Top Stories World 

Bitcoin to ‘soar to $60k’ before ‘Russia and China engineer crash’, Saxo Bank predicts

The cryptocurrency will continue to rise “during most of 2018” peaking at an eye-watering £45,000 ($60,000) until Moscow and Beijing begin a crackdown on digital currencies, according to Saxo Bank. Cryptocurrency experts made the forecast as part of the company’s “outrageous predictions” for 2018, events the Danish bank says are “highly unlikely” but “with under-appreciated potential” to send shockwaves through financial markets. As of 3pm GMT on Saturday, December 16, bitcoin is valued at $18,504 according to CoinDesk.  Saxo Bank predicts it will soar to its peak as investors become…

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Top Stories World 

North Korea has stolen MILLIONS in cryptocurrencies, spy agency reveals

GETTY It comes after experts revealed Kim Jong-un could be making a fortune with Bitcoin It comes after experts revealed Kim Jong-un could be making a fortune with Bitcoin’s record-breaking surges using North Korean hackers to circumvent the sanctions placed on the despotic regime as the dictatorship continues its nuclear weapons programme. The £5.17million ($6.99million) includes operations that saw thefts from Yapizon, now called Yobit, and Coinis in April and September – both are exchanges of cryptocurrencies. The Chosun Ilbo, a South Korean newspaper, stated that the £5million in cryptocurrencies…

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Top Stories World 

North Korea cybercrime gang chases Bitcoin as price surges to £13,000

The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group’s activities. The Lazarus cybercrime group is mounting an ongoing scheme to steal the online credentials of bitcoin industry insiders, a report published by researchers at US cyber security firm Secureworks’s Counter Threat Unit (CTU) said. Cybersecurity firms including Secureworks suspect North Korea to be behind the Lazarus group, which they link to a £60…

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Top Stories World 

Prosecutors hope to cash in on $8.5M in bitcoin from opioid ring

SALT LAKE CITY — U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that’s exploded in value to about $8.5 million since the alleged ringleader’s arrest a year ago. The U.S. Attorney’s Office for Utah cites the digital currency’s volatility in court documents pressing for the sale. The bitcoin cache was worth less than $500,000 when Aaron Shamo was arrested on drug charges, but the value of the digital currency has skyrocketed since then. Bitcoin was created as a digital alternative to the…

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Science 

U.S. Prosecutors Are Rushing to Cash In on a Drug-Ring's Seized Bitcoins

(SALT LAKE CITY) — U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that’s exploded in value to about $8.5 million since the alleged ringleader’s arrest a year ago. The U.S. Attorney’s Office for Utah cites the digital currency’s volatility in court documents pressing for the sale. The bitcoin cache was worth less than $500,000 when Aaron Shamo was arrested on drug charges, but the value of the digital currency has skyrocketed since then. Bitcoin was created as a digital alternative to the…

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Technology 

Google’s top searches of 2017 were Hurricane Irma, Matt Lauer – CNET

Matt Lauer, who was fired from NBC’s “Today” show after allegations of sexual harassment, was one of Google’s top search queries of the year. Getty Images This was the year of #MeToo and hurricanes. And that was reflected in the way people searched for stuff online. Google said Wednesday that the two top trending topics of 2017 in the US were “Hurricane Irma” and “Matt Lauer.” In Google parlance, “top trending” means they had the highest spike in traffic over a certain period of time this year compared to last…

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Top Stories World 

Bitcoin SHOCK: Kim Jong-un ‘making a FORTUNE as North Korea hackers target record surge’

North Korean hackers have been targeting the successful digital currency in a bid to circumvent the sanctions placed on despotic regime as the dictatorship continues it nuclear weapons programme. Lee Dong-geun, a director with South Korea’s internet and security agency, said: “It is a fact that North Korea has been attacking virtual currency exchanges. “We don’t know how much North Korea has stolen so far, but we do know that the police have confirmed the regime’s hacking attempts.” According to police, North Korean hackers have targeted at least four different…

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Technology 

HACKER WARNING: Over a BILLION login and password details listed on the Dark Web

Login details, including username, password and e-mail credentials for some 1.4billion accounts, have been published in a database on the Dark Web. The staggering amount of sensitive information is available unencrypted and indexed alphabetically, so it is easy to access and search through. The data breach was discovered by security researchers at 4iQ, and the terrifying database on the Dark Web has a hefty 41GB file size. Cyber security experts 4iQ said the credential breach aggregated 252 previous breaches. It includes decrypted passwords from known previously breaches like LinkedIn as…

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Technology 

SEC chairman urges ‘extreme caution’ with cryptocurrencies – CNET

As investors go cuckoo for cryptocurrencies, the chairman of the US Securities and Exchange Commission is warning of the dangers associated with investing in virtual currencies such as Bitcoin, Ethereum and Litecoin. SEC Chairman Jay Clayton said Monday that cryptocurrency and initial coin offerings (ICOs) hold substantially less investor protection than traditional securities markets, creating an environment ripe for scams and market manipulation. He urged investors to weigh those risks before making an investment. “As with any other type of potential investment, if a promoter guarantees returns, if an opportunity…

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Top Stories World 

Bitcoin SHOCK: Russia backs cryptocurrency in bid to DODGE US sanctions

Major financial exchanges are set to launch bitcoin futures trading in mid-December, in a sign of the cryptocurrency’s shift to the mainstream. The move could prompt Russia to stop using the US dollar to trade crude oil, using cryptocurrency instead. US sanctions have hit Russia’s oil trade particularly hard, as oil is typically traded in dollars. However using decentralised cryptocurrencies such as bitcoin could decrease dependence on the dollar and allow countries such as Russia to prosper despite the sanctions. Stephen Brennock, an oil analyst at city broker PVM Oil,…

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