Crypto firms are cooking up ways to become “Travel Rule” compliant, Satoshi’s stash got a little bigger and one of Ethereum Classic’s top supporters is walking away from the project. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. Top shelf Travel RuleBitGo, Coinbase and other top exchanges are expected to release a white paper next month detailing a type of “bulletin board” meant to help exchanges comply with the Financial Action Task Force’s (FATF) “Travel Rule.” Participants would share addresses on […]
Satoshis
4 posts
New on-chain analysis from Whale Alert says Bitcoin’s anonymous creator Satoshi Nakamoto mined an estimated 1,125,150 BTC, now worth an estimated $10.9 billion. In a Medium post, researchers describe how Satoshi continued mining with the same rig until at least May 2010. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
There is a constant free market competition to define the Bitcoin narrative, and Kraken’s Dan Held argues this is part of what makes the protocol so strong. Satoshi Nakamoto is often recognized for his technical genius in solving the double-spending problem. He is also widely revered for his willingness to walk away from the protocol to make it stronger, something no other entrepreneur who has created anything on the scale of Bitcoin has ever done. What people discuss less often is Satoshi’s marketing instincts. In this illuminating conversation, serial bitcoin entrepreneur Dan Held argues: Satoshi had strong instincts about how price […]
Even idle speculation that mysterious bitcoin founder Satoshi Nakamoto might be moving around a small batch of the cryptocurrency appeared sufficient to spook the market on Wednesday. Bitcoin slid 2.3% on the day, retreating after a four-day rally and pushing the price down to about $9,500. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here. But earlier in the […]