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Ryuk ransomware earns hackers $3.7M in Bitcoin over 5 months

Monday, January 14, 2019, 5:48 PM

According to security firms CrowdStrike and FireEye, 'Ryuk' ransomware has produced nearly $3.7 million (Rs.26 crore) in Bitcoin across 52 transactions since August 2018. Ryuk, which generally targets enterprises, begins its attack by infiltrating target's systems with TrickBot malware via methods like spam email. It then attacks systems critical for target's business operations and demands ransom.
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Bitcoin plunges 10 percent as December rout continues to drag down cyptocurrencies

Friday, December 7, 2018, 9:12 AM

As of Asia's Friday morning trade, bitcoin had fallen more than 10 percent against the U.S. dollar in 24 hours, marking another recent pluge for the world's largest cryptocurrency. Bitcoin traded at $3,330.28 as of 10:40 a.m. HK/SIN (9:40 p.m. ET on Thursday), falling 10.25 percent over the last 24 hours, according to data from industry site Coindesk.
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Bitcoin falls over 7%, heads towards one-year low

Friday, November 30, 2018, 7:05 PM

Bitcoin fell as much as 7% on Friday, heading towards a recent one-year low in a broad-based sell-off in cryptocurrencies. The worlds biggest and best-known cryptocurrency fell to $3,920.35 in late morning trade, heading towards a September 2017 low of $3,474.73 hit on Sunday. Other cryptocurrencies including Ethereum's ether and Ripple's XRP also weakened. Bitcoin and other cryptocurrencies have been mauled in recent weeks.

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