A cybersecurity CEO says the problem of ransomware is now so bad
that banks are buying cryptocurrency so that they're ready to pay
off criminals if their files are held to ransom.
"In th... Read More
Countering the increasing use of ransomware — malware that attacks computers and networks and encrypts files, which criminals then demand payment in order to decrypt — may require action agains... Read More
The company monitored cybersecurity threats for just over a year to see which parts of Europe had the most attacks. It found that... Read More
Other bitcoin wallets in the emails suggest the hacker had
collected at least $140,000. The hacker had tried to extort
several manufacturing and construction firms in the United
... Read More
Once a victim has their files encrypted, a text file tells them who to contact. It's the boss, who says he'll give the decryption key if the victim sends Bitcoin payment. Some pay, others d... Read More
Pantera Capital to Raise $100 Million in Investment for ICO Hedge Fund
The $600m market for initial coin offerings may soon be set to expand.
Announced today, investment firm Pantera Capital is launching a new hedge fund focused on investments solely in tokens that po
World Economic Forum Blockchain White Paper Gets Warm Reception
The World Economic Forum (WEF) today published a dedicated Blockchain report detailing how the technology will flow into the global economy. Described as a white paper, Realizing the Potential of
Burger King in Russia Will Enable Bitcoin Payments Later This Year
Getting more retailers to accept Bitcoin payments is never a bad idea. Convincing them to do so is a different matter, though. This is especially true in Russia, although things are slowly evolving
CFTC Chief Asks Congress for More Money to Oversee Blockchain
The US Commodity Futures Trading Commission has cited the advance of technologies like blockchain in a request to obtain additional funding for its oversight activities.
Testimony from acting CFTC