Bitcoin Ransom Largely Recovered From Colonial Pipeline Hack

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By Rachel Curry Jun.8 2021, Published 10:28 a.m.ET Ransomware attacks have expanded during 2021 with the attacks on Fujifilm, JBS Meat , and—of course—the Colonial Pipeline .Even U.S.Deputy Attorney General Lisa Monaco said in an announcement from the Department of Justice, “Ransomware attacks have increased in both scope and sophistication in the last year—targeting our…

JBS paid $11 million in ransom after hackers shut down meat plants

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JBS, the world’s largest meat supplier, confirmed Wednesday that it paid the equivalent of $11 million in ransom to hackers who targeted and temporarily crippled its business.The company confirmed making the payment in a statement Wednesday, saying it did so after most of its plants started operating again last week.The company consulted with its own…

Coinbase Teams Up With 401(k) Provider to Offer Crypto – WSJ

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Cryptocurrency Comes to Retirement Plans as Coinbase Teams Up With 401(k) Provider Workers at participating companies could invest up to 5% of their account balances in cryptocurrency A small group of workers will find something new in their 401(k) plan starting in July: the option to invest in cryptocurrency.ForUsAll Inc., a 401(k) provider, announced earlier…

Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022

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Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022 Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit.Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.” Ethereum…

Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022 – Finance Bitcoin News

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May 12, 2021 Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit.Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.” Ethereum Options Volume Grows Exponentially, $50K Strike Flexes Muscle When it comes…

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