Bitcoin Cannot be Banned, But Can it Be…?
On Tuesday, Senate Banking Committee Chairman Mike Crapo said that the US couldn’t technically ban Bitcoin, given that it is a global innovation. However, in theory, there does exist...
US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech
Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U.S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With...
US Gov’t Returns Bitcoin Retrieved From 2016 Heist to Bitfinex
Bitfinex has received roughly 28 BTC from U.S. federal law enforcement agencies in a rare example of the U.S. government returning stolen bitcoin that were retrieved from the...
Why Atlanta’s $50k Ransomware Threat Turned into a $2.6 million Cybersecurity Upgrade
March this year saw the US city of Atlanta faced with a ransomware attack. Even though the hackers didn’t get away with their $50k in bitcoins, the city did pay over $2.6 million to...
Trump Administration Considering Regulating Bitcoin
As Bitcoin and other cryptocurrencies continue to rise in both value and popularity, national governments are starting to scrutinize them more. Case in point is that the Trump...
Using Backdoors for Government Surveillance is “A Stupid Idea”.
The US government is looking for ways to obtain more sensitive personal information from its citizens. To do so, a proposal was made a few weeks ago to have companies build in a...
Cleaning house: Federal government dismantling Silk road 2.0
“ We were aware that some criminal elements were focusing in on creating a next gen version of the Silk Road.“ the FBI stated to Bitcoinist a couple days ago. “Like all new...