This Bitcoin Ransomware Rakes in $150 Million in BTC
A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands...
Economist Discusses What Would Happen if the Masses Ditch Fiat Currencies for Bitcoin
American economist Brian Wesbury has shared his thoughts on what would happen if the masses were to ditch fiat currencies and adopt bitcoin instead. He discussed whether the government would allow it to happen and how bitcoin can become a true currency. Economist...
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense...Interesting 13
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