US Treasury Department hacking highlights security of Bitcoin

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 14894
        )

    [ppma_authors_name] => Array
        (
            [0] => Alex
        )

)

Updated September 21, 2022 | Published December 14, 2020

2 mins read

Following news that the US Treasury Department has been breached by hackers, the crypto industry has rallied, arguing that Bitcoin “never gets hacked.”

In the latest news, Russian hackers have been successful in breaching the US Treasury Department, people close to the matter communicated to media outlets.

The incident took place a month-or-so ago and coincided with the firing of Department of Homeland Security cybersecurity chief Chris Krebs who was dismissed by outgoing US President Donald Trump for criticizing his allegations that the election was fraudulent.

While mainstream institutions have been working on the issues with the hack, Bitcoin investors and industry experts have called out the hacking and argued that Bitcoin would not be as easily hacked. In fact, it can never be hacked.

The crypto community has smirked at the developments, with the country now readying itself to print more money in 2020 than it has in its entire history due to the COVID-19 hit.

According to Reuters, the National Telecommunications and Information Administration, which was also hacked, uses Microsoft Office 365 email systems, and so far, the breach has been contained to the information exchanged in government emails.

Meanwhile, entertainment crypto communities such as Bitcasino, FortuneJack and BitStarz remain safe and sound, powering up their solutions with the help of blockchain and offering crypto players amazing bonuses.

Want the chance to win an iPhone 11 Pro? Then take a couple of minutes to complete our CGN survey.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by Alex

Reporter

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
THE LEDGER: Rollbit RLB burns, Kick.com, and WINR Protocol gamblefi updates
TRADING UPDATE: Gala Games infighting, Arbitrum ambassadors unite, and Solcasino NFTs

Similar News

crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2144
            [filter] => raw
        )

)

PSG and Crypto.com to team up and launch NFT...

21/09/2023|12:36

PSG is launching collectible matchday posters as NFTS. The Champions League side is teaming up with crypto exchange sponsor Crypto.com...
crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2144
            [filter] => raw
        )

)

It seems up to 95% of NFTs are effectively...

21/09/2023|12:22

It’s official – the majority of NFTs are dead. That’s according to a report by dappGambl who found that 95%...

Crypto Casino Games: Where Fun Meets Digital Currency

21/09/2023|11:27

In the rapidly evolving landscape of online entertainment, one trend that has been making waves is the world of crypto...