Federal prosecutors said that they successfully back-traced Bitcoin transactions to break up a major child pornography ring.
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…
Bakkt disappointment leads to selloff, weep traders
Baby don’t got Bakkt
One of the most anticipated launches, Bakkt's futures exchange, turned out to be a giant dud on the first day of trading. Now fingers are pointing at that as the reason bitcoin prices are went on the south side of the $8,000 level Tuesday afternoon.
Screenshot of Craig Wright speaking with Modern Consensus contributor Brendan J. Sullivan, September 11, 2019.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.
