And for awhile they are telling you that bitcoin is safe and no one can steal it. Well someone has done it as noted below from interestingengineering.com article describing what happened:
"And the target was a finance firm that works on crypto interoperability.
In what is called the biggest heist ever, PolyNetwork, a decentralized finance (DeFi) firm working on interoperability of crypto coins was hacked and multiple cryptocurrencies were transferred out. The company claims that the value of those cryptocurrencies is estimated to be $600 million, BBC reported.
Cryptocurrencies work on blockchain technology and each coin uses its own blockchain that is unique and isolated from the rest. DeFi platforms, such as PolyNetwork, work to make them interoperable. Hackers exploited a vulnerability in the company's "contract calls" and took away thousands of crypto coins. PolyNetwork revealed that $267m of Ether, $252m of Binance coins, and roughly $85 million in USDC were taken out.
Since blockchain is a public ledger, the company was quick to identify the virtual address where these currencies were deposited and alerted cryptocurrency networks to block further deposits from the addresses.
Changpeng Zhao, chief executive of Binance, a cryptocurrency, whose coins were stolen during the hack, tweeted that his company would "proactively help" but there were "no guarantees."
PolyNetwork also took to Twitter to reach out to the hacker to inform him that "the heist was the biggest ever" and he had "committed a major economic crime". The company wants him to contact them and set up a way to return the assets.
The security company, Slow Mist, claimed that the crypto coins had been transferred to three different addresses and the company had “grasped the attacker’s mailbox, IP, and device fingerprints” and were “tracking possible identity clues", CNBC reported.
DeFi is the new target for hackers. De-Fi hack losses have risen to $361 million in 2021, while they were unheard of in 2019, says CipherTrace, a cryptocurrency intelligence firm. De-Fi hacks also account for 76 percent of all major hacks this year.
Update (11 Aug, 05:20 am): Updated to include details from Binance, Slow Mist, and CipherTrace. "
Yes they had the attacker’s mailbox, IP, and device fingerprints, but if they were smart they would have used a hacked account, an IP that was not near theirs and VPN a dozen times or spoofed it, and the device finger print a throw away device. As noted also DeFi has been also hacked, so the question is if your bitcoin investment safe?
One day soon I may post that the Government want to get rid of cash and go completely electronic based cash for a number of reason and none of these are good for the individual. It will be all about control of the population and behavior. Stay tuned for that coming post.
Referenced: https://interestingengineering.com/hackers-steal-600m-in-one-of-the-biggest-cryptocurrency-heists-ever
I have lost a lot of faith with the Medical Community and the Governments over the last several years, but there are a few good things that can raise above the corruption and the pushing of drugs a new approach to heal people. The following is from www.gaia.com and written by Hunter Parsons that does not involve any drug or pushing an ineffective so called vaccine that the drug company is not held accountable in any way but they use sound! The use of sound can regrow bone tissue! Here is the story:
"The future of regenerative medicine could be found within sound healing by regrowing bone cells with sound waves.
The use of sound as a healing modality has an ancient tradition all over the world. The ancient Greeks used sound to cure mental disorders; Australian Aborigines reportedly use the didgeridoo to heal; and Tibetan or Himalayan singing bowls were, and still are, used for spiritual healing ceremonies.
Recently, a study showed an hour-long sound bowl meditation reduced anger, fatigue, anxiety, and ...
Not a fan of a Defense Agency studying Anti-Gravity and other Exotic Tech, but if the commercial world and make this technology cheap that will change our world yet again. The following is about three minute read and from www.gaia.com. The below was written by Hunter Parsons:
"Wormholes, invisibility cloaks, and anti-gravity — it’s not science fiction, it’s just some of the exotic things the U.S. government has been researching.
A massive document dump by the Defense Intelligence Agency shows some of the wild research projects the United States government was, at least, funding through the Advanced Aerospace Threat Identification Program known as AATIP.
And another lesser-known entity called the Advanced Aerospace Weapons System Application Program or AAWSAP
The Defense Intelligence Agency has recently released a large number of documents to different news outlets and individuals who have filed Freedom of Information Act requests.
Of particular interest are some 1,600 pages released to Vice News, which ...
As our technology gets better we are discovering more about the history of mankind and pushing the timeline back further and further. The following article is from www.gaia.com and written by Michael Chary that discusses this new find that changes the historical timeline:
"Over the past decade, there have been a number of archeological revelations pushing back the timeline of human evolution and our ancient ancestors’ various diasporas. Initially, these discoveries elicit some resistance as archeologists bemoan the daunting prospect of rewriting the history books, though once enough evidence is presented to established institutions, a new chronology becomes accepted.
But this really only pertains to the era of human development that predates civilization — the epochs of our past in which we were merely hunter-gatherers and nomads roaming the savannahs. Try challenging the consensus timeline of human civilization and it’s likely you’ll be met with derision and rigidity.
Conversely, someone of an alternative...
Not sure if you have heard of a show on YouTube called "The Why Files". If not you should check it out it is interesting and has some humor with it on different subjects. Last weeks was on a different theory how the Universe works and how main stream Science is attempting to shut it down like is always seems to do if it goes aguest some special interest. Today it is akin to what happened to those who questioned the Earth was the Center of the Universe that main stream so called Science all believed during the Renaissance period, They called any theory that the Earth was not the Center of the Universe misinformation. Does this sound familiar today? People laughed and mocked people like Leonardo da Vinci, Nicolaus Copernicus, Georg Purbach as crack-pots, conspiracy theorists, nut-jobs and they were suppressed and even imprisoned for their radical thoughts and observations. Again it sounds like today in so many ways. In any event this is a good one to ponder and see even if a bad idea ...
Seemingly chaotic systems like the weather and the financial markets are governed by the laws of chaos theory.
We all have heard about chaos theory, but if you have not or have forgotten what chaos theory is well here you go from interestingengineering.com:
"Chaos theory deals with dynamic systems, which are highly sensitive to initial conditions, making it almost impossible to track the resulting unpredictable behavior. Chaos theory seeks to find patterns in systems that appear random, such as weather, fluid turbulence, and the stock market.
Since the smallest of changes can lead to vastly different outcomes, the long-term behavior of chaotic systems is difficult to predict despite their inherently deterministic nature.
As Edward Lorenz, who first proposed what became commonly known as the Butterfly Effect, eloquently said, "Chaos: When the present determines the future, but the approximate present does not approximately determine the future.""
You may have heard the term about chaos theory as a butterfly flaps its wings in Brazil,...
I for one have lost trust in Medical Doctors due to COVID and reflection that they seem to push pills for everything and untested so called vaccines that is using a unproven technology because the Government and the Medical Boards of the State told them to. There are a very few exceptions. Thus they do not address the key problem just prescribe more and more pills to keep you alive an sick longer for them and Big Phama to profit from you. Will AI do any better? Well that depends on what was used for the training of AI. If it also pushes pills and vaccines without question then you have the same problems noted above. However, if the AI Training includes all possible forms of treatment and they zero in on the right issues for the true problem then there is possibilities they would be way better than most of the current Medical Doctors today.
The following is from an article from interestingengineering.com and written by Paul Ratner:
"A new study looks at how accurately AI can diagnose patients. We interview the researcher, who weighs in on AI's role ...
