• Dorsey Bitcoin inherently political
    Bitcoin,  Innovators

    Twitter’s Jack Dorsey: Bitcoin is inherently political

    In criticizing Coinbase CEO Brian Armstrong’s refusal to endorse BLM, Jack Dorsey argues that political activism is in crypto’s DNA

    Jack Dorsey suggested in a tweet sent on Sept. 30 that Bitcoin cannot be separated from political activism, which makes Coinbase CEO Brian Armstrong’s decision to not take a position on the Black Lives Matter movement pointless.

  • Binance jumps into bitcoin mining
    Bitcoin,  Cryptocurrencies,  People

    Binance jumps into bitcoin mining

    The biggest cryptocurrency exchange promises ‘the lowest rates’ but also raises concerns about the concentration of mining power in a few hands

    Cryptocurrency exchange Binance jumped into bitcoin mining business today, announcing the launch of Binance Pool. The move comes only weeks before the third “halving” will reduce the reward for mining a Bitcoin block from 12.5 BTC to 6.25 BTC—an event that has preceded big price increases in the past.

  • The Case against Craig Wright as Satoshi Nakamoto
    Bitcoin,  Commentary,  People

    The Case against Craig Wright, Part I (2009-2011)

    A #Faketoshi hobbyist walks us through the details behind accusations that Craig Wright lied and forged proofs that he is Bitcoin creator Satoshi Nakamoto

    The problem is that people who claim Craig Wright is a fraud are mostly disorganized. So today we are just going to put it all out on the table. For that we look to Arthur van Pelt, a Dutch "bitcoin entrepreneur" who spends his free time digging for information that will debunk Wright's claim to be Bitcoin creator Satoshi Nakamoto.

  • Bitcoin,  Europe,  Innovators

    Happy birthday, bitcoin!

    The cryptocurrency that started it all turns 9

    Today marks the ninth anniversary of the day bitcoin was unleashed upon the world, thus ushering cryptocurrency revolution. Well, sorta. It took a while for it to pick up but look at it now! Commemorate it by reading Satoshi Nakamoto’s white paper (pdf). The very first block in the bitcoin blockchain (the “genesis block”) contained a simple proof of its creation: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”. That was the headline from a front page article in the Times of London as the global banking and monetary system was on the verge of collapsing. Nakamoto’s choice for that as the first block may have been…