Cryptosat Launches Satellite With Cryptographic Storage

The Department of Justice on Tuesday advised fiscal institutions about investing in virtual currency like Bitcoin, saying that culprits are using the new technology to censor plutocrat and dodge law enforcement.

The agency said it was concerned about a swell in deals involving Bitcoin and other virtual currencies, which aren't backed by any government or central bank but are traded online. The DOJ said it was also concerned about the potentially unrecoverable nature of some deals involving Bitcoin and other virtual currencies.

Bitcoin is a type of digital currency that has gained fashionability over the once many times as a way to change plutocrat without involving banks or other third parties. But it's been blamed for being vulnerable to fraud and theft, commodity that expanded last week when hackers stole further than$ 65 million from Japanese cryptocurrency exchange Coincheck. The company did not have proper safeguards in place to help hackers from gaining access to its computers, police said Tuesday after arresting two men who allegedly helped carry out the hack.