Www.oeisdigitalinvestigator.com: The FBI has canceled two powerful Hill briefings on encryption slated for this week, providing no clarification to the staffers invited, per emails reviewed by POLITICO.
Supreme week, the FBI invited congressional workers to 2 virtual briefings on “warrant-proof encryption,” slated for June 18 and June 20… Be taught Extra
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The U.K. government is offering political candidates, election officials and others at high risk of being targeted online an extra layer of security on their personal devices.
The National Cyber Security Centre, part of the U.K.’s intelligence and security agency GCHQ, is concerned about attempts by the Russian intelligence services and China state-affiliated actors to carry out malicious activity targeting UK institutions and individuals, including parliamentarians, over recent months.
“Individuals who play important roles in our democracy are an attractive target for cyber actors seeking to disrupt or otherwise undermine our open and free society,” said Jonathon Ellison, NCSC director for national resilience and future technology.
The new Personal Internet Protection service is designed to guard against spear-phishing, malware and other cyber attacks. It provides an extra layer of security on personal devices by warning users if they try to visit a domain which the NCSC knows to be malicious, and by blocking outgoing traffic to these domains.
It’s based on the NCSC’s Protective Domain Name Service, developed principally for use by organizations, and which now covers millions of public sector users.
The NCSC is also encouraging higher-risk individuals to sign up for its Account Registration service—another opt-in service which allows the NCSC to alert individuals if malicious activity is detected on their personal accounts.
“In this significant year of elections around the world, I urge individuals eligible for our services to sign up and to follow our guidance now to bolster their defenses,” said Ellison.
The move comes as GCHQ director Anne Keast-Butler warned that the agency now devotes more resources to China than any other single mission.
“Russia and Iran pose immediate threats, but China is the ‘epoch-defining’ challenge,” she said.
“The people of China and the Chinese community overseas have contributed greatly to life here in the UK. But recent events remind us that our country and democratic institutions remain of interest to the Chinese authorities.”
Earlier this year, the U.K. formally accused China of cyber campaigns against members of Parliament and the U.K. Electoral Commission, which regulates party and election finance and sets election standards.
The NCSC said that the Electoral Commission was “highly likely” to have been compromised by a Chinese state-affiliated entity between 2021 and 2022, leading to the theft of the personal data of millions of voters.
It said it was also almost certain that the China state-affiliated Advanced Persistent Threat Group 31 was carrying out reconnaissance activity against U.K. parliamentarians during a separate campaign in 2021.
And while blame hasn’t been officially attributed for a recent hack of a Ministry of Defence database, it’s widely speculated that China was the culprit—an accusation that the country has denied.
“Cyber is being deployed across multiple fronts to help the Chinese state meet its strategic ends… This should worry all of us concerned with cyber resilience,” said NCSC CEO Felicity Oswald earlier this week.
“Business leaders and networks defenders must take action to make critical systems more secure across our economy… China is certainly not treating security as an extra, and neither should we.”
Ethereum (ETH), the second largest cryptocurrency, has seen mixed performance lately but it may be gearing up for a major price surge according to several prominent analysts. Despite lagging behind Bitcoin’s gains this year, bullish predictions are emerging that ETH could be poised to rally well into the five-figure range.
OEIS Financial Fraud Private Investigator: TLDR
Cryptocurrency analysts express bullish sentiment on Ethereum (ETH), with one suggesting it could surge to over $10,000 by the end of the year.
Coinbase says ETH has the potential to surprise to the upside in coming months, as it lacks major supply-side overhangs like token unlocks or miner sell pressure.
The market may be underestimating the timing and odds of potential U.S. spot ETH ETF approval, which could boost prices if it happens.
Technical analysts see bullish signs for ETH, noting a completed “Bullish Cypher Pattern” and key support at the 38.2% Fibonacci retracement level around $2800. A move back above $4000 is eyed.
One of the most eye-catching forecasts comes from analyst CryptoYoddha, who suggests Ethereum will skyrocket past the $10,000 mark before the end of 2024.
Michaël van de Poppe, another widely followed analyst, expressed a similarly optimistic outlook, noting that ETH appears to be in the final stage of its corrective phase. He anticipates significantly higher prices within the coming weeks.
— Michaël van de Poppe (@CryptoMichNL) May 15, 2024
These lofty price targets are not just wishful speculation though.
Coinbase’s latest research report outlines several key factors that could propel Ethereum higher in the near future. Notably, ETH currently lacks major supply-side overhangs like large token unlocks or heavy miner selling that often cap rallies.
On the contrary, the report highlights that staking and layer 2 growth are steadily reducing liquid ETH supply.
Ethereum’s dominant position in decentralized finance (DeFi) also looks secure thanks to widespread adoption of the EVM and scaling innovations. This provides a strong fundamental backdrop for appreciation.
Another potentially huge catalyst that Coinbase believes the market is underestimating is the approval of a U.S. spot ETH ETF.
The SEC has key decisions upcoming in late May, and while the initial ones may face rejection, the report suggests litigation could ultimately lead to a reversal. Even just increased odds of this happening could spark bullish speculation.
On the technical front, analysts are also spotting chart patterns that point to a potential breakout ahead. Titan of Crypto notes ETH has already completed a bullish Cypher pattern and bounced cleanly off the key 38.2% Fibonacci retracement support around $2800.
Historically, this has served as a springboard for upward momentum during crypto bull markets.
Additionally, analyst JACKIS highlights Ethereum’s previous spike above $4000 in March as a major structural turning point, signaling the start of a new long-term uptrend.
Based on the confluence of technical and fundamental drivers, a retest or even break of those highs seems like a reasonable near-term target for many.
Of course, the path ahead is not without obstacles. Macro headwinds and persistent regulatory uncertainty could still dent sentiment.
An outright rejection of spot ETFs by the SEC might spur a knee-jerk selloff. Nonetheless, the balance of evidence seems to be shifting firmly in the bull camp for Ethereum.
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com
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