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Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison
Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison
News  •  Bitcoin  •  Sep 02, 2020 by Andrew Yang

Colorado resident Bryan Conner Herrell has been sentenced to 11 years in prison for moderating disputes on the now defunct darknet marketplace AlphaBay.  AlphaBay formally launched on December 22nd, 2014, a month after the Silk Road was shut down by the FBI and Europol. It allowed the sale of similar

Developer Discovers “Ransom Attack” Exploit Within KeepKey and Trezor Wallets
Developer Discovers “Ransom Attack” Exploit Within KeepKey and Trezor Wallets
News  •  Bitcoin  •  Sep 02, 2020 by Will Heasman

This article was updated with additional information on September 4th after the BTC Times received a response from SatoshiLabs. According to a developer of hardware wallet ShiftCrypto, an attack vector affecting KeepKey and Trezor devices could allow hackers to hold crypto funds ransom.  The developer goes by Marko and writes

Kazakhstan to Make a $700 Million Bet on Bitcoin Mining
Kazakhstan to Make a $700 Million Bet on Bitcoin Mining

Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment. Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country&

News  •  Bitcoin  •  Sep 03, 2020
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Kazakhstan to Make a $700 Million Bet on Bitcoin Mining
Kazakhstan to Make a $700 Million Bet on Bitcoin Mining

Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment. Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country&

News  •  Bitcoin  •  Sep 03, 2020
Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison
Moderator of Silk Road Spinoff AlphaBay Sentenced to 11 Years in Prison

Colorado resident Bryan Conner Herrell has been sentenced to 11 years in prison for moderating disputes on the now defunct darknet marketplace AlphaBay.  AlphaBay formally launched on December 22nd, 2014, a month after the Silk Road was shut down by the FBI and Europol. It allowed the sale of similar

News  •  Bitcoin  •  Sep 02, 2020
Developer Discovers “Ransom Attack” Exploit Within KeepKey and Trezor Wallets
Developer Discovers “Ransom Attack” Exploit Within KeepKey and Trezor Wallets

This article was updated with additional information on September 4th after the BTC Times received a response from SatoshiLabs. According to a developer of hardware wallet ShiftCrypto, an attack vector affecting KeepKey and Trezor devices could allow hackers to hold crypto funds ransom.  The developer goes by Marko and writes

News  •  Bitcoin  •  Sep 02, 2020
Tesla Employee Turns Down Hacker’s $1 Million Bitcoin Bribe
Tesla Employee Turns Down Hacker’s $1 Million Bitcoin Bribe

A "serious" ransomware attack on Tesla's Gigafactory was derailed after one plucky employee resisted a million-dollar bitcoin bribe from a Russian hacker. According to a complaint published by the Department of Justice last week, a Russian national was arrested for allegedly attempting to introduce malware to

News  •  Bitcoin  •  Sep 01, 2020
First Centrally Cleared Short Bitcoin ETP Launched on Deutsche Boerse Xetra
First Centrally Cleared Short Bitcoin ETP Launched on Deutsche Boerse Xetra

A new Bitcoin-focused Exchange Traded Product (ETP) will now allow accredited investors to speculate on negative Bitcoin price movements, according to a press release on Monday. Switzerland’s 21Shares, the issuer of over eleven cryptocurrency ETPs, announced its new Short Bitcoin ETP (SBTC) (Ticker: 21XS) will be available to trade

News  •  Bitcoin  •  Aug 31, 2020
First Swiss Health Insurance Provider Adds Bitcoin Payments
First Swiss Health Insurance Provider Adds Bitcoin Payments

Swiss health insurance company Atupri Health Insurance announced on Monday that its customers will now be able to make payments using bitcoin or ether. According to the firm, users can set up the new payment method on their dashboard and start making cryptocurrency payments at no additional cost other than

News  •  Bitcoin  •  Aug 30, 2020
DoJ Traces, Attempts to Seize North Korean Hacker Funds
DoJ Traces, Attempts to Seize North Korean Hacker Funds

According to a civil forfeiture complaint filed by the U.S. Department of Justice (DoJ), North Korean hackers allegedly stole around $28.7 million worth of cryptocurrencies in two separate hacking attacks, first on July 1st of 2019, and second on September 25th of 2019.  The DoJ was able to

News  •  Bitcoin  •  Aug 28, 2020
Magical Crypto Friends to Host World’s First Virtual Reality Bitcoin Conference
Magical Crypto Friends to Host World’s First Virtual Reality Bitcoin Conference

The Magical Crypto Friends, a collaboration between Litecoin creator Charlie Lee, Blockstream CSO Samson Mow, angel investor WhalePanda, and Tari Labs co-founder Riccardo Spagni, have revealed the dates for the first ever Magical Crypto Conference VR (MCCVR 2020), the first Bitcoin conference hosted completely in a virtual reality setting. MCCVR

Press Release  •  Bitcoin  •  Aug 27, 2020
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