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Most bitcoin trading faked by unregulated exchanges, study finds • WSJ
Paul Vigna:
<p>Nearly 95% of all reported trading in bitcoin is artificially created by unregulated exchanges, a new study concludes, raising fresh doubts about the nascent market following a steep decline in prices over the past year.

Fraudulent trading volume has dogged cryptocurrency trading for years, but the extent of the market manipulation has been difficult to determine. Bitwise Asset Management said its analysis of trading activity at 81 exchanges over four days in March indicates that the actual market for bitcoin is far smaller than previously thought.

The San Francisco-based company submitted its research to the US Securities and Exchange Commission with an application to launch a bitcoin-based exchange-traded fund. The study, made public Thursday, is an attempt to alleviate the agency’s longstanding concerns that a bitcoin ETF would leave investors exposed to fraud and market manipulation.</p>

Bitwise's cunning plan is that it will have a fund based in 10 regulated exchanges that can verify their trading data. Which means that of an apparent $6bn of reported daily volume is actually $273m of real money; the rest is shuffled about between liquidity enablers such as Tether, into bitcoin, back out. That still seems like a lot of money.
bitcoin  trading  fake 
yesterday by charlesarthur
HappyBison.com: tech, research and bison
In general, each Micro SD card has two main parts: microcontroller and raw flash chip. While the flash chip has its fixed size (i.e. 8GB), the microcontroller can be programmed to report anything. This way a fake card's microcontroller reports 64GB, while the flash chip stays 8GB.
fake  microsd  memorycard 
yesterday by barabasz
Deepfake propaganda is not a real problem - The Verge
If you’ve been following tech news in the past year, you’ve probably heard about deepfakes, the widely available, machine-learning-powered system for swapping faces and doctoring videos.
deepfakes  fake  news  images  neural  networks  poor  propaganda  video  stream 
13 days ago by therourke
DEF CON 26 - Svea, Suggy, Till - Inside the Fake Science Factory - YouTube
Fake News has got a sidekick and it's called Fake Science. This talk presents the findings and methodology from a team of investigative journalists, hackers and data scientists who delved into the parallel universe of fraudulent pseudo-academic conferences and journals; Fake science factories, twilight companies whose sole purpose is to give studies an air of scientific credibility while cashing in on millions of dollars in the process. Until recently, these fake science factories ha...
fake  science  academics 
16 days ago by kwbr

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