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Showing posts from December, 2020

The STABLE Act has Facebook, Bitcoin Buying Non Fungible?

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The STABLE Act is Coming. What is a Coin, What is a Token? By Dominic Alvieri, @AlvieriD November 20th, 2020 The Crypto Craze. The proposed STABLE Act will require stablecoin issuers to have a banking charter and report holdings. The STABLE Act may be coming soon. Additional reporting and disclosure of assets securitizing stablecoins is a move in the right direction for security sake. You probably have heard Bitcoin is an investment or a store of value . You may have also heard most ransomware is paid in Bitcoins. Do you know the difference between a coin and a token? Do you know about different blockchains? Do you know what fungible means? What or who is backing your stablecoins? Bitcoin, Ethereum, Ripple and stablecoins are not all created equal. Bitcoin is a digital currency to invest, hold or purchase in exchange for goods or services much the way a dollar in the local store would. Your one dollar or Bitcoin is fungible or able to replace or is interchangeable or equal to the next ...

Wall Street Bitcoin Phishing Warning

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Wall Street Firms and Funds on High Alert. My accounts were exposed and several attempts were made... SIM Jacking and The Honeypot Files. New Warning. By Dominic Alvieri, @AlvieriD December 3rd, 2020. Secure your phone and digital assets now. . Wall Street phishing is more dangerous now. FINRA fake site this week highlights persistent threat to Wall Street firms, now with greater crypto risks. Healthcare, Financial and educational infrastructures are under attack. The risks are getting worse. Cyber theft and ransomware is running rampart along with mis and dis information and other ill willed digital variances. Numbing us slowly or with one abrupt jerk. Goldman Sachs, Morgan Stanley and many other financial firms have always been targets. Many firms are now heavily invested in cryptocurrencies and blockchain investments and are even bigger targets now. Phishing campaigns and security have a whole lot more at stake.  Several of my crypto accounts and wallets were exposed and several...