blockchains
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Ethereum Founder Vitalik Buterin Says a SIM Swap Was Behind His Twitter Hack
Vitalik Buterin, a computer programmer who co-founded the popular cryptocurrency Ethereum, is clearing the air after his account on Twitter (now known as X) was hacked this weekend. The hack involved a post touting a commemorative NFT that was actually a cryptocurrency wallet drainer. “Finally got back my T-mobile account (yes, it was a sim…
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PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry comes at a time of deep regulatory uncertainty as federal agencies and lawmakers continue to grapple with the fallout of multiple major crypto implosions last…
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Pro-Russian Groups Are Crowdfunding Weapons Buys With Crypto on Telegram, Study Finds
Since Russia invaded Ukraine last year, cryptocurrency has played a surprisingly big role. As a new fundraising tool, crypto has helped Ukraine raise millions of dollars as it seeks to supplement the already gargantuan amount of money flowing into the country from official U.S. aid and a constellation of charitable organisations. Russia, meanwhile, doesn’t appear…
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FTX’s Sam Bankman-Fried Once Said Blockchain Would have Fixed Enron
Sam Bankman-Fried, the founder of hedge fund Alameda Research and crypto platform FTX, was a frequent guest on both mainstream financial news and more niche crypto podcasts. And while digging through his media appearances over the years, Gizmodo has stumbled upon a very weird analogy from SBF, as he was often known, where the now-former…