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Colonial Pipeline
Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request
Russia’s top domestic intelligence agency says REvil, the Russia-based ransomware group tied to the Colonial Pipeline attack, has “ceased to exist” after it arrested 14 alleged members of the criminal organization last week. CoinDesk’s Nikhilesh De discusses the latest global policy and regulation and what this could mean for ransomware attacks in 2022.
Almost $7M in Bitcoin Held by Colonial Pipeline Attacker Is on the Move
Elliptic has linked the activity to ransomware group REvil, with which DarkSide has close ties, being hacked and forced offline by a U.S. government-led operation.
SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization
Asheesh Birla, the general manager of RippleNet at Ripple, discusses the impact of Ripple’s ongoing case with the SEC on its business. “We welcome thoughtful, proper regulation, and I think that’s been missing,” Birla said, on the need for more regulatory clarity.
El Salvador's Challenges Implementing Bitcoin as Legal Tender
Luke Stokes, of the Foundation for Interwallet Operability, recently visited El Salvador as part of a delegation of crypto entrepreneurs looking to expand bitcoin adoption in the Central American country. He joins "All About Bitcoin" to discuss the key findings from his trip. He also explores El Salvador's potential challenges and outlook of implementing bitcoin as legal tender.
Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack
Joseph Blount, the CEO of Colonial Pipeline, is testifying before Congress Tuesday over his company’s decision to pay an estimated $5 million in bitcoin to the ransomware hackers.
Biden's National Security Adviser Sees Crypto Role in Cyberattacks as Priority for G-7, NATO
Jake Sullivan said the "cryptocurrency challenge ... lies at the core" of ransomware attacks.
How Did Federal Officials Recover $2.3M in Bitcoin Paid to Colonial Pipeline Hackers?
Department of Justice and FBI officials say they recovered $2.3 million in bitcoin (BTC) Colonial Pipeline paid to a criminal outfit during a ransomware attack. Nikhilesh De, CoinDesk's Global Policy and Regulation Managing Editor, is looking into how the funds were recovered.
State of Crypto: Ransomware Is a Crypto Problem
The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.
CEO of Colonial Pipeline to Face Congress Grilling Over Bitcoin Ransom
The CEO will face the Senate Homeland Security Committee to explain the reasoning behind his decision to pay a $4.4M bitcoin ransom.
Federal Officials Recover Bitcoin Ransom From Colonial Pipeline Attack
Colonial paid $4.4 million in bitcoin after its systems fell victim to a ransomware attack last month.
