New York Tries to Ban Paying Bitcoin Ransomware Attackers

New York state senators have drafted two bills this month that propose a ban on paying ransomware attackers with tax-payers money.  New York Refuses to Negotiate with Criminals In April of 2017, the National Security Agency (NSA) was hacked by an unidentified team of hackers who called themselves the Shadow Brokers. The Shadow Brokers were …

Remembering Tamás Blummer, Pioneering Bitcoin Developer

Tamás Blummer, a Bitcoin developer since 2012 and founder of several groundbreaking Bitcoin-focused projects, reportedly passed away on January 12, 2020, after a long fight with cancer. Among Blummer’s contributions to the Bitcoin ecosystem were Rust Bitcoin, a project focused on creating a Bitcoin network library written in the Rust programming language; CoinTerra, an early …

XRPTipBot Gets Twitter Ban Over ‘Impersonation’ Claims

Twitter has banned the XRPTipBot account again this week, claiming its impersonating another account. Ripple and TipBot developer Wietse Wind, assured users that funds are safe, and has since implemented a new working version of the XRP-tipping mechanism for the platform.  XRPTipBot: Too Good At Impersonating Itself Wind first took to Twitter itself (where else?) …

Five Years of Bitcoin Trendlines All Lead to This One Point; “Fireworks” Inbound

Since Bitcoin’s genesis block was first mined, the cryptocurrency has been caught within a whirlwind that has allowed BTC to post gains that defy historical precedent. Although the past couple of years have tempered the excitement surrounding the cryptocurrency, it is important to note that multiple bullish factors are fast approaching on the horizon, and …

2019 Saw Most Exchange Attacks Ever, With Hackers Becoming More Savvy

As cryptocurrency exchanges beef up their security to defend themselves against cyberattacks, hackers are responding in kind by amping up their techniques — and the data shows that they’re finding success. Cryptocurrency exchanges faced more successful attacks in 2019 than in any other year since bitcoin began trading on public exchanges in 2011, according to …