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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Markets and Finance published this video item, entitled “JBS Paid $11 Million in Bitcoin to Hackers” – below is their description.
Jun.09 — JBS USA has confirmed it paid the equivalent of $11 million in bitcoin to hackers that targeted and crippled its business last week. Separately, U.S. regulators have slammed Colonial Pipeline Co.’s cybersecurity practices after it paid $4.4 million in bitcoin in its own ransomware attack. Bloomberg’s Kartikay Mehrotra reports on “Bloomberg Daybreak: Asia.”Bloomberg Markets and Finance YouTube Channel
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In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.