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Thanks To Ransomware, Bitcoin Leaves A Bad Taste In Corporates’ Mouths

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Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. For many, however, the technology still conjures up images of cybercrime and illicit activity, and new data revealing the rising threat of ransomware is likely to fuel that negative reputation.

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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

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18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. In addition, ransomware attacks and associated demands for payment, which are almost exclusively denominated in CVC, are increasing in severity.".

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Swiss Ski Resort Accepts Bitcoin For Taxes

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Zermatt, a ski resort town of 5,400 residents in Switzerland, has decreed that cryptocurrency bitcoin can now be utilized to pay taxes and other government services, Bloomberg reported. Mayor Romy Biner-Hauser confirmed that her residents can now pay for an array of traditional government services using bitcoin.

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New US 'Cryptocurrency Enforcement Network' Takes Aim At Bitcoin Scammers

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Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.

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Bitcoin Daily: MUFG To Issue Crypto For Payment App; Unsuccessful Hackers Demanded $7.5M In Crypto From Argentina’s Telecom SA To Stop Attack

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The digital currency will be rolled out with the help of a holding company in Japan called Recruit Group that runs Hot Pepper Gourmet, an eatery search service. Discussion about renumeration in digital currency started occurring on social media following a tweet from an economist that hackers were seeking $7.5

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Bitcoin Tracker: How Secure Are Bitcoins?

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And, as if he possibility of personal and payment information being hacked wasn’t disconcerting enough, consumers and retailers may be soon adding Bitcoin woes into the mix. From Venmo and PayPal to Apple Pay and Android Pay, new digital payment options are seemingly always on the rise. Although most U.S. Although most U.S.

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Bitcoin Tracker: WannaCry Doesn’t Pay

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It’s been a rocky week for bitcoin — and we don’t just mean in terms of price. Actually, bitcoin’s price at the time of writing was at a record high, hitting $1859.49 It’s increasingly hard to argue that bitcoin is clean. It’s increasingly hard to argue that bitcoin is clean.

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