• Craig Wright word worthless
    Alt coins,  People

    Judge to Craig Wright: Your word is worthless

    The court ruled against nearly every argument the self-proclaimed Satoshi Nakamoto made about what evidence should be shown to a jury

    “I give no weight to sworn statements of Dr. Wright that advance his interests but that have not been challenged by cross-examination and for which I cannot make a credibility determination. I have previously found that Dr. Wright gave perjured testimony in my presence,” Magistrate Judge Bruce Reinhart wrote in a scathing 14-page order.

  • cryptocurrency cure coronavirus
    Technology

    Can cryptominers cure Coronavirus?

    The Folding@home project wants to use out-of-service mining machines to help scientists learn the secrets needed to create a vaccine for COVID-19

    While the markets tank over COVID-19 fears a small group of programmers are trying to convert their cryptomining GPUs to find a cure for coronavirus via the Folding@home project.

  • Bitcoin price chart 03.13.20
    Opinion

    Bitcoin democratized finance once, but it can’t grow like that again

    Cryptocurrency prices will rebound once the panic subsides, but they will never do what Bitcoin did at the bottom of the Great Recession in 2009

    Looking back on the 10th anniversary of the “Great Recession” New York Magazine put it this way: “The older folks hoovered up gold, which basically doubled in value in the four years after the crash. Younger folks dove into cryptocurrency.”

  • Screenshot of Craig Wright speaking with Modern Consensus contributor Brendan J. Sullivan, September 11, 2019.
    Bitcoin,  People

    Judge orders yet another of Craig Wright’s Tulip Trusts opened

    Tulip Trust III will be unsealed in $10 billion bitcoin case, and may or may not hold the keys to a fortune

    The Tulip Trust III is the latest in a series of trusts revealed by Craig Wright, who claims to be Bitcoin creator Satoshi Nakamoto. Wright claims the trusts hold the private keys to a cache of 1.1 million bitcoins Nakamoto mined at the beginning of the original blockchain. The vast majority of the cryptocurrency community believes he is lying.