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Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments

A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia During an interview with The Guardian, Martin, who was the head … Read more

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from both regions have been facing … Read more

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