Florida city pays $600k Bitcoin ransom – June 21

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Current Bitcoin Price$9915

Overall the market is up just under 5%. Bitcoin is up a little more than 5%, while Ethereum and XRP are up 7.5% and 3.5% respectively. Litecoin, Bitcoin Cash, EOS, and others are all up by a few percent; Tether and LEO Token are the only top-20 coins in the red.

Top Stories for 21st June 2019 🔥

👉 Florida city pays $600k Bitcoin ransom

Two weeks ago, an employee of a Florida police department opened a malicious email. This allowed hackers to install ransomware that took over the city’s computer systems.

The hackers have demanded a ransom of $600 thousand. Just today, the city caved, paying the ransom to regain access to their systems.

👉 QuadrigaCX CEO lost 200m trading user funds

QuadrigaCX was the Canadian cryptocurrency exchange which went defunct earlier this year when CEO Gerald Cotten passed away in India, taking all access to the exchange’s funds with him.

However, new reports suggest that the CEO traded and lost more than 20,000 Bitcoin of user funds before passing away. This equates to more than $200 million at today’s prices.

👉 Crypto market cap surpasses $300m

Hurray! The total market capitalization of the cryptocurrency market has just surpassed $300 million.

A Reddit user notes that the last time this happened, the market reached a $600 million capitalization in just two weeks.