Bitcoin is a digital currency that is extensively used as a medium of exchange from person-to-person. After its invention, people were not so impressed, and therefore no one invested in bitcoins. People used to buy commodities with bitcoins, and a person even bought pizzas with...

Since the emergence of bitcoin, it has become the most popular digital currency. It is a decentralized currency that was invented by a mysterious entity referred to as Satoshi Nakamoto. The motive of launching a decentralized currency was to make the transfer of money possible...

The US Commodities Futures Trading Commission (CFTC) has fined an escrow firm owner $7.4 million for stealing funds from two companies by lying about Bitcoin transactions. The enforcement action is the latest development in the case against Jon Barry Thompson, which has been...

Now, the Federal Reserve Board of Governors have partnered with some Federal Reserve Banks to develop basic policies and assess possible issues of risks. The Board has established a technology lab to test various platforms and solutions compatible with development and launch of a...

The Wyoming Division of Banking has turned to blockchain analytics firm Chainalysis in an effort to combat cybercrime, money laundering and other criminal activities. Wyoming to Work Closely with Chainalysis The news of the partnership was announced on Chainalysis’ blog on ...

Botnets, aka “robot network.” The mighty and pervasive malicious code scripts designed by code wizards and wielded by capable threat actors. In the conventional sense, a botnet is a kind of malicious backdoor that has been installed across a large number of infected Internet...

Chinese authorities have charged six people allegedly involved in the $6 billion PlusToken cryptocurrency scam. They were charged with organizing and leading criminal pyramid schemes. ...

Recently, Argentina’s official immigration agency known as Dirección Nacional de Migraciones was hit by a ransomware attack, which temporarily halted border crossing. The attackers now demand a Bitcoin ransom worth $4 million after raising the initial ransom amount. Meanwhile,...

Bitcoin has successfully recaptured its popularity among Japanese cryptocurrency holders in recent months. Japan Virtual and Crypto Assets Exchange Association (JVCEA) recently published a report which indicates that most Japanese crypto holders could be ditching altcoins en...

The Inner Mongolia region of China is a prime hotspot for bitcoin miners. The energy is cheap and plentiful, so if you’re looking to potentially be part of the extraction process for new coins, this is probably the place to do it in. China Takes Quick Action However, if yo...