Showing posts from February, 2021

5 Things I Wish I Knew Before Getting Into Crypto World.

Bitcoin (BTC) and the cryptocurrency industry have gained  popularity  in recent months, in tandem with Bitcoin’s  price journey  up to $50,000 and beyond. Given the likely influx of new market participants, here are five things I would have liked to know when I became interested in the industry years ago.  Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Bitcoin Can Be A Currency Or A Store of Value Essentially, Bitcoin is a way to send value from one person to another, without needing to provide sensitive details, such as banking information and credit card numbers. Although it began as a transactional currency, as  detailed  in its original description published in 2008, Bitcoin has become  known  more as of a store of value asset similar to gold in recent years. Bitcoin is easy to move, borderless and is not tied to any specific entity or region. Its value is  si


UNIVERSITY STUDENTS HIRE PROFESSIONAL HACKERS TO CHANGE UNIVERSITY GRADES AND HACK CRYPTO WALLETS BY USING "DD3STROYER SPY APP" In college, you can use your time to study. Or then again, you could perhaps rely on the Hand of God. When I say “ Hand of God ” what I really mean is “ key logger ” Think of it like the “Nimble Fingers of God.” “Hand of God” and “pineapple” are two of the nicknames allegedly used to refer to keyloggers used by a former University of Iowa wrestler and student who was arrested last week on federal computer-hacking charges in a high-tech cheating scheme. According to the New York Times , Trevor Graves, 22, is accused in an FBI affidavit of working with an unnamed accomplice to secretly plug keyloggers into university computers in classrooms and in labs. The FBI says keyloggers allowed Graves to record whatever his professors typed, including credentials to log into university grading and email systems. Court documents allege that Graves intercepted ex

Optimism Announces Mainnet Launch, Scaling Coming to Ethereum in March

Ethereum (ETH)   fans are celebrating the news that Ethereum scaling solution,   Optimism , is now set to launch on the network's mainnet next month, ahead of schedule. But what does this mean both for Ethereum and its users? "Mainnet in March. Scaling is coming to Ethereum,"  commented   SetProtocol  product marketing manager Anthony Sassano on the latest  announcement  by Optimism: the team has said that they'll be launching arbitrary contract deployment on mainnet in March instead of public testnet, with details to follow.  So what's the big deal? Layer 1 (L1) is the base protocol (the Ethereum blockchain), while Layer 2 (L2) is any protocol built on top of Ethereum. Optimism is an L2 scaling solution, which allows for the Ethereum mainnet to be 'unburdened' from the great number of transactions it has to process. It uses optimistic rollups to achieve lower fees and latency, as well as greater throughput compared to Ethereum L1 alone. The team behind Op

Tax Body in Spain Will Force Citizens to Declare Overseas Crypto Holdings

The Spanish Tax Agency – known in the nation as the Hacienda – has announced its intentions to step up its monitoring of crypto, and will move to force citizens and residents alike to declare their bitcoin (BTC) and altcoin holdings, even if those are held on overseas-based platforms. Per El Economista, the Hacienda has recently outlined its plans for 2021, and appears to suggest that it will apply Modelo 720 rulings to crypto holdings as of this year. The Modelo 720 is a declaration of overseas assets, held outside Spanish territory. Citizens must complete and submit the form if they are receiving money from companies based overseas, hold real estate outside the country or keep bank accounts in other nations. And now, this declaration will be applied to crypto and digital assets, as the body also “expands its surveillance” and will demand crypto holders hand over information on their assets. The much-maligned Modelo 720 system has come under fire from political rivals and critics,