Quote from: Dyna on October 24, 2015, 04:34:51 AM

Quote from: KC on October 24, 2015, 03:34:46 AM

Quote from: HORT on October 24, 2015, 02:36:12 AM

Quote from: Bergman on October 23, 2015, 07:52:25 PM

Quote from: DNotes on October 23, 2015, 01:57:09 PM

All, here is this weeks bitcoin recap.

ACCC Investigating Australian Bitcoin Bank Account Closures
BitcoinPays OpenCart Plugin Enables Online Merchant Bitcoin Payments
DEA Agent Sentenced For Silk Road Corruption
Bi Wang Announces Bitcoin Miner and 14nm Chip for Consumers
Bitcoin Company Abra To Receive Investment from AmEx
Chinas CAC Proclaims Post-Bitcoin Era
Bounty Offered for Perpetrators of Bitcoin Ransom Demand
BnkToTheFuture to Help Launch Bitcoin Mining IPO
Deloittes Watts and Others Make Strong Case Against Premature Bitcoin Regulation

http://dcebrief.com/bitcoin-weekly-recap-10-23-2015/

Bravo, Aria. Bravo. Lol. The ransom article made my day. Gotta love the counter bounty approach. I hope they get him.

I am very cautious about this article. Doesn't it seem odd that a "hacker" would only demand $4,000 USD? That is nothing in reality. Hmmm, sounds quite fishy to me....something just doesn't sound right about this story. Remember, don't believe everything you read. Sounds more like a marketing ploy to me since finding the person(s) behind a DOS attack is quite impossible if they know what they are doing, hence the generous reward.

The Wall Street Journal did a story about this. The ransom demands are probably set so low to increase the odds that the victim will pay rather than deal with the hassle. A larger ransom would increase the chances of the police being called, and a refusal to comply with the demand.

[Suspicious link removed]j.com/articles/ransomware-a-growing-threat-to-small-businesses-1429127403

Like all such stories, it could be a ploy, but it is not exactly out of the ordinary. I'll give it the benefit of the doubt in this instance. Grin

Both arguments sounded reasonable. However, I am inclined to agree with KC. Playing the (small) numbers game to avoid being challenged or prosecuted is a old game of scam artists.

Meanwhile, I am left to wonder why the Wall Street Journal's website would be considered a "suspicious link." Huh