Businesses Ready To Pay Bitcoin Ransoms
A U.K. corporate networking firm has found some intriguing patterns emerging among corporations as the risk of cybercrime grows. Researchers at Citrix this month found evidence that businesses are shoring up reserves of bitcoin so they can pay ransoms as quickly as possible should they be hit with ransomware. The research emerges following several high-profile… (0 comment)

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits
Digital bank WB21 announced that it has added Bitcoin as a method for its customers to transfer and deposit funds to their checking accounts. WB21 customers can now send Bitcoin to make real time account deposits in any of the 18 currencies supported by the bank. “A bank accepting Bitcoin is quite unusual, however it… (0 comment)

Ethereum is cratering amid claims of a $50 million hack
The value of digital currency Ethereum is spiralling downwards amid an apparent huge hack targeting an organisation with huge holdings of the currency. It’s now below $15 – down from more than $21 just hours ago. Community members fear that as much as $50 milion of the digital currency has been stolen. The core Ethereum codebase does… (0 comment)