Remove 2018 Remove Digital Currency Remove SDN
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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

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Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

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Thanks To Ransomware, Bitcoin Leaves A Bad Taste In Corporates’ Mouths

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Between 2018’s fourth quarter and 2019’s first, the average cost of a ransomware attack spiked by a whopping 89 percent to $12,762. As a result, the DOJ, for the first time , placed information about digital currency wallets on its Specially Designated Nationals (SDN) and Blocked Persons list.