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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
Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.
Protocol Village: Algorand Foundation Positions New 'LiquidAuth' as Decentralized WalletConnect
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.
First Mover Americas: Germany Moves 750 BTC, Altcoins Bleed Liquidity
The latest price moves in crypto markets in context for June 26, 2024.
Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday
Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.
First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally
The latest price moves in crypto markets in context for June 25, 2024.
German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham
Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred to exchanges.
Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
The payments firm now operates in over 100 countries and territories globally.
Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns
The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July.
