• Bitcoin Pizza Day
    Bitcoin,  Commentary

    Bitcoin Pizza Day: 10 years on, $91M pies

    A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come

    It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.

  • Deepfake detection firm chooses Algorand
    Technology

    Algorand: Insurers investigate, blockchain corroborates

    Attestiv believes its AI-driven media validation technology can help insurers detect false claims that cost them $40 billion a year.

    Algorand and Attestiv believe they can use blockchain technology to help insurance companies detect when claims are accompanied by difficult-to-detect deepfake photos and videos.

  • selling neighbors excess energy
    Technology

    Light bulb moment: Neighbors selling neighbors excess energy on blockchain

    BlockCypher and the National Renewable Energy Laboratory have completed a trial program to see if blockchain can change the way households buy electricity

    It’s an idyllic vision for the future: houses across the land generate their own power through solar panels, and make a tidy profit by selling neighbors their excess energy. Then reality kicks in. Executing all of these transactions at scale would be nothing short of nightmarish. Enter blockchain.

  • Nakamoto bitcoins just moved
    Bitcoin,  People

    50 of Satoshi Nakamoto’s bitcoins just moved. Maybe.

    The transfer of $489,000 in BTC from a digital wallet created in February 2009 re-energized speculation about the identity of Bitcoin’s creator, and Craig Wright’s claim to that mantle

    Wright is being sued by Ira Kleiman, the adopted brother of Wright’s late partner, Dave Kleiman, for half of a 1.1 million bitcoin fortune. Those bitcoins are thought to have been mined by Satoshi Nakamoto at the beginning of the first blockchain.