Okay, the #ftx #saga is just getting worse and worse: https://youtube.com/watch?v=MWfuDeO9thk This whole thing will continue to #explode . There are #billions of #us #dollars missing from #ftx #accounts , which were themselves from the #users . #ftx is really fucked.
The #ftx #saga keeps getting worse... $600 #million #dollars #vanishes from their #accounts over a " #hack ": https://www.coindesk.com/business/2022/1.. Apparently many people that have an #ftx #wallet are seeing their #account #drained to $0.
So #paypal have now decided to #shutdown the #accounts of the #freespeechunion - for defending people's #speech https://www.zerohedge.com/technology/pay.. The #founder also had his #personal #account #money *taken* with not method to #withdraw . It appears as though an #snp #mp is justifying #paypal 's actions...
Pretty good #article on #mfa #security and #notifications https://xeiaso.net/blog/push-2fa-conside.. I'm really not sold on MFA being the answer here. It's cumbersome and encourages people to #bypass it. To #login to some of my #accounts , I need receive three phone calls. I never check the #number and just do the #operations of the #keypad without #listening . I even thought about #scripting this process.
Interesting, it appears that tonnes of #crypto #coin #exchanges are looking at #bankruptcy https://fortune.com/2022/05/11/coinbase-.. We lost #luna the other day and people are looking into the #accounts of #tether and not finding anything good.
Would you look at that, tonnes of #conservative #accounts are suddenly #reactivating on #twitter as if by #magic ! https://www.zerohedge.com/technology/twi.. It's as if their #bans were previously #politically #motivated . Surprise!
Ouch, #robinhood apparently had their #user #accounts #robbed https://www.zerohedge.com/markets/robinh.. This is supposed to affect some 5 million people! At one point I was even considering setting up some #automated #trading #platform with some kind of #library - but ran out of any kind of #money and decided against it. Strange times we live in.
It appears #china 's #ccp has taken over #evergrande 's #bank #accounts and is prioritising the completion of #assets rather than paying #creditors https://www.zerohedge.com/markets/china-.. Here's the thing, as they pawn off #assets to pay #investors - it #devalues the entire #property #market ...
#lewisspears makes a great point about worrying new #powers in #australia allowing the #police to take over your #socialmedia #accounts https://www.youtube.com/watch?v=IE2hSFkt.. The most worrying thing is that *any* #crime could #warrant the use of these powers. This allows them to #add or #remove whatever they like. What really concerns me is that Australia has been used as a testing ground for quite some time, we can likely expect this crap in the #uk and #nz for example in the coming years.