NSA’s Terrifying Bitcoin Ransomware Leaves Baltimore Begging for Help

By CCN: As Baltimore’s crippling bitcoin ransomware siege enters its fourth week, an official in the U.S. city demanded that Maryland Governor Larry Hogan declare the incident an emergency, the United Press International reports. Per Baltimore’s City Council President, Brandon Scott, a letter has already been sent urging Hogan to seek federal assistance: “I sent…

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Breaking: ISIS Used Bitcoin to Fund Horrific Sri Lanka Easter Bombings, Research Claims

By CCN.com: Bitcoin played a role in staging the Easter Sunday suicide bombing in Sri Lanka that killed 253 civilians, according to Israeli blockchain intelligence firm Whitestream. The agency revealed that the ISIS used Canada-based payment gateway CoinPayments to convert bitcoins to fiat money. The firm identified large scale transactions between the wallets that ISIS…

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US Crypto Scammers’ Run Reveals Tether Links in Massive Multi-Million Shadow Banking Fraud

By CCN.com: The U.S. Justice Department has nabbed one of two crypto fraudsters accused of a shadow banks scheme that entailed the processing of hundreds of millions of dollars of unregulated transactions on behalf of several cryptocurrency exchanges. On the surface, these seem like the run-of-the-mill bad actor arrests. However, chatter is picking up that…

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Bitcoin is Criminals’ ‘Favorite’, Claims Blockchain Forensic; Used in 95% of Crypto Crimes

Bitcoin is the reigning champion of cryptocurrency criminals. That’s the conclusion of blockchain analysis firm Chainalysis, which discovered that bitcoin is used in 95% of crypto crimes. This finding isn’t surprising since bitcoin is by far the most popular and widely used of the 2,000 digital currencies around today. Levin: ‘bitcoin is by far the…

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Exit Scam? Mismanagement? Coinbase Digs Into Failed Crypto Exchange QuadrigaCX’s ‘$150 Million Loss’

Brian Armstrong, the CEO of Coinbase, one of the world’s largest crypto exchanges, said that the company conducted internal research on the QuadrigaCX case. QuadrigaCX has been claiming that Gerald Cotten, its CEO, passed away with sole control over its cold wallets containing $150 million in various cryptocurrencies including Bitcoin and Ethereum. However, independent researchers…

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New Zealand Exchange Cryptopia Lost $16 Million in Hack, Not Initially Reported $2.5 Million: Research

An analytics firm has determined that Cryptopia suffered over $16 million in losses from the recent hack, far more than the originally reported estimates. Image: Shutterstock Contrary to prior reports putting the value of cryptocurrency stolen in the Cryptopia exchange hack at around $2.5 million, it has emerged that the true value of assets stolen…

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Pay Bitcoin or Else: Thugs Threaten Amsterdam Businesses with Explosives

Twitter Facebook LinkedIn Business owners in Amsterdam are living in fear of criminals who are threatening to cause acts of terror unless they are paid an extortion fee in bitcoin. According to a Netherlands publication NLTimes, emails have been sent to multiple businesses in Amsterdam demanding bitcoins worth 50,000 euros. Failure to pay, the emails…

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