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Saturday April, 21st 2018

Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it^s shutting down. In a release on its website the platform said the shutdown is attributed to "continuous bad press" surrounding the platform, two cease and desist letters from both Texas and North Carolina^s securities boards, and continuous DDoS attacks on the platform. While the platform says they^re refunding all outstanding loans at a rate of $363.62 USD (an average of the token^s price over the last 15 days), the Bitconnect token is currently trading down ~80% and worth less than $40, so while users may have been made whole on a BCC-equivlent, many are certainly suffering severe financial losses in terms of USD or Bitcoin (which is how they made their original investment). Many in the cryptocurrency community have openly accused Bitconnnect of running a Ponzi scheme, including Ethereum founder Vitalik Buterin. The platform was powered by a token called BCC (not to be confused with BCH, or Bitcoin Cash), which is essentially useless now that the trading platform has shut down. In the last The token has plummeted more than 80% to about $37, down from over $200 just a few hours ago.
A widespread cyberattack on Jan. 18 left more than 1,000 Allscripts users without access to critical functionalities, including electronic prescribing for controlled substances. 
Even as the Chicago-based technology vendor worked to bring services back online, users and others remained concerned about keeping their data safe.
One has even taken legal action. In a proposed class-action lawsuit, Surfside Non-Surgical Orthopedics alleged that Allscripts didn^t sufficiently monitor its cloud-based data systems to protect its clients^ data from the attack.
For many clients, the concern was tangible as they recovered from days without access to patient records through the vendor^s electronic health record software. For others, the concern was more theoretical, though no less real, since malware continues to become more widespread.


U.S. and British officials warned that infected routers could be used to launch future offensive cyber operations.
Ciaran Martin, chief executive of the British government’s National Cyber Security Centre cyber defense agency, who added that "millions of machines" were targeted.