The nomenclature used to help the layman understand Bitcoin makes lawmakers confuse it as money instead of entries in a database. We must change the terms.
Senators Cynthia Lummis and Kirsten Gillibrand will introduce the Responsible Financial Innovation Act for regulatory clarity for bitcoin and cryptocurrencies.
As Bitcoin continues to grow — and with it, the target on its back — bitcoin miners should be hyper-aware of third-party risks and attempt to mitigate them.
Federal authorities tracked down and seized more than 94,000 bitcoin allegedly stolen from Bitfinex. But how did they get their hands on the pseudonymous funds?
