WhiteBIT released a report saying that social engineering scams remain the top threat to crypto users. The report shows that 40.8% of crypto security incidents this year involved scammers tricking victims through fake investment opportunities or impersonation. Technical wallet attacks (such as phishing, malicious software or keyloggers) accounted for 33.7%.
Peter Schiff, an economist and critic of cryptocurrencies, posted on social media that gold is the biggest threat to bitcoin. That's why the entire cryptocurrency industry is now attacking it. When gold took more than a decade to consolidate its previous gains, the bitcoin hype worked. But now that the price of gold has soared, people have no reason to buy bitcoin.
"Big America" will raise the 5 trillion debt ceiling to avoid short-term default, but it is likely to increase 3.40 trillion debt in the next decade. Debt stress may become the biggest threat to the "special status" of the US financial marekt. Click to view...