Crypto miner arrested for skipping on millions in cloud server bills

A 45-year-old Nebraska man Charles O. Parks III has been charged with numerous financial crimes, including wire fraud and money laundering, as part of a scheme defrauding two cloud storage providers based in Seattle and Redmond, Washington. Ars Technica, reporting on the indictment, beat us to the punch in alleging that the cloud providers in … Read more

Sarcophagus Is a Dead Man’s Switch for Your Crypto Wallet

The system, says Hamilton, is designed to be “anti-fragile,” meaning it depends on no party’s good will to achieve its end. Nobody but the originator and recipient have access to the contents of the file, all other parties are financially incentivized to cooperate, and redundancies ensure the payload is always available. “Little strings of data … Read more

Canonical announces Snap Store crackdown after crypto scam apps overload

Going forward, all newly registered apps on the Snap Store will be manually reviewed by the Canonical engineering teams – and furthermore, the developers of these apps will have to accept a background check and will be doxxed if they want their apps to be available on the repository.  The news was confirmed by Holly … Read more

Embracing Crypto Business Accounts – timeswonderful

The financial landscape is undergoing a transformation, with cryptocurrencies emerging as a significant player. As digital currencies gain traction, businesses are compelled to adapt by integrating crypto-friendly systems. A decade ago, the notion of a bank account catering to cryptocurrency transactions was nearly inconceivable. But today, we stand at a juncture where corporate accounts for … Read more