So it wasn't the panic-sell we all feared after all. Yet. After crashing more than $200 about a day and a half ago, the bitcoin price has rebounded almost back to where it dived off. For the moment, we can't even call yesterday's slump a "correction". Also read: BTC Price Takes a $200+ Dive, What Happens Next? At press time, 1 BTC was trading just above $1,800 USD … [Read more...] about Bitcoin Price Rebounds… Did WannaCry Ransomware Actually Help?
Terrorists and other criminals are using an innovative, almost-anonymous store of value to move money and finance activities. Sound familiar? This time though, no-one's trying to grab a cheap headline by pinning the blame on bitcoin. The target here is everyday gift cards. Also read: Two of Bitcoin’s Biggest Names Team Up in Software Deal An Australian report found 12 … [Read more...] about Terrorists Move Funds Using Gift Cards, Not Bitcoin
GAW Miners CEO Homero Joshua Garza has reportedly pleaded guilty to wire fraud in a deal to wrap up a criminal case brought by the SEC. Sentencing will take place at a hearing on 1st June after further interviews with victims. Also read: Cocaine, Women and Crime Bosses: How Onecoin Became One of the Biggest Scams in Crypto History It now seems likely that Garza will spend … [Read more...] about GAW Miners and Paycoin Head Josh Garza Pleads Guilty to Fraud
Law enforcement in Belgium has seized over US $1 million worth of bitcoin from a drug dealer shipping illicit substances from his home in Torhout, and they can’t figure out what to do with the coins. Also read: Extension Blocks Avoid Obstacles to Bitcoin Scaling Jiang Zhuoer Not Paying Your Postage Can Have Some Bad Consequences in Belgium According to a Dutch-language … [Read more...] about Belgium Gov’t Can’t Figure out How to Use Bitcoins Seized From Internet Drug Dealer
The wider bitcoin-using and enthusiast communities sometimes laud criminal enterprises for keeping good operational security practices, and pushing the envelope on online privacy and security. Dutch police have reminded us today this assumption is dangerous and irresponsible, announcing they’ve defeated the PGP encryption on several Blackberry devices seized a year ago. This … [Read more...] about How Dutch Police Hacked Over 3 Million Encrypted Emails