• Monero ransom
    Cryptocurrencies,  Technology

    Tale of $10M Monero ransom unravels as husband arrested for murder

    Now detectives think the Norwegian millionaire killed his elderly wife and demanded the untraceable crypto as a ruse. And the question of whether criminals are embracing privacy coins over Bitcoin got a little more murky

    Police investigating the disappearance of a woman in Norway have arrested her husband on suspicion of murder—and believe that the $10 million ransom in a privacy-focused cryptocurrency being demanded for her safe return was part of a “clear, planned deception.”

  • digital yuan rollout
    Asia & Australia

    Controllable anonymity: China goes full Orwell on digital yuan

    The head of the People’s Bank of China digital yuan project promises the central bank is ‘not seeking full control of the information of the general public’

    Here’s a beautiful turn of phrase from a Chinese central bank executive talking about its forthcoming national digital currency: “controllable anonymity.”

  • FBI Director Christopher Wray testifying before the U.S. Senate discussing Bitcoin on November 7, 2019 (screenshot via C-SPAN).
    United States

    FBI director passes on calling for cryptocurrency tracking law

    Christopher Wray avoided Mitt Romney’s question about tracking Bitcoin, turning instead to the need for messaging service ‘back doors’

    FBI Director Christopher Wray declined to swing at a gentle pitch over the plate for more regulation of cryptocurrency anonymity at a recent Senate Homeland Security hearing.