Bitcoin has long had a poor reputation. On the dark net it has been used to buy drugs and arms. Its reputation is improving, however, and it is now being used for legitimate transactions as well.
After surging through the $5,000 level last week for the first time, bitcoin seems to have left behind a summer of uncertainty. But can the virtual currency sustain its record run amid increasing government regulation?
Bitcoin has long had a poor reputation. On the dark net it has been used to buy drugs and arms. But its reputation is improving and it is being used for legitimate transactions as well.
With new coins released daily, the heated cryptocurrency market has finally gained the attention of US regulators. Yet with all the adrenal highs and lows, it continues to challenge the rules of investment.
If you were a wannabe hacker, here's how you'd use bitcoin to hold internet users to ransom. But be warned: You'd probably get caught - especially if you made mistakes like the WannaCry hackers.
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