How an oil pipeline hack sent bitcoin prices tumbling ...News

Russia Today - Economy
How an oil pipeline hack sent bitcoin prices tumbling
source : Russia Today ( News ) () 31
Bitcoin slid more than 10% on Tuesday as news of an FBI seizure of bitcoin funds circulated on social media, exposing a potential security breach in the world’s most “secure” form of payment. Bitcoin slid to $31,662 on Tuesday morning after the US Department of Justice said the FBI had seized $2.3 million in bitcoin from the ransomware attackers that had taken control of a computer network at Colonial Pipeline—the largest oil and gas pipeline in the United States. Colonial Pipeline had paid the ransomware attackers known as DarkSide just a day after the attack. The amount of the payment was 75 bitcoin, of which 63.7 bitcoin were recove

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