Feb 24, 2020 at 10:40
News
Is Bitcoin and Cryptocurrency Still Used in Terror Financing?
Since the birth of Bitcoin, cryptocurrencies have been criticized for supporting illegal activities including terror operations, drug trading, human trafficking, money laundering, sex, frauds, monetizing ransomware, purchasing illicit products, and many others. People know how that accusation can damage the reputation and legal status of cryptocurrencies.
Jun 27, 2019 at 10:06
News
US City Riviera Beach Paid $600,000 in Bitcoin to Cyber Criminals
The United States (US) City Riviera Beach, Florida, paid a ransom of around $600,000 in Bitcoin (BTC) to cyber criminals. The anonymous hackers took control of the city’s systems a few weeks back as part of a perturbing tendency striking a multitude number of administrative systems in the US. The attackers demanded the ransom to be paid in Bitcoin, the world’s oldest cryptocurrency.