the article states they have not run any ransomware on the systems as of yet and they have maintained access. a backup wouldn't do much in this situation. it's not confirmed if the attackers are the cause of the service going offline and it should be presumed if they were they can take it down again.
it's not necessarily social media itself but the underlying structure and the ways it's misused that makes it harmful. it says more about american values than social media itself.
You're implying it's impossible to purchase goods and services with cryptocurrency. What's stopping someone from say purchasing gold bullion with cryptocurrency and in turn exchanging that for cash? There are also OTC exchanges. My point is there are many methods to exchange it for some other thing of value that doesn't directly involve exchanges and in turn the traditional banking system.
it's also The Register which is sort of known for these kinds of fear mongering clickbaity headlines. Just about anything can be misused for nefarious purposes. The implications of a sophisticated generative text program (simplifying it [a lot]) are rather obvious
TA is the primary form of analysis for all financial markets. The idea is that the price contains all of the information, hidden on publicly available. It's a requirement for taking the CFA.It's widely accepted by regulators, academics, and industry professionals.
No, it's like pulling cash from banks and sticking it under the mattress. Sure the wider cryptocurrency market is a financial wild west, but bitcoin is relatively stable (I don't mean non-volatile) at this point. It's a reasonable alternative.
I'm really starting to think this anti-web3 and generally anti-crypto sentiment is being encouraged and pushed by corporations and elites so they can take over the space and add it to their hypercapitalist armoire