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Andre Correa

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Understanding Bitcoin - the virtual currency of choice for cybercriminals and terrorists

Posted by Andre Correa on Dec 18, '15

Bitcoin is a decentralized, P2P network-based virtual currency that has only grown in popularity and controversy since its creation in 2008.  It is believed that more than 100,000 legitimate businesses accept Bitcoins and 95 percent of all cryptocurrency transactions utilize BTC.

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Topics: DDoS, Fraud, Crimeware, Ransomware, Bitcoin

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The PhishLabs Blog is where we share our insights and thoughts on cybercrime and online fraud.

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