1,500 Businesses Infected by Latest Ransomware Cyber Attacks

July 7, 2021 ARS Technica 0

REvil’s site on the dark web claimed that more than 1 million targets were infected in the attack and that the group was demanding $70 million for a universal decryptor. The hackers demanded the ransom in Bitcoin, which has been used by authorities to to call for an end to private cryptocurrencies.


In a World First, El Salvador Makes Bitcoin Legal Tender

El Salvador’s legislature voted this week to accept Bitcoin as legal tender alongside the US dollar, which is the country’s official currency. Critics say that El Salvador’s acceptance of a competing currency is a hedge against the US dollar that has massively increased its money supply, which will cause inflation.