Bitcoin in Brief Wednesday: Crypto Leakers, Hackers and Rappers

Today’s collection of Bitcoin in Brief stories from across the cryptosphere showcases how bitcoin is an unstoppable force. Even if one centralized avenue can be pressured by some governments, others will soon pop up to replace it in the decentralized global ecosystem.   Also Read: 20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon Wikileaks … Read more

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 … Read more

SpriteCoin Infects Cryptocurrency Users’ Computers with Ransomware

Cryptocurrency users have become a favorite target of cybercriminals over the past few years. With the value of all these currencies increasing exponentially, it is evident that criminal entities want their share of the cake. As a result, we have seen an influx of new malware-laden applications and tools, all of which are designed to obtain Bitcoin … Read more

Your Taxes Paid for a Lot of Blockchain Surveillance Last Year

Governments worldwide have been ramping up regulations for cryptocurrencies and hiring research and blockchain surveillance teams. One firm that tracks transactions on the Bitcoin Core blockchain is called Chainalysis, and this year the company has gathered over a half a million USD on record from various government and law enforcement entities. Also read: South Korean Exchange … Read more

Litigation Filed in India for Immediate Intervention of the Flow of Bitcoins

Litigation has been filed in an Indian High Court by a public prosecutor of cybercrime cases. Claiming that cryptocurrencies facilitate crime, he calls for their immediate ban or regulation. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Litigation Seeks Immediate Intervention A public interest litigation (PIL) was filed with the … Read more

US Blames Bitcoin Ransomware Attack Wannacry on North Korea

The US government has announced it now officially considers North Korea to be behind the Wannacry bitcoin ransomware cyber attack which caused billions of dollars in damages earlier this year. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Wannacry Writing in the Wall Street Journal, The US President’s Homeland Security Advisor Thomas P. … Read more