Archive | ukraine

Will Legalization of Bitcoin Ukraine & European Governments Trigger Price Increase?

Local Russian and Ukrainian sources including RIA Novosti have revealed that three major lawmakers within the Ukrainian parliament have disclosed a total holding of $45 million in bitcoin. The report of RIA Novosti came shortly after the announcement of the National Bank of Ukraine to fully regulate and legalize bitcoin and other cryptocurrencies. Ukrainian regulators, […]

Alleged Distributor of NotPetya Ransomware Arrested in Ukraine

The NotPetya ransomware attack has caused damages on a global scale. No country was more affected than Ukraine, which is home to many ransomware types discovered throughout 2017. Local police officials have arrested a 51-year old man on suspicion of spreading the ransomware known as NotPetya. Although the arrest took place nearly a week ago, the […]

The World’s First Ransomware Class-Action Lawsuit Is Taking Shape

Most people will remember the NotPetya ransomware outbreak from a few weeks ago. One of the things that became immediately obvious was that most of the victims of this ransomware were located in Ukraine. It now turns out that one local firm may face legal action as a result of damages caused by this malware.  NotPetya Ransomware […]

150 Bitcoin ATMs Coming to Ukraine

150 Bitcoin ATMs will be installed in Ukraine this year, including 20-30 machines set to be installed on the streets of Kiev, the capital city of Ukraine, by the end of the summer. Also read: Coinbase Reverses – Plans to Allow Bitcoin Cash Withdrawals in January 2018 Approximately 20-30 Cryptomat Bitcoin ATMs (BTMs) will be installed […]

Bitcoin Ransomware Education – PSCrypt

Ukraine is now a hotbed for testing new types of ransomware. Several types of malware have attacked computers across the country over the past two months. One of those ransomware strains goes by the name of PSCrypt. Even though this malicious tool has been around for some time now, we still know very little about […]

WannaCry Clone Marks the Fourth Major Ransomware Attack Against the Ukraine in two Months

While most people have all but forgotten about the WannaCry ransomware attack, residents of the Ukraine are dealing with a clone of this destructive malware. More specifically, it is one of the many ransomware campaigns targeting Ukraine specifically, which is quite problematic. This new clone does not have an official name yet, but it shows […]