A forty-five-year-old man who laced Tesco baby food with metal shards has been sentenced to 14 years in prison after being found guilty of contaminating goods and blackmailing the British supermarket chain. Nigel Wright, 45, a farmer from Market Rasen
The New York Times reports that federal authorities have brought criminal charges against the owners of one of the world’s biggest cryptocurrency trading exchanges, BitMEX, alleging that the Hong Kong-based company was used to launder money and engage in illegal transactions. BitMEX handles a volume of $1.5 billion in crypto trades each day, making it one of the top five cryptocurrency exchanges.
GENEVA (AP) – A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year.
Assistant Attorney General John Demers told CBS News on Thursday that the Islamic State has a “sophisticated online operation” for selling fake personal protective equipment, primarily phony N-95 masks, and using the money for terrorist endeavors.
A 17-year-old teenager from Tampa, Florida, has been arrested after being accused of orchestrating the recent Twitter hack that saw the accounts of multiple high-profile users hijacked to spread a Bitcoin scam. The teen faces 30 felony charges related to the hack.
Legendary engineer and Apple co-founder Steve Wozniak is suing Google-owned YouTube over a series of cryptocurrency scams that reportedly used Wozniak’s name and likeness to lure in victims.
The social media website Twitter is “embarrassed” by the recent hack that saw 130 high-profile accounts hijacked and used to promote a Bitcoin scam, and multiple accounts having their entire account history downloaded.
Multiple verified Twitter accounts fell victim to a widespread hack that aimed to scam Twitter users into sending Bitcoin to anonymous accounts, now reports claim that hackers gained access to the accounts with the help of Twitter employees, possibly in exchange for money. The company blamed a “coordinated social engineering attack,” which implies that Twitter employees were tricked into unwittingly helping the hackers.
The third Bitcoin “halving” took place Monday afternoon, putting the inflation rate of this populist Internet money below the targeted annual inflation of the U.S. dollar.
An Ohio man has been arrested by federal authorities for running a “Bitcoin mixer” service on the dark web that helped to launder as much as $300 million in Bitcoin. The bitcoin allegedly laundered by the service are now worth $3.5 billion at the current valuation.
Burger King outlets in the crisis-struck nation of Venezuela will begin accepting various cryptocurrencies through a partnership with Cryptobuyer, the company announced on Thursday.
Google-owned video giant YouTube recently removed hundreds of cryptocurrency-related videos, apologizing shortly afterward and promised to reinstate banned videos and channels. So far, many are still offline.
Investors are calling for the body of cryptocurrency trader Gerald Cotten to be exhumed after they learned that at the time of his death, he had sole access to $137 million in bitcoin and other cryptocurrencies held by investors on the Quadriga CX trading platform.
The U.S. Treasury Department on Wednesday announced a crackdown on the “Chinese drug kingpins fueling America’s deadly opioid crisis.” The individuals and organizations designated for Treasury action deal in powerful synthetic opioids like fentanyl and carfentanil, which are often mixed into other street drugs without the knowledge of customers, resulting in countless deaths by overdose.
President Donald Trump faced a backlash from his online supporters last week after he condemned the Bitcoin cryptocurrency as “highly volatile” and a facilitator of illegal activity. Trump called for Facebook’s new “Libra” cryptocurrency to be regulated like a bank.
The city of Riviera Beach, Florida, agreed this week to pay $600,000 ransom in Bitcoin to a gang of hackers that encrypted its data, having concluded efforts to fight the data theft would be even more expensive and possibly futile.
The armed wing of Hamas is using increasingly complex methods of raising funds via bitcoin, researchers say, highlighting the difficulties regulators face in tracking cryptocurrency financing of outfits designated by some as terrorist groups.
Wired Magazine recently published an investigation into the world of deep web hitmen and the people that hire them.
The excellent Dominic Frisby has written a Brexit song which I think you all might enjoy. It has a particularly fine chorus, sung to the tune of the old Devon folk song Widdecombe Fair which brilliantly mocks Project Fear and all its myriad dodgy Establishment promulgators…
A recent article in the New York Times discusses Facebook and Telegram’s plans to introduce their own cryptocurrencies in the coming future.
Twitter CEO Jack Dorsey offered some strong praise of Bitcoin in a series of tweets on Tuesday. Dorsey pointed out Bitcoin’s “strong brand” and resiliency.
Facebook is reportedly developing a new cryptocurrency to be used for transferring money via the popular messaging app WhatsApp.
Contents: Bitcoin super-bubble implodes and crashes below $4,000; China’s ‘Belt and Road Initiative (BRI) Bubble’ may be in trouble
A Pakistani born American citizen pled guilty on Monday to charges of defrauding numerous financial institutions in a bitcoin scheme designed to fund the Islamic State (ISIS.)
Internet hackers have begun infiltrating verified Twitter accounts and using them to pose as Tesla CEO Elon Musk to spread cryptocurrency scams across the platform.
At the beginning of a global recession, an obscure project called Bitcoin was born.
Twitter is failing to crack down on impersonators on the platform, some of which are scamming other users by pretending to be billionaire SpaceX and Tesla CEO Elon Musk, according to Bloomberg.
The company and its defenders have made “XRP is not Ripple” a continuous mantra over the past few months, changed the digital token’s logo, and even amended testimony to the U.K. parliament in a transparent attempt to fend off regulatory scrutiny.
The SEC rejected nine applications for Bitcoin exchange-traded funds (ETFs) this week, but the price of Bitcoins has remained steady despite the setback.
The Secretary of Iran’s Supreme Council of Cyberspace, Abolhassan Firouzabadi, announced on Sunday that the Islamic Republic would be bringing digital, or crypto, currency to the country in the near future regulated by the government.
The Department of Justice ran an undercover Bitcoin-laundering sting to catch drug dealers, according to a report from the Verge.
Facebook announced this week that it is reversing its cryptocurrency advertisement ban.
Ukraine announced its decision this week to neither regulate cryptocurrency mining nor tax profits from this endeavor, cementing its status as one of the most crypto-friendly countries in the world.
“If the line gets much longer, this could go Lord of the Flies,” one attendee says at the big blockchain technology conference in New York City.
Executives at the embattled social media giant Facebook may be cooking up their own cryptocurrency, according to a post from a company Vice President.
Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly developing an online cryptocurrency exchange.
Microsoft founder Bill Gates and Berkshire Hathaway CEO Warren Buffett attacked Bitcoin last weekend, with Hathaway calling it “rat poison squared” and Gates claiming he would short Bitcoin if he could.
A religious advisor has announced that Bitcoin is compliant with Shariah law, according to a report.
A startup in Dubai called OneGram has created a Bitcoin-style cryptocurrency that ostensibly complies with sharia law, making it an acceptable alternative for devout Muslims.
The New York-based Soros Fund Management is preparing to trade cryptocurrencies, according to a report from Bloomberg.
