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Tuesday 30 May 2023 Dublin: 8°C

# Bitcoin

Last year
2022
# crypto
US seizes $3.4 billion in bitcoin stolen from dark web marketplace Silk Road
The latest operation marks the Justice Department’s second-largest crypto seizure.
# cryptocurrency
Couple arrested as US seizes $3.6 billion of stolen bitcoin in record haul
The couple face up to 20 years in prison.
# Your Say
Poll: Have you bought any cryptocurrency?
Cryptocurrencies have soared in popularity in recent years.
# coining it
Ireland's advertising watchdog aware of 'increasing concern' over misleading cryptocurrency ads
Spain and the United Kingdom have both unveiled new rules aimed at tightening advertising standards for crypto-assets.
# cryptocurrency
Kosovo seizes hundreds of cryptocurrency mining devices
Police “confiscated 272 different anti-miner devices used for the production of Bitcoin”, a statement said.
All time
# Podcast
The Explainer: Why are you hearing so much about cryptocurrency?
Alpha Wealth’s Nick Charalambous and our own Ian Curran explain the highs and lows of crypto.
# cryptocurrency
Warning over 'get rich quick' scams involving cryptocurrencies
People are being conned out of up to €50k.
# Courts
Dublin man (21) jailed for role in online theft of more than $2 million worth of Bitcoin
Conor Freeman was jailed for just under three years today.
# Bitcoin
Twitter says hackers 'manipulated' employees to access accounts
More than $100,000 (€87,000) worth of the virtual currency was sent to email addresses mentioned in the tweets
# hack
'Tough day for us': Twitter CEO responds to large-scale hack
High-profile figures were hit by the security breach.
# Bitcoin
Barack Obama, Kanye West and Elon Musk among victims of widespread Twitter hack
The hack appears to suggest that those who donate bitcoins will have their donation doubled and returned.
# Extradition
Irishman facing more than 100 years in US prison over alleged Bitcoin hacking theft
Conor Freeman now faces extradition to the US over the alleged offences.
# Bitcoin
At least 3,226 user records compromised in Luas cyber attack
The records of those who had signed up for the Luas newsletter had been compromised, Transdev said this afternoon.
# actual fake news
Ray D'Arcy rubbishes fake news Facebook posts that say he 'invested $5 million in Bitcoin'
D’Arcy says he is bemused by the posts.
# not nice
South Korean swaps bitcoins for €2 million in fake notes
Once the transaction was completed in a hotel in the city of Nice, the South Korean realised the 500-euro notes he had been handed were photocopied fakes.
# cryptocurrency
Bitcoin heist: 600 powerful computers stolen in Iceland
Icelandic police arrested 11 people.
# global hack
Number of websites infected by cryptocurrency hack, Ireland's National Cyber Security Centre says
It said that there are no indications at this stage that members of the public are at risk.
# lloyds bank
Irish banks monitoring bitcoin buys on credit cards after UK bank brings in ban
The cryptocurrency has surged in value recently, but there are fears it’s on the verge of plummeting.
# crack the code
Bitcoin brain teaser: This cryptic painting just earned someone €40,000
The puzzle was created by crypto artists @coin_artist and Rob Myers in early 2015.
# crypto
This young scientist had to explain Bitcoin to Michael D Higgins
Turns out the President was up to speed on cryptocurrency.
# cryptocurrency
European police target Kinahan's hidden Bitcoin cash in Belgium and the Czech Republic
A Bitcoin ‘mine’ was discovered in a raid on the cartel last month.
# cryptocurrency
Volatile Bitcoin surpasses $11,000, before plummeting to $9,000 (and then rising again)
The CEO of JPMorgan Chase has called bitcoin a “fraud”.
# up and up
Online currency Bitcoin surges past the $10,000 mark for the first time
The unprecedented surge has worried analysts that the growth is a bubble.
Voices
Bitcoin's future: 'Remember many people saw the early internet as a toy that would never take off'
Some of the most talented software developers in the world are working on Bitcoin, writes John Gleeson.
# alpha bay
'Just a taste of what is to come': Worldwide operation shuts down two huge 'dark web' markets
Underground websites AlphaBay and Hansa Market had tens of thousands of sellers.
# coining it
Explainer: What is Bitcoin, and why is it making headlines again?
Mark Karpeles, former CEO of collapsed Bitcoin exchange MtGox, went on trial this week over the disappearance of hundreds of millions of dollars worth of the virtual currency.
# held to ransom
'This was an international attack': NHS plunged into chaos in large-scale cyber hack
Theresa May has said the cyber attack wasn’t specifically targeting the NHS.
# Under Pressure
How students at Irish universities are buying unprescribed 'study drugs' to deal with exams
“Once I sat in the library for 13 hours straight and didn’t even take a break. I did my thesis in one whole night.”
# disappearing act
Bitcoin plunges as $65m of the currency disappears in a major hack
The volatile cryptocurrency lost more than 20% of its value after the breach.
# On the up
Now could be a good time to keep an eye on bitcoin again
The currency is now valued at €477 per coin, matching the valuation it had back in August 2014.
# backing out
Bitcoin's alleged inventor says he doesn't have 'the courage' to prove his claims
Craig Wright said he would offer “extraordinary proof” to support his claims, but said he’s “not strong enough for this”.
# outed
An Australian inventor has revealed himself as the creator of Bitcoin
But Craig Wright says he doesn’t want fame or fortune – he just wants to be left alone.
# Australia
Police raid home of possible bitcoin founder
The property was searched just hours after reports identified the possible founder of the controversial cryptocurrency.
# bitcoin-ing it
Special agents probing the Silk Road drug website allegedly helped themselves to Bitcoin
Two agents have been charged with stealing the online currency after Silk Road was seized by the FBI.
# End of the road
The man behind the Silk Road drug website could spend the rest of his life in prison
He adopted the name Dread Pirate Roberts and was accused of brokering over $200 million in drug deals.
# credit check
These Trinity students think they may have solved the Bitcoin problem
Critics say that the digital currency lacks transparency – and a group of students have been trying to fix that.
# spend spend spend
The first major tech company to accept Bitcoin payments isn't Google or Apple
Those in the US can now purchase goods from Microsoft’s Windows and Xbox stores using the cryptocurrency.
# Tor
Worldwide crackdown on 'dark net' leads to 15 arrests (and two in Ireland)
An investigation coordinated by Europol covered the United States and 16 countries in Europe.
# Baby Steps
PayPal opens its doors (slightly) to bitcoin payments
The company has teamed up with three bitcoin payment processors, allowing sellers to accept bitcoin as payment for digital goods.
# new challenger
Explainer: Why the new challenger to Bitcoin is worth keeping an eye on
The new currency has been backed by Stripe, founded by the Limerick brothers Patrick and John Collison, but is it worth taking note of?