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White supremacists are the big winners of bitcoin’s epic rally

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The cryptocurrency bitcoin rose over 1,400 percent after surging on Thursday above $17,000. And, according to Mic, that epic rally could wind up benefiting a group who’s otherwise faced a rough year in the web currency sector: Neo-Nazis.

In August, Apple Pay, PayPal and GoFundMe joined a chorus of tech companies cutting off known white supremacists after the deadly “Unite the Right” rally in Charlottesville, VA. But bitcoin, which allows anonymous users to move currency, remains a viable avenue for neo-Nazis to transfer money without working through centralized banks. Richard Spencer once even referred to bitcoin as the “currency of the alt-right.”

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And, according to Mic, as the bitcoin price grows, so do their wallets.
To investigate bitcoin use among white supremacists, Mic analyzed the transactions revealed by the bot Twitter account @NeonaziWallets, “an automated feed of bitcoin transactions involving suspected neo-Nazi or alt-right extremist wallets.” The bot is able to gather information on suspected alt-righters because in order to accept donations, organizations and users have to publicize their bitcoin addresses.

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“The disadvantage [for neo-Nazis] is that I can see their transactions, I can see when they’re spending money, and given effort and investment of time, I could figure out who is donating to them also,” John Bambenek, the bot’s creator, told Mic.

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White supremacists have a vested interest in using the anonymous cryptocurrency, given the swift backlash from other companies following the Charlottesville rally. But with no end in sight for bitcoin’s meteoric rise, the resulting pile of cash will no-doubt assuage concerns over having those transactions identified.


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‘Recipe for disaster’: Officials in Florida city say they face ‘unimaginable’ potential death from COVID-19

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Officials in the Florida city of Hialeah are warning that they are uniquely vulnerable to the COVID-19 pandemic and face the possibility of "unimaginable" death from the disease.

In interviews with The Daily Beast, the officials explained how their large population of senior citizens is at grave risk if Hialeah erupts as a major COVID-19 hotspot.

"I think it is going to get a lot worse," Hialeah Councilman Jesus Tundidor tells The Daily Beast. “The experts have been telling us to expect a peak [in Florida] near the end of the month. As we get more testing sites up and running, the more positive cases we will see. And that will create more fear."

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November 2019 intel report warned of COVID-19 ‘cataclysmic event’ — even as Trump still insists no one saw it coming

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An intelligence report issued in November 2019 warned that COVID-19 could severely disrupt daily life throughout the world and described it as a potential "cataclysmic event."

ABC News reports that the military's National Center for Medical Intelligence (NCMI) late last year issued a report that raised alarms about "an out-of-control disease" that "would pose a serious threat to U.S. forces in Asia."

"Analysts concluded it could be a cataclysmic event," one source tells ABC News, who also says that the report was briefed "multiple times" to the Defense Intelligence Agency, the Pentagon’s Joint Staff and the White House.

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Increasingly detached Trump frequently fantasizes about proving critics wrong about unproven coronavirus treatment: report

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President Donald Trump is leaning on the comfort of Fox News pals, Rudy Giuliani and his family as the coronavirus overwhelms his presidency and keeps him from the campaign trail.

The president has grown even more detached and distrustful of the government he oversees and the medical experts trying to guide him through the pandemic, and he's betting heavily on the antimalarial drug hydroxychloroquine as a miracle cure for the virus, reported The Daily Beast.

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