On May 16 at around 3 p.m., reports surfaced that crypto wildman John McAfee had been arrested in the Bahamas. “Developing events have made it necessary for John McAfee to go dark. Please be advised that this account will be operated by staff until further notice. More details will be released in time,” he said in a statement via Twitter just before noon.
Hot on the heels of his legal victory over the Winklevii, Bitcoin bad boy and early adopter Charlie Shrem has unleashed a new podcast looking at the early days of the first cryptocurrency and the blockchain technology on which it’s built.
A court on May 22 ordered New York State Attorney General Letitia James to prove her office has the right to sue Bitfinex and Tether for fraud and securities law violations.
Wednesday, May 22 is Bitcoin Pizza Day. That’s because on May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz through a bitcoin forum. While the pies themselves were mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Since then it has become blockchain’s pretty much only holiday.