Tag: North

Rich Men North Of Richmond: A Bitcoin Anthem?

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This is an opinion editorial by Spencer Nichols, Product Marketing Associate at Bitcoin Magazine and host of The Cosmic Bitcoin Podcast. Folk music artist Oliver Anthony took the internet by storm with a video of his song “Rich Men North of Richmond,” recorded in the woods near his off-grid home in Virginia, and has created something resembling the Bitcoin song of the year. Anthony’s raw emotion and lamentation of the “new world” along with his observation that “the dollar ain’t shit” has certainly aided him in receiving accolades from the…

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CoinsPaid claims North Korean hacking group used fake job interview to steal $37M

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Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees. In an Aug. 7 blog post, CoinsPaid said an exploit which allowed hackers to steal more than $37 million on July 22 was the result of tricking one employee into downloading software during a fake job interview, having them believe they were completing a technical task. The firm reported that the worker responded to a job offer put out by hackers and downloaded the malicious code, allowing…

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With Rushed Moratorium On Bitcoin Mining, North Carolina County Stifles Innovation

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This is an opinion editorial by Dennis Fassuliotis, founder of South Carolina Blockchain Inc. and co-founder of South Carolina Emerging Technology Association, Inc. Why is the Buncombe County, North Carolina moratorium on Bitcoin mining so important? Because they got caught. There is a contagion running through Western North Carolina and this time, we know it was man made in a lab. It is called a “moratorium on bitcoin mining.” Its origins date back to August 2022 in Clay County, and Buncombe County has mutated it into this newest strain based…

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