Ransomware Attack

US State Department Offers to Pay for Cybercrime Tips With Crypto
US State Department Offers to Pay for Cybercrime Tips With Crypto
CoinDesk’s Nihilesh De reacts to the U.S. State Department offering to pay up to $10 million in crypto for tips on cybercrime, including ransomware. “[This] is actually a firs...
US State Department Offers to Pay for Cybercrime Tips With Crypto

Report: White House to Create Ransomware Task Force
Report: White House to Create Ransomware Task Force
The White House is creating a new task force to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday, but is it just a big PR stun...
Report: White House to Create Ransomware Task Force

Biden Under Mounting Pressure to Curb Ransomware Attacks
Biden Under Mounting Pressure to Curb Ransomware Attacks
Recent cyberattacks have prompted calls for regulation, and President Joe Biden is facing increased pressure to present a national strategy to counteract the effects of ransom...
Biden Under Mounting Pressure to Curb Ransomware Attacks

Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms
Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms
Russian-based ransomware hacking group REvil is demanding $70 million in bitcoin from at least 200 U.S. companies, and President Biden says he’s ordering a full investigation...
Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms

Barclays Blocks Payments to Binance in UK
Barclays Blocks Payments to Binance in UK
U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Au...
Barclays Blocks Payments to Binance in UK

Washington, D.C.
Ransomware Group REvil Strikes Again, Demands $70M in Bitcoin From 200 US Firms
The Russian-based ransomware group is now demanding bitcoin in exchange for a decrypter for the infected machines.
Washington, D.C.

How Blockchain Data Firms Are Combatting Ransomware Attacks
How Blockchain Data Firms Are Combatting Ransomware Attacks
Cryptocurrency data firm Chainalysis is adding another $100 million in venture capital to a total valuation of $4.2 billion, as crypto’s role in ransomware becomes a mainstrea...
How Blockchain Data Firms Are Combatting Ransomware Attacks

Ledger Completes A $380 Million Series C Raise
Ledger Completes A $380 Million Series C Raise
“You don’t just want to store [your digital assets] in a closet. You want them to interact with the whole ecosystem,” says Ledger’s chief experience officer Ian Rogers. “But t...
Ledger Completes A $380 Million Series C Raise

Ledger Completes A $380 Million Series C Raise
Ledger Completes A $380 Million Series C Raise
“You don’t just want to store [your digital assets] in a closet. You want them to interact with the whole ecosystem,” says Ledger’s chief experience officer Ian Rogers. “But t...
Ledger Completes A $380 Million Series C Raise

Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack
Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack
JBS USA Holdings Inc., the largest meat producer globally by sales, was hit with a ransomware attack and revealed that it paid hackers $11 million in bitcoin to solve the issu...
Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack