The Worst Hacks of 2022
The year was marked by sinister new twists on cybersecurity classics, including phishing, breaches, and ransomware attacks. Powered by...
Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says
Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he put it, to the “wildest predictions” ahead of New Year’s Eve. Medvedev Sees World Bank Crashing, Musk in the White House and Expensive Oil The...
Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency
During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, over 90% of this total was reportedly used to fund expenses associated with the production of banknotes. The Growing Cost of Maintaining the Naira According to Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN),...
Kevin O’Leary’s Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam
Shark Tank star Kevin O’Leary’s Twitter account was hacked Thursday and used to promote a bitcoin and ethereum giveaway scam. The scammers claimed that Mr. Wonderful is giving away 5,000 bitcoin and 15,000 ether, and anyone can participate. Kevin O’Leary’s ‘Fake’ Bitcoin and Ether Giveaways The official Twitter account for Shark Tank star Kevin O’Leary, aka Mr. Wonderful, started promoting bitcoin and ethereum giveaways Thursday...
Nobel Prize Laureate Paul Krugman Compares Tesla to Bitcoin — They ‘Have More in Common Than You Think’
Nobel Prize-winning economist Paul Krugman says Tesla may have more in common with bitcoin than you think. He explained that Tesla sales have depended in part on the perception that CEO Elon Musk “is a cool guy” while the price of bitcoin is “being sustained by a hard-core group of true believers.” Paul Krugman Compares Tesla to Bitcoin Paul Krugman, who won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in...
