Prague Subway equipped Now with 10 New Bitcoin ATMs

Large Bitcoin ATM manufacturer, General Bytes, has lately set 10 new cryptocurrency ATMs throughout the Prague subway in the Czech Republic
28 May 2018   1036

Presently commuters using the Prague Metro can buy digital assets at different  locations placed across the fifth busiest metro system in Europe. The Czech Republic-based company General Bytes has displayed the installation of 10 new crypto ATMs spread out across the Prague Metro. The subway gains more than 1.6 million people in daily foot traffic and is one of the intent metro systems in Europe. The General Bytes machines are situated at Můstek, Nádraží Veleslavín, Dejvická, Florenc, Černý Most, Zličín, Pankrác, Flora, Skalka, and Hlavní Nádraží. Moreover, General Bytes affords a detailed map and description of each location on the website.

The new equipment will supposed to get some use in the region as Prague is considered a booming crypto hub, as the area is filled with a numberof crypto-enthusiasts. For example, the area is home to the Crypto Anarchy Institute, Paralelní Polis, and a few cryptocurrency businesses including the ATM manufacturer General Bytes.

The Czech government is rather friendly to cryptocurrencies and politicians haven’t controlled digital currencies or determined them as a currency or commodity like other nation states. Just 3 days ago one of the largest energy suppliers in the Czech Republic, Pražská Plynárenská, declared it was accepting BTC for payments.  

Including the ten new machines, the Czech Republic will now have a total of 46 cryptocurrency ATMs and 27 of those devices are placed in Prague. According to Coinatmradar out of the 3,122 cryptocurrency ATMs, General Bytes now has 858 worldwide.

Ryuk Ransomware Team to Get 705 BTC

CrowdStrike and McAfee believes the program was created and supported by Russians
15 January 2019   97

In less than six months, hackers got 705 bitcoins through Ryuk ransomware, reports The Block.

Until recently, the group of hackers GRIM SPIDER behind Ryuk was supposed to be operating from North Korea. However, according to the companies CrowdStrike and McAfee, the program was created and supported by Russian hackers.

Ryuk is distributed via email-phishing, where the TrickBot Trojan is involved. The main objectives of the ransomware program are large companies and government organizations. Ryuk blocks the victims' hard drives until they pay the ransom. The amount of the latter often depends on the size and significance of the organization.

The program is "famous" for the impressive amounts of required buybacks:

To date, the lowest observed ransom was for 1.7 BTC and the highest was for 99 BTC. With 52 known transactions spread across 37 BTC addresses (as of this writing), GRIM SPIDER has made 705.80 BTC, which has a current value of $3.7 million. With the recent decline in BTC to USD value, it is likely GRIM SPIDER has netted more.
 

CrowdStrike

705 bitcoins at the current exchange rate is about $ 2.6 million.