The price of bitcoin has shot up by hundreds of dollars in recent days, following the surprise announcement from JP Morgan that it is launching its own JPM Coin cryptocurrency. Other leading cryptocurrencies, including ethereum and EOS, experienced significant gains, building on a major market surge earlier this month. The investment bank’s decision to launch its […]

The network and the university’s power were used covertly to mine for cryptocurrency. A Canadian university was forced to close down its entire network due to the discovery that the system was being abused in order to mine for cryptocurrency. Nova Scotia’s St. Francis Xavier University uncovered the cryptojacking scheme on Thursday. IT staff at […]

A recent study (PDF) from the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance and blockchain analytics company Elliptic explored the “bitcoin laundering” ecosystem. In the study, Elliptic’s forensic analysis of the Bitcoin blockchain and other publicly available data were used to track the flows of illicit funds from 2013 to 2016. […]

The Jersey Financial Services Commission (JFSC) and the Joint Financial Crimes Unit (JFCU) have today issued a warning to Islanders and businesses following authorities receiving reports of intimidating ransom emails, where the recipient or their family’s lives are threatened. The emails are likely to be fraudulent and are threatening that people need to make a Bitcoin payment in […]

It seems Every hacker trusted bitcoin payment & bitcoin’s value. It is growing every day. This bitcoin price volatility is the main reason.  As can be seen in the attached BitCoin Value vs Ransomware Activity graphs The value growth of BitCoin from June 2015 to 4th May 2017 has been expediential. These graphics have led […]

A former employee of an unlawful bitcoin exchange web site and a pastor who ran a New Jersey-based credit union have been found guilty in connection with a bribery scheme to allow the exchange to take control of the credit union in furtherance of its fraud scheme. Yuri Lebedev helped operate the bitcoin exchange, Coin.mx. […]

The Netherlands’ Public Prosecution Service is reportedly pursuing at least three individual money laundering cases related to Bitcoin, according to DutchNews.nl. The prosecution department, formally known as the Openbaar Ministerie (OM), is the body responsible for determining whether suspected criminals should be referred for prosecution. The facts involved in these three cases offer a revealing […]

Blockchain database technology, which underpins digital cryptocurrencies such as Bitcoin, has got finance industry executives very excited. But they may have to cool their jets according to consultant Oliver Wyman and post-trade service provider Euroclear. The companies jointly released a report on blockchain, declaring that “it is likely to take more than ten years to overhaul […]