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  • Kidnapped Crypto Exchange Executive Reportedly Paid $1 Million Ransom In Bitcoin

    Kidnapped Crypto Exchange Executive Reportedly Paid $1 Million Ransom In Bitcoin

    Here’s one piece of evidence to suggest that cryptocurrency remains an extremely hot commodity despite recent crashes in the price of Bitcoin: Armed gang members kidnapped a top executive at UK-registered cryptocurrency exchange Exmo Finance this week and only released him after they were paid a $US1 million equivalent ransom in bitcoins, the Financial Times reported.


  • Bitcoin Crashed And Took The Whole Market Down With It

    Bitcoin Crashed And Took The Whole Market Down With It

    The price of bitcoin plunged on Friday, continuing a steady downward spiral that’s lasted all week. True believers are shrugging it off, but with its newfound notoriety, a lot of latecomers are feeling some pain. All but two of the top 100 cryptocurrencies were significantly down this morning.