The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label cyber crime. Show all posts
Showing posts with label cyber crime. Show all posts

Friday, June 17, 2016

Why gold over Bitcoin, bank accounts, or the Fed? Security.

A few months ago, Indonesian hackers broke into the most powerful bank in the world and made off with between $80 and $180 million dollars.  And according to numerous sources, this is not the first time the Federal Reserve has seen their operations broken into by cyber-thieves.

So while banking systems and individual accounts are never fully protected from theft or hacking (just ask the 100 million who have experienced identity theft in one form or another), the cypto-currency community has always promoted the idea that holding your wealth in currencies such as Bitcoin alleviates these potential threats.

Until today.

Bitcoin's largest crypto-currency competitor Ethereum was hacked recently and upwards of $60 million in digital money was stolen from accounts using this block-chain.


As Cryptcoinnews reports, Ethereum co-founder Vitalik Buterin has asked digital currency exchanges to “pause” ether and activity on the decentralized autonomous organization, or DAO, activity following a hack of the DAO smart contract address. As a reminder Ethereum is the blockchain platform that enabled the DAO’s creation. 
The DAO is currently being drained of ethers in a still-ongoing breach (as of this morning) to the unknown attacker’sETH address. The ongoing hack and possible theft, deemed as an “attack” on the DAO by Vitalik Buterin, has the co-founder of Ethereum issue a plea seeking digital currency exchanges to pause ether (ETH) and DAO transactions.
Thus we have the most powerful bank, and the second biggest crypto-currency, proven un-secure despite the fact that each are shielded with some of the best firewalls and anti-hacking measures in existence.

Which leaves us with the one form of money that is not subject to cyber-hacking or identity theft... that of physical gold and silver.

What's in your wallet?

Sunday, May 24, 2015

Is your bank account safe? Cyber-hacking on financial institutions increasing in 2015

On May 20 it was confirmed that cyber-hackers had broken into one of the district banks of the Federal Reserve, validating what many experts predicted will be a massive increase to state sponsored and rogue lone wolf electronic break-ins of banks and businesses in 2015.
The St. Louis Federal Reserve website was hacked in April, causing a large portion of website traffic to be re-routed to a spoofed site and potentially placing clients at risk to malware infiltration which could lead to secure data on their own systems being compromised.
 
Read more on this article here...