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Twitter hacking spree alarms experts concerned about the platform's security

July 16, 2020 12:56 pm

Posing as celebrities and the wealthy, the hackers asked followers to send the digital currency bitcoin to a series of addresses. By evening, 400 bitcoin transfers were made worth a combined $120,000. Half of the victims had funds in US bitcoin exchanges, a quarter in Europe and a quarter in Asia, according to forensics company Elliptic.

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Twitter hack snags Obama, Biden, Gates accounts in Bitcoin scam

July 16, 2020 8:36 am

The accounts sent out tweets promising to double the money of anyone sending funds via Bitcoin within 30 minutes.

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Bitcoin surges pass $10,000 to highest level since mid-February

June 02, 2020 9:25 pm

Crypto fans have seen prices surge this year thanks to projections that digital tokens can benefit as central banks and governments around the world unleash stimulus measures to shore up listing economies.

Regulating cryptocurrency exchanges

June 01, 2020 9:27 pm

Cryptocurrencies are borderless and often transcend regulatory classifications. Establishing information sharing and coordination mechanisms between regulators and enforcement agencies is therefore crucial

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Harry Potter author JK Rowling wanted to understand Bitcoin, so Elon Musk stepped in

May 20, 2020 12:05 pm

Tesla CEO Elon Musk stepped in after British author JK Rowling asked for Bitcoins to be explained to her.

Bitcoin is staging a comeback reminiscent of 2017 bubble frenzy

May 06, 2020 1:48 pm

To be sure, many crypto fans also point to unprecedented monetary and fiscal stimulus unleashed by central banks around the world as a catalyst for prices to advance. Whatever the reason, the recent bull-run hype has ushered in the return of sky-high price targets.

Hush, money

March 09, 2020 7:22 am

Supreme Court has rightly freed virtual currencies, and regulation would make it a strong element of Digital India.

Bitcoin plummets to a six-month low on China crackdown

November 22, 2019 6:15 pm

Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrency

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Five held in Roorkee for ‘torturing to death’ Bitcoin scam accused

September 01, 2019 4:54 am

According to police, Abdul Shakoor, who hailed from Kerala, had been on the run from investors for the past two months. On Wednesday night, the 24-year-old's accomplices tortured him till he died, and then left his body in the ward of a hospital in Dehradun and fled.

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Terrorists are turning to Bitcoin for funding, and they’re learning fast

August 19, 2019 11:27 am

Terrorists have been slow to join other criminal elements that have been drawn to Bitcoin and have used it for everything from drug purchases to money laundering. But in recent months, government authorities and organizations that track terrorist financing have begun to raise alarms about an uptick.