Digital Mint Helps Companies Recover Quickly From BTC Ransomware
Digital Mint is a company that provides tools and funds to companies that have fallen victim to bitcoin and crypto-based ransomware attacks. Digital Mint Is There to Help with Crypto…
Barracuda Networks: BTC Ransomware Attacks Have Increased Tenfold
The bitcoin spikes that have occurred over the past year have led to serious jumps in ransomware attacks according to new data from Barracuda Networks, a company that provides cybersecurity…
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Joe Biden Directs US Intelligence To Investigate Ransomware Attack Against Florida IT Firm
Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were…
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FinCEN Names Misuse Of Cryptocurrencies A National Priority
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual…
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BIS: Cryptocurrencies Are Often Used In Financial Crimes, Money Laundering, Ransomware Attacks
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate…
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G7 Leaders Ask Russia To Urgently Identify Those Who Abuse Cryptocurrency In Ransomware Attacks
The G7 leaders have called on Russia to urgently “identify, disrupt, and hold to account” ransomware hackers and those abusing cryptocurrency to launder ransoms. “We reiterate our interest in stable…
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies…
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Bitcoin Keys Cannot Be Hacked: Skeptics Question The Official Colonial Pipeline Bitcoin Seizure Story
On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers.…
Biden To Aim At Deal With The Role Of Crypto In Ransomware Attacks At G7 Meeting
The U.S. President Joe Biden’s national security adviser revealed that Biden would focus on issues related to the role of cryptocurrencies in ransomware attacks on the forthcoming G7 summit next month. In a…
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Donald Trump Detests Bitcoin, Calls BTC A Scam, Wants Heavy Crypto Regulation
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the…