Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase

A Columbia, Missouri, man pleaded guilty in United States federal court yesterday to attempting to purchase a chemical weapon on the dark web using Bitcoin. A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical … Continue reading Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase

British Columbia Will Stop Crypto Miners From Getting Electricity

An electric utility company in the Canadian province of British Columbia, which is controlled by the state, has announced that it intends to put a temporary stop for the next 18 months to any new requests for electrical connections that are made by cryptocurrency miners. This plan is being carried out in order to save … Continue reading British Columbia Will Stop Crypto Miners From Getting Electricity

British Columbia Court Upholds Government's Temporary Ban on Cryptocurrency Mining Electricity Supply

On February 2, 2024, the British Columbia Supreme Court ruled in favor of the Lieutenant Governor in Council, upholding an Order in Council (OIC) that temporarily suspended BC Hydro’s obligation to supply electricity to new cryptocurrency mining operations for 18 months. The ruling, delivered by Justice Tammen, dismissed the petition by Conifex Timber Inc., a … Continue reading British Columbia Court Upholds Government's Temporary Ban on Cryptocurrency Mining Electricity Supply

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

In an effort to increase the level of expertise in the field of distributed ledger technology, the government of Bangladesh has expressed its intentions to send 100 new graduates for blockchain training in Japan and India according to the report by Bangladesh’s English-language newspaper The Daily Star on Aug. 4. The country also plans to … Continue reading Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Blockchain-Based Startups Empower Individuals to Identify Fake News

Blockchain-Based Startups Empower Individuals to Identify Fake News Back in 2017, a man named James McDaniel confessed that he had created a fake news website to test how gullible Internet readers could be. “As I continued to write ridiculous things they just kept getting shared and I kept drawing more viewers,” he told Politifact. In … Continue reading Blockchain-Based Startups Empower Individuals to Identify Fake News

Cryptos in Space: The Future of Blockchain in the Final Frontier

“Oh my God…it’s full of stars!” Thus spoke astronaut Dave Bowman, the last surviving crew member of the ill-fated Discovery One spaceship, moments before entering the stargate in the 1968 sci-fi classic 2001: A space odyssey. These eternal words, spoken in the novelized version only, hint at a vast new universe where human beings become … Continue reading Cryptos in Space: The Future of Blockchain in the Final Frontier

Canadian Crypto Exchange Shuts Down to Protect Customers

In Vancouver, Canada, another cryptocurrency exchange has closed down. This is not the first Canadian based Exchange to encounter problems, with some users losing everything last year when another exchange lost access to private keys. This came when Quadriga, Canada’s biggest exchange was unable to gain access to over 145 million USD of Bitcoin and … Continue reading Canadian Crypto Exchange Shuts Down to Protect Customers

Terminating Fake News with Blockchain

Sometime in 2018, the American Herald Tribune website published a story about Friedrich (anglicized as ‘Frederick’) Trump, Donald Trump’s grandfather. The copy claimed that Frederick was a pimp and a regular drug user. The story went on to say that the man amassed a fortune running several brothels. More recently, stories began to circulate about … Continue reading Terminating Fake News with Blockchain

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

While blockchain is promoted as being cryptographically secured as the underlying technology for cryptocurrency, exchanges that hold them are still prone to cyberattacks. Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange. Grand Jury … Continue reading US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Mr Dark's Depraved Rape and Child Porn Site Brought Down by Blockchain Analysis

A Dutch national has been indicted by a federal grand jury in the District of Columbia for operating a depraved and violent pornography site featuring minors and sexual assault. Michael Rahim Mohammed, known as Mr Dark, allegedly profited around $1.6 million which was paid in cryptocurrencies like Bitcoin and Ethereum. The ‘Dark Scandals’ website hosted thousands of videos … Continue reading Mr Dark's Depraved Rape and Child Porn Site Brought Down by Blockchain Analysis

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