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AT&T reportedly paid a Hack er 5.7 Bitcoin s worth $373,646 to film themselves deleting tens of millions of customer phone calls and texts stolen from the US-based telecommunications giant. The company revealed on Friday that the data of “nearly all” of its 109 million AT&T Wireless customers was stolen by the ShinyHunters crypto ransomware group in April through its account at cloud data firm Snowflake. According to WIRED, a 5.7 bitcoin transaction took place on May 17. This was confirmed by the head of global investigations for the crypto-tracing firm TRM who added that the money was being laundered through various crypto exchanges and wallets.   WIRED reports that the Hack ers had originally demanded $1 million before AT&T negotiated to bring the ransom down to less than $400,000.  Snowflake student data seller lowers $2M bitcoin ransom demand to $150K Read more: Compound Finance and Celer Network websites compromised in ‘front-end’ attacks Accordin...

Metaplanet, a Japanese firm, increases Bitcoin holdings with $2.5M purchase. Metaplanet now holds 203,734 BTC, acquired at $62,000 per Bitcoin on average. This latest acquisition brings Metaplanet’s total Bitcoin holdings to an impressive 203,734 BTC. In a bold move amidst fluctuating cryptocurrency markets, Metaplanet, a publicly-listed investment and consulting firm based in Japan , has purchase d of 42,466 BTC, equivalent to approximately $2.5 million. The company disclosed that these bitcoin s were acquired at an average price of around 10 million yen per BTC, roughly translating to $62,000 per Bitcoin. This purchase marks a continuation of Metaplanet’s strategy to diversify its investment portfolio into digital assets despite recent price declines in the cryptocurrency market. Metaplanet optimistic of Bitcoin’s growth prospects Founded with a mission to explore innovative investment opportunities, Metaplanet has emerged as a promine...

Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first peer-to-peer (P2P) bitcoin exchange, Local bitcoin s, is ending operations after over ten years in the business. The exchange announced the news on its website, stating that new sign-ups will be suspended as of Feb. 9, 2023, and trading will be suspended seven days later, on Feb. 16. Following the suspension of trading, Local bitcoin s users will only be able to withdraw their bitcoin s and have 12 months to do so. “Originally Local bitcoin s was established to bring bitcoin everywhere and drive global financial inclusion,” the company stated on Thursday. “We have ...