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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
Protocol Village: Fleek Network Claims Faster Edge Computing Than AWS, Vercel
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
Bitcoin ETFs Break Volume Record Led by BlackRock Amid Wild Crypto Price Action
Net inflows into U.S.-listed spot bitcoin ETFs accelerated this week, with BlackRock's IBIT pulling in $520 million in fresh funds on Tuesday, BitMEX Research data shows.
U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker
Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.
Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources
Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.
Retail Investors Are Sleeping on Bitcoin's March Towards All-Time Highs: IntoTheBlock
Metrics that previously signaled retail froth are still at low levels, suggesting that this phase of bitcoin's rally is driven by institutional investors, IntoTheBlock analysts said.
Bitcoin Suddenly Plummets 7% After Hitting $64K, Triggering Over $700M Crypto Liquidations
The world's largest crypto soared to $64,000 Wednesday before quickly reversing to $59,000, CoinDesk data shows.
El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%
The country's bonds have also surged to over 80 cents on the dollar.
Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails
He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored.
Mt. Gox: What We Still Don’t Know 10 Years After the Collapse
To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten years later.
