Posts

Showing posts from March 11, 2022

Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case

Image
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes Bitcoin Worth $28 Million The U.S. Department of Justice (DOJ) announced Thursday that a former Canadian government employee was extradited the previous day from Canada to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” The DOJ detailed that from April through December 2020, Sebastien Vachon-Desjardins “conspired to and did intentionally damage a protected computer and transmit a ransom demand in connection with doing so.” The Justice Department launched a coordinated international law enforcement action to disrupt ransomware group Netwalker in January last year. The indictment charges the 34-year-old Canadian from Gatineau,

The Nightly Mint: Daily NFT Recap

It’s the final Mint of the week before we head into the almighty weekend. NFTs are closing out strong in today’s headlines, as Yuga Labs makes a massive acquisition and the entertainment industry continues to embrace NFTs. It’s another bite-sized report to keep you up to speed on all things NFT from today. Let’s jump in. The Nightly Mint Latest Mint: Bored Apes Meet CryptoPunks & Meebits In Massive NFT Acquisition If you can’t beat ’em, join ’em. Yuga Labs, the creators of Bored Ape Yacht Club, are bringing in two of the biggest NFT projects that the space has seen in history – CryptoPunks, and Meebits – under their wing, according to an announcement today. The acquisition of Punks and Meebits comes from their original creator, Larva Labs, with undisclosed terms. The move solidifies Yuga as a power player in the NFT space, holding arguably the three biggest serialized NFT projects that the space has seen to date. Related Reading | Dogecoin Sees Rapid Accumulation Following Pric

What Is El Zonte Capital? Could Keiser, Herbert, And Klippsten Shake The Market?

Image
A new investment fund, El Zonte Capital hopes to bring the Bitcoin Beach experience to the whole world. Controversial journalists and podcasters Max Keiser and Stacy Herbert joined forces with Swan Bitcoin’s Cory Klippsten to put their money where their mouth is. El Zonte Capital has $5M in committed funding, and that’s just the beginning.  Related Reading | Cool Valley Mayor Will Airdrop $1000 Worth Of BTC To Each Household The place where El Salvador’s Bitcoin Law started, El Zonte AKA Bitcoin Beach is the inspiration behind the venture. “El Zonte is hyperbitcoinization. Hyperbitcoinization is economic freedom, and hyperbitcoinization is our main investment thesis,” Keiser said to Bitcoin Magazine.  Max Keiser & Stacy Herbert Launch El Zonte Capital https://t.co/tZvf7u7Pte — El Zonte Capital (@ElZonteCapital) February 15, 2022 For the last two months, Keiser and Herbert experienced the bitcoin life first-hand by living in El Salvador. Speaking about their conversations with

AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments

Image
The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With Dogecoin and Shiba Inu AMC Theatres now accepts payments in dogecoin (DOGE) and shiba inu (SHIB) cryptocurrencies. AMC Entertainment (NYSE: AMC), aka AMC Theatres, is the largest movie exhibition company in the U.S., Europe, and the world. The company owns or operates approximately 950 theaters and 10,500 screens globally. Adam Aron, the CEO of AMC Theatres, announced Thursday that amctheatres.com now accepts DOGE and SHIB for online payments. The CEO also gave a special shoutout to Bitpay which processes crypto payments for his company. Bitcoin.com News visited the AMC Theatres website and found that Bitpay is now a payment option. With the integration of Bitpay, AMC Theatres now accepts severa