Bitcoin bulls may have to wait 22 years for the cryptocurrency to return to all-time highs

Bitcoin has rallied more than 40% year to date, taking the controversial cryptocurrency above $5,000, though the reasons for the price spike are not immediately clear. Despite the recent rally, the broader collapse of the cryptocurrency has largely followed the path of previous bubbles, according to data compiled by UBS analyst Kevin Dennean. As shown […]

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Mysterious Message From Space Leaves Clues to $1 Million Bitcoin Bounty

A Twitter user has received a mysterious message via the Blockstream satellite detailing a hunt for $1 million in Bitcoin. According to the correspondence, hunters must find 400 of 1,000 cryptographic keys to unlock the treasure. Each of the first three keys has been hidden at four different GPS coordinates and is available to anyone […]

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How a Bitcoin mining ban in China could impact BTC’s price and security

China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC. China Dominates Cryptocurrency Mining China is the world’s largest manufacturer of Bitcoin ASICs and specialized […]

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Japan’s Biggest Railway Company Is Looking to Accept Cryptocurrency Payments

Japan’s biggest railway and subway operator, the Japan Railways Group (JR Group), is reportedly looking to add cryptocurrency payment options for its users, in a move that could see millions of Japanese individuals use cryptos to pay for transportation. According to mainstream commercial news network ANN News, the JR Group could establish cryptocurrency payment options […]

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Bitcoin Merchant Adoption Stagnates, But Switzerland is Reviving Payment Narrative

In 2017, the store of value narrative surrounding Bitcoin and its astronomical rise to $20,000 solidified the “hodl” meme in retail investors, causing them to spend their crypto less often in fear of missing out on incredible gains. With less people spending their Bitcoin, merchant adoption came to a screeching halt. Since then, a number […]

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Anti-Bitcoin Banker Says Banks Shouldn’t Create Tokens

Agustin Carstens, the general manager at the Bank for International Settlements, said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. In the past, Carstens has called Bitcoin “a bubble, a Ponzi scheme and an environmental disaster.” He […]

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NIST encryption for quantum defense, IoT security

While true quantum computing is still decades away, the federal government is already preparing to defend its IT assets and equipment from the threat. The National Institute of Standards and Technology has spent much of the past year evaluating 69 algorithms for its Post Quantum Cryptography Standardization program, a 2016 project designed to protect the […]

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