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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
Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading
The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users by the end of 2022.
Crypto Funds See Minor Outflows, Ending Six-Week Inflows Streak: CoinShares
Outflows totaled $17 million in the seven days ended on Aug. 12.
First Mover Americas: Bitcoin Hits $25K But Fails to Hold, Galaxy Digital Scraps Plan to Buy BitGo
The latest price moves in crypto markets in context for Aug. 15, 2022.
First Mover Asia: Bitcoin Tests $25K Before Retreating; S. Korea Play-to-Earn Ban Unlikely to End Soon
The South Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week; ether falls.
The Investor’s Definitive Guide to Proof-of-Work and Proof-of-Stake (Abridged)
It’s not really about which is better; it’s about trade-offs.
Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week
The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators.
CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme
The regulator filed a cease-and-desist order against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.
Let Ugly Ducklings Grow: Why Crypto Needs a Safe Harbor
Too much much regulation may hinder the development of viable decentralized models.
First Mover Americas: Bitcoin Slips at End of Strong Week, Huobi Founder in Talks to Sell Majority Stake
The latest price moves in crypto markets in context for Aug. 12, 2022.
