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According to various reports, the self-proclaimed Bitcoin inventor, Craig Wright has dropped his libel lawsuit against Blockstream CEO, Adam Back. Wright was forced to pay all of Back’s legal fees to the tune of £6,666 ($8,400). The news follows, Wright losing his UK court battle with Bitcoin.com’s Roger Ver after the England and Wales judge … Read more
Craig Wright has withdrawn his libel suit against the Blockstream CEO for calling the self-proclaimed Satoshi Nakamoto a fraud Go to Source Powered by WPeMatico
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they plan to “do it as soon as possible, so it can be … Read more
The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published … Read more
An anonymous individual has accused Craig Wright of plagiarizing large portions of his 2008 dissertation for his law degree Go to Source Powered by WPeMatico
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of 106 petahash of hashpower to an undisclosed buyer. The purchase is considered … Read more
On April 8, 2020, the Bitcoin Cash network officially halved as of block 630,000 and BCH miners hashing away at the network will capture 6.25 coins per block going forward. The BCH halving is the first major SHA256 branch to halve its block reward, as BSV and BTC will halve as well within the next … Read more
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.” Also read: 5% Over … Read more
With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.’ However, a few speculators believe digital assets in … Read more
An Ethereum co-founder suggests applying stylometric techniques to find Satoshi, but there is a caveat Go to Source Powered by WPeMatico