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Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims

BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm. Source link

Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments

The Swiss canton of Zug has started accepting tax payments in cryptocurrency.In a previous announcement in 2020, the Swiss authorities said that, from February, citizens and companies based in...

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

Police seized 1,746 bitcoin mining machines across 21 premises in raids this week. Source link

Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

Online brokerage app Robinhood says it plans to enable withdrawals and deposits of cryptocurrencies including dogecoin.In a tweet Wednesday, the app provider said it “fully intends” to provide the...

US Lawmakers to Question China’s Role in GameStop Pump

U.S. lawmakers are set to question a trader named Keith Gill and the chief executives of Reddit and Robinhood about their roles in the GameStop frenzy at a congressional...

Emily Parker: Why We Should Take Dogecoin Seriously

Nothing says 2021 like dogecoin, a dog-themed cryptocurrency that has recently skyrocketed in value, thanks in part to the support of Elon Musk and other celebrities. For a time...

Russia’s Crypto Tax Bill Passes First Reading at State Duma

The bill proposes to recognize cryptocurrency as property for purposes of taxation. Source link

Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas

The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted. Source link

Coinbase Hires Former Stripe Exec as Chief Compliance Officer

Cryptocurrency exchange Coinbase has hired a former executive of payments company Stripe to head its compliance efforts. Melissa Strait joins the San-Francisco-based exchange as chief compliance officer where she...

Alex Treece: Why the US Needs Bitcoin

The United States will adopt bitcoin as a reserve asset.Why? Because it is unequivocally in U.S. strategic interests to do so.Alex Treece is a co-founder at Zabo, a platform enabling...
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