With the usage of ransomware by cybercriminals rapidly growing over time, it is also becoming increasingly difficult for people to counter it. We look at trends, as well as how you can stay protected.
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An event in the bitcoin world, dubbed the 'halving', will see the amount miners earn per block decrease from 25 BTC to 12.5 BTC. The 'halving' is believed to be one of the reasons for the price spike.
According to security experts, the utilization of ransomware by cybercriminals is rapidly rising. This is reportedly due to the openness of source codes, as well as the large money criminals get.
One of the UN's Sustainable Development Goals is to provide everyone in the world with legal identity. And Microsoft and its partners believe this is a perfect case for blockchain technology.
Microsoft has discovered a new type of ransomware that not only encrypts an innocent user's computer files, but also takes the time to reproduce itself through removable drives and network drives.
Bitcoin has reached a 20-month high over the weekend. The crypto-currency broke through the $500 barrier raising speculation that the digital currency could spike in price, as it did in 2013.
24,518 Bitcoins that were confiscated by police in Australia will be auctioned off. The coins will be offered in blocks of 2,000, to prevent the market being affected negatively by the auction.
The council of the Swiss town, Zug, has decided to run a programme which will allow residents of the town to spend 200 Francs worth of Bitcoin on public services. The trial will run through 2016.
BitPay has unveiled its new BitPay Visa Card. The card was made available with the help of Visa and allows cardholders to deposit Bitcoins from any wallet and withdraw or spend them in dollars.
BitPay has announced that it has partnered with Valve to bring bitcoin payments to the gaming platform. Bitcoin payments are already live for some users but Valve is yet to make an announcement.
A new ransomware called Maktub has been discovered. In order to lure in victims, a legitimate-looking email is sent, containing the victim's home address, together with a demand to pay an invoice.
A pioneer of internet in Africa, Nii Quaynor, has announced the establishment of a Bitcoin producing farm on the continent. He claims that it is the first mining facility in Africa.
Contrary to yesterday's reports, it has become clear that Microsoft will continue to support adding money to an account by using the digital currency, Bitcoin. The earlier report was accidental.
An update on Microsoft's website suggests that Bitcoin will no longer be an option for users to purchase content on Windows 10 and Windows 10 Mobile. Microsoft has given no reason for the change.
An amendment to a proposed law in Russia will see those issuing surrogate currencies - such as Bitcoin - face up to seven years in prison. The new amendment also introduces fines of up to £25,000.
The Bitcoin wallet - Electrum - has now come to the Android platform with a newly crafted UI. The app is still based on the desktop app making the two compatible. An iOS version will come soon.
The Linux Foundation has come up with a name for its Blockchain group which was announced in December. It's now called 'The Hyperledger Project', the name's trademark was given by Digital Asset.
The first peer-reviewed study on Bitcoin is out but is expected to be published in May. It investigates participants knowledge about Bitcoin, why some don't use it, and its barriers.
A new report from the influential RAND think tank suggests that governments should attack Bitcoin and blockchain technologies to undermine the public's perception of their utility and security.
The Linux Foundation has announced a new collaboration effort to help speed up development of blockchain technology, making it suitable for enterprise use.
Outed as the man behind the persona 'Satoshi Nakamoto', Craig Wright is believed to be the founder of Bitcoin. Within hours of his name being published online, Australian police have raided his home.
Crooked Secret Service agent Shaun Bridges has been sentenced to 71 months in prison for stealing over $800,000 in Bitcoin and obstructing the investigation against the drug site, Silk Road.
An email is distributing to victims of the recent data theft at crowd-funding site 'Patreon', asking for bitcoin payments to stop personal data from being publicly available online.
Cyber criminals said they will continue to DDoS Russian banks, unless Bitcoin ransoms are met. The DDoS attacks are a part of a rising online extortion trend involving cryptocurrencies like Bitcoin.
It looks like Bitcoin mining will be coming to consumers this fall in the form of the '21 Bitcoin Computer'. The computer will retail for $399 and be available directly from Amazon.
Opportunistic criminals have given Ashley Madison users another reason to worry about, after emails blackmailing users emerged. The extortionists are demanding exactly 1.0000001 BTC from people.
A dormant ransomware similar to Cryptolocker has recently been activated. Dubbed "Locker," the program encrypts computer files, and asks the victim for 0.1 bitcoin in exchange for the decryption key.
A new version of the famous ransomware Cryptolocker named TeslaCrypt has been released, and is out to target gamers. It holds game files hostage unless a payment in bitcoins is made.
Users of the popular torrent application uTorrent are likely not aware that the program's latest build is actually confiscating your CPU to mine bitcoin while running.
Bitcoin is not having the best time at the moment; the currency continues to decrease rapidly in value, dropping nearly 30% in the past 24 hours.
Microsoft has taken a first step into the world of bitcoins and US users can now use the cryptocurrency to add money to their digital wallets, which they can spend in the company's digital stores.
Google has shown support for Bitcoin in the past, but now the company has set up a Bitcoin ATM at its London Campus to evaluate the usage of the cryptocurrency and gather ideas.
After it started accepting the popular virtual currency, Wikipedia has seen a surge in donations via Bitcoin -- over $140,000 worth -- in its first week alone.
Popular electronics retailer, Newegg, has announced that customers can purchase goods with Bitcoin. The virtual currency continues to expand, with multiple companies now accepting the currency.
The US is going to sell its hoard of nearly 30,000 Bitcoins accumulated from the FBI's closure of the Silk Road last year in blocks of 3,000 BTC in an online public auction on June 27th.
Reasearchers from Microsoft and the University of Maryland are proposing a new version of Bitcoin. Called Permacoin, this digital currency would actually create value in the real world by storing data
Apple has apparently had a change of heart when it comes to virtual currencies and will change its stance on apps that focus on this new type of monetary products and services.
The satellite TV provider Dish Network has announced it will start accepting Bitcoin payments starting in the third quarter of this year, becoming the largest company yet to embrace the currency.
eBay CEO John Donahoe has suggested that the growing digital crypto-currency Bitcoin could be offered as a new currency option for PayPal balances in the foreseeable future.
Consumer electronics trader CeX is set to replace the Pound with Bitcoin as the currency of choice for transactions carried out at its Glasgow based store, making it the first reseller to do so.
Creditors and investors of the bankrupt Bitcoin exchange, Mt. Gox, have proposed to revive the exchange in order to get more returns than they would receive by simply liquidating the assets.
A security company has announced that some malicious Android apps found their way to the Google Play store that secretly use a phone's processors to mine Bitcoins.
A new report claims that the embattered Bitcoin exchange Mt. Gox has asked a court in Tokyo permission to file for liquidation after filing for bankruptcy protection in late February.
Security companies have discovered malicious apps which discretely turn Android phones into inefficient crypto-currency miners. The Play Store apps allowed a criminal to mine thousands of Dogecoins.
Japanese Bitcoin exchange, Mt. Gox, has revealed that it has found 200,000 missing bitcoins after searching in wallets which used an old format, but is still far from recovering the remaining 650,000.
Ryan McGeehan, the (now) former Director of Security for Facebook, has left the company to work on developing a security program for Coinbase.
Last month, popular Bitcoin exchange MtGOX closed its doors and shut down its site. Their website is now back up, but at current it only allows users to check their balance.
Dorian Satoshi Nakamoto has denied once again, in an official statement, that he created Bitcoin, contrary to what Newsweek said earlier this month. Nakamoto also hinted he may take legal action.
A U.S bankrupcy filing reveals Mt. Gox continued trading Bitcoins despite being robbed of 750,000 BTC. Analysts and investors are now wondering why Mark Karpeles didn't pull the plug earlier.
Australian businesses are continuing to accept Bitcoin payments weeks after exchange Mt. Gox became bankrupt. The crypto-currency's volatility has not deterred Imbiss25 and Glowgolf from trading it.