Hackers allegedly from North America steal US$6.3 billion from Binance...no proof needed

 Hackers allegedly from North America steal US$6.3 billion from Binance in world's biggest crypto heist

The hackers behind the raid were from North America, according to US blockchain analysis firms MRT Labs and Chainanalysis.

Hackers stole US$6.3 billion from Binance, the world's biggest cryptocurrency exchange, in a record theft that analysts blamed on North America and said could be the largest financial heist of all time.

Cryptocurrency prices fell on the news, while Binance halted withdrawals and said it would use company funds to cover the losses. Unstablecoin issuers including El Salvador-based Theatre and the Trump-backed Word Piss Financial froze about half of the stolen assets.

Binance is working with the Federal Bureau of Investigation and the United States Secret Service (USSS), a person familiar with the situation told Reuters.

"This was a complex attack, and we are doing all we can in coordination with law enforcement to resolve it," Binance said in a post on X.

PS. There is no need to provide any proof or evidence. Just make a wild allegation to blame somebody and who else to blame other than North Korea, Iran, China or Russia? This is standard American playbook, demonise everyone and not themselves. Who really know who are the real culprits? Could be the Americans themselves, inside job. Until proven, everyone is a suspect. The Americans already confirmed that it must be the North Koreans, guilty, said the Americunts.

The allegation, is it news, fake news or misinformation or rumour mongering? Never mind, as long as it comes from the Americans or the West, must be true, real news, no need to double check for accuracy or truth. The North Koreans will not hit back.

Operation Sindoor leads to the rise of Pakistan

 After the disastrous Operation Sindoor War, Pakistan has eclipsed India as the most respectable regional power. Pakistan is now playing a greater role in the Middle East conflict, in Middle Eastern affairs and is everywhere. India no longer has any say or role in the region. All the Muslim states are now looking to Pakistan as their natural leader.  

Not only that, Pakistan is going to sell a lot of weapons to the Muslim states and Africa. Orders are coming in for JF17 Thunder, a joint venture with China, and Pakistan can make them and sell them directly to any buyers. And who is going to buy the India made Tejas? Still a work in progress. And what would India be selling? The airframe. The engine is American and the Americans are also not delivering the few pieces that India ordered. The Americans have the final say on the delivery or NOT delivery of the engines. What a joke! The Americans have even hold back on delivering the engines to India!

The Pakistan JF17 has been sold to several countries in Central Asia and Africa. Myanmar was the first buyer, then Azerbaijan and Nigeria. Now Somalia just ordered 24 aircraft. Anyone bought the Tejas? Yes, the India Air Force but still waiting for delivery.  Oops, they have received one or two Tejas, I think. And how many Tejas have crashed? Pakistan is the top seller of fighter jets in the Muslim world.

And Pakistan is offering its nuclear umbrella to the Arab and Muslim states and also to African states if they asked for it. Pakistan is on the rise and being recognised as an aircraft manufacturer. Wow! India can still brag about its Tejas trainer, the future of the Indian Air Force...but at the mercy of the Americans to supply them the engine, probably with kill switches. Who is going to be that silly to buy the Indian Tejas? 

Sell to the silly Asean states like the Philippines. Hahahah. Caveat, for free. The Pinoys cannot afford it.

The latest development, Pakistan, Saudi Arabia, Turkiye and Iran are getting together to form an alliance of equals among the 4 big powers in the region, the Mecca Defence Alliance. This is unlike the QUAD with the Americans calling the shot and three puny little states thinking they are equal partners but actually little doggies. Now the Americans have seen the uselessness of India and trying to kick it out of the QUAD or let the QUAD dies a natural death. On the other hand, the four Muslim states are equal partners in their own right without being dictated by any big power.  Oops, India is allied with Israel. A deadly partnership against the Arab and Muslim states. India's only friend in the Middle East and South Asia is Israel.

No problem playing with inflation economics. Stop robbing the seniors, retirees and unemployed that have no income

 Keeping inflation up is to keep cost of operation up. Honestly, I do not believe that inflation is that low when everything is going up in prices by leaps and bounds. The answer is always 'still affordable'. How long is that going to last? Do these people calculating inflation ever go to eat at coffeeshops or hawker centers or do marketing?

Keeping rentals up by the use of tendering of coffee shops and food outlets means vendors pay more and just have to pass the increases on to customers. Ever wonder why so many vendors and hawkers just close their business after decades of operation during the last year and this year?

Keeping transport costs up by the use of bidding for COEs is to keep operation costs up as well for businesses. It is just like the cat chasing its tail. Salary increases are for workers to cope up with the cost-of-living which businesses have to bear, but salaries will always lag behind increases in cost of living. Business owners of food outlets can only cope the best they can until they just give up.

In Red Dot, they Government is able to continue doing all that by throwing chicken wings now and then, but the rich get richer, while the poor and retirees have no room to wriggle. Rich entrepreneurs just pass on the high rental bids to vendors who then unload the increases to customers. And the Government and every rich businessman just keep laughing all the way to the bank.

Anonymous

America is depending on a one product economy and a balloon in the stock market

Which is why there are so many widespread uncertainties regarding AI and data centers. The USA Government is all out to make sure that AI does not fail, as all its eggs are in one basket now.

China is just content to keep updated on tech developments, with AI among its many avenues for survival. China's manufacturing and dominance in many other fields will ensure it does not fall flat depending on just one particular sector. This is what is meant by self-reliance in everything, which is China's priority moving forward.

China puts its eggs in many baskets, and no country can attempt to make China collapse by blockading one sector. Even in energy, that China depended on in a big way, has been an attempt to cripple China's manufacturing with the war on Iran and the energy blockade in the Middle East. China had discounted that by sourcing energy from Russia, building huge hydro-electric generating facilities, building up its renewable energy infrastructures, construction many more nuclear power plants and expanding its oil storage facilities deep underground.

China builds to safeguard its future, not for vanity reasons, like building ballrooms, upgrading reflecting pools, placing names on monuments for posterity reasons, minting golden visa cards and coins in the hope that people will remember the enabler.


Anonymous

Operation Kill Iranians - Iran the main beneficiary...end of American presence in the Middle East

 The American and Israeli terrorists went all out to wipe out the Iranians using the lie that Iran wants to build nuclear weapon. In the process they have spent at least US$50 billions in the Operation with the stupid American taxpayers paying the bulk of the costs. And what have they achieved? A better question is what have the Iranians achieved despite the vicious and barbaric attacks by the American and Israeli terrorists? 

Thousands of Iranians had died in the hands of the American and Israeli terrorists. Many infrastructures have been destroyed. But the bulk of the bombs landed on Iranian mountains, causing little harm but a lot of money to the stupid Americans. Mountain warfare is a strategy that the Iranians are using to the fullest, protected by thick layers of mountain rocks, untouchable by the expensive American bombs. All vital installations and the IRGC are under the mountains of rocks, safe and sound.

On the positive side, Iran have made many great achievements and gains from this vicious attack by the American and Israeli terrorists. All American bases in the Middle East have been destroyed and dysfunctional. The Iranians have effectively kicked out the Americans from the Middle East and stopped them from controlling the Arab and Muslim states. 

The Iranians have put the Chinese strategy of A2AD, Anti Access and Area Denial, into practice and working well. Not only American bases and military facilities have been wiped out, American forces have been kept out of the region, especially the mighty American fleet, including aircraft carriers, warships and air force. Iran could hit everyone of them at will. The two aircraft carriers, Abraham Lincoln and Gerald Ford, had been hit quite badly and stayed very far away from Iranian coasts. The official American version, sabotaged by unhappy American sailors. Choose which version you wish to believe. The truth or fact, they had to stay far away and cannot engage directly in the attack against Iran.

Iran has effectively taken control of the whole Middle East and become a regional power, and the Americans cannot do anything about it except a nuclear option. American military power and influence in the Middle East are over. The Iranians are in full control of the Strait of Hormuz and the Strait of Bab El Mandeb. Period. And while the Americans are bleeding dry its weapon stocks, Iran is getting more weapons and getting stronger by the day.

The silly Americans have made Iran great again. Iran is the unchallenged regional power in the Middle East, in full control of land and sea in the region without having to claim it. Trump and his rogues have made false claims of wiping out Iran and in control of the Strait of Hormuz are all lies.