Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website. As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in Guangdong province believed to be […]
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Did Satoshi Nakamoto just move the Bitcoins that the court documents say belong to Dr. Craig Wright? On May 20, reports indicated that Satoshi Nakmato may have reactivated himself in order to move 50 Bitcoins (BTC) first mined back in February 2009. Upon further research, it was discovered that these were not just any Bitcoin. […]
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Jean-Jacques Quisquater, a legendary cryptographer cited in the Bitcoin Whitepaper, discussed building the first blockchain. In an exclusive interview with Cointelegraph, renowned cryptographer Jean-Jacques Quisquater discusses building the internet’s first blockchain in the 1990s and being cited in the Bitcoin Whitepaper. In 1989, Quisquater began working on transitioning media from analog to digital systems for […]
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Fran Finney has confirmed that recent transactions from a 2009 Bitcoin wallet were not her husband’s coins. Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by Finney’s wife Fran. “Very odd,” Fran Finney told Cointelegraph when questioned on the recent transactions sent from […]
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Someone just moved Bitcoin from a wallet that has not been active for over 11 years, but Adam Back does not think it was Satoshi Nakamoto. Cryptographer and inventor of Hashcash, Adam Back, does not think recent transactions from the 11-year-old wallet involve pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. “People need to chill,” Back said in a […]
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Most likely an old miner from 2009 — not Satoshi — just moved 50 BTC mined merely one month after the first Bitcoin block was mined. Someone, whose identity cannot be unraveled, has sent 50 Bitcoin that was mined back in February 2009 to two different wallets. Considering that the first block of Bitcoin (BTC) […]
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Bitcoin price dropped nearly 5% after rejecting at a key resistance level again, is it a buy the dip opportunity? Within the last hour Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324. The sharp correction came after the top ranked digital asset on CoinMarketCap failed to push through the $9,900-$10,000 resistance zone. At […]
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Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” As the largest among the United States’ “Big Four” banks, JPMorgan Chase comes across as an unlikely ally to digital asset service providers seeking to break through the glass ceiling still separating […]
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There was a 1,300% increase in the number of Bitcoin extortion cases reported to BitcoinAbuse.com in April versus March, with sextortion leading the charge. The number of Bitcoin (BTC) extortion reports filed by the users of BitcoinAbuse.com database increased 1,300% in April, perhaps with scammers taking advantage of the quarantined population. BitcoinAbuse.com allows anyone to […]
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Universal basic income models based on blockchain systems are being developed, but are they practical? Universal basic income, commonly referred to as UBI, dates back to the 16th century when Sir Thomas More depicted a society in which every person receives a guaranteed income in his famous book Utopia. While Utopia is a fictional work, […]
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