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Iran Devises Way to Convert Oil to Bitcoin - Vimarsana News

Iran Devises Way to Convert Oil to Bitcoin

GovInfoSecurity Compliance DougOlenick) • May 25, 2021     Get Permission Iran is using its abundance of oil to generate electricity that powers a massive bitcoin cryptomining operation that enables the country to turn its greatest natural resource into money, offsetting some of its income lost as a result of U.S. and EU economic sanctions that ban imports from the country, according to cryptocurrency analysis firm Elliptic. Iran is home to about 4.5% of the world's bitcoin mining operations, and some of them are ...

Should Paying Ransoms to Attackers Be Banned? - Vimarsana News

Should Paying Ransoms to Attackers Be Banned?

Should Paying Ransoms to Attackers Be Banned? Compliance Compliance Compliance DougOlenick) • May 24, 2021     Statement posted on CNA website after ransomware attack Insurance company CNA's apparent decision to pay attackers a $40 million ransom and Colonial Pipeline Co.'s payment of a $4.4 million ransom are stirring debate over whether such payments should be banned under federal law. Bloomberg News reported Thursday that Chicago-based CNA had paid the hefty ransom (see: Insurer CNA Disconnects Systems After '...

Ecuadorian Party demands end to US blockade against Cuba - Vimarsana News

Ecuadorian Party demands end to US blockade against Cuba

Ecuadorian Party demands end to US blockade against Cuba Ecuadorian Party demands end to US blockade against Cuba Quito, May 16 (Prensa Latina) The political party Revolutionaries in Progressive Action 'Ecuador Resiste' demanded today the end of the economic, financial and commercial blockade imposed by the United States government against Cuba. 'The blockade constitutes a massive, flagrant and systematic violation of human rights for all Cuban citizens. It is the most complex and prolonged system of unilateral coercive measures ever imposed against any country,' the Ecuadorian organization s...

Ransomware on the Rise in Critical Infrastructure Sector | King & Spalding - Vimarsana News

Ransomware on the Rise in Critical Infrastructure Sector | King & Spalding

To embed, copy and paste the code into your website or blog: Recent ransomware attacks against U.S. critical infrastructure, which includes the energy sector’s production of oil and natural gas, and other sources of electricity and power, have shed a spotlight on the importance of staying updated on sector-specific techniques, tactics and procedures (“TTPs”), and preventative and remediation actions. This Client Alert will: (1) provide a brief background on the nature and risks of ransomware on critical infrastructure; (2) discuss the current ransomware threat landscape; (3) note legal ...

FDR banned gold 88 years ago — Will Joe Biden issue a bitcoin ban? - Vimarsana News

FDR banned gold 88 years ago — Will Joe Biden issue a bitcoin ban?

By: Tho Bishop Today is the eighty-eighth anniversary of Executive Order 6102, signed by President Franklin Delano Roosevelt, “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The order was one of the several disastrous responses to the Great Depression that succeeded in escalating the financial crisis. Later in the year, the US Congress would pass a resolution retroactively supporting the legislation; however, it was the determined autocratic leadership of FDR that made way for these unprecedented measures. It would be ...