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coi

A Young Alabamian's Daring Bitcoin Scheme

October 18, 2024

Imagine this: a 25-year-old from Athens, Alabama, gets caught up in a plot to trick the Securities and Exchange Commission (SEC). The plan? Hack into the SEC's X account and post fake news about Bitcoin. In January, this young man, Eric Council Jr. , did just that. He helped some unknown friends hac

crime

Hacked SEC Tweet Sends Bitcoin Prices Wild

October 18, 2024

Imagine someone sending a fake tweet that makes Bitcoin prices shoot up by over $1, 000 in an instant. That's what happened when a 25-year-old Alabama resident named Eric Council Jr. hacked into the Securities and Exchange Commission's (SEC) Twitter account. He posed as the SEC Chair Gary Gensler an

business

Bitcoin Boom: Alabaman Man Charged in SEC Hack

October 18, 2024

In a recent event, a 25-year-old man from Alabama was arrested and charged for his alleged role in a hack that targeted the U. S. Securities and Exchange Commission's (SEC) X account in early January. The hack, which occurred just before the SEC was due to announce its decision on spot-Bitcoin excha

crime

Alabama Hacker Played Bitcoin Market with Fake SEC News

October 18, 2024

In Alabama, a man named Eric Council Jr. was recently arrested for his role in a hacking scheme that sent the bitcoin market into a rollercoaster ride. The Justice Department revealed that Council and his accomplices hacked into the Securities and Exchange Commission's (SEC) account on the X platfor

crime

Bitcoin Scheme Unmasked: A Look at the SIM Swap Trick

October 18, 2024

Imagine this: someone tricks your cell phone provider and takes over your number. Scary, right? This is what's called a SIM swap. Now, let's talk about how this happened to the Securities and Exchange Commission (SEC) and how it affected Bitcoin. A clever attacker pulled off a SIM swap to gain cont

crypto

The Trump Crypto Project: A Family Affair with Big Rewards

October 18, 2024

Imagine the Trump family getting a massive 75% of the revenue from a new crypto coin project. It’s like they’ve hit the jackpot! The project, called World Liberty Financial, launched this week with a big promise. They plan to raise $300 million by selling tokens worth $1.5 billion. But here’s what’s

technology

World Drops 'Coin', Unveils New Iris-Scanning Orb

October 18, 2024

World, the startup that once went by Worldcoin, has made some big changes. They've dropped the "coin" from their name and introduced a new iris-scanning device called the Orb. This device is designed to prove that you're a real human, not a bot or AI. The company's co-founder, Alex Blania, explained

crypto

Crypto Usage Skyrockets, Report Shows

October 17, 2024

A new report from a venture capital firm, Andreessen Horowitz, reveals that crypto usage has hit an all-time high. Over 617 million people worldwide now own cryptocurrencies, and around 30 to 60 million are active users. September saw an impressive 220 million unique crypto addresses, a threefold in

crypto

Bitcoin Creator Tokens Surge Ahead of HBO's Big Reveal

October 8, 2024

Ever wondered who created Bitcoin? The mystery around Satoshi Nakamoto has fueled a surge in meme tokens named after potential creators. These digital coins, like LEN and SASHA, based on programmer Len Sassaman, are gaining traction. SASHA, inspired by Sassaman's cat, hit a market cap of $418,000 in

politics

Assange's Freedom Flight: A Bitcoin-Funded Journey Home

October 7, 2024

Julian Assange, the WikiLeaks co-founder, is a free man after five years in London's Belmarsh Prison. His journey home to Australia was made possible by a generous donation of Bitcoin worth nearly half a million dollars. This massive gift helped cover his private flight, which the Australian governm