Bitcoin often gets a very bad reputation because of its association with criminal activity. While no one can deny criminals have shown a clear bias toward cryptocurrencies, there is much more to Bitcoin than just that. Even so, a recent cyber attack affected the Luas website shows hackers aren’t done with making Bitcoin ransom demands just yet.
Every time a website is hacked and/or information is stolen in the process, there is a genuine chance Bitcoin will play a role of importance sooner or later. In most cases, the culprit simply demands a Bitcoin ransom to leave systems or data alone. In other instances, the stolen information is sold on the darknet in exchange for Bitcoin or potentially other cryptocurrencies.