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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts; Bitcoin Price Predictions
The U.S. Treasury Department's sanctions watchdog, the Office of Foreign Assets Control (OFAC), has blacklisted a bitcoin and an ether address linked to sanctions evasion. Plus, bitcoin (BTC) price predictions from ARK Invest and Matrixport.
SEC Filing Shows Tesla Lost $140M in Bitcoin Last Year
According to a Monday U.S. Securities and Exchange Commission (SEC) filing, Tesla lost over $140 million from its bitcoin (BTC) bets in 2022. "The Hash" panel discusses what this means for bitcoin's narrative as a safe haven asset.
Strike Extends Bitcoin Lightning Network-Powered Remittances to Philippines
Digital payments firm Strike is expanding its international money transfer service that runs on Bitcoin’s Lightning Network to the Philippines to tap into the country’s remittance market, which is one of the world’s largest. "The Hash" hosts discuss what this means for the future of bitcoin payments and crypto's use case as a potential tool for financial freedom.
The Debate Over NFTs on Bitcoin
"The Hash" panel discusses the debate around a newly-launched NFT protocol on Bitcoin and what this will mean for the Bitcoin ecosystem.
Bitcoin on Track for Best January Performance in a Decade
Bitcoin (BTC) is having its best start to the year since 2013 after jumping 40% this month amid weakness in the U.S. dollar. A Matrixport analyst said that 85% of the rally has been powered predominantly by U.S.-based buyers. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."
