• Bitcoin pizza

    Crypto community celebrates bitcoin pizza day

    We honestly don’t know what this whole blockchain industry would look like if this first transaction hadn’t been such a ringing success

    Wednesday, May 22 is Bitcoin Pizza Day. That’s because on May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz through a bitcoin forum. While the pies themselves were mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Since then it has become blockchain’s pretty much only holiday.

  • Craig Wright (photo by Brendan Sullivan for Modern Consensus).

    US Copyright Office says Craig Wright is Satoshi Nakamoto

    The Bitcoin SV founder’s claim to be Satoshi Nakamoto was boosted by a copyright registration grant, but is still far from proven

    Craig Wright’s much-derided claim to be Bitcoin creator Satoshi Nakamoto got a big boost from the U.S. copyright office today. On May 21, the wealthy nChain founder was granted copyright registration for the original whitepaper—”Bitcoin: A Peer-to-Peer Electronic Cash System”—as well as the original Bitcoin source code.

  • Bitcoin

    Meet the new kids on the blockchain

    Bitcoin has been around for half the life of these five young entrepreneurs—and they’re now doing their part to change finance

    A surge of young people has taken a headfirst dive into cryptocurrency. High school day traders have made hundred percent multiples on cash earned from summer jobs. College freshmen have exchanged doctoral dreams for computer science. Students have dropped out of school altogether. Some have embraced cryptocurrencies out of curiosity, others out of conviction, but all are banking that Bitcoin is the technology of the future. It’s early 1990s dot-com boom deja-vu.

  • Brian Armstrong speaking at Consensus 2019 (photo by Leo Jakobson for Modern Consensus).

    Put crypto to work, says Coinbase’s Brian Armstrong in Consensus 2019 panel with Union Square Ventures’ Fred Wilson

    Coinbase Pro now has $1 billion under management according to Armstrong

    It’s time for cryptocurrency investors to stop hoarding and start putting their digital assets to work. That was one message Coinbase CEO Brian Armstrong offered attendees at Coindesk’s Consensus 2019 conference in New York on May 15.