Bitcoin ATMs In Violation Of Russian Law?

Russian regulators in the state of Tartarstan have issued a strong warning regarding the installation of Bitcoin ATMs, according to the government website. The statement explains that the use of such ATMs may be a crime and businesses should consider this prior to installing them. The warning comes after two ATMs were installed in local […]

Hackers Attack Sacramento Transit System for 1 BTC Ransom

A hacker has attacked and crippled the Sacramento Regional Transit (SacRT) system for a ransom of 1 Bitcoin, or about $8,000 at today’s market value. The attack erased important programs that are necessary for planning and dispatching bus routes, as well as dispatching employees for service. In an odd move, the hacker demanded a single […]

$30 Million USDT Stolen

Tether, the company behind a dollar-pegged cryptocurrency widely used in the market’s exchange trade, is claiming that its systems have been hacked and that $30 million worth of its tokens have been stolen. In a post on the project’s website (which has since been removed), Tether blamed a “malicious action by an external attacker” for the theft […]

Big Hedge Fund AQR Incorporating Blockchain Technology

In another win for the adoption of Blockchain technology into the banking and finance world, top hedge fund AQR ($208 bln under management) has announced that it will begin investigating how to incorporate the nascent technology into its trading platforms. The company hopes to use the technology to make its internal systems more efficient, since […]

Police Arrest Gang That Kidnapped Wealthy Bitcoin Holders

A gang of crypto kidnappers have been caught by Turkish police after robbing 450 bitcoin equivalent to $3.3 million dollars from a wealthy businessman. The gang followed the victim to his car before kidnapping him, throwing him into a minibus for 8 hours and threatening him with violence. Police were able to watch the flow […]

Big Companies Looking For BlockChain Developers

VISA launched the first phase of their blockchain-based business-to-business payments service, B2B Connect and have just hired a Blockchain developer to help work on the project. Already working with Visa are U.S.based Commerce Bank, South Korea’s Shinhan Bank, the Union Bank of Philippines and the United Overseas Bank, based in Singapore. Other big companies like […]

Bitcoin Investors Wont Sell Until Price Nears $200k

New survey data shows Bitcoin investors have no plans of selling until the price nears $200,000. LendEDU asked 564 Americans who have invested in Bitcoin, what price they would consider selling some of their Bitcoin for US dollars. On average, respondents reported that they would be willing to sell their Bitcoin investment at $196,165 per Bitcoin. As […]