Samson Mow, former chief strategy officer of Blockstream and founder of Pixelmatic, said on Thursday that he has started a new company called JAN3 which will focus on accelerating Bitcoin adoption. The Chinese-Canadian Bitcoin entrepreneur told Reuters that JAN3 has already signed a memorandum of understanding to assist in developing digital infrastructure in El Salvador. "It's a general MOU that says we'll work together to build digital infrastructure for the country and for Bitcoin City.” Mow added that making the decision for JAN3 to work with El Salvador was an easy choice, "I just set up my company and I …
It is now 13 years since the genesis block of the Bitcoin (BTC) blockchain was created, which marked the beginning of the chain. To commemorate the occasion, the third-largest Bitcoin whale appears to be back after the new year holidays, and he or she has just completed the first sizable purchase of 2022. On Jan. 4, the third-largest Bitcoin address added 456 BTC at an average price of $46,363, equivalent to around $21 million, according to data from Bitinfocharts. com. 456 #BTC (21,161,750 USD) transferred from #Coinbase to unknown wallethttps://t.co/1rWMaIYR0y — Whale Alert (@whale_alert) January 3, 2022 At the time …
A hidden Biblical message has been found embedded in a transaction in block number 666,666 of the Bitcoin (BTC) blockchain. The message is a quotation from the sixth book in the New Testament, the Epistle to the Romans. First spotted by @
[email protected], it reads: “Do not be overcome by evil, but overcome evil with good - Romans 12:21.” The transaction in question saw an equal amount of Bitcoin — 432,100 satoshis ($160) — sent to two different addresses. The first several characters of those addresses contain the words “God” and “Bible.” Whoever sent the transactions paid over $50 in fees, …
Since Satoshi Nakamoto mined the first Bitcon block on Jan. 3, 2009, the crypto asset has led to substantial gains for investors given its meteoric rise in the last week alone. The price of Bitcoin (BTC) reached parity with the U.S. dollar almost ten years ago today, a milestone lauded by many as another step towards adoption. With Bitcoin currently fluctuating between $32,000 and $34,000, however, the price of the cryptocurrency is now the same as that of a Model 3 Tesla, which retails for upwards of $30,000. A #bitcoin now buys you a Tesla. So, when will you accept …
After literally years in the making, the genesis block of the Ethereum 2.0 beacon chain has finally seen the light of day. The repeatedly delayed scalability and security upgrade to the second-largest cryptocurrency by market cap confidently took its first breath as planned, at just after 12 pm UTC on Dec. 1. The launch suffered no hiccups and immediately reached the required stake participation rate to finalize the blockchain. Vitalik Buterin joked about how the first block did not include any meaningful messages “about some giant leaps for mankind or whatever.” Normal people: we should really put something profound in …
A new report has determined that London was the most likely place Satoshi Nakamoto worked on Bitcoin (BTC) between 2008 and 2010. Report author Doncho Karaivanov reviewed several factors in order to justify the conclusion, including an analysis of timestamps of Satoshi’s published materials, his use of regional colloquialisms and word spellings, and the fact that The Times headline embedded in the genesis block was specific to England’s print version of the periodical. The idea that Satoshi was British is not new, as hundreds of journalists, sleuths and investigators have thoroughly pored over traces of the Bitcoin creator’s activity and …
The Avalanche project, a blockchain protocol founded by Cornell’s Emin Gün Sirer, has completed a $42 million public token sale after raising $12 million in a private sale in June. Avalanche blockchain developer AVA Labs said that the Avalanche network launch is expected to come by the end of August. Public sale offered a total of 72 million AVAX tokens The $42 million public sale took place on July 15, taking just a few hours to complete. Starting at 10:00 a.m. ET, the token sale offered up to 72 million AVAX tokens. At 2:33 p.m. ET, just four hours and …
The evolution of key industries have been historically driven by groundbreaking technological innovations that leave an indelible mark on society. The printing press led to the scientific revolution, the discovery of electricity brought light to the world, radio waves changed the way information was delivered to the masses, and the internet completely overhauled the way we communicate and interact with information. In the same vein, over the short space of a decade, Bitcoin has had a similarly disruptive and innovative effect on the financial world and the technology underpinning cryptocurrency has gone on to influence a number of sectors in …