• Bitcoin fund Capitol riots
    Bitcoin,  Politics

    Chainalysis asks: Did Bitcoin fund the Capitol riots?

    The leading blockchain intelligence firm found $500,000 in Bitcoin transferred to key alt-right members a month before followers stormed the halls of Congress

    A month before a mob stormed the U.S. Capitol building on Jan. 6, an extremist sent $522,000 in bitcoin to nearly two dozen far-right leaders, including white nationalist streamer Nick Fuentes and the Daily Stormer, a Neo-Nazi website, according to blockchain intelligence firm Chainalysis.

  • ransomware hackers demand bitcoin for sex toy
    adblock,  Bitcoin,  Technology

    Hackers demand $700 bitcoin ransom for man’s “family jewels”

    Hackers took control of an app-controlled, internet-of-things connected male chastity device in an attempt to obtain a ransom, according to a report

    According to a Jan. 11 report, hackers took advantage of a known cybersecurity vulnerability in the software of a “smart” sex toy, hoping to effectively hold the man who used the device hostage, by locking him in the chastity device.

  • Human trafficker caught using Bitcoin
    Bitcoin

    Human trafficker caught after using Bitcoin to launder blood money

    Another criminal has been arrested after the authorities followed the data trail left behind by the Bitcoin he is suspected of using to launder money

    Ignacio Santoyo—an alleged Mexican human trafficker said to have blackmailed and sexually exploited 2,000 women—was captured after authorities tracked the Bitcoin (BTC) that he used to launder his ill-gotten gains.

  • Chainalysis goes unicorn
    Cryptocurrencies,  Regulation

    Chainalysis goes unicorn

    The blockchain intelligence firm’s latest fundraising round valued it north of the VC magic number: $1 billion

    Along with cryptocurrency exchanges and financial firms, Chainalysis' bitcoin and cryptocurrency tracking tool have been used by law enforcement agencies including the FBI, IRS, and U.S. Department of Homeland Security in a number of high-profile cases, including the closure of the largest-ever child pornography ring, “Welcome to Video.” Other cases included operations targeting bitcoin fundraising by terrorist groups Al-Qaeda and Hamas.