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Bitcoin Heist Review

Who Pulled Off The Biggest Bitcoin Heist In History?

Who Pulled Off The Biggest Bitcoin Heist In History?

Who Pulled Off the Biggest Bitcoin Heist in History? Inside the mystery of how Mark Karpels and his Mt. Gox company lost almost $500 million in cybercurrency. Even in the midst of hell, it all depends on how much Bitcoin youve got. That would be modern version of an old Japanese saying () but it still holds hold true. Bitcoin is worth a lot of money and that can open many doors. Bitcoin was supposed to be to currency what the internet was to information: liberating. In neither case did it quite work out that way. In February of 2014, we had no idea what Bitcoin was but with the collapse of what was the worlds largest bitcoin exchange, Mt. Gox , in Tokyo, suddenly my writing partner, Nathalie-Kyoko Stucky and I needed to know a lot about itvery quickly. And then in March, when we had to chase Newsweeks dubious expose on the mythological creator of the cyber currency, Satoshi Nakamoto , The Banksy of Bitcoin we found ourselves knee deep in BTC (bitcoin)and here we are today. And were still learning. This book, which originated from over two years of reporting on Bitcoin for The Daily Beast, is the summation of what we learned. Pay The Devil In Bitcoin is a dense, darkly humorous primer on Bitcoin, Japan, and the real world chaos the virtual currency stirs up. Its also the story of the extremely lucky and also unlucky Mark Karpels , and his motley crew who created Mt. Gox, which made the currency takeoff and later would bring the value crashing down. In 2014, the exchange collapsed with nearly half a billion dollars worth of bitcoin missing, perhaps the greatest bitcoin heist in history. If it was a heist In just under a 110 pages, follow the virtual money as it is created and then sought by by hucksters, hackers, cyber criminals, drug dealers, corrupt federal agents, eva Continue reading >>

Blu-ray Review: Bitcoin Heist Is Too Clever For Its Own Good

Blu-ray Review: Bitcoin Heist Is Too Clever For Its Own Good

Hackers have become the bank robbers in the new world of crypto-currency. In order to catch the most wanted hacker, The Ghost, an Interpol special agent assembles a team of thieves to plan the ultimate heist. But as any good criminal knows, there is no honor among thieves. Bitcoin Heist is an amalgamation of Oceans Eleven and Now You See Me 2, movies that I thoroughly enjoyed but where this film falls down, is not knowing what genre it wants to be. It starts off as an action movie, then turns into a buddy-cop flick, and then a heist movie, followed by betrayal and ultimately, revenge. Director Ham Tran desperately wants his movie to be an assortment of various shooting styles, from American to Tsui Hark and early John Woo but it fails BECAUSE of this aspect. By all means, mix your story up, baffle the viewer, but by the end of your story, you need to explain everything that has transpired. Here, Ham Tran delivers moments of brilliance but the film is let down by the constantly expanding story exposition which steadily increases with each new scene, filling the script to capacity and eventually, causing it to buckle under its own weight. Sometimes, less is more. For those not familiar with Bitcoin, it is a new currency that was created back in 2009 by an anonymous source using the alias Satoshi Nakamoto. There are no middlemen (banks) and no transaction fees and because of this, it is considered illegal in many countries. In Bitcoin Heist, a hacker known as The Ghost, is stealing bitcoin currency from banks and wealthy people. After a transaction meeting between a prospective client and Ky (Veronica Ngo), an assassin who works for the Ghost, goes horribly wrong, Ky manages to escape along with the Ghosts accountant, Phc (Thanh Pham). With her bitcoin wallet intact but h Continue reading >>

Film Review: 'bitcoin Heist' (vietnam, 2016) | East Winds Film Festival

Film Review: 'bitcoin Heist' (vietnam, 2016) | East Winds Film Festival

Film Review: Bitcoin Heist (Vietnam, 2016) 650 497 East Winds Film Festival East Winds Film Festival With regular Hollywood moviegoers, the heist film is nothing new, with films such as such as Inception (2010), Now You See Me (2013),Thieves (2012). However, this genre is not so touched upon by Vietnamese filmmakers. Ham Tran, influenced by his experience of filmmaking in the US, delivers to us Bitcoin Heist as he gives Vietnamese cinemas the rhythm of a Hollywood action. The subject of virtual currency is largely unfamiliar to most cinema audiences. Tackling the topic of high-tech crime, the film revolves around Dada, played by Kate Nhung, a specialist breaking the virtual money trade. The film starts by introducing bitcoin, that it is a non-transactional virtual currency that does not require real names, everyone can buy bitcoin in real money, it can be used to buy other items or even buy and sell on the stock market like stocks. Bitcoins versatility makes them a target of international criminals to buy real money or force Internet users to pay for free access. Dada must rely on the help of Phuc, Jack, Lohan, and Linh, as the squad has to steal a ring containing the QR code, which is responsible for triggering the bitcoin deal for international money launderers in the hands of the Ghost crime boss. Kate Nhungs performance shines through as she transforms herself into a cold-faced scarecrow, acting decisively and somewhat cruelly as shes that driven. From the outset, the films sounds and visuals captivate, borrowing energy from Hollywood action styles, with shots delivering a captivating element you would not necessary expect for a film about digital currency. With fast pacedaction scenes, kinetic camera shots and a punchy soundtrack in a style reminiscent of films su Continue reading >>

Bitcoin Heist | Easternkicks.com

Bitcoin Heist | Easternkicks.com

Vietnams very own version of Oceans Eleven Probably one of the most Hollywood-like productions coming out of Asia, Bitcoin Heist is a film destined to succeed, at least commercially. Special agent Dada is set on catching Interpols most wanted hacker, an individual who calls himself The Ghost, and has made a fortune in Bitcoins, through ransomware. She orchestrates a large operation targeting two of Ghosts associates, his accountant named Phuc and one of his henchwomen, Ky. The mission goes horribly wrong, ending up with Ky and a number of police officers dead, and Phuc in custody. Furthermore, during the operation, a hacker ends up in a coma after he succeeded in stealing 30.000 bitcoins from Kys phone. His sister, Vi, also a hacker, barely survives and has to tend to her brother. Dada decides to go after The Ghost without the help of the police and in that purpose, she assembles a group of skilled thieves and criminals of every kind to help her. The team includes Jack Magique, a professional magician and pickpocket, but also her former boyfriend; a forger named Luhan and his little daughter Linh, who has acrobatic skills and is also a thief; Phuc and Vi, who is set on revenge for her brother. Their target is Thomas, a Korean-German bon viveur, whom they have identified as The Ghost. All of them together conceive an intricate plan in order to surpass his safety measures and receive proof of his wrongdoings. Ham Tran directs, pens, and edits a film very similar to Oceans Eleven, both in script and aesthetics, with the obvious purpose of commercial success. In that fashion, the script entails sexy women with guns, handsome protagonists, some comic relief scenes, a cute girl, gunfights, a boat chase, explosions, a plot twist, some romance, and a little drama, in a true pa Continue reading >>

Bitcoin Heist (2016) Directed By Ham Tran Reviews, Film + Cast Letterboxd

Bitcoin Heist (2016) Directed By Ham Tran Reviews, Film + Cast Letterboxd

Feels like a foreign version of the Ocean's movies because this is every bit as slick, outlandish, and fun as those. However, the writing here is less than stellar, the comedy scarcely works, the plot is predictable at best, and some of the editing/sound design can be very distracting and annoying. They clearly only have an inkling of an idea of what a Bitcoin actually is, but it doesn't really matter. In fact, at times it feels like a parody of itself. Bitcoin Heist is an enjoyable heist movie without many dull moments. It's on Netflix, so check it out! Bitcoin Heist is a movie that surprisingly doesn't mention the word "blockchain" even once, but features a "League of Legends champion" who is also a hacker. To be absolutely clear: in no way is this a good movie. The action, the heists, and all the product placement are really dumb and low-budget, and the plot is more often confusing than clever. Despite that, it's easy to enjoy and laugh at all the little surprises and twists it managed to pack in. It has that Bad Boys 2 quality of going places when you least expect it. Totally a drunk movie night kind of watch. Feels like a foreign version of the Ocean's movies because this is every bit as slick, outlandish, and fun as those. However, the writing here is less than stellar, the comedy scarcely works, the plot is predictable at best, and some of the editing/sound design can be very distracting and annoying. They clearly only have an inkling of an idea of what a Bitcoin actually is, but it doesn't really matter. In fact, at times it feels like a parody of itself. Bitcoin Heist is an enjoyable heist movie without many dull moments. It's on Netflix, so check it out! Continue reading >>

North Korea Is Suspected In Bitcoin Heist

North Korea Is Suspected In Bitcoin Heist

North Korea Is Suspected in Bitcoin Heist Pyongyangs hackers turn to cryptocurrency and banks as Kim regime hunts for funds SEOULInvestigators in South Korea are looking into North Koreas possible involvement in a heist from a bitcoin exchange that collapsed here on Tuesday, according to people familiar with the situation, as the sanctions-choked regime develops new ways to raise money. The investigation into the hack of Seoul-based exchange Youbit, led by South Korean law enforcement and a state cybersecurity agency, is still in its infancy and a review of the malware code could take weeks, the people said. What You Can Buy With Bitcoin: A $10 Pizza for $76 Bitcoin is a virtual currency, but very few people use it to actually pay for things because of transaction fees and its rising value. WSJ's Thomas Di Fonzo takes to the streets of New York to try to spend bitcoin at brick-and-mortar establishments. Copyright 2018 Dow Jones & Company , Inc. All Rights Reserved.

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  • Review Times Suspect In Icelands Big Bitcoin Heist Escapes Prison

    Review Times Suspect In Icelands Big Bitcoin Heist Escapes Prison

    Suspect in Icelands Big Bitcoin Heist escapes prison REYKJAVIK, Iceland A prisoner in Iceland suspected of masterminding the theft of about 600 computers that were being used to mine bitcoin and other virtual currencies escaped custody and fled Tuesday on a passenger plane that a witness said also carried the remote North Atlantic nations prime minister. Police said surveillance footage showed a suspect they identified as Sindri Thor Stefansson boarding a flight to Sweden at Icelands international airport in Keflavik. They said he traveled under a passport in someone elses name. He had an accomplice, Police Chief Gunnar Schram told Visir, an online news outlet in Iceland. We are sure of that. Investigators think Stefansson left the low-security prison where he recently had been transferred through a window early Tuesday. Guards did not report him missing until after the flight to Sweden had taken off. Stefansson was among 11 people arrested earlier this year for allegedly stealing the powerful computer in Icelands biggest thefts. The stolen equipment, which still is missing, has been valued at almost $2 million. Icelandic media have the case the Big Bitcoin Heist. If the stolen equipment is used for its original purpose to create new bitcoins the thieves could turn a massive profit in an untraceable currency without ever selling the items. The escaped prisoner was being held at the Sogn prison in rural southern Iceland, located some 59 miles from the airport. The prison is unfenced and inmates there have telephone and internet access. Stefansson had been in custody since February. He was moved to the open prison 10 days ago, police said. A passenger on the flight that the escaped inmate allegedly caught to Sweden told national broadcaster RUV that Icelands prime minist Continue reading >>

    Alleged Bitcoin Heist Mastermind Escapes From Iceland Prison, Goes To Airport And Flies Away

    Alleged Bitcoin Heist Mastermind Escapes From Iceland Prison, Goes To Airport And Flies Away

    Alleged bitcoin heist mastermind escapes from Iceland prison, goes to airport and flies away Sindri Thor Stefansson was one of 11 people arrested for allegedly stealing 600 computers used to mine the cryptocurrency bitcoin. Computer rigs that run around the clock 'mining' bitcoin inside the Genesis Mining cryptocurrency mine in Keflavik, Iceland. Associated Press/Egill Bjarnason Prison breaks, in the movies at least, usually involve digging with MacGyvered tools or rappelling down walls using ropes fashioned from bedsheets, but one man didnt need any of the classic escape techniques when he broke out of a rural low-security prison in Iceland on Tuesday. Officials said Sindri Thor Stefansson, who is suspected of orchestrating one of the biggest heists Iceland has ever seen, simply climbed out of a window, according to the Guardian. This 2014 photo made available by The Reykjavk Metropolitan Police shows Sindri Thor Stefansson. The Reykjavk Metropolitan Police via Associated Press After fleeing the prison, Stefansson traveled about 60 miles to Icelands international airport in Keflavik, where he allegedly boarded a flight to Sweden on the same plane reportedly carrying the countrys Prime Minister Katrn Jakobsdttir, according to the Iceland Review. The coincidence, based on an account by a passenger, has not been confirmed by authorities. RUV, an Icelandic news site, published a surveillance camera image it said was Stefansson, wearing a black baseball cap and jacket, casually strolling through the airport, suitcase in tow. By the time guards realized he was gone, Stefansson was at 35,000 feet and on his way to freedom, according to the BBC. Police believe Stefansson used a plane ticket under another name, but said it was unlikely he had to present a passport at the airpo Continue reading >>

    Bitcoin Heist (2016) Review

    Bitcoin Heist (2016) Review

    Bitcoin Heist | Blu-ray & DVD (Well Go USA) Cast: Kate Nhung, Thanh Pham, Petey Majik Nguyen,Suboi, Jayvee Mai, Lam Thanh My, Teo Yoo, Veronica Ngo Before we get to talking about what kind of movieBitcoin Heistis, Im going to start off the same way that the film does by attempting to explain what bitcoins are. Bitcoins are a digital currency with no central repository and no national fingerprint. Its a peer-to-peer exchange system with a public digital ledger that all users are expected to help maintain. Bitcoins are encrypted and untraceable, as far as I understand, and are a favorite form of currency on the Dark Web for hackers and all manner of other secretive professions. Bitcoins are flashy, mysterious, and new to the general public. And were just starting to hear more about Ransom Ware and the Dark Web this year in the news. All three of these new internet-based concepts figure into the Vietnamese thrillerBitcoin Heist. And in that respect, I gotta give writer/editor/director Ham Tran (Journey from the Fall) some credit, because hisBitcoin Heistmakes pretty good use of the new tech to tell his story. With the exception of perhaps TVsMr. Robot, Im unaware of other dramas that have featured the tech so prevalently for storytelling purposes. Its the sort of thing you can imagine Hollywood couldve gotten on top of, thrown an A-List movie star on the poster, and called it topical and timely. InBitcoin Heist, a dangerous Dark Web millionaire known as the Ghost is being tracked by Detective Dada (Kate Nhung). She manages to catch the Ghosts accountant, Phuc (Thanh Pham), but not without getting into a shootout that claims the lives of multiple officers and suspects. The police chief who is also Dadas dad takes her badge and gun, saying it was a meaningless sacrifice con Continue reading >>

    Bitcoin Heist (siu Trm)

    Bitcoin Heist (siu Trm)

    Bitcoin Heist is a fast-paced, action-packed, tech-based feature film that focuses on the new cryptocurrency known as bitcoin. In order to catch Interpols most wanted hacker who calls himself The Ghost, special agent DaDa (Kate Nhung) assembles a team of expert criminals to carry out the ultimate heist. The lineup includes: Jack Magique (Petey Majik Nguyen), a street magician and master pickpocket; Luhan (Jayvee Mai The Hiep) and Linh (Lam Thanh My), a father and daughter grifter duo; Vi (Suboi), a League of Legends champion, manga fan, and expert hacker; and Phuc (Thanh Pham), a skinny accountant who works for The Ghost. Phuc has agreed to work with the police in exchange for protection against his notorious employer, a Korean-German tech industrialist playboy (with ties to the mafia) named Thomas Nam (Teo Yoo). There is more than meets the eye, however, in the world of The Ghost, since any smart criminal knows that there is no honor among thieves. Award winning director Ham Trans (Journey from the Fall) new flick from Vietnam is groundbreaking, in that it is filled with great special effects and advanced technology. With a mixture of Mission Impossible and Oceans 11, Ham Trans Bitcoin Heist is packed with daring stunts and unpredictable plot twists that transform this heist-film into a high-stakes rollercoaster enterprise. In attendance: Anderson Le (Producer) and Suboi (Actress) Born in Vietnam, Ham Tran immigrated to the United States as a refugee in 1982. Tran received his MFA in Directing from the UCLA School of Film and Television. His short films The Prescription and Pomegranate were both finalists for the Student Academy Awards, and his thesis film The Anniversary was on the Top Ten for the 2004 Academy Award for the Best Live Action Short Film. Trans first fu Continue reading >>

    North Korea Is Suspected In Bitcoin Heist

    North Korea Is Suspected In Bitcoin Heist

    North Korea Is Suspected in Bitcoin Heist Pyongyangs hackers turn to cryptocurrency and banks as Kim regime hunts for funds SEOULInvestigators in South Korea are looking into North Koreas possible involvement in a heist from a bitcoin exchange that collapsed here on Tuesday, according to people familiar with the situation, as the sanctions-choked regime develops new ways to raise money. The investigation into the hack of Seoul-based exchange Youbit, led by South Korean law enforcement and a state cybersecurity agency, is still in its infancy and a review of the malware code could take weeks, the people said. What You Can Buy With Bitcoin: A $10 Pizza for $76 Bitcoin is a virtual currency, but very few people use it to actually pay for things because of transaction fees and its rising value. WSJ's Thomas Di Fonzo takes to the streets of New York to try to spend bitcoin at brick-and-mortar establishments. Copyright 2018 Dow Jones & Company , Inc. All Rights Reserved.

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  • Bitcoin Heist: 600 Powerful Computers Stolen In Iceland

    Bitcoin Heist: 600 Powerful Computers Stolen In Iceland

    Bitcoin heist: 600 powerful computers stolen in Iceland REYKJAVIK, Iceland (AP) Some 600 computers used to "mine" bitcoin and other virtual currencies have been stolen from data centers in Iceland in what police say is the biggest series of thefts ever in the North Atlantic island nation. Some 11 people were arrested, including a security guard, in what Icelandic media have dubbed the "Big Bitcoin Heist." A judge at the Reykjanes District Court on Friday ordered two people to remain in custody. The powerful computers, which have not yet been found, are worth almost $2 million. But if the stolen equipment is used for its original purpose to create new bitcoins the thieves could turn a massive profit in an untraceable currency without ever selling the items. "This is a grand theft on a scale unseen before," said Olafur Helgi Kjartansson, the police commissioner on the southwestern Reykjanes peninsula, where two of the burglaries took place. "Everything points to this being a highly organized crime." Three of four burglaries took place in December and a fourth took place in January, but authorities did not make the news public earlier in hopes of tracking down the thieves. Bitcoin is a kind of digital money that isn't tied to a bank or a government. It has been hugely volatile, posting some dizzying intra-day rises and falls over the past year or so. The price of a single bitcoin rocketed to nearly $20,000 late last year and then plunged early this year. On Friday, it was trading just below the $11,000 mark. Bitcoin and other cryptocurrencies rely on the blockchain, the name given to the public, distributed ledgers which track the coins' ownership. The Bitcoin ledger is powered by "miners," so-called because they throw computational power into the system, occasionally rec Continue reading >>

    Cryptocurrency News: Big Bitcoin Heist And Merriam-webster Legitimacy

    Cryptocurrency News: Big Bitcoin Heist And Merriam-webster Legitimacy

    Cryptocurrency news: Big Bitcoin Heist and Merriam-Webster legitimacy The stolen computers could be used to mine virtual currency. (Source: VentureBeat) A seemingly coordinated series of burglaries has taken place in Iceland leading to the loss of around US$2 million worth of computing equipment used to mine Bitcoin. The thefts actually occurred back in December and January, but they have only just been reported as Icelands police did not want to reveal details until their investigation had been completed. An estimated 600 devices were taken. Are you a techie who knows how to write? Then join our Team! Iceland has become known for its numerous Bitcoin/cryptocurrency mining data centers that are dotted around the Nordic island. The country is able to produce large amounts of cheap renewable energy, which has attracted virtual currency (VC) mining companies because of the amount of energy required in the task of digging out digital tokens. Thieves targeted a number of operations and carried out four separate burglaries that snagged hundreds of pieces of equipment with an estimated value of around US$2 million. Eleven people have been arrested in connection to what the local press have been calling the Big Bitcoin Heist . Although the equipment has not yet been recovered, it is believed officials are monitoring energy usage around the country in case of unexpected spikes that could indicate the stolen computers are being used for mining purposes. In other VC news, the word cryptocurrency itself has just been accepted into the Merriam-Webster dictionary, where it can enjoy legitimacy alongside other newly added words such as schnoodle, glamping and embiggen. Continue reading >>

    Cryptocurrency News: Big Bitcoin Heist And Merriam-webster Legitimacy

    Cryptocurrency News: Big Bitcoin Heist And Merriam-webster Legitimacy

    Cryptocurrency news: Big Bitcoin Heist and Merriam-Webster legitimacy The stolen computers could be used to mine virtual currency. (Source: VentureBeat) A seemingly coordinated series of burglaries has taken place in Iceland leading to the loss of around US$2 million worth of computing equipment used to mine Bitcoin. The thefts actually occurred back in December and January, but they have only just been reported as Icelands police did not want to reveal details until their investigation had been completed. An estimated 600 devices were taken. Are you a techie who knows how to write? Then join our Team! Iceland has become known for its numerous Bitcoin/cryptocurrency mining data centers that are dotted around the Nordic island. The country is able to produce large amounts of cheap renewable energy, which has attracted virtual currency (VC) mining companies because of the amount of energy required in the task of digging out digital tokens. Thieves targeted a number of operations and carried out four separate burglaries that snagged hundreds of pieces of equipment with an estimated value of around US$2 million. Eleven people have been arrested in connection to what the local press have been calling the Big Bitcoin Heist . Although the equipment has not yet been recovered, it is believed officials are monitoring energy usage around the country in case of unexpected spikes that could indicate the stolen computers are being used for mining purposes. In other VC news, the word cryptocurrency itself has just been accepted into the Merriam-Webster dictionary, where it can enjoy legitimacy alongside other newly added words such as schnoodle, glamping and embiggen. Continue reading >>

    Review: Bitcoin Heist (vietnam, 2016)

    Review: Bitcoin Heist (vietnam, 2016)

    Explore and connect the world through a cinematic lens "Bitcoin Heist" is an action-packed digital heist movie that showcases Vietnam's modernity. Truth be told, Bitcoin Heist is the first Vietnamese movie Ive seen. Despite having a population of 90 million, Vietnam has only recently started making blockbusters that can hold their own against imports, thanks in part to returning diaspora talent. Bitcoin Heist appears to be part of that trend. Helmed by Vietnamese-American director Ham Tran, the film is a rollicking action-thriller that showcases a vibrant, modern Vietnam in the process. Bitcoin Heist is like a combination of Oceans Eleven and Now You See Me, but with bitcoin. The films main character is Dada (Kate Nhung), an Interpol agent who assembles an unconventional team of criminals in order to nab a digital currency-laundering mobster called The Ghost. Dadas team includes a middle-aged forger and his cat-thief daughter, a mob accountant, a female hacker/pro-gamer (played by rapper performed for Barack Obama), and a flamboyant magician/pickpocket (played by Vietnamese-Australian Petey Majik Nguyen, whos an actual magician). You definitely dont need to be a digital currency enthusiast or even know what bitcoin is to enjoy Bitcoin Heist. If anything, the usage of bitcoin as a plot device is more a signal of the films aspirations at modernity. Such aspirations are, intentionally or not, reflective of Vietnams own. After three decades of economic liberalization and socialist-oriented market economy, Vietnam is starting to imagine itself within the same club as economically ascendant, technologically advanced Asian countries like South Korea, Japan, and Taiwan. Being a member of this club requires a certain level of cultural sophistication, a certain cosmopolitan life Continue reading >>

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