Paying the ransom was the "quickest and most efficient way" of regaining access to the affected systems, hospital president said.
The former Secret Service agent who was caught stealing bitcoins during the Silk Road case appeared to be fleeing the country ahead of a nearly 6-year sentence.
The 10 men, all in their 20s and with Dutch nationality, were arrested in coordinated raids at 15 locations across the Netherlands.
'The fundamentals are broken and whatever happens to the price in the short term, the long-term trend should probably be downwards,' developer wrote.
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'Mike Tyson's Digital Wallet' is a mainstream service that lets consumers buy and sell bitcoin at any bitcoin ATM.
The latest name to float to the surface in the hunt for Satoshi Nakamoto is Craig Steven Wright, an Australian entrepreneur and academic.
EU interior and justice ministers will gather in Brussels on Friday for a crisis meeting in the wake of the Paris attacks.
The last time the cryptocurrency was priced this high was in July.
The European Court of Justice ruled the virtual currency can be treated in the same way as traditional money.
A bitcoin startup called Circle Internet Financial is now permitted to offer digital currency services in the state.
The digital currency has the same designation as gold or oil.
A judge ruled that bitcoins don't have the 'tangible qualities' needed to constitute owned property by Japanese law.
Hundreds of millions of virtual currency dollars are missing.
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Plus: CitiGroup dips its toe in Bitcoin's pond and how Elon Musk's money is being used to protect AI from obliterating humanity.
is a decentralized digital currency that can be exchanged directly from peer to peer created by an unknown person who went by the alias “Satoshi Nakamoto” who published the bitcoin payment system in 2009. Some of the advantages of using bitcoin is that purchases can be made without any middle men or transaction fees and can be made anonymously.
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© 2016 Entrepreneur Media, Inc.