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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 […]
The post Bitcoin Ransomware Attack Halts Major American City’s Government and Police appeared first on Bitcoin News.
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Department of Citrus employee arrested in Florida for unlawful crypto mining on the department’s computers. #NEWS
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This week a government employee working for Florida’s Department of Citrus (FDoC) was arrested for purported cryptocurrency mining using the department’s computers. According to the Florida Department of Law Enforcement (FDLE) agents, the IT manager mined BTC, LTC, and other digital currencies. Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% Mining Cryptocurrency […]
The post Florida State Citrus Employee Arrested for Mining Cryptocurrencies appeared first on Bitcoin News.
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Forget the debate about whether bitcoin is a store of value or a currency. What everyone can agree upon is that it is a store of drama. And where there is drama in bitcoin over the last couple of years, Australian computer guru Craig Wright is often in the thick of it. Filed on Valentine’s […]
The post Craig “Satoshi” Wright Sued for Billions appeared first on Bitcoin News.
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Two Jacksonville students are facing up to two decades behind bars after pleading guilty to stealing $4 million worth of bitcoin. The pair hacked darknet site Sheep Marketplace in 2013 and made off with 5,400 BTC. Under forfeiture laws, Nassau County Sheriff’s Office will share in a $1.7 million windfall. Also read: US Marshals Plan to […]
The post US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC appeared first on Bitcoin News.
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Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and […]
The post Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion appeared first on Bitcoin News.
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With BTC transactions taking forever to complete and fees higher than ever, the adoption of bitcoin cash by small businesses and big miners is going strong. The latest examples of this include paying for everything from plastic surgery to music records. Also Read: After Ripple’s Rise BTC Dominance Falls Below 40% Genesis Mining Cloud-based […]
The post Bitcoin Cash Used to Pay for Music Records, Gift Cards, Plastic Surgery appeared first on Bitcoin News.
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