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Bitcoin Price Drops $1,500 in 24 Hours
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Bitcoin Price Drops $1,500 in 24 Hours

Bitcoin’s price has dropped rapidly from $9,800 to $8,150 in less than a day, for the first time in months. “According to data from Coin360, Bitcoin investors are experiencing a painful Tuesday, with BTC/USD hovering close to $8,100. Bitcoin’s rapid drop below $9,800 was the latest move in what was otherwise a slow grind downwards,…

A Look At The PlusToken Exit Scam
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A Look At The PlusToken Exit Scam

Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions. Whale Alert, a Twitter account, that is definitely worth a follow, dedicated to reporting large cryptocurrency transactions, posted on the 17th of August that four transactions adding up to 22,923 BTC were likely the transactions of…

Bitpoint Hacked For $32 Million
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Bitpoint Hacked For $32 Million

Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in cryptocurrency. According to a CoinDesk Japan report on Friday, Bitpoint stopped all withdrawal, deposit and trading services on Friday morning until further notice, after it noticed irregular withdrawal from its hot wallet on Thursday. It is not yet clear at…

Florida Town Pays $600,000 Virus Ransom
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Florida Town Pays $600,000 Virus Ransom

A town in Florida, which was recently targeted in a ransomware attack, has decided to pay the $600,000 ransom.  Municipal computers for Riviera Beach, a suburb of Palm Beach, were rendered unusable by the ransomware attack. The virus disabled email, hit emergency response systems and forced staff to use paper based admin systems. The local…

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