The HyperLinq Weekly Digest is the one-stop source for the HyperLinq community to access relevant news involving digital assets, where we essentially outline key industry updates that our members may have missed. We are always open to suggestions and feedback so please do not hesitate to let us know what you think!
United States National Debt Hits 23 Trillion — Over $1M Per Bitcoin : Adrian Zmudzinski | CoinTelegraph
The United States national debt is now over $23 trillion, according to website U.S Debt Clock. It is also worth noting that the debt per United States citizen is $69,724 and that the debt to gross domestic product ratio is 106.65%. The milestone has been pointed out on Nov. 1 by Bitcoin advocate Twitter personality Rhythm, who also said that every dollar of U.S. national debt is, in fact, a reason to buy Bitcoin .Host of the Keiser Report and cryptocurrency entrepreneur, Max Keiser, also says that central banks are contributing to Bitcoin’s success in a recent interview with tech news outlet Hackernoon published on Nov. 1. Since mid-September, the U.S. Fed has effectively created hundreds of billions in new money — more than Bitcoin’s entire market cap of $165B — in a just a matter of days.
Telegram Releases Test Crypto Wallet Despite SEC Lawsuit : Anna Baydakova | CoinDesk
French High School Students Will Learn About Bitcoin And Crypto : Joeri Cant | CoinTelegraph
France is about to introduce an educational module to its high school curriculum that covers Bitcoin and cryptocurrencies. In June, the French Ministry of National Education amended its study plan to incorporate the world’s largest cryptocurrency. French educators are expected to teach an introductory course that will assist students in understanding the impact Bitcoin has on the French and global economies. The ministry further provides teachers with three educational explainer videos that address questions such as "Is Bitcoin the currency of the future?", "Can Bitcoin replace the Euro?" and "Do you have trust in your currency?" According to the ministry’s outline, students will be required to compare Bitcoin with fiat currencies, which will eventually lead to basic knowledge about Bitcoin, cryptocurrencies and their role in the traditional financial world. As it is only an introductory course to Bitcoin, students are not expected to leave the classroom as full-fledged crypto experts. However, teaching young students some of the ins-and-outs of Bitcoin and cryptocurrencies will provide them with knowledge that grows increasingly relevant as cryptocurrencies become more widely adopted.
Binance Enters Korean Market With New Business Entity : William Foxley | CoinDesk
Binance may have taken another step toward launching a crypto exchange arm in South Korea. Binance’s presence the Korean market was confirmed Friday by CoinDesk Korea, after the company registered Binance Co. Ltd. with local authorities on Oct 29. Operating out of Malta, Binance has local entities in Singapore, Jersey and Uganda, as well as a partner entity in the United States. Binance CEO Changpeng "CZ" Zhao also told CoinDesk recently the firm has plans for expansion in Russia, though that may not involve a new exchange branch. CoinDesk Korea reached out to Binance to confirm the acquisition of Binance Co. The following month, Korean corporation Binance LLC registered in the country with no known affiliation to the crypto exchange. Two months later, the launch of a Korean arm seemed imminent after CZ confirmed conversations with BXB Inc. which was also eyeing the issuance of its own won-pegged stablecoin. At the time, Binance posted a job ad for a South Korean compliance officer.
Worldwide Google Searches for ‘Bitcoin’ Hit 3-Month High : Adrian Zmudzinski | CoinTelegraph
Worldwide Google searches for "Bitcoin" — currently worth $9,400 — are now near a three-month high, according to Google Trends. Current interest is at the highest level since early August, when BTC price was around $11,700. The top five regions are Nigeria, South Africa, Austria, Ghana and Brazil. As reported earlier today, peer-to-peer cryptocurrency trading platform Paxful said its volumes grew 2,800% over the past year in South Africa. Overall, the chart shows that the number of searches for blockchain has been much more stable than those for Bitcoin, without any sharp increases or decreases, unlike on WeChat trends, where searches for "blockchain" and "bitcoin" soared, as reported yesterday. Meanwhile, Chinese state media announced today that the country should embrace blockchain technology but warned against "speculating" in cryptocurrencies such as Bitcoin.
There’s a New Way to Get Your Stolen Crypto Back : Ian Allison | CoinDesk
Exclusively revealed to CoinDesk, Coinfirm has teamed up with global investigations firm Kroll, a division of consulting firm Duff & Phelps. The joint initiative being launched is called ReclaimCrypto, and combines the latest blockchain forensic techniques with the more established world of legal investigation and asset recovery. Figures on what is recoverable vary. For instance, CipherTrace, another analytics firm recently said some $4 billion in crypto has been lost this year. Coinfirm’s partner, Kroll, takes a more "traditional" approach, which might involve producing court orders to get an internet service provider to reveal details about an IP address, or using former FBI and CIA operatives to scour the dark web for activity involving stolen funds. It should be pointed out that Kroll is not new to crypto: The firm worked with the U.S. Securities and Exchange Commission last year in relation to fraudulent coin offerings. Kroll also tells CoinDesk it helped track down the perpetrators in Europe of $27.8 million bitcoin theft. "With the ReclaimCrypto initiative in mind we have have been able to repurpose it so we can go into that database with a wallet string and look for any identifiers that are associated with that wallet name – perhaps a conversation over the selling of stolen credit cards or someone offering criminal services and providing that wallet as an address."
New Web App Scans GitHub For Secrets Like Crypto Keys And Passwords : Joeri Cant | CoinTelegraph
A new web app, called "Shhgit", will scan the web-based GitHub code repository and search for sensitive secrets, such as private crypto keys. Shhgit scans for secrets across public code repositories that sometimes end up in the hands of bad actors and ultimately have the potential to cause significant data breaches. Price said that finding these potentially harmful secrets across GitHub is nothing new. At a minimum, Price said, "config files should be encrypted with a environment-based key." Although scanning for secrets in public code repositories has existed since the launch of GitHub, some recent data breaches, such as the Capital One hack that left the personal data of over 100 million individuals exposed, show severe implications of faulty security that can lead to reputation damage and huge fines. Price states that his tool can help in finding any secrets accidentally committed in real time, which should give developers the time to delete any sensitive information before hackers can have a field day with anybody’s private information.