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@Today

U.S. Recovers Millions Paid In Bitcoin For Pipeline Ransomware U.S. authorities have successfully recovered a ransom paid in Bitcoin by the company Colonial Pipeline, per a CNN report. In May, a cyberattack allegedly perpetrated by a Russia-backed hacker group called DarkSide halted the operations of this company. According to the report, Colonial Pipeline controls around 45% of the fuel for the U.S. East Coast. Its CEO Joseph Blount was forced to pay the ransom enforced by the hacker on a control room’s main computer. Estimated in around $4.4 million paid in 63.7 Bitcoin. The operation was carried out by a special ransomware task force created by the U.S. Federal Government. This type of attack has become regular. There is a growing concern in the public and the authorities. Deputy Attorney General Lisa Monaco said the following on the operation during a press conference: By going after an entire ecosystem that fuels ransomware and digital currency, we will continue to use all of our tools and all of our resources to increase the costs and the consequences of ransomware attacks and other cyber-enabled attacks. Deputy National Security Advisor Anne Neuberger claimed that Bitcoin and cryptocurrencies “enable” this type of crime. A similar position has been taken by other U.S. high-ranking government officials, such as Secretary of Treasury, Janet Yellen. Neuberger added, according to CNN: That’s the way folks get the money out of it. On the rise of anonymity and enhancing cryptocurrencies, the rise of mixer services that essentially launder funds. Another representative from the Department of Justice (DOJ) claimed that the funds were seized from a Bitcoin wallet. https://www.newsbtc.com/news/bitcoin/u-s-bitcoin-pipeline-ransomware/

@Today

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Blockster, a crypto-focused social network driven by user-generated content, has announced the initial offering of its utility token BXR, which will be used for advertising and staking on the platform. Kicking off on June 7 on Blockfunder, the fundraising IEO platform of crypto exchange Digitex, the token sale will take place in six phases, concluding on October 12 or whenever all tokens are sold. Depending on the phase, the BXR price and currencies accepted will differ, so be sure to check the details here before the sale begins. The name Blockster has been derived from the words “blockchain” and “hustler,” to appeal to a tech-savvy, entrepreneurial audience who want to make money in crypto and crypto-related work opportunities. On Blockster, users can create profile pages and content about crypto projects, read and consume other users’ content on ‘Blockdesk’, follow all the crypto markets via their real-time market data feed on ‘Blockwatch’, join groups, advertise their projects, and discover money-making opportunities. Blockster plans to eventually partner with every crypto-based project in the industry so that they can manage and update their own social pages.

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ESG-led Bitcoin mining is not only possible, but it’s ultimately the most responsible and prosperous way to show leadership in this growing industry. Is it possible to mine Bitcoin (BTC) using only 100% renewable energy sources and deliver the same economic returns as those using carbon-based sources? The answer is yes, according to Square’s recent analysis on the cost of renewables and their impact on Bitcoin mining. https://cointelegraph.com/news/ignore-the-headlines-bitcoin-mining-is-already-greener-than-you-think

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1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway. Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi — potentially opening up the market to greater adoption.

@Today

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