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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Strategy Bitcoin Stack Just Shy of 500K Tokens After Latest $2B Purchase
The Michael Saylor-led company used funds from last week's $2 billion 0% convertible note offering.
Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
U.S. Marshals Service Can't Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan
The agency has been plagued with procedural and organizational issues for years.
Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack
The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.
Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board
The South African alternative investment firm has bought one bitcoin.
Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners
The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.
Onramp and Arch Launch Bitcoin-Backed Lending Service
The new lending product allows Bitcoin holders to access liquidity without selling their assets.
Strategy Set for Another $2B in Bitcoin Buying Power as it Prices Latest Capital Raise
The convertible note offering is expected to close tomorrow.
Blockchain Bridging Protocol LayerZero to Connect With Bitcoin Sidechain Rootstock
Rootstock's aim is to end Bitcoin's "isolation" from other chains due to its lack of native smart contracts.
Metaplanet Now Holds 2,100 Bitcoin, Purchases 68 More BTC
Metaplanet reaches a milestone of 0.01% of the total bitcoin supply.