Cryptocurrency (and related fuckery)

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Makes sense. I assume he’s barred from securities trading after his conviction? Pump and dump certainly isn’t new to crypto either.

TIL:

“Belfort shared a cell with Tommy Chong while serving his sentence, and Chong encouraged him to write about his experiences as a stockbroker.[28] The pair remained friends after their release from prison,[28] with Belfort crediting Chong for his new career direction as a motivational speaker and writer.“

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NFT = not fucking there.
 

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A fugitive Chinese billionaire claims this cryptocurrency will overthrow Beijing. Experts say it has the ‘hallmarks of a scam’

… You mean, hallmarks other than “being a cryptocurrency”?

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billion_dollar_brain_04

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Well, there’s also being promoted by Steve Bannon.

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Beanstalk Farms, a decentralized finance (DeFi) platform, said it lost all of its $180 million collateral over the weekend.

Someone managed to game Beanstalk by investing enough funds to gain control of the system and promptly drained its holdings.

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So, their market is literally the selling of magic beans to gullible people, and it all went wrong. Cool.

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No Thank You Thumbs Down GIF by StickerGiant

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The North Korean-based criminal group Lazarus is expanding its attacks into the blockchain and crypto space, three agencies of the US government have warned.

The state-sponsored gang is sending large numbers of spear-phishing messages to employees of cryptocurrency companies on a range of communications platforms that – as with the campaigns against chemical and IT firms – often look like recruitment offers for high-paying jobs, according to an alert this week from the FBI, Cybersecurity and Infrastructure Security Agency (CISA) and the Treasury Department.

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For North Korea, targeting cryptocurrency and similar assets will continue, John Bambenek, principal threat hunter at Netenrich, told The Register .

“North Korea has been focused on cryptocurrency threats for years because they are a highly-sanctioned country and this lets them acquire assets they can use to further their governmental objectives,” Bambenek said.

“This will continue until North Korea becomes a respectable member of the international community or the sweet meteor of death finally comes and ends all life on earth. The latter is the more accurate scenario.”

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Treasury is also taking action against companies in Russia’s virtual currency mining industry.

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Bwahahaha

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Flaw could have granted criminals control over Ever Surf crypto wallets

A flaw detected in the browser version of the Ever Surf cryptocurrency wallet could have given hackers who exploited it full control over a targeted user’s wallet, say threat hunters at Check Point Research.

The security vulnerability made it possible for threat actors to decrypt the private keys and seed phrases found in the browser’s local storage, opening the door to cracking the victim’s wallet and accessing the cryptocurrency stored there, the researchers wrote in a blog post Monday.

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Just rewatched this movie (Billion Dollar Brain) a few weeks ago. It is very strange, especially its depiction of Soviet military savvy (in light of what is going on in Ukraine).

Quatloos?

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The 1960s Soviets very likely were more competent than 2020s Russians, and less corrupt as well.

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Probably true, but in the movie it was kind of exaggerated, especially since Ed Begley had all those Honeywell H200 supercomputers to help him.

(BTW, it was the goofiest of the original trilogy of Michael Caine-as-Harry Palmer outings, and worth a watch for that reason alone.)

Well, it is a Ken Russel film.

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