The economy is doing Bitcoin no favors, with bad news and advancing COVID-19 pushing the still stock-market-aligned cryptocurrency within a few dollars of dropping below $9,000. Meanwhile, Ripple Executive Chairman Chris Larsen says China is winning the blockchain war. Researcher says Satoshi Nakamoto was AWOL from Bitcoin’s genesis block. New York is retreating ever-so-slightly from its super-strict BitLicense, making the prestigious but frequently fled crypto exchange qualification as it turns five.
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- If Craig Wright's late partner Dave Kleiman was a good enough engineer to program Bitcoin, he sure didn't teach his brother Ira anything about his profession (Photo: nChain)
Craig Wright Lawyer: Are you familiar with how Bitcoin is stored on a device?
Ira Kleiman: Not really
In a deposition released on June 19 in Kleiman v. Wright, it is clear that the adopted brother of Craig Wright’s late partner, Dave Kleiman, is nearly Bitcoin-illiterate. But he does know that if Craig and Dave really were behind the pseudonym Satoshi Nakamoto—which most of the crypto community doubts—there are 550,000 BTC with his name on them.
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Andreas Antonopoulos confirms: BTC-signed message calling Craig Wright a liar is legit
Is it an ‘Ah-ha!’ moment or an ‘Uh oh!’ moment for Ira Kleiman, who is suing for half of the $10 billion in bitcoins Wright claims he mined as Bitcoin creator Satoshi Nakamoto?
The credibility of Craig Wright’s claim to be Bitcoin creator Satoshi Nakamoto took another hit on May 25, when he was called a liar in a message signed by 145 of the 16,404 Bitcoin block's addresses he told a court in January he had mined.
- Did Satoshi Nakamoto just reclaim 50 BTC that have been sitting dormant for 11 years? (Photo: PixaBay/FreePNGimg)
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.