Florida

Florida Is Creating Its Own Crypto Czar

Florida's chief financial officer has created a new "crypto czar" to oversee regulation of the cryptocurrency and ICO space.

This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida

This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in FloridaA notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and […]

The post This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida appeared first on Bitcoin News.

Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud

Floyd Mayweather-Backed ICO Co-Founders Arrested for FraudIn what is turning into a real cautionary tale for the cryptocurrency community about the need to be wary of celebrity’s power, along with skepticism about most initial coin offerings (ICOs), the US Securities and Exchange Commission (SEC) announced an ICO endorsed by champion boxer Floyd Mayweather has officially been deemed a fraud. Also read: Trezor […]

The post Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud appeared first on Bitcoin News.

Judge Backs FTC Asset Freeze in Crypto Fraud Case

U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.

Bitcoin Ransomware Attack Halts Major American City’s Government and Police

Bitcoin Ransomware Attack Halts Major American City’s Government and PoliceMany government services in Atlanta, Georgia, a major metropolitan US city, were brought to a halt this week. Ransomware appeared on municipal computers, urging a payment of $51,000 in equivalent bitcoin, otherwise vital city functions would be shut down. The hackers made good on their threat, and services all over the city were impacted, including […]

The post Bitcoin Ransomware Attack Halts Major American City’s Government and Police appeared first on Bitcoin News.

US Trade Regulator Shuts Down Crypto Investment Scheme Promoters

A U.S. district court has issued a restraining order against four individuals accused of operating a string of cryptocurrency investment schemes.

Florida Gov’t Agency Employee Arrested For Mining Crypto Using Dept. Computers

Department of Citrus employee arrested in Florida for unlawful crypto mining on the department’s computers. #NEWS

Florida State Citrus Employee Arrested for Mining Cryptocurrencies

Florida State Citrus Employee Arrested for Mining CryptocurrenciesThis week a government employee working for Florida’s Department of Citrus (FDoC) was arrested for purported cryptocurrency mining using the department’s computers. According to the Florida Department of Law Enforcement (FDLE) agents, the IT manager mined BTC, LTC, and other digital currencies. Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% Mining Cryptocurrency […]

The post Florida State Citrus Employee Arrested for Mining Cryptocurrencies appeared first on Bitcoin News.

Florida State Employee Arrested for Allegedly Mining Crypto at Work

A state employee at Florida's Department of Citrus has been arrested for allegedly using official computers to mine bitcoin and litecoin.

Craig “Satoshi” Wright Sued for Billions

Craig “Satoshi” Wright Sued for BillionsForget the debate about whether bitcoin is a store of value or a currency. What everyone can agree upon is that it is a store of drama. And where there is drama in bitcoin over the last couple of years, Australian computer guru Craig Wright is often in the thick of it. Filed on Valentine’s […]

The post Craig “Satoshi” Wright Sued for Billions appeared first on Bitcoin News.

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