Following Money Through the Bitcoin Laundry Is Not So Easy
Just recently there was a small ransomware outburst called “Peyta” that attacked various computers around the world. The creators of Peyta didn’t make as much money as the Wannacry extortionists had made a few weeks earlier, as Petya only raked in around $8,000 worth of BTC. However, the money the hackers accumulated has moved and following […]
The post Following Money Through the Bitcoin Laundry Is Not So Easy appeared first on Bitcoin News.
Coindash is a blockchain company that helps investors manage investments and hedge those investments against other traders. This morning the startup’s token sale was hacked and 7 million dollars’ worth of ether were promptly stolen. The company left a warning on its token funding page advising investors to cease sending funds. Also read: Alphabay Phisher Makes $1 Million in
A deep web hacker operating under the pseudonym of ‘Phishkingz’ has recently claimed to have generated over $1 million from phishing Alphabay accounts during the last 14 months. In a recent interview with Deepdotweb, Phishkingz details the methods that he uses when stealing bitcoins. Also Read: Law Enforcement Takes Down the Biggest Darknet Market on the
Bitcoin mining has grown into a vast economy over the past few years as large ASIC-powered mining farms process transactions for the $32 billion dollar market. In the early days, people could mine bitcoins using their central processing units (CPU) and they still can, but the undertaking is extremely inefficient. However, a few people still
This past week Bitcoin.com reported on the Alphabay darknet marketplace going offline while many speculated an exit scam. It’s been close to a week now with no signs of the underground market coming back online, which could lead to a severe loss of bitcoin for those holding money there. Also read: Protestors Will Watch Mt Gox
There are multiple ways people can store bitcoins offline, using either a paper wallet or hardware options from companies like Trezor, Opendime, Ledger, and Keepkey. However, bitcoin users can also create a bitcoin wallet on a far cheaper USB thumb drive as well to store coins offline. Also Read: How Much Does it Cost to
In less than four weeks the Bitcoin network has many events on the horizon, and numerous things could happen during the weeks following. Also read: A Look at the Bitcoin Apps Being Built Using the Lightning Network The Fear of a Chain Split Right now over the course of the next 3-4 months, there are many plans
This week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have revealed that their holdings of 3,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users unable to
Germany’s largest food delivery web portal, Lieferando.de, which boasts over 11,000 partner restaurants, recently announced that it has started accepting bitcoin for payments. The company is owned by one of the largest online food ordering websites in the world, Takeaway.com. Also read: Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin Lieferando.de Leads the
After expanding services in Europe earlier this year, bitcoin payroll and wage payment service provider Bitwage announced its official launch in the UK on Monday. Also read: Bitwage Launches New Functionality for European Customers Bitwage’s Official Launch in the UK Bitwage offers solutions for remote workers to receive wages in a variety of currencies including
