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Paypal CFO: Bitcoin’s Success Is Very Likely
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Paypal CFO: Bitcoin’s Success Is Very Likely

There’s a lot of doubt surrounding Bitcoin’s potential as a viable, real-world currency – but PayPal’s chief financial officer sees only positive things in the dominant cryptocurrency’s future. A ‘VERY HIGH LIKELIHOOD’ OF SUCCESS According to John Ra...
SEC Brings Charges Against BitFunder, Jon Montroll
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SEC Brings Charges Against BitFunder, Jon Montroll

On Wednesday, the SEC filed civil charges in the federal district court in Manhattan against BitFunder and its operator Jon E. Montroll. The US Attorney’s Office for the Southern District of New York also filed a complaint in a parallel criminal case against M...
Tesla Cryptojacked, Hackers Use Passwordless System To Mine Crypto
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Tesla Cryptojacked, Hackers Use Passwordless System To Mine Crypto

Cloud security intelligence (CSI) firm RedLock has exposed a new case of cryptojacking targeting Tesla’s Amazon Web Service’s (AWS) software container, the RedLock blog reported yesterday, Feb. 20. Hackers accessed Tesla’s AWS access credentials by penetrat...
Denison Yachting to Accept Bitcoin, Ether, Bitcoin Cash and Tron Payments for Luxury Yachts
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Denison Yachting to Accept Bitcoin, Ether, Bitcoin Cash and Tron Payments for Luxury Yachts

Denison Yachting, a Yacht dealer, based in Florida, has announced that it has begun to accept payment in bitcoin for its range of high-end luxury yachts. Announcing on February 16, 2018, the company stated that apart from bitcoin, it will also accept payment i...
McAfee Identifies Major Cyber Attack by Hacker Group ‘Lazarus’
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McAfee Identifies Major Cyber Attack by Hacker Group ‘Lazarus’

The North Korea-based Lazarus hacking group is now targeting individuals and banking institutions with bitcoin stealing and phishing campaigns. The new cyber attack was discovered by analysts at McAfee Advanced Threat Research (ATR). As revealed by the company...
Australian Watchdog Sees 1,289 Cryptocurrency Scam Complaints in 2017
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Australian Watchdog Sees 1,289 Cryptocurrency Scam Complaints in 2017

Australia’s national consumer watchdog has reportedly received over 1,200 complaints related to cryptocurrency scams last year leading to estimated losses of AUD $1.2 million. According to figures revealed by Australian nightly TV program 7.30, aggregate da...
Finland Hamstrings Its Ability to Store Confiscated Bitcoin
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Finland Hamstrings Its Ability to Store Confiscated Bitcoin

Finland authorities have confiscated around 2,000 bitcoin – worth nearly $40 million on Dec. 18, 2017 – and is trying to determine how to safely handle them. Finland’s recently announced cryptocurrency guidelines prohibit the government from storing the bit...
Bitcoin Will Be the Real Winner in the War on Cash
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Bitcoin Will Be the Real Winner in the War on Cash

Bitcoin looks to become the biggest beneficiary of increasing money digitization as countries, such as Sweden, spearhead the so-called ‘war on cash.’ BUT FIRST, WHAT IS ‘CASH’? By definition, cash is legal tender or coins that can be used to exchange...
Global Market Stagnant Despite Bitcoin Gains
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Global Market Stagnant Despite Bitcoin Gains

While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin,...
Bitcoiner Faces Charges After Selling BTC to an Undercover Cop
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Bitcoiner Faces Charges After Selling BTC to an Undercover Cop

On February 9, 2018, officials from U.S. Immigration and Customs Enforcement (ICE), the investigative arm of the Department of Homeland Security, arrested Morgan Rockcoons (aka “Morgan Rockwell” or “Metaballo”), CEO at Bitcoin, Inc. and an entrepreneur behind ...