Steve Wozniak's BTC Stolen

Co-founder became the victim of a scammer when trying to sold his Bitcoins
27 February 2018   211

Speaking at the World Economic Summit Economic Times, co-founder of Apple said that he was a victim of an attacker who used the number of a stolen credit card to buy a crypto currency. The payment that Wozniak received for the sale of seven bitcoins was canceled, apparently at the request of the legal owner of the card, and the technical guru was left without money and with an empty bitcoin-purse.

Bitcoins to me was a currency that was not manipulated by the governments. It is mathematical, it is pure, it can’t be altered. The blockchain identifies who has bitcoins… that doesn’t mean there can’t be fraud though. I had seven bitcoins stolen from me through fraud. Somebody bought them from me online through a credit card and they cancelled the credit card payment. It was that easy! And it was from a stolen credit card number so you can never get it back.

Steave Wozniak

Co-founder, Apple

In January, the co-founder of Apple said that he got rid of most of his crypto-currency assets, because he is interested primarily in technology, and the movements of his courses only distract him.

At the same time, Wozniak never said how many bitcoins he owned. It is only known that he bought the crypto currency at the time when it traded at about $ 700 per 1 BTC.

Atlanta's computer network infected with Bitcoin ransomware

Hackers breached the governmental computer network in Atlanta to infect with ransomware and demand payment in Bitcoin
23 March 2018   119

Cryptocurrency ransomware of different flavors has been around practically as long as cryptocurrencies themselves. And now the city of Atlanta, US has come under the attack.

The governmental computer system has been infected by the ransomware virus early in Thursday, and this has caused a massive disruption in several departments. In particular the bill payments and court information services has been affected. Later in the morning several city employees found a ransom letter on their computers with demands for $51,000 in Bitcoin.

In the afternoon of the same day officials held a press-conference, but were unable to provide any particular information about the attack since the investigation was just commenced and in the early stages. The question whether or not they were going to pay the ransom were also left unanswered.

Atlanta is one the major economics hubs in the Southern US with several large international companies and the world's busiest airport located in the city. Apparently, the city officials have no qualms about going for all the available help in such a high-resonance case, hence the US Department of Homeland Security, the FBI and even the Secret Service authorities are now on the ground.

Of course, there is little chance of systems being unlocked even if the ransom is paid, the security experts say. So, the city is probably in for a long road to full recovery of its computer facilities. The officials have even started making plans in preparation for long and tedious recovery process.