As the QuadrigaCX saga continues to play out, Coinbase CEO Brian Armstrong has jumped into the fray. The chief executive at the largest U.S. exchange suspects that management at its largest Canadian competitor is using its founder’s death to cover up what could be a massive fraud.
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Bitcoin and the Grim Reaper may have a closer relationship than anyone would like (via Shutterstock).The Genesis Curse: Some of Bitcoin’s earliest adopters met grisly ends
Ten years after the first Bitcoin transaction, only one its original founders ever spoke about how it happened
Ten years ago, on January 12, 2008, the first Bitcoin transaction appeared on the blockchain. Satoshi Nakamoto, the still unknown founder of Bitcoin, sent a test transaction of 10 bitcoins to a cryptographer named Hal Finney. At the time, Finney also ran an early version of Bitcoin mining software in the background on his computer. Both the first transaction and the bitcoins he mined in the background on his old computer are worth about $219,000 at today’s prices.