Spanish lawmakers get cryptocurrency in a bid to promote industry
All 350 members of Spain’s lower house got 1 euro equivalent in cryptocurrency, and it’s not a donation. Go to Source Powered by WPeMatico
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Alleged crypto Ponzi scheme targeting Spanish speakers freezes user funds
Researchers are warning that the supposed scheme could have swindled billions. Go to Source Powered by WPeMatico
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July 31 affected crypto investment accounts and exposed user … Read more
Spanish Railway Infrastructure Threatened by Ransomware
REvil is reportedly behind the attack against the Spanish railway manager ADIF and claimed to have stolen over 800 GB of data. Go to Source Powered by WPeMatico
Top Spanish Banks Finalize Trial of Payments Using Smart Contracts
Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts. Go to Source Powered by WPeMatico
International Authorities Work Together to Take Down Crypto-Funded Child Porn Ring
The Spanish authorities arrested several individuals related to ongoing investigations against crypto-driven child porn sites in the dark web. Go to Source Powered by WPeMatico
Europol Busts $17M Illegal Media Streaming Business Dealing in Cryptos
European police successfully busted a multi-million illegal online streaming business operating from Spain. Go to Source Powered by WPeMatico
US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments … Read more
Spanish Multinational Launches Free Tool to Decrypt Files Affected by VCryptor Ransomware
Telefonica announced a new tool created by its cybersecurity division to decrypt affected files by VCryptor. Go to Source Powered by WPeMatico
Bitcoin ATMs Face Tighter Regulations Over Money Laundering
The global regulatory landscape is tightening for crypto ATM operators. Go to Source Powered by WPeMatico
