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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&
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
Texan authorities issued an emergency cease and desist order against two brokers and their executives after they allegedly promoted a fraudulent Bitcoin investment scheme in the U.S., as per a document published by the Texas State Security Board this week. The two entities - Forex Birds and Pek Universe
News • Bitcoin • Sep 04, 2020
Texan authorities issued an emergency cease and desist order against two brokers and their executives after they allegedly promoted a fraudulent Bitcoin investment scheme in the U.S., as per a document published by the Texas State Security Board this week. The two entities - Forex Birds and Pek Universe
News • Bitcoin • Sep 04, 2020
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
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
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
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
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
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
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