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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
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).
First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
The latest price moves in crypto markets in context for Aug. 28, 2024.
Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off.
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
More than five months of sideways price action is testing investors' patience, but similar low-volatility episodes led to break-outs to new record prices, one observer noted.
The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
Five of the six new billionaires became so through bitcoin investments.
First Mover Americas: Bitcoin Drops as Traders Take Profits
The latest price moves in crypto markets in context for Aug. 27, 2024.
Hilbert Capital Will Manage $200M Bitcoin-Denominated Hedge Fund, Xapo Bank to Add Funds
The fund, set for launch in September, will be available to corporates, businesses and professional investors
