• (Image via Pixabay.)
    Bitcoin

    Feds track Bitcoin to break up child porn ring

    The huge child pornography ring was among the first to use Bitcoin to fund its illicit operation, the U.S. Attorney said; more than one million bitcoin addresses found

    Federal prosecutors said that they successfully back-traced Bitcoin transactions to break up a major child pornography ring.

  • Protestors in Hong Kong (Photo by Oscar Chan from Pexels).
    Asia & Australia,  Bitcoin

    Hong Kong’s Bitcoin spike: Foresight or fluke?

    A tremendous jump in trade volume on a small Hong Kong P2P exchange was touted as proof that Bitcoin is the new gold. But it may have just been a whale’s splash

    Bitcoin trades in Hong Kong saw a massive spike at the end of September—blowing past even the volumes seen at the height of the 2017 bubble—simultaneous to political unrest in the Chinese territory.     With nearly $12.3 million HKD (equivalent to $1.5 million in USD) traded in the week ending September 28 according to charts on peer-to-peer trading site Coin.dance’s LocalBitcoins, it was hard not to see a connection with escalating protests, anti-Chinese bank sentiment, and vandalism that recently caused ATMs to run dry, and panic-buying reported at supermarkets on October 7. It’s especially interesting considering the same Bitcoin (BTC) volume jump was seen, on a smaller scale, during the last…

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

    Ira Kleiman’s lawyer sure sounds like he wants to settle the $10 billion Craig Wright/Satoshi case

    Here’s why we may not get another round of discovery—or why we may never know who is Satoshi Nakamoto

    On Thursday, a judge granted Ira Kleiman’s attorney a 21-day extension on the motion to quash the subpoena against Modern Consensus contributor Brendan Sullivan (that’s me). This, along with a yet-to-be published interview with Craig Wright and a document filed in court earlier this week, leads me to think that settlement talks are in the works. I’ll go through all three documents and why they matter.