#Bitcoin

Bitcoin ATMs Operator Faces 30 Years in Prison for Money Laundering

Kais Mohammad, 36, a California resident also known under the moniker Superman29, has confessed to conducting unlicensed cryptocurrency exchange services and laundering up to $25 million. From 2014 to 2019, Mohammad operated an illegal virtual currency business called Herocoin.

Chess Ex-Champion Garry Kasparov: Bitcoin is Natural Choice in Fight Against Human Rights Violations

Former chess champion and human rights advocate Garry Kasparov has called Bitcoin and blockchain technology “very natural choices” in the struggle against human rights violations, Forbes reported on July 23.

CipherTrace: Twitter Hackers Laundered Stolen Bitcoins Through Exchanges and Casinos

Analysts at blockchain and crypto analytics firm CipherTrace have tracked down Bitcoins (BTC) stolen in the course of the Twitter hack. The findings showed that the threat actors transferred the funds to various exchanges, mixers, and online casinos.

Opinion: Trump’s Election Campaign to Trigger Bitcoin Pump

United States President Donald Trump’s re-election campaign will become the driver behind a positive Bitcoin’s price trend. This opinion was recently offered by Charles Edwards, an analyst at digital asset management firm Capriole Investments.

Korea Imposes 20% Tax on Capital Gains From Crypto Transactions

South Korea’s Ministry of Economy and Finance has established a 20% income tax on cryptocurrency transactions. The new regulations have been included in the revised tax code.

Hack of the Decade: Shameless Bitcoin Scam or Something Much More Sinister? Former GlobalHell Hacker: The Attack on Twitter Is Way Bigger than Anticipated

On Friday Twitter’s team published a follow up on their investigation into the recent “Bitcoin scam” hack. The attack happened on Wednesday when a team of anonymous hackers gained access to many high profile accounts, including those of Binance CEO Changpeng Zhao, Bill Gates, Jeff Bezos, Elon Musk, Joe Biden, Barack Obama, Uber, Apple, and […]

Antifa Threatened With Extremist Status: No Longer Thinks Bitcoin Is an Alt-Right Currency Antifa and BLM Will Make Bitcoin Edgy Again Antifa Threatened With Extremist Status: No Longer Thinks Bitcoin Is an Alt-Right Currency Antifa and BLM Will Make Bitcoin Edgy Again

Why neo-nazis love Bitcoin? Two years ago, this question was raised and promptly answered by The Guardian. In the atmosphere where right-wing or religious extremist groups were largely de-platformed, defunded, and shunned by both businesses and the public, it all boiled down to a single realization.

North Korean Hacker Group Lazarus Laundered Over 2,500 Stolen Bitcoins In May, Report North Korean Hacker Group Lazarus Laundered Over 2,500 Stolen Bitcoins In May, Report

In May, North Korean hacker group Lazarus transferred 2,549 Bitcoins (BTC), or approximately $23.2 million, to two mixing services, ChipMixer and Wasabi, in a bid to cover their tracks. The team behind OXT Research, a company that conducts in-depth research and analysis of the Bitcoin network, de-anonymized the group through both mixers and set forth […]

“BigSpender” Exploit in Some Bitcoin Wallets Allows Attackers to Fake Transactions “BigSpender” Exploit in Some Bitcoin Wallets Allows Attackers to Fake Transactions

The team behind the ZenGo crypto-currency wallet found a design flaw in several competing Bitcoin wallets allowing attackers to trick the software by sending and undoing transactions via the Replace-By-Fee feature.

Will Bitcoin Always Be #1? Will Bitcoin Always Be #1?

The king of cryptocurrencies, Bitcoin has the largest market capitalization, the highest price, and the most famous name of the 2000+ coins that have followed in its wake.

U.S. University Pays Over $1M Ransom in Bitcoin to Hackers to Regain Access to Encrypted Data U.S. University Pays Over $1M Ransom in Bitcoin to Hackers to Regain Access to Encrypted Data

On June 1, University of California San Francisco (UCSF) detected and subsequently stopped a cyber-attack, wherein threat actors obtained access to a part of the School of Medicine’s IT infrastructure. As part of the attack, the hackers encrypted a number of servers, making them temporarily inaccessible.

Blockstack’s Muneeb Ali: Bitcoin as the Most Secure Blockchain Will Be the Best Foundational Layer for Web 3.0 Blockstack’s Muneeb Ali: Bitcoin as the Most Secure Blockchain Will Be the Best Foundational Layer for Web 3.0

The upcoming launch of Stacks 2.0, the major protocol release that will allow blockchain developers and miners to participate in the deployment of an innovative new consensus mechanism, dubbed Proof of Transfer (PoX), is arguably the biggest milestone so far for the New York-based Blockstack.

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