Ransomware threats making British companies stockpile Bitcoins!
Ransomware threats are on the rise and this is making British companies take preventive measures to counter any such situation. One such measure taken up by most companies operating in the UK is to stockpile Bitcoins to use the purchased crypto as ransomware hush money. Yes, Paul Taylor, the former Cyber Chief in UK’s Minister […]
Hackers steal $60 million of Cryptocurrency from NiceHash Bitcoins Mining site
With the BTC rate nearing USD $16000/ bitcoin, hackers are making bitcoins mining sites as easy targets for minting money. Yesterday, NiceHash which allows people offer computing capacity for bitcoin miners to mine digital currencies was hacked and nearly $60 million worth Cryptocurrency was siphoned from the platform. Note- NiceHash allows miners to work out […]
Cyber Attack disrupts Bitcoin exchange Bitfinex Services!
Taiwan based Bitcoin Exchange Company ‘Bitfinex’ has admitted that it was hit by a DDoS cyber attack on Monday this week. However, the cryptocurrency platform notified to the world that the disruption was temporary as the services were brought back to life within 84 minutes. As Bitcoin rate reached $11,000 early this week, one of […]