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In wild crypto week, bitcoin gains and grabs bigger market share

Sunday, August 11, 2019, 7:09 PM

In another wild week for digital assets, Bitcoin extended its dominance, grabbing a greater share of the cryptocurrency market as most alternative coins declined. Bitcoin now makes up close to three-quarters of the entire crypto universe, according to data from Its market capitalization is above $211 billion, 10 times that of the next-largest digital asset, Ether.
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Florida city gives in to $600,000 bitcoin ransomware demand

Friday, June 21, 2019, 11:22 AM

Florida's Riviera Beach has agreed to pay a ransom of $600,000 worth of Bitcoin to hackers who have its systems hijacked for the past several weeks. A police department employee had opened a malicious email that allowed hackers to inject the city's network with malware. Notably, Maryland's Baltimore city also recently faced similar ransomware asking for about $76,000 in Bitcoin.
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Bitcoin extends losses, down more than 20% to below $6,300

Friday, May 17, 2019, 11:00 AM

The price of bitcoin sank almost 20 percent on Friday, an abrupt move after a strong recovery in the crypto-currency in recent weeks that took it to 10-month highs. Bitcoin fell to as low as $6,178 at Bitstamp exchange, down 21.6 percent from the previous close and last stood down 7.8 percent at $7,266.

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