Kidnappers Now Accepting Cryptocurrencies

Cryptocurrencies promise to make all kinds of payments easier, including, it now appears, paying a ransom. In December the New York District Attorney announced an arrest in a kidnapping.  “This case demonstrates the increasingly common intersection between cyber and violent crime — the defendant is charged with coordinating an elaborate kidnapping, armed robbery, and burglary to gain access […]

How Volatile, Opaque Exchanges Make Bitcoin Expansion Unlikely

The U.S. government agency charged with ensuring market integrity and protecting retail investors from fraud and abuse expressed skepticism over whether Wall Street firms could ever issue a cryptocurrency exchange-traded fund (ETF) that would satisfy securities laws. A crypto ETF would greatly expand the pool of potential investors, creating liquidity that would make cryptocurrencies more […]