According to Bleeping Computer, the recent $1 million ransom payment made by a South Korean web hosting provider last week has led to an outbreak of other digital ransom threats in the country. Seven banks in the country have received emails in which ransom payments of over $300,000 are demanded in relation to DDoS threats.

According to the Phoenix New Times, an Arizona brain scientist has been indicted for allegedly operating an illegal money transmission business with a local bitcoin trader. The man, Peter Steinmetz, was also arrested while in possession of an AR-15 at Phoenix Sky Harbor International Airport in 2014.

Over at Business Insider, an exploration of the usefulness of bitcoin for people in the country of India has been published. In the opinion piece, the increased interest in bitcoin from the younger generations is said to have increased since demonetization took place.

According to PC Gamer, Sapphire has produced graphics cards that are aimed at the cryptocurrency market rather than gamers. All but one of the new graphics cards do not include any display outputs.

Bitcoin developer Jimmy Song has published an explanatory article on the hard fork portion of the SegWit2x proposal on his Medium blog.

Image from Pixabay.