Racketeers Sending Fake Threat Emails Demanding Bitcoin Ransom

For every real criminal out there, there will always be a phony riding on the coattails of his success. This is especially true when it...

Washington Lawmakers to Ban the Use of Bitcoin for Marijuana Sales

Washington State legislation is determining whether or not to prohibit local marijuana retailers from using and accepting Bitcoin and other cryptocurrencies after an amendment bill was put forward by Democratic State Senator Conway and Republican State Senator Rivers in January.

Employee Fined and Sentenced for Mining Bitcoin on a Fed-Owned Server

Berthaume, a Federal Reserve communications analyst, was sentenced to 12 months’ probation and fined $5,000 for Bitcoin mining on Federal servers.

Over 100,000 Nigerian Merchants Are Now Accepting Bitcoin Payments

Despite its incredible price volatility, Bitcoin is still the world’s most popular cryptocurrency. China is where the largest volume of trade in Bitcoins happens, but Nigeria is catching up as consumers and businesses alike are adopting the cryptocurrency as a valuable tool to trade with.

A State Prosecutor’s Office Paid $1,400 in a Bitcoin Ransom

For the past five years or so, the Avalanche network has been involved in a comprehensive ransomware operation that has seen at least 500,000 computers from all over the world compromised.

Gavin Andresen Now Regrets Getting Involved in the “Who Was Satoshi” Game

Back in May, the internet was abuzz with new information that purportedly named Craig Wright, an Australian academic, as the creator of the Bitcoin protocol who had hidden under the moniker Satoshi Nakamoto.

NCB to Seize 500 Bitcoins from Drug Traffickers

Earlier this year, the Director of the Narcotics Control Bureau (NCB), General RR Bhatnagar had revealed that the NCB had its eyes on what were considered two major darknet drug syndicates as they slowly worked their way to the top operatives in order to shut them down completely.

How To Use Monero

After AlphaBay and Oasis announced that from now on they would be supporting the yet-to-be popular cryptocurrency Monero, /r/DarkNetMarkets subreddit and marketplace forums have been flooded with posts filled with different kinds of misinformation about the subject.

Russia Proposes Jail Term For Bitcoin Users

Russia has been making a great deal of media headlines as the country continues to regulate the use of digital currencies. In fact, Russia’s Ministry...

Bitcoin Becoming A Key Player In The Rise Of Russia’s Drug Trade

The Russian Federal Drug Control deems that Bitcoin poses a security threat to the nation, despite it being an even more preferred way of...
Bitcoin

How Bitcoin Plays A Role In Crimes

Europol’s officials are expressing concern that cryptocurrencies such as Bitcoin have started to play a growing role in illegal activities. This concern was voiced by Europol officials after law enforcement agencies from countries like Bosnia, Germany, United Kingdom, Austria, and Herzegovina met last December. They had gathered to plan and implement ideas to thwart the activities of DD4BC (Distributed Denial of Service for Bitcoin), a group of cybercriminals.
gangster

Satoshi Denies He Is Craig Wright

Speculation has been rife over the years that Nakamoto is indeed not a 37 year old Japanese male, as has been represented in the past, but perhaps English as a first language speaker, or even a team of people behind the name. Satoshi Nakamoto was a key part of the steep incline and development of the Bitcoin currency up until mid-2010, where he (or they) handed over control of the source repository to others involved in the development cycle. Since Nakamoto retained control of over one million Bitcoins, this means that approximately $458 million USD is in his control.
bitcoin craig wright

Home Of Reported Bitcoin Creator Raided By Authorities

Recently, after a long investigation, the Australian Police raided the home of an Australian academic and entrepreneur, a financial wiz so to speak who might be the missing link that could lead to discovery of identity of Satoshi Nakamoto, the elusive creator of the most famous cryptocurrency, Bitcoin!

Ashley Madison Bitcoin Blackmail Gains Thousands Of Dollars

It was reported that blackmailers might have received thousands of dollars in bitcoin from people who did not want their identity to be revealed...

Man Used Bitcoin To Deal Guns

In a wave of darkweb illegal business crackdown, a 30 year old man in Michigan has been accused of a serious crime of using...

Mt. Gox CEO Arrested On Fraud Charges

Mt. Gox bitcoin exchange CEO Mark Karpeles was arrested on Saturday, Aug. 1, 2015 at 6:00 am on the allegation that he had manipulated...
Bitcoin is a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009.

Bitcoin The Sole Exception As Cryptocurrencies Begin To Die

Bitcoin has always been a very volatile currency. Its value is subject to dramatic rises and falls, and this has always worked against it, discouraging...

Is Bitcoin The Answer To Australia’s Savings Tax?

In the modern day and age, we face taxes wherever we go. Your car is taxed, shopping is taxed, and extra taxes also exist...

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