
65 of any currency doesn’t seem like a lot of money, but when you are dealing in the cryptocurrency Bitcoin, it adds up quick. One city on Florida’s Atlantic coast is finding that out the hard way after getting hit with a ransomware that stymied the city of 35,000 government’s ability to function. Let’s take a look at the situation that made the city’s leaders agree to pay hundreds of thousands of dollars to scammers.
You might remember Bitcoin, the cryptocurrency known for increasing the anonymity and privacy of transactions on the web. Bitcoin was gaining ground for a while, but a couple of key events left it in the dust, sinking to seeing use only as a currency used by hackers and criminals in online black markets. Now, however, it seems that Bitcoin is being used again, and with a few key innovations in how it’s spent, Bitcoin will continue to grow more popular as a payment option.
GRAND RAPIDS, MI, UNITED STATES, December 3, 2025 -- Preferred Communication Systems (Preferred), a leading provider of Managed IT and Cybersecurity services headquartered in Chicago, Illinois, proudly announced the acquisition of Business System Solutions’ (BSS) Grand Rapids location.
This strategic acquisition enhances Preferred’s presence in the Midwest and strengthens its commitment to helping small and mid-sized businesses achieve peace of mind and a better bottom line through technology.