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Bitcoin (Currency)

Iranians Accused in Cyberattacks, Including One That Hobbled Atlanta

Two Iranians were behind the ransomware attack that crippled Atlanta’s government for days this year, the Justice Department said in an indictment unsealed on Wednesday, detailing a sophisticated scheme of attacks on hospitals, government agencies and other organizations. The men, Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri, chose targets …

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5 Reasons Cryptocurrency Prices Are Plunging Again

SAN FRANCISCO — The news on Wall Street this week has been bleak: sharp declines, fears of a bear market and high-flying technology stocks that suddenly took a tumble. Traditional stock investors may be taking a beating, but they should be glad they didn’t put their money in cryptocurrencies. As …

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Bitcoin’s ‘First Felon’ Faces More Legal Trouble

SAN FRANCISCO — Over the last year, Charlie Shrem, a 28-year-old Bitcoin investor, has bought two Maseratis, two powerboats — one of them 32 feet long — and a $2 million house in Florida, along with smaller pieces of real estate. In the world of cryptocurrencies, where millions can be …

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A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada

STOREY COUNTY, Nev. — An enormous plot of land in the Nevada desert — bigger than nearby Reno — has been the subject of local intrigue since a company with no history, Blockchains L.L.C., bought it for $170 million in cash this year. The man who owns the company, a …

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