Thomas M

A national address to El Salvador's citizens saw a first today: a president conducting a tutorial on how to use a Bitcoin wallet. And not any Bitcoin wallet: as Bukele announced previously, the Salvadoran government is working on a wallet application for the country to support the addition

China is busy banning Bitcoin — again. The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the

China's crackdown on Bitcoin mining is beginning to materialize as restrictions expand to the Sichuan province, one of the main regions used for Bitcoin mining in the country. On Friday, the Sichuan Provincial Development and Reform Commission issued a joint notice with the Sichuan Energy Bureau demanding the

Historically, one of the most prominent attack vectors cryptocurrency exchanges have had to deal with were their hot wallets — wallets connected to the internet that hold a certain amount of funds to provide instant liquidity to users in the event of rapid influx of deposits or withdrawals. Being online most

The World Bank will not help El Salvador with its implementation of Bitcoin as legal tender. "We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a spokesperson from the World Bank is quoted saying, according to a Reuters report. The

The Lightning Network's bitcoin capacity has never been higher than it is today. Over 1,512 bitcoin are now locked up in Lightning channels; 60% more than a year ago. In U.S. dollar terms, that's just shy of $60 million, which, while lower than the

In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began

The U.S. Federal Investigation Bureau (FBI) was able to recover part of the ransom paid by Colonial Pipeline, the operator of the fuel distribution company that fell victim to a hack shutting down one of its key sites in the country in May. 63.7 bitcoin or approximately $2.