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Tag: bitcoin

Cryptocurrency Startup Tether Hacked: Attackers Take $31 Million Worth Of Bitcoin

Tether, a cryptocurrency startup, has lost $31 million worth bitcoins from its platform due to the hacker attack. The value of cryptocurrencies has fallen across the market against the U.S. dollar after the news of the attack broke out.

Security November 21, 2017

New BadRabbit Ransomware Spreads Through Europe Demanding .05 Bitcoins For Every Infected Computer

A new ransomware is breaking into hard-to-crack media outlets, subway systems, and airports in Europe, particularly Ukraine and Russia. Called BadRabbit, security researchers think it’s by the same people who distributed NotPetya.

Security October 25, 2017

The Pirate Bay Gives Torrent Links, But Hijacks PC In Return With A Bitcoin Miner

The Pirate Bay gives torrent links, but it is now also taking back from its users by hijacking their computers to mine Bitcoins. Here's what you can do to stop the Javascript code from slowing down your PC.

Internet September 17, 2017

Equifax Hackers Demand $2.66 Million Ransom For Stolen Information, With Sept. 15 Deadline

The Equifax hackers have demanded a ransom of over 600 Bitcoin, or about $2.66 million, by Sept. 15. The victims of the Equifax data breach should safeguard their information, whether or not Equifax pays the ransom.

Security September 10, 2017

Hackers Leak Private Photos Of Celebrities From Plastic Surgery Clinic

A group of hackers attacked a Lithuanian plastic surgery clinic and released private client information, along with personal photos including nude pictures. The hacking group, identified as the ‘Tsar Team,’ demands Bitcoin ransom in exchange for the sensitive stolen data.

Healthy Living/Wellness May 31, 2017

Bitcoin Is Now More Expensive Than Gold, Cryptocurrency Reaches All-Time High

A unit of digital cryptocurrency, bitcoin has reached a new historic high. The price of one bitcoin has surpassed the value of an ounce of gold for the first time.

Business Tech March 3, 2017

Hackers Demand Bitcoin Ransom From Hotel After Locking Hundreds Of Guests

Hackers attacked a hotel in Austria and guests were locked in their rooms, and the electronic systems disabled and manipulated. The systems were released only after the hackers' demand for 1,500 euros (about $1,600) bitcoin ransom was paid.

Life & Style January 30, 2017

Bitcoin Wallet Provider Xapo Gets Conditional Approval In Switzerland

Xapo has now been granted conditional approval from Switzerland for its operations. The move is seen as a regulatory breakthrough for virtual currency wallet providers.

Business Tech January 30, 2017

Bitcoin Will Soon Become A Regulated Currency, Says Bitcoin Exchange Boss

BTCC cofounder and CEO Bobby Lee has stated that bitcoin will be regulated in the future. People's Bank of China (PBoC) recently launched an investigation of the bitcoin exchange platforms because of immense price hike in the market.

Business Tech January 25, 2017

Los Angeles Valley College Pays $28,000 Ransom To Cyberattackers In Bitcoin

The Los Angeles Valley College came under a cyber-attack and ended up paying a ransom of $28,000 to the hackers. The college received the decryption key to restore access but only after the payment was made through Bitcoin.

Security January 15, 2017

Hacker Linked To MySpace, Tumblr, LinkedIn Breaches Now Selling 32 Million Twitter Accounts For 10 Bitcoins

The hacker linked to data breaches on MySpace, Tumblr and LinkedIn is now selling millions of Twitter accounts for 10 bitcoins. According to LeakedSource, the evidence points to the victim of the hacking not being Twitter itself, but rather its users.

Internet June 9, 2016

Australia To Auction Confiscated Bitcoins Worth $11 Million

Australia is set to auction confiscated bitcoins worth $11 million. The organizers are hoping to attract sophisticated investors who see value in this growing digital asset.

Business Tech May 31, 2016

Australian Businessman Craig Wright Calls Off Promise To Transfer Bitcoin

Members of the bitcoin community accused Wright of hoaxing.

Business Tech May 5, 2016

Craig Wright Is Satoshi Nakamoto: Australian Entrepreneur Publicly Identifies Himself As Bitcoin Creator

Bitcoin may be foreign territory to many but it’s actually already accepted in numerous establishments. Now, the cryptocurrency’s founder has a face in Craig Wright.

Business Tech May 2, 2016

Valve Turns On Steam Bitcoin Payments: Here's How This Should Help Users In Emerging Markets

Valve confirmed that its gaming and digital media platform Steam will now accept payments in bitcoin from users. The company added that the new payment feature is made possible through the processing service company BitPay.

Video Games April 28, 2016

Soon, You'll Be Able To Buy Games On Steam Using Bitcoin

The option to buy games using the popular cryptocurrency is coming to Steam.

Video Games April 22, 2016

Victims Of Petya Ransomware, Rejoice! Security Researchers Create Free Password Generator

Security researchers devised a tool that allows Petya ransomware victims to use a free password for decrypting their PC’s master boot file. Once decrypted, users would be able to use their PCs once again.

Internet April 13, 2016

Another Hospital Hit By Ransomware: Medical Data Held Hostage For Bitcoin In Kentucky

A Kentucky-based hospital became the latest victim of a ransomware attack after a number of files on its computer systems were infected by encryption. The perpetrators are reportedly asking for a total of four bitcoins, around $1,600, as the ransom amount.

Computers March 25, 2016

Microsoft Store Still Accepts Bitcoin As Payment Option

A message on a Microsoft support website stated that the company is no longer accepting Bitcoins as payment for digital content. Microsoft has now apologized and said that the message is a false one.

Internet March 15, 2016

Hackers Hold Hollywood Hospital’s Computer System Hostage, Demand $3.6 Million As Patients Transferred

Hackers set their sights on the Hollywood Presbyterian Medical Center, demanding 9,000 Bitcoin, which roughly amounts to $3.6 million. The Southern California hospital is one of the most recent victims of ransomware.

Internet February 16, 2016

Bitcoin Developer Mike Hearn Calls Digital Currency A Failure: Is Bitcoin Really Dead?

Major Bitcoin developer Mike Hearn has published a highly controversial post on Medium saying that the currency is finally dead. Just how dead is it?

Money January 15, 2016

Mike Tyson And Bitcoin Direct Launch Bitcoin Mobile Wallet

Mike Tyson and Bitcoin Direct have announced a new digital wallet for Bitcoin, which will work through the Gildera exchange, be available for both iOS and Android and will hopefully help convert people to using Bitcoin.

Apps/Software January 4, 2016

Australian Police Raid Home Of Reported Bitcoin Creator

Australian Federal Police raided the home and office of a tech businessman for a tax investigation hours after publications suggested he could be the bitcoin founder known by the pseudonym of Satoshi Nakamoto.

Legal December 9, 2015

Australian Police Raid Home Of Purported Bitcoin Creator

The Australian Federal Police raided the Sydney home of Craig Steven Wright, the person who is believed to be the creator of bitcoin. Based on Wired and Gizmodo's findings, Satoshi Nakamoto's real identity is Wright.

Business December 9, 2015

Former US Secret Service Agent Jailed For Bitcoin Theft

Former Secret Service agent Shaun Bridges has been sentenced to almost six years for stealing over $820,000 in the digital currency bitcoin during an investigation.

Legal December 8, 2015

EU Plans Bitcoin Regulations To Counteract Terrorist Funding

After the Nov. 13 terrorist attacks which left 129 dead in Paris, the EU has made a call for proposals that will curb terrorist funding through nontraditional monetary systems - including bitcoin.

Society November 20, 2015

Microsoft Partners With ConsenSys To Launch Bitcoin-Style Platform

Microsoft partners with start-up firm ConsenSys in a move to launch a cloud-based blockchain platform. Dubbed Ethereum, the new platform will work like a huge, decentralized ledger that represents every transaction where bitcoin is used.

Business November 11, 2015

This Chip Is Implanted Under The Skin And Used To Pay For Things Using Bitcoin

Patric Lanhed, in partnership with Juanjo Tara, an Arduino developer, has come up with a computer chip that is implanted under the skin and has NFC capabilities, enabling users to pay for goods.

Gadgets November 2, 2015

Secretive Company 21.co Releases First Bitcoin Miner With Native Hardware

The bitcoin-oriented 21.co has come out with its first product: a bitcoin-mining machine with original, native hardware and software.

Computers September 22, 2015

Bitcoin Gains Official Commodity Status: What Are The Implications?

The U.S. Commodity Futures and Trading Commission grants commodity status to bitcoin. Digital currency operators will now have to be registered under the Commodity Exchange Act.

Business September 18, 2015

World's Largest Banks Join Forces In Bitcoin Blockchain Initiative

Nine of the world's largest banks have joined forces to create a framework for bitcoin blockchain technology, which could both save money and increase efficiency in financial activity.

Deals September 16, 2015

Former Mt. Gox CEO Officially Faces Embezzlement Charges In Japan

Prosecutors in Japan have officially filed charges against the former head of the Mt. Gox bitcoin exchange. The Japan-based company shut down in February last year.

Legal September 15, 2015

Blackmailers Force Ashley Madison Users To Pay Bitcoin In Exchange For Silence

Bitcoin bandits are moving fast to extort virtual money out of the millions of Ashley Madison users exposed after the hack. One security firm estimates that nearly $16,000 in extortion money has already been paid.

Internet September 8, 2015

Silk Road Probe: Former Secret Service Agent Pleads Guilty To Money Laundering After Stealing $820K

Former Secret Service special agent Shaun Bridges has pleaded guilty to money laundering and obstruction of justice in the Silk Road investigation, during which he pocketed $820,000 worth of Bitcoin.

Legal September 2, 2015

Beware Of Phony Email Offering Windows 10: Your PC Might Get Hijacked For Ransom Instead

As Microsoft rolls out the much-awaited Windows 10 OS, hackers are taking advantage of the public frenzy by sending out ransomware emails to unsuspecting users who are eager to get the free upgrade.

Apps/Software August 3, 2015

Mt. Gox Former CEO Mark Karpeles Arrested In Japan

Once upon a time, Mt. Gox was the largest bitcoin exchange in the world, but authorities believe Mark Karpelès, its former CEO, and his alleged criminal activities led to the downfall of Mt. Gox.

Business August 1, 2015

Plex Hacker Demands Bitcoin Or Server Data Will Be Released: You Should Change Your Password Now

A hacker has obtained personal information of Plex users, and is threatening to release the information to torrent networks if a ransom in bitcoins is not paid.

Internet July 3, 2015

Ex-Federal Agent Pleads Guilty To Stealing $200,000 Worth Of Bitcoin During Silk Road Probe

A former federal agent, who was with the Drug Enforcement Agency, has admitted to the theft of the virtual currency and clandestinely soliciting compensation from Ross Ulbricht, the operator of Silk Road, for sharing details of the investigation.

Society July 2, 2015

Tesla, Xiaomi, Illumina Top MIT's List Of 50 Smartest Companies 2015

Where's Google, Apple and Microsoft? They’re on the list all right, but they're not smarter than Tesla, Xiaomi or Illumina.

Business June 26, 2015

Coinbase Instant Exchange Allows You To Buy And Sell Bitcoins Without Worrying About Rate Fluctuation

The Instant Exchange feature of Coinbase instantly converts bitcoins to local currencies, which is the latest attempt to address the volatility issues of the digital currency.

Money June 19, 2015

'Dope' Will Be The First Movie To Let You Use Bitcoin To Buy Tickets

When the new indie comedy 'Dope' opens in theaters June 19, it'll set a milestone. You can now buy tickets to see the movie with Bitcoin, the first time a movie studio has allowed such a thing.

Money June 15, 2015

New York Outs Final BitLicense For Bitcoin And Other Digital Currency Companies

New York State officially announces final rules for BitLicense. Regulators say the main focus of the new rules is to avoid money laundering and other illicit activities that were previously involved with Bitcoin.

Business June 6, 2015

New York Grants ItBit Charter As Bitcoin Exchange

New York's Department of Financial Services has issued the state's first charter for a bitcoin exchange to startup company ItBit.

Money May 8, 2015

Goldman Sachs Backs Bitcoin With $50M Investment In Wallet Startup Circle

Bitcoin startup Circle has received $50 million in funding from Goldman Sachs and Chinese firm IDG Capital Partners. Circle is an online wallet that allows you to to hold, send, and receive U.S. dollars as well as bitcoin.

Deals April 30, 2015

Drug-Purchasing Robot 'Random Darknet Shopper' Has Been Vindicated

'Random Darknet Shopper' has been returned to its art collective creator, !Mediengruppe Bitnik. The shopping bot had been confiscated by Swiss authorities for its illegal purchases in dark web marketplaces.

Geek April 22, 2015

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