Can Bureaucrats Really Regulate Bitcoin?

Discussion about bitcoin regulation often resembles mixing oil and water. This becomes more apparent as governments and bureaucrats worldwide ponder how they can apply regulatory policy to bitcoin. As the cryptocurrency gains significant popularity, the question arises: 'Can bitcoin be regulated?' Also Read: American Black Cross Helps Political Prisoners With Bitcoin Lawmaker Nostalgia Towards Traditional Regulatory Policy 2016 was a remarkable year...

Localbitcoins’ Growth 85% 2016, Signaling Further Use of Bitcoin

For those interested in tracking the progress of bitcoin as a true form of money, an interesting data point to watch is the global Localbitcoins volume.  There are a variety of different metrics people use to track the adoption of Bitcoin. Some simply track the bitcoin price in terms of US dollars, while others prefer to watch the number of...

How to Protect Yourself From Ransomware

ransomware

The ransomware industry has exploded recently. Often, hackers demand bitcoin payments in order to restore computer systems. Bitcoin.com investigates what to do to prevent ransomware attacks. Also read: ‘No More Ransom’: A Summer Ransomware Project by Tech Security Giants  2016 'The Year of Ransomware' A report by McAfee Labs published in December revealed that the number of new ransomware samples totaled 3,860,603 in the...

Bitcoin’s Quirky Genesis Block Turns Eight Years Old Today

genesis block

Today is the eighth anniversary of the bitcoin genesis block, and a lot has happened since the digital currency's birth. The genesis block was the starting point for the bitcoin blockchain on its path to becoming a revolutionary network for peer-to-peer transfers of value. Also read: Meet Tumblebit: The Unlinkable Payment Hub The Genesis Block On January 3rd, 2009 Satoshi Nakamoto unleashed...

Academia Revolts Against Copyright with help from Bitcoin-Fueled Alternative

Scientists in multiple nations might be forced to turn to piracy in order to maintain their research in 2017, and bitcoin is helping to make it possible. Also Read: 'As If Identity Was The Goal': Antonopoulos Slams Blockchain KYC Scientists Increasingly Call For Open Access Access to journals from Dutch publishing giant Elsevier was cut December 31 for scientists in Germany, Peru...

The Bitcoin Constellation Is Bigger Than Most Realize

constellation

When most people think of bitcoin, they look at the price and its billion dollar market capitalization. However, bitcoin’s ecosystem is bigger than most people can imagine with its constellation of significantly growing micro-economies. Since bitcoin’s inception over the years, the cryptocurrency has created a massive economy of people who work directly with this protocol every day. This includes miners,...

Bitcoin Games Paid 80 BTC in Jackpots Since October

Just a few months ago Bitcoin.com revamped its Bitcoin Games portal bringing fantastic casino classics to our website. In the last three months our games have paid out over 80 BTC in wins and the high stakes action continues to pay out more players daily. Also read: Big Names Gather When TNABC Comes Back to Miami Bitcoin Games Pays Out Over $77...

Why Volume Is Exploding at Mexican Bitcoin Exchange Bitso

The peso has steadily declined in the past three years and today sits at twenty-to-one to the dollar amid a period of economic uncertainty. In a nation of 120 million, 80 million lack access to basic financial services; that is, no banking and no credit. Mexico does, however, have 100 million cell lines. 80 percent of the phones sold...

US Government Escalates Push for Post-Quantum Cryptography

US government

Federal agencies of the US government are expanding their calls for quantum computing resistant encryption methods. In effect, the National Institute of Standards (NIST) recently announced a request for public-key post-quantum algorithms. This action follows warnings from the National Security Agency (NSA) about the risks of potential quantum-based cyberattacks and the NSA’s appeal for developing post-quantum algorithms. Also read: New Developments...

A Look At Bitcoin Bubbles, When Will the Next One Be?

bubble

There have been four noteworthy bubbles in bitcoin’s life when the price exploded after rising slowly. Being speculative in nature, the bubble may soon burst, sending the price crashing down before settling at a range above the pre-bubble level. Bitcoin.com examines past bitcoin bubbles and explores when the next one could be. Also read: China has been leading the latest bitcoin...