CIA Director William Burns said the agency has “several different cryptocurrency-focused projects” on the go.
The U.S. Central Intelligence Agency, CIA, is deeply interested in cryptocurrencies, the director reveals in a report by the media outlet Vice.com.
There is a long-standing conspiracy theory among a small number of cryptocurrency enthusiasts that the unnamed inventor ofBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions.Satoshi the smallest unit of bitcoin with a value of 0.00000001 BTC. Nakamoto, was actually the CIA or another agency. That fringe theory is having a cool day in the sun after CIA Director William Burns said on Monday of this week that the intelligence agency has“a number of different projects focused on cryptocurrency.” on the fly.
Burns made his remarks at the end of a talk at the CEO Summit at the Wall Street Journal.
Here is the video of his participation:
CIA and cryptocurrencies
After discussing everything from the possible Russian invasion of Ukraine to the challenges of space, one of the audience members who was in the audience asked if the agency is aware of cryptocurrencies. The ransomware epidemic is currently at the center of the ransomware epidemic that U.S. officials are trying to control and shut down.
“This is something I inherited. My predecessor had started this, but had launched a number of different projects focused on cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. and trying to look at the second- and third-order consequences as well and help our colleagues in other parts of the world. The U.S. government will also provide solid intelligence on what we’re seeing.”
The answer relates to something that has become a problem: ransomware has attacked a variety of government and private sector spaces as well. In May of this year, a ransomware attack targeted a pipeline company,Colonial Pipeline, caused a shutdown, panic buying and gas a term used on the Ethereum platform that refers to a unit of measuring the computational effort of conducting transactions or smart contracts, or launch DApps in the Ethereum network. It is the “fuel” of the Ethereum network. *see Gas Limit and Gas Price. shortages in several states.
Cryptocurrencies“they could have a huge impact on everything from ransomware ransomware is a type of malware used by hackers to steal or encrypt their victims’ files to extort them for a ransom in exchange for file decryption or restoration. attacks, as you mentioned, because one of the ways to get at ransomware attacks and deter them is to be able to access the financial networks that a lot of these criminal networks use and that gets at the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies issue as well.” Dijo Burns.