Bitcoin Ransomware Attack Halts Major American City’s Government and Police
Many government services in Atlanta, Georgia, a major metropolitan US city, were brought to a halt this week. Ransomware appeared on municipal computers, urging a payment of $51,000 in equivalent bitcoin, otherwise vital city functions would be shut down. The hackers made good on their threat, and services all over the city were impacted, including […]
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The price of BTC had increased in value significantly over the years, reaching $19,600 at its highest peak – and the exchange rate rests at $8,500 today. This is a stark contrast to just over a year ago when the digital currency’s value was under $1,000 per coin. Since the fiat value has increased so […]
When you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, […]
Hacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]
Bitcoin Cash (BCH) is on a roll lately, scoring new mainstream adoption platforms in countries like the United States. But it’s still a relatively small player within the ecosystem, relative to Bitcoin Core (BTC) for example. For these reasons and more, BCH enthusiasts are participating in a 48 hour matching donation challenge, hoping to assist […]
In late 2017 the bitcoin payment processor Bitpay revealed it would add the ability to process payments for multiple blockchains — starting first with the bitcoin cash (BCH) chain. Now on Thursday, the Atlanta-based company announced that BCH transfers can be applied to the firm’s Visa card invoice loads. Also Read: Dutch Bank That Once Called […]
Last year, Apple’s co-founder Steve Wozniak (Woz) revealed he’d purchased bitcoin, likening it to being better than gold. And then, months later, Woz announced he’d sold it all. In the process of selling off his gains, it turns out he was defrauded out of a substantial sum. Also read: How To Regain Control From Nanny Zuck […]
Payment company Circle has announced that it has purchased Poloniex cryptocurrency exchange. Rumors of the acquisition had been circulating for weeks, and were finally confirmed today in press releases issued by both parties. Poloniex is one of the most well established cryptocurrency exchanges, but has been stagnating. It is hoped that the partnership will revitalize […]
It’s only February, but the award for most inaccurate cryptocurrency article of the year is already in the bag. The Financial Post, which bills itself as “Canada’s most trusted source of financial news” has published an editorial that reads like something straight from The Onion. This isn’t satire though – it’s a serious piece authored […]
Coindash has announced that 20,000 ETH have been sent to the company’s wallet from the address associated with the hacker that stole approximately 37,000 ETH during the company’s ICO last year. The transaction constitutes the second instance in which the hacker has returned funds to Coindash. Also Read:Japanese Police Reveal 669 Money Laundering Cases Tied […]
