Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders
The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s immigration systems, temporarily crippling cross-border movements. On Aug. 27, the cybercriminals – now identified as a group calling itself Netwalker – hacked Argentina’s immigration agency, Dirección Nacional de Migraciones, in an attack that halted border crossing in and...
Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool
During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that also supports Simple Ledger Protocol (SLP) tokens. Zapit’s team recently revealed on Twitter that developers have been working with a new dividends tool built into the mobile wallet. Zapit is a bitcoin cash (BCH) wallet that was released on the Google Play store roughly five months ago. The wallet also supports SLP tokens...
Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto released the decentralized network, a number of people have doubted bitcoin and over the years some individuals have deemed the project...
Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin. The option allows one to keep an immediate financial need separate from long-term...
Alleged SPARKS Member ‘Raid’ Pleads Not Guilty to Piracy Charges
On August 25, unofficial reports began to circulate that something big was underway in the top-tier piracy world known as The Scene. So-called topsites, the servers where masses of copyright-infringing content are stored, began shutting down globally as it became clear that law enforcement action was underway. Within hours, the US Department of Justice announced that three key members of the piracy groups known as SPARKS, GECKOS,...
