FEMA Data Breach Exposes Private Data of Nearly 3 Million Individuals

A data breach has occurred within the Federal Emergency Management Agency (FEMA), resulting in the private data of nearly three million disaster victims being shared with an unnamed contractor. Who’s at Risk? The shared information includes home addresses, social security numbers and banking information for victims of U.S.-based disasters such as hurricanes Irma, Harvey and Maria in 2017 that utilized the organization’s Transitional Sheltering Assistance program, which seeks to aid and relocate individuals following a natural disaster. FEMA press secretary Lizzie Litzow explains in a statement that the organization “provided more information than was necessary” to the contractor, and that

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Disgraced Crypto Exchange QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEO’s Bitcoin Wallet

On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange “inadvertently” moved $ 370,800 in Bitcoin to a cold wallet controlled by CEO Gerald Cotten, who passed away. The report of the monitor read: “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately CAD $ 468,675 to Quadriga cold wallets which the Company is currently unable to access.” “The Monitor is working with Management to retrieve this cryptocurrency from the various cold wallets, if possible.” Throughout the past

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China’s Stocks Are on Fire Despite Slowest GDP Growth in Nearly 30 Years

Despite official 2018 GDP figures showing that the Chinese economy grew last year at its slowest pace in 28 years, some of China’s largest stocks continue to perform at market-leading levels, led by tech quartet Tencent, Baidu, Sina and Alibaba. According to the data released by Beijing on Monday, China recorded a GDP growth rate

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Tax Nightmare: 10,000 Bitcoin Trades Net Swedish Man Nearly $1 Million in Taxes

By CCN.com: Linus Dunker, a Swedish crypto trader, was shocked to receive a bill for almost $ 1 million from the Swedish Tax Agency, claiming that the tax demand is “unreasonable.” The case is one of a growing number of cryptocurrency-related cases being taken up by the agency, with several bitcoin traders receiving tax bills for

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