About This Source - DW News
DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.
Recent from DW News:
DW News published this video item, entitled “US Justice Department seizes Colonial Pipeline Bitcoin ransom | DW News” – below is their description.
The US Justice Department says it’s recovered most of the ransom paid by Colonial Pipeline when it was hit by a cyber attack last month. United States investigators said on Monday that they have clawed back millions in cryptocurrency paid as a ransom to hackers who shut down a key pipeline last month.
Deputy Attorney General Lisa Monaco said the US Justice Department had seized 63.7 Bitcoins, currently worth $2.3 million (€1.8 million), paid by the Colonial Pipeline company after a cyberattack last month led to massive shortages gas stations on the East Coast.DW News YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
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.
4 Recent Items: Bitcoin
In This Story: Cryptocurrency
A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.