{"id":839120,"date":"2024-07-31T10:11:01","date_gmt":"2024-07-31T04:41:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839120"},"modified":"2024-07-31T10:11:01","modified_gmt":"2024-07-31T04:41:01","slug":"why-hacker-is-god-in-the-world-of-cryptocurrency-and-bitcoins","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/31\/why-hacker-is-god-in-the-world-of-cryptocurrency-and-bitcoins\/","title":{"rendered":"Why hacker is God in the world of Cryptocurrency and Bitcoins"},"content":{"rendered":"<p>The recent cyberattack on WazirX has brought into sharp focus the precarious position of cryptocurrency investors. While the immediate impact is the loss of funds, a deeper analysis reveals a systemic issue: the loophole of &#8216;force majeure&#8217;.<br \/>\nCryptocurrency exchanges, unlike traditional financial institutions, often classify cyberattacks as &#8216;force majeure&#8217; events or &#8216;Act of God&#8217; &#8212; beyond their control \u2013 in their terms of service.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent cyberattack on WazirX has brought into sharp focus the precarious position of cryptocurrency investors. While the immediate impact is the loss of funds, a deeper analysis reveals a systemic issue: the loophole of &#8216;force majeure&#8217;. Cryptocurrency exchanges, unlike traditional financial institutions, often classify cyberattacks as &#8216;force majeure&#8217; events or &#8216;Act of God&#8217; &#8212; beyond their control \u2013 in their terms of service.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-839120","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839120"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839120\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}