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bitcoin

Greek Court Hears Extradition Case of Russian Bitcoin Fraud Suspect

A Greek court has opened the extradition hearing of Russian cyber crime suspect Alexander Vinnik, who is wanted in the United States on a $4 billion bitcoin fraud case. At the start of Friday's hearing in the northern city of...

US, Moscow Seek Russian Held in Greece Over Bitcoin Laundering

Moscow has requested the extradition of a Russian national who is also wanted in the United States, for laundering billions of dollars through a Bitcoin exchange he operated, a judicial source said on Tuesday. Alexander Vinnik, who headed BTC-e, an...

Russian Wanted by the FBI for Running Massive Laundering Ring Arrested in Greece

A Russian man was arrested in Chalkidiki, northern Greece, suspected by the U.S. authorities of running a multi-billion money laundering operation. According to Greek police, the 38-year old man was arrested at a luxury hotel where he was holidaying with...

Hackers of Greek Bank System Extend Ransom Deadline to Thursday

A group of hackers who had blackmailed the Greek banking system last week have given Greek banks three more days to meet their demands before they go through with their plan, according to Greek media reports. The team of hackers called Armanda Collective are asking...

Hackers Blackmail Greek Banks Demanding Bitcoin as Ransom

A special unit of Greece's National Intelligence Service (EYP) is investigating a racket of hackers who blackmail Greek banks, including the country's central bank, asking for bitcoin as ransom. According to information released by Greek Police, a group of hackers...

Greek Taverna Accepts Bitcoin for Payment

The taverna Angelos in the Haidari neighborhood of Athens is the first Greek restaurant that accepts bitcoin for payment. In fact, now that capital controls are imposed, the owner offers a 20 percent discount to customers who choose to...

First Bitcoin ATM in Greece Promises Limitless Transactions Amidst Capital Controls

The first 2-way bitcoin ATM was inaugurated in downtown Athens on Saturday at The Cube, a coworking space that houses several innovative startups. And many find that through this very ATM they can overcome Greece's capital controls. The 2-way (bitcoin...

The First 2-Way Bitcoin ATM Installed in Greece

The first 2-way bitcoin ATM in Greece will be inaugurated in downtown Athens on Saturday at The Cube. The Cube coworking space, or the Athens Startup Ecosystem as it is entitled, is a building housing several startups, providing space, computers, internet,...

Greeks Protect Their Money by Converting Them to Bitcoin

  The capital controls the Greek government has imposed have one loophole. Greeks can in fact withdraw their money if they are willing to convert their euros into bitcoin. The online currency has already become a popular option for Greeks over the last few months....

Yanis Varoufakis: "Greece Will Adopt the Bitcoin If Eurogroup Doesn't Give Us a Deal"

While Greece's lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the...