A wallet that laid dormant for 10.3 years has suddenly sprung to life, transferring all 687.33 bitcoins, worth almost $44 million, on May 6, according to Lookonchain’s latest findings. The wallet in question had received the 687.33 BTC, valued at $630,000 at that time, on January 12, 2014, when bitcoin’s price was $917 and, interestingly,...Read More
On Feb. 23, Bitcoin historian and journalist Pete Rizzo shared five emails from 2008 and 2009 between cryptographer Adam Back and BTC creator Satoshi Nakamoto. The first one from August 2008 is a discussion on Bitcoin four months before its official launch. “I’m getting ready to release a paper,” wrote the elusive Satoshi, who referenced...Read More
The U.K. Supreme Court has rejected Craig Wright’s request to appeal a decision in his legal dispute with popular Bitcoin podcaster Peter McCormack, as reported by a lawyer on Thursday. The recent development seems to be another setback for the Australian computer scientist. Despite his persistent claims of being Satoshi Nakamoto, he has been unable...Read More
In the early hours of January 5, an intriguing Bitcoin transaction linked to Satoshi Nakamoto’s wallet stirred conversations in the community. An unknown user sent 26.9 BTC, valued at $1.17 million, to the Genesis wallet, the very first one ever created on the Bitcoin network. This transaction has sparked curiosity and speculation within the crypto...Read More
The identity of Satoshi Nakamoto is the most well-kept secret in the history of cryptocurrency. Throughout the years, several people have been considered as the possible inventor of Bitcoin. Several others, such as Craig Wright, have claimed to be the one in an attempt to profit off of the name. Others, such as Hal Finney...Read More
The social media account with the username @satoshi has recently broken its silence on X, marking its first post since 2018. This unexpected return has sparked curiosity and speculation within the cryptocurrency community, considering that “Satoshi Nakamoto” is the pseudonym attributed to the individual or group behind the creation of Bitcoin. Satoshi’s Account Resurfaces After...Read More
The largest cryptocurrency by market capitalization is pre-determined to have 21 million coins ever mined. Many BTC proponents believe this anti-inflationary feature should make the asset more scarce and valuable in time. The total amount of Bitcoin produced as of today stands at almost 19.5 million, with over 15% owned by ten individuals or organizations....Read More
The digital copy of Satoshi Nakamoto’s Bitcoin whitepaper was an Easter egg that was located earlier this month embedded within a test scanner app on macOS. But Apple has now removed it from the latest beta version of its operating system. With the removal of the test scanner app called Virtual Scanner II from the...Read More
Vitalik Buterin’s first tryst with the Bitcoin community dates back to 2011. He began participating in ‘Bitcointalk,’ a forum created by Satoshi Nakamoto. It was then that he co-founded and started writing articles for Bitcoin magazine. He began traveling to speak with BTC developers around the world in a bid to construct a new, potentially...Read More
The streak of bankruptcies and price declines has dampened glimmers of positive progress. But Bitcoin just turned 14 today. January 3 is known as Bitcoin Genesis Day for the first block of BTC ever mined by Satoshi way back in 2009, which paved the way for the cryptocurrency as we know it today. The first...Read More
In the final trial between Bitcoin proponent Peter McCormack and computer scientist Craig Steven Wright (CSW), UK High Court Judge Martin Chamberlain ruled that the former should pay a fine of $1.1 million. According to the court document, McCormack failed to prove that he was telling the truth when he labeled Wright a fraud. However,...Read More
After getting the axe from America’s largest bank, the infamous rapper Kanye West may be gravitating towards Bitcoin. The rapper has been spotted in multiple recent photos sporting a hat labeled “Satoshi Nakamoto” – the name of Bitcoin’s pseudonymous creator. Is Kanye a Bitcoiner? One of the photos was shared over social media on Sunday...Read More
For years, Australian computer scientist – Craig Wright – has claimed that he is the mythical figure who created Bitcoin. But according to the crypto community, the truth cannot be further away. The man’s credibility has taken yet another hit amid the latest lawsuit with his involvement. It cannot get more bizarre than this. Lack...Read More
Craig Wright – the self-proclaimed Bitcoin inventor Satoshi Nakamoto – only received £1 as the result of the defamatory case against crypto podcaster Peter McCormack, a well-known Bitcoin proponent who had called the computer scientist a liar on multiple occasions. U.K. High Court Judge Martin Chamberlain ruled in favor of Wright, stating that the crypto...Read More
Hong Kong’s Bitcoin Association was one of the first to celebrate Genesis Day as Asian markets awoke to begin the first trading week of 2022. The Association also added that it would be a good time to make sure that your Bitcoin is in a wallet that you control, referring to both public and private...Read More
Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his view, cryptocurrencies are not ideal, but they are “fundamentally better” than any other financial product. The entrepreneur once again claimed that Bitcoin’s main use case is a store of wealth, while Dogecoin is better suited...Read More
It is no secret that Satoshi Nakamoto, the father of Bitcoin, is still one of the biggest unsolved mysteries within the crypto space, as no one knows if the pseudonymous tag belongs to a single person or a group. A Final Message From Satoshi Interestingly, December 12, 2010, eleven years ago, was the last time...Read More
Concluding, after a conversation with Dr. Saifedean Ammous, that bitcoin is the “most disruptive technology against inflation,” the Canadian professor of psychology – Jordan Peterson – increased his BTC holdings. ‘Inflation Be Damned’ Jordan Peterson – a clinical psychologist and a famous YouTube personality – interviewed the author of “The Bitcoin Standard” – Dr. Saifedean...Read More
The Hungarian capital will immortalize the anonymous creator of Bitcoin by building a bronze statue of him. The designers of the project plan to put a hoodie on his head to represent his anonymity. A Statue of His Honor The secret identity of Bitcoin’s creator – with the pseudonym Satoshi Nakamoto – remains one of...Read More
Craig Wright’s legal attempts to sue a dozen developers working on the networks of Bitcoin, Bitcoin Cash, Bitcoin Cash ABC, and Bitcoin SV have been approved. By tapping a law firm called ONTIER, the self-proclaimed Satoshi Nakamoto will go after the developers to make them recover over $4 billion of BTC supposedly stolen from his...Read More
Paying homage to Satoshi Nakamoto and his message embedded in the Bitcoin Genesis Block in 2009, Coinbase has done the same today. On the day they’re set to become a publicly traded company, the exchange asked a large Bitcoin mining pool to embed a note in the Bitcoin blockchain in regards to the latest stimulus...Read More
Lawyers representing the self-proclaimed Satoshi Nakamoto, Craig Steven Wright, have sent letters to two websites, asking them to remove BTC’s whitepaper. While bitcoin.org has refused to do so, noting that these claims are meritless, bitcoincore.org has deleted the whitepaper. CSW Lawyers Demand BTC Whitepaper Removal Popular Bitcoin contributor, going by the nickname “Cobra,” who was...Read More
Bitcoins worth more than $11 million was moved in a single transaction yesterday, October 11th. Data from on-chain analytics providers reveals that the huge amount has been sitting idle for the past 10 years as this was the first time it was moved. Another Stack of Satoshi-era BTC Transferred Yesterday It appears that the transactions...Read More
Bitcoin worth roughly $500,000 was moved to one of Bitfinex’s hot wallets a couple of days back. This might seem like nothing but an ordinary transaction if it wasn’t for the fact that the BTC in question was mined back in May 2010, and it hasn’t been touched since. At the time, Satoshi Nakamoto, Bitcoin’s...Read More
Just months after making a grand entrance in the cryptocurrency space, the Barstool Sports Founder Dave Portnoy reaffirmed that he’s out of the field. In a recent podcast with Anthony “Pomp” Pompliano, the controversial day trader justified his exit by claiming that Bitcoin is a giant Ponzi scheme. Portnoy’s Controversial Bitcoin History Portnoy has become...Read More
When it comes to the question of mainstream or enterprise adoption of blockchain technology and Bitcoin, much of the discussion tends to focus on barriers such as scalability. However, a valid concern for any organization considering the use of blockchain in transaction processing is that of finality. You could think of a Bitcoin transaction like...Read More
One of the most popular supporters of Craig Wright has started filming a documentary aiming to prove that Wright is indeed the creator of Bitcoin. At the same time, Wright said in a recent interview that BTC HODLers are not using the asset properly as he envisioned, and he has returned to “make things right.”...Read More
Lawyers for the estate of Dave Kleiman claim Craig Wright and his ex-wife, Lynn Wright, again attempted to defraud the courts by lying about Ms. Wright’s role in her ex-husband’s former firm, W&K Info Defense Research. Craig Wright Contradicts Courts Again? Craig Wright’s counsel had built part of a legal argument on the claim that...Read More
Satoshi Nakamoto — the pseudonymous Bitcoin (BTC) creator — may have mined over 1.1 million bitcoins if the details from a recent report are to be believed. Early Bitcoin miners like Satoshi were able to use CPUs to secure the network during the project’s infancy. The $10.9B Satoshi Stash According to a report by Whale...Read More
Craig Wright, the man who claims to be Bitcoin inventor Satoshi Nakamoto, says Bitcoin is not and was never intended to be, censorship-resistant. According to Wright, who wrote in a blog post from July 10 titled What is Censorship Resistance, the common assumption that Bitcoin holders are protected from economic censorship is nothing but a...Read More
