerhouse Silvergate Capital bank files for bankruptcy after 18-month wind-down
    by Liam ‘Akiba’ Wright on September 19, 2024 at 10:54 am

    Silvergate Capital Corporation, the parent company of crypto-focused Silvergate Bank, filed for Chapter 11 bankruptcy on September 18 in the US Bankruptcy Court for the District of Delaware. This action concludes an 18-month period of operational wind-down that began in March 2023. The bankruptcy petition details assets between $100 million and $500 million and liabilities The post Crypto powerhouse Silvergate Capital bank files for bankruptcy […]

  • Bitcoin breaks $62k for first time since mid-August, Solana leads gains
    by Liam ‘Akiba’ Wright on September 19, 2024 at 10:04 am

    Bitcoin’s price has risen to $62,326.36, a 4.07% increase over the past 24 hours and the highest since Aug. 27. The surge follows the Federal Reserve’s decision to cut interest rates by 50 basis points, exceeding the expected 25 basis point reduction. This action has increased liquidity in the financial system, making assets like Bitcoin The post Bitcoin breaks $62k for first time since mid-August, Solana leads gains appeared first on […]

  • Trump involved in Bitcoin transaction in New York’s PubKey bar
    by Liam ‘Akiba’ Wright on September 19, 2024 at 9:44 am

    Donald Trump visited PubKey, a Bitcoin-themed bar in New York City, and engaged in a Bitcoin transaction that staff described as the first by a US president. As reported by Fox News, the video shows Trump being ushered to a payment station and handed a smartphone upon entering the bar. The phone displayed the Strike The post Trump involved in Bitcoin transaction in New York’s PubKey bar appeared first on CryptoSlate.

  • The Bitcoin SoftWar begins as US Major highlights new PoW security solution making hacks unprofitable
    by Liam ‘Akiba’ Wright on September 19, 2024 at 8:31 am

    Mike Sires, a military veteran from Dublin, Ohio, has developed AuthLN, a proof-of-work authentication protocol that aims to reduce cybercrime by introducing a financial cost to unauthorized login attempts. Drawing on his experience with Bitcoin and inspiration from Jason Lowery’s “Softwar” thesis, Sires seeks to make cyberattacks unprofitable by leveraging the Bitcoin Lightning Network. Sires The post The Bitcoin SoftWar begins as US […]

  • Bitcoin holds above $60k amid heavy volatility after FOMC confirms 50bp rate cut
    by Assad Jafri on September 18, 2024 at 10:45 pm

    Bitcoin (BTC) experienced heavy volatility on Sept. 19 following the Fed’s FOMC meeting but maintained its position above the $60,000 threshold. Fed chair Jerome Powell confirmed weeks of speculation by announcing a 50 basis point rate cut after four years of restrictive monetary policy. According to the press release: “The Committee has gained greater confidence The post Bitcoin holds above $60k amid heavy volatility after FOMC confirms […]

  • Institutional players drive crypto adoption in South Korea, Hong Kong — Chainalysis
    by Gino Matos on September 18, 2024 at 9:38 pm

    Eastern Asia has emerged as the sixth largest crypto economy globally, largely driven by institutional activity in South Korea and Hong Kong, according to a Sept. 18 report by Chainalysis. The region accounted for 8.9% of global value received between July 2023 and June 2024, totaling over $400 billion in on-chain value. Most of this The post Institutional players drive crypto adoption in South Korea, Hong Kong — Chainalysis appeared first on […]

  • WisdomTree introduces Ethereum-based tokenization platform for its customers
    by Gino Matos on September 18, 2024 at 8:30 pm

    WisdomTree launched an Ethereum-based platform for tokenized real-world assets (RWA) called WisdomTree Connect on Sept. 18. The platform’s goal is to allow customers to interact with any WisdomTree-issued token on different blockchains. WisdomTree Connect allows firms to access yield-generating products on-chain with blockchain-integrated recordkeeping. Firms will receive digital records of WisdomTree digital funds in their The post […]

  • Kamala-Bucks Are Coming…
    by Tyler Durden on September 19, 2024 at 12:50 pm

    Kamala-Bucks Are Coming… Authored by James Rickards via DailyReckoning.com, We’re still trying to process the latest assassination attempt on Donald Trump, which took place on Sunday in West Palm Beach. But while that’s important to dissect as the election gets closer, it’s important to consider a development I’ve been warning about for over two years. President Trump has long been an opponent of central bank digital […]

  • Plunge In Jobless Claims Exposes Apolitical Fed-Cut ‘Policy Error’ Further
    by Tyler Durden on September 19, 2024 at 12:40 pm

    Plunge In Jobless Claims Exposes Apolitical Fed-Cut ‘Policy Error’ Further The day after The Fed slashes rates by a crisis-like 50bps, jobless claims data plunges to multi-month lows signaling an economy that is anything but ‘soft landing’ let alone landing at all… Adjusted initial claims tumbled from 231k to 219k (lowest since May) while unadjusted claims continued to tumble to 12-month lows… Source: Bloomberg Continuing […]

  • Pound Surges To 30-Month-High After Bank Of England Holds Rates Steady
    by Tyler Durden on September 19, 2024 at 12:31 pm

    Pound Surges To 30-Month-High After Bank Of England Holds Rates Steady On the heels of yesterday’s exuberant 50bps rate-cut by The Fed, Bank of England (BoE) officials (in a split decision) decided to leave the Bank Rate at 5.00% (as widely expected). The split of the vote (8-1), however, was somewhat more hawkish than many expected with only one MPC member (Dhingra) voting for a cut. While the MPC stuck to its meeting by meeting […]

  • Futures Rip To New All Time Highs After Fed Rate Cut, As Yields, Commodities Jump
    by Tyler Durden on September 19, 2024 at 12:16 pm

    Futures Rip To New All Time Highs After Fed Rate Cut, As Yields, Commodities Jump The Fed’s first (jumbo) rate cut since the depths of the covid crash resulted in mixed reaction in markets, with initial gains for stocks fizzling and ultimately tepid moves in Treasuries, corporate bonds and commodities. However, this reversal to the kneejerk reaction has also since reversed, and US stock futures are bouncing this morning, rising to […]

  • FBI Reveals That Iran Hacked Trump Campaign Materials And Gave Them To Biden/Harris
    by Tyler Durden on September 19, 2024 at 12:15 pm

    FBI Reveals That Iran Hacked Trump Campaign Materials And Gave Them To Biden/Harris Authored by Steve Watson via Modernity.news, The AP is reporting that the FBI has uncovered evidence that Iranian hackers stole materials from the Trump campaign in the Summer and provided them to what was then the Biden/Harris campaign. The report notes that the emails were sent to “people who were associated with Biden’s campaign” in […]

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  • Brussels Warns Apple Of Antitrust Fines Over iOS Restrictions For Developers
    by Tyler Durden on September 19, 2024 at 11:45 am

    Brussels Warns Apple Of Antitrust Fines Over iOS Restrictions For Developers The European Commission warned on Thursday that Apple must adhere to its interoperability obligations under the Digital Markets Act by allowing developers access to its iOS and iPadOS platforms or face a fresh round of antitrust penalties or fines early next year. “Under the DMA, Apple must provide free and effective interoperability to third-party […]

  • “Bitcoin – A Unique Diversifier” – BlackRock Releases New Pro-Crypto Report
    by Tyler Durden on September 19, 2024 at 11:20 am

    “Bitcoin – A Unique Diversifier” – BlackRock Releases New Pro-Crypto Report Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting Bitcoin as a unique portfolio diversifier. This marks the latest embrace of Bitcoin from the world’s largest asset manager. Earlier this year, BlackRock launched a Bitcoin exchange-traded fund (IBIT), rapidly becoming one of the […]

  • Visualizing Maxed-Out Credit-Cards By Generation
    by Tyler Durden on September 19, 2024 at 10:55 am

    Visualizing Maxed-Out Credit-Cards By Generation In the first quarter of 2024, the nationwide aggregate credit card utilization rate in the U.S. was about 23%, similar to previous quarters, according to the Federal Reserve Bank of New York. However, as Visual Capitalist’s Kayla Zhu details below, utilization rates vary widely between individuals. About 52% of credit card users were using less than 20% of their available credit in […]

  • Hunger Games Is Fiction No More
    by Tyler Durden on September 19, 2024 at 10:30 am

    Hunger Games Is Fiction No More Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), When “The Hunger Games” first came out more than a decade ago, the dystopia it presented was compelling and sophisticated but also implausible. Lately I wondered how it held up and rewatched the first three films (I don’t know about the others). My goodness, it was more prescient than it seemed at the time, including the […]

  • These Are The World’s Top 10 Tax Havens
    by Tyler Durden on September 19, 2024 at 9:45 am

    These Are The World’s Top 10 Tax Havens Individuals and corporations use tax havens to minimize their tax burdens and protect their wealth in low-tax or no-tax jurisdictions. This graphic, via Visual Capitalist’s Bruno Venditti, shows the top 10 countries hosting the most offshore financial wealth, according to 2022 data from the Atlas of the Offshore World. What Is a Tax Haven? A tax haven offers foreign businesses and […]

  • Israel’s War Cabinet Greenlights Offensive War Against Hezbollah, Sends Elite Brigade North
    by Tyler Durden on September 19, 2024 at 9:44 am

    Israel’s War Cabinet Greenlights Offensive War Against Hezbollah, Sends Elite Brigade North Update(1544): As many suspected and feared, this deadly two-day Israeli covert operation to blow up Hezbollah pagers, walkie-talkies, and small electronic devices was but preparation for a likely Israeli military ground operation in southern Lebanon. It appears war is here. According to breaking news wires: Israeli cabinet has given PM […]

  • German Train Conductors Given Power Not To Check Migrants’ Tickets In Order To Avoid Trouble
    by Tyler Durden on September 19, 2024 at 9:00 am

    German Train Conductors Given Power Not To Check Migrants’ Tickets In Order To Avoid Trouble Authored by Paul Joseph Watson via Modernity.news, German train conductors in the state of Thuringia have been given permission not to check the tickets of foreign migrant passengers in an effort to reduce intimidating and violent behavior from asylum seekers. A married couple who had recently traveled on a Süd-Thüringen-Bahn contacted […]

  • Healthcare: How Long Do Patients Have To Wait?
    by Tyler Durden on September 19, 2024 at 8:15 am

    Healthcare: How Long Do Patients Have To Wait? According to a recent study by the Consumer Choice Center, the average wait for a GP appointment in the United States in 2023 was around three weeks, two to ten times longer than in Europe. For example, in that year, the average waiting time for a medical consultation was two days in Switzerland, six days in France and ten days in the United Kingdom and Italy. Additionally, as […]

  • Russia’s Shadow Fleet Is A Ticking Geopolitical Timebomb
    by Tyler Durden on September 19, 2024 at 7:30 am

    Russia’s Shadow Fleet Is A Ticking Geopolitical Timebomb Authored by Antonio Garcia via OilPrice.com, Despite Western sanctions and oil price caps, Russia continues to use an aging “shadow fleet” of tankers to circumvent restrictions, allowing for stable oil exports. Russian oil is now primarily heading to ‘friendly markets’ like China, India, and Turkey. In response to Russia’s full-scale invasion of Ukraine in February […]

  • UN General Assembly Passes Resolution Demanding Israel Pull Out Of Palestinian Areas Within 12 Months
    by Tyler Durden on September 19, 2024 at 6:45 am

    UN General Assembly Passes Resolution Demanding Israel Pull Out Of Palestinian Areas Within 12 Months Despite intense US lobbying efforts in the other direction, the United Nations General Assembly on Wednesday voted overwhelmingly to demand an end to the Israeli occupation of Palestinian territories, approving a resolution demanding a total withdrawal within 12 months. It passed with a final tally of 124 member states in favor, 14 […]

  • Ukrainian Commanders Urged Zelensky Not To Invade Kursk
    by Tyler Durden on September 19, 2024 at 6:00 am

    Ukrainian Commanders Urged Zelensky Not To Invade Kursk Authored by Dave DeCamp via AntiWar.com, Some of Ukraine’s top military commanders opposed President Volodymyr Zelensky’s plans to invade Russia’s Kursk Oblast, but he went through with the assault anyway, POLITICO reported Tuesday. The report, which cited Ukrainian military officials, said that Gen. Valery Zaluzhny, the former commander-in-chief and current […]

  • From Republic To Leviathan: Unveiling The Progressive Movement’s Assault On The Constitution
    by Tyler Durden on September 19, 2024 at 3:25 am

    From Republic To Leviathan: Unveiling The Progressive Movement’s Assault On The Constitution Authored by Ned Ryun via American Greatness, What if I told you that the President of the United States doesn’t really run our government? Or that most people in Washington, D.C., don’t really believe in representative democracy? Or that a government of, by, and for the people is just an illusion? Because all of those things are closer […]

  • US Map Shows Potential Areas Of Migrant ‘Great Job Replacement’
    by Tyler Durden on September 19, 2024 at 3:00 am

    US Map Shows Potential Areas Of Migrant ‘Great Job Replacement’ Bloomberg has unveiled one of the most detailed maps yet, showing where the 2023 migrant invasion has spread across the US, broken down on a county-by-county basis. The map, built on immigration court case data, highlights clusters of new migrant populations that primarily emerged across the eastern half of the nation. The question becomes if the federal government […]

  • Are The White House And Pentagon Controlled By A Shadowy Few?
    by Tyler Durden on September 19, 2024 at 2:35 am

    Are The White House And Pentagon Controlled By A Shadowy Few? Authored by Fred Galvin via American Greatness, As we approach the 2024 election, many Americans are disillusioned by the notion that their votes truly matter. Why? Because there’s a growing belief that a hidden force – often referred to as the Deep or Administrative State – wields disproportionate power behind the scenes. Despite our democratic process, can we […]

  • “Monster Trains” More Than 3 Miles Long Have Become Traffic Jam Nightmares In Texas
    by Tyler Durden on September 19, 2024 at 2:10 am

    “Monster Trains” More Than 3 Miles Long Have Become Traffic Jam Nightmares In Texas Texas freight trains are become a problem when they cross busy roadways. With some trains now 3 miles or longer in length, places like Pleasantville, Texas often see traffic waiting for up to 7 minutes for them to pass. The town is near rail yards run by Union Pacific, Wall Street Journal highlighted in a new article. It says the ‘monster trains’ […]

  • “A Symbol Of Imperial Violence And Colonialism”: Activists At UPenn Deface Statue Of Benjamin Franklin
    by Tyler Durden on September 19, 2024 at 1:45 am

    “A Symbol Of Imperial Violence And Colonialism”: Activists At UPenn Deface Statue Of Benjamin Franklin Authored by Jonathan Turley, Benjamin Franklin once wrote “Love your Enemies, for they tell you your Faults.” Yet, Franklin might be a bit confused by his critics at the University of Pennsylvania. Anti-Israel activists vandalized his statue as a symbol of colonialism. The man who was instrumental in the Declaration of […]

  • Chinese Jets Tail US Spy Plane While Making 1st Pass Over Taiwan Strait In 5 Months
    by Tyler Durden on September 19, 2024 at 1:20 am

    Chinese Jets Tail US Spy Plane While Making 1st Pass Over Taiwan Strait In 5 Months China says it sent warplanes to monitor and mirror a US military reconnaissance plane as it flew over the contested Taiwan Strait on Tuesday, according to statements of the People’s Liberation Army (PLA). The PLA’s Eastern Theater Command identified the aircraft as a US Navy P-8A Poseidon patrol plane. A statement said the PLA “organized warplanes […]

  • Don’t Trust The Government. Not With Your Privacy, Property, Or Your Freedoms
    by Tyler Durden on September 19, 2024 at 12:55 am

    Don’t Trust The Government. Not With Your Privacy, Property, Or Your Freedoms Authored by John & Nisha Whitehead via The Rutherford Institute, “In questions of power then, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.” – Thomas Jefferson Public trust in the government to “do what is right” understandably remains at an all-time low. After all, how […]

  • The “Next AI Trade” Plays Out: Microsoft And BlackRock Join Forces On $30 Billion AI Infrastructure Fund
    by Tyler Durden on September 19, 2024 at 12:30 am

    The “Next AI Trade” Plays Out: Microsoft And BlackRock Join Forces On $30 Billion AI Infrastructure Fund As we have been writing for the better part of the last year, the next AI trade continues to look like it’s going to be energy. And now, both BlackRock and Microsoft are making it known that they understand this, too.  Yesterday it was reported that the two industry giants are prepping the launch of a $30 billion AI investment […]

  • America’s Health Crisis: Expanding On RFK Jr.’s Plan To Make America Healthy Again
    by Tyler Durden on September 19, 2024 at 12:05 am

    America’s Health Crisis: Expanding On RFK Jr.’s Plan To Make America Healthy Again Authored by Joel Warsh via The Epoch Times (emphasis ours), Robert F. Kennedy Jr.’s article in The Wall Street Journal brings urgent attention to the chronic disease epidemic gripping the United States. Regardless of your thoughts on RFK, we can all agree that our children deserve to be healthy. While we may not all agree on the path to achieving […]

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