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Tag Archives: Bitcoin News

BTC Rallied as Microsoft Outage Occurred Worldwide

An outage took over Microsoft-based machines on Friday, rendering numerous industries like aviation, railways, and finance dysfunctional or functional at limited capabilities. It happened as CrowdStrike, a cybersecurity firm, released a new update, which went bad. No hackers were involved in the mishap. With that, BTC rallied to over $67,000, starting the day at around $64,000, marking a 5.5% increase in 24 hours. Simultaneously, BlackRock’s spot BTC ETF, the Ishares Bitcoin Trust (IBIT),...

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Hackers Trying to Brute Force Their Way into Mt. Gox Accounts Amidst Repayments

Mt. Gox creditors reported hackers trying to log into their accounts multiple times, with the defunct exchange sending them notifications through numerous failed attempts. As the exchange began paying its creditors, cybercriminals focused on breaking into their accounts to siphon large sums of bitcoin and Bitcoin Cash. Reddit users on the r/mtgoxinsolvency subreddit posted their experiences, confused about what to do now that they experienced the hacking attempts. User u/ovkovk posted, “Just...

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