Author: Ali Raza

FBI Says Hackers Managed to Extort $28 Million in Cryptocurrencies

On June 22, the FBI presented their annual Internet Crime Report, this one for 2016. By using the reports from the Internet Crime Complaint Center, they are able to publish the yearly document outlining trends and instances of Internet crimes. Still, these reports may not be enough if they want to view the whole situation since it is suspected that only 15% of victims actually report their situation. The Contents of the Report Multiple …
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US Authorities Spied On 3.3 Million Phone Calls With only One Wiretap Order

As a part of their narcotics investigation, the US authorities allowed themselves to use a single wiretap order to intercept and record several millions of their citizens’ phone calls. These real-time interceptions were carried out by an unknown government organization. What We Know In two months of 2016, over 3.29 million conversations made on the cell phones were recorded. The order was demanded sometime in late 2015, and it arrived …
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Peach Airline Decides to Accept Bitcoin after Japan Recognizes it as a Valid Currency

On May 22, Japan’s Peach Aviation announced it will soon start accepting Bitcoin as a legitimate form of payment. Peach will even go a step further and install Bitcoin ATMs in all of the airports within Japan. This move suggests the acceptance of the Bitcoin cryptocurrency, and it might also help with attracting even more tourists from Asia. Accepting Bitcoin at Japanese airports will be beneficial for many passengers. For example, …
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New US Bill Will Require Travelers Entering the States to Declare Bitcoin at the Border

Lately, seems cryptocurrencie’s rapid progress has attracted everyone’s attention. This trend is also confirmed by a new Congressional bill that was just introduced by Senator Chuck Grassley. If passed, the new bill would impact cryptocurrency holders everywhere in the world. Its more direct impact would still be in the US, and would require cooperation between the Commissioner of US Customs and Border Protection and the Secretary of Homeland Security. Its main …
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