Garmin Could Face Sanctions if $10M Ransom is Paid
The leader of the cybercriminal group Evil Corp reportedly led the attack against Garmin. Go to Source Powered by WPeMatico
Russia
Auto Added by WPeMatico
Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold. Go to Source Powered by WPeMatico
New Russian Law Bans Bitcoin Payments for Goods and Services
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing from senior lawmkers like Anatoly … Read more
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method. Go to Source Powered by WPeMatico
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Go to Source Powered by WPeMatico
Updated Russian Crypto Bill Defangs Punishments for Using Crypto
Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. Go to Source Powered by WPeMatico
142 Million Guests: Hackers Attempt to Sell MGM Grand Data Dump for Cryptocurrency
Last year the giant resort firm MGM Grand was hacked and the cybercriminals ostensibly obtained a massive dump of names, addresses, phone numbers, and dates of birth. Now according to vendors on the deep web, hackers have been trying to sell the data dump for monero or bitcoin. The hackers claim the dump has over … Read more
Missing Wirecard Exec Found in Belarus; Russia’s FSB Involvement Suspected
Russian intelligence might have a lot to do with helping former Wirecard COO Jan Marsalek disappear into thin air. Go to Source Powered by WPeMatico
Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share of the world hash rate at 65% and … Read more
Russian Cybercrime Surged 25x in 5 Years, Says Local AG
Russian cybercrime is up 92% since last year. Go to Source Powered by WPeMatico