Morning Scan: Bitcoin and Ransomware; Steven Cohen Buys Into Square

Receiving Wide Coverage …

Blame it on bitcoin: Bitcoin may be fueling the recent surge in ransomware attacks, which have quadrupled in the past year to about 4,000 a day, according to the U.S. Department of Justice, “Attacks spiked this year amid the growing use of bitcoin and improved encryption software,” the Wall Street Journal said. “Bitcoin is now the preferred payment method of most ransomware infections because it allows users to send and receive money…

TheBitcoinNews.com – leading Bitcoin News source since 2012