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Minoru Saba (minorusaba@toad.social)'s status on Tuesday, 03-Dec-2024 16:34:30 JST Minoru Saba

"Japanese cryptocurrency exchange DMM Bitcoin Co...will [close] after losing 48.2B yen ($320M) worth of digital assets in an unauthorized leak"
"...cyberattack targeting cryptocurrency is suspected"
https://mainichi.jp/english/articles/20241202/p2g/00m/0bu/019000c
🔸Random thoughts re Golgafrinchans adopting "leaf as legal tender"
https://www.bbc.co.uk/programmes/profiles/2gHNc8pLB70dCKlF72qmT1x/golgafrinchans
...and illusion of "money" held in internet banks. Perhaps if we stopped believing, "billionaires" will disappear like Tinker Bell?😎
https://en.wikipedia.org/wiki/Tinkerbell_effect
#GoodThoughts #Japan
In conversation about 2 months ago from toad.social permalink
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  Japan's DMM Bitcoin to end business after losing $320 million in leak - The Mainichi
  
  from https://www.facebook.com/themainichi/
  
  TOKYO (Kyodo) -- Japanese cryptocurrency exchange DMM Bitcoin Co. said Monday it will go out of business after losing 48.2 billion yen ($320 million)
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  BBC Radio 4 - The Hitchhiker's Guide to the Galaxy - Golgafrinchans
  
  Douglas Adams' sci-fi comedy following the misadventures of hapless human Arthur Dent.
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  Tinkerbell effect
  
  The Tinkerbell effect is an American English expression describing the phenomenon of thinking something exists only because people believe in it. The effect is named after Tinker Bell, the fairy in the play Peter Pan, who is revived from near death by the belief of the audience. Another form is called the Reverse Tinkerbell effect, a term coined by David Post in 2003. It stipulates that the more you believe in something the more likely it is to vanish. For example, as more people believe that driving is safe, more people will drive carelessly, in turn making driving less safe. Various applications As an expression, the Tinkerbell effect is applicable to various situations and can be used to better explain concepts and support arguments. In motion perception In the Journal of Consciousness Studies, Frank H. Durgin applies this expression to the study of human motion detection and perception in his paper "The Tinkerbell Effect: Motion Perception and Illusion". He questions the common belief that visual consciousness is a direct translation...
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  Minoru Saba (minorusaba@toad.social)'s status on Tuesday, 24-Dec-2024 15:28:50 JST Minoru Saba
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  So, 2 Dec 2024 report re Japanese cryptocurrency exchange DMM Bitcoin Co shutting shop after losing 48.2B yen ($320M) worth of digital assets in May turns out to be an attack from North Korea.
  https://journa.host/@w7voa/113704712010584758
  Experts reckon a DPRK missile launch costs $2M to $10M, so $320M buys a lot of missiles.
  Keep wondering why #Japan's so blasé re funding DPRK's #nuclear #missile program😡
  In conversation about a month ago permalink
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    Steve Herman (@w7voa@journa.host)
    
    from Steve Herman
    
    Cryptocurrency worth $308 million stolen from Japan-based DMM by North Korean cyber actors. https://www.fbi.gov/news/press-releases/fbi-dc3-and-npa-identification-of-north-korean-cyber-actors-tracked-as-tradertraitor-responsible-for-theft-of-308-million-from-bitcoindmmcom

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