Bitcoin Ransomware Education – PSCrypt

Ukraine is now a hotbed for testing new types of ransomware. Several types of malware have attacked computers across the country over the past two months. One of those ransomware strains goes by the name of PSCrypt. Even though this malicious tool has been around for some time now, we still know very little about this threat. PSCrypt Doesn’t Like Ukrainian Computer Users Security researchers were quite surprised to discover …
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Michael Richo Admits to Stealing US$365,000 Worth of Bitcoin From Darknet Criminals

Bitcoin has gotten a bad name by being a common payment method on the darknet. A lot of underground online criminals feel Bitcoin can provide them with an anonymous payment solution. However, this degree of criminal activity associated with Bitcoin can also attract unwanted attention. Michael Richo pleaded guilty to stealing bitcoins from darknet marketplaces. Darknet Marketplace Phishing Sites Are Quite Successful This entire story is interesting to follow. Consumers all …
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Bitcoin vs Gold – Pros and Cons

Diversifying one’s investment portfolio remains a top priority, even in the year 2017. All markets are subject to volatility, which always creates a growing demand for store-of-value options. Both Bitcoin and gold are quite attractive in this regard, as they both have their advantages and drawbacks. However, both assets should be part of any serious trader’s portfolio and this article will explain why. Bitcoin and Gold Are a Safe Store …
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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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