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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
First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine
The guilty plea of the founders of the crypto trading platform with main offices in Hong Kong and Singapore avoided a trial; bitcoin dropped below $37,500 on Sunday after Russian President Vladimir Putin placed his nuclear forces on alert.
JoinMarket Is About to Make Bitcoin Privacy More User-Friendly
Developers hope the forthcoming JoinMarket UI will give people an easier way to use CoinJoins to keep their Bitcoin transactions private.
Market Wrap: Cryptos and Stocks Rise on Possibility of Russia-Ukraine Talks
Some traders expect the price bounce to be short-lived amid geopolitical uncertainty.
Bitcoin’s Bounce Stalls Below $40,000
Rising alongside bitcoin are equity markets, with the Nasdaq higher by 4% from its worst levels on Thursday morning.
Apolitical Crypto Networks in Times of Sanction and War
If blackballed from the global financial system, will Russia turn to bitcoin?
El Salvador to Inaugurate Bitcoin-Funded Pet Hospital With Surplus Government Trust Fund
El Salvador will inaugurate a new public pet hospital, funded by a $4 million surplus in a government trust fund caused by bitcoin's rising value, according to President Nayib Bukele. "The Hash" crew questions whether this is the best-use case for the surplus bitcoin. "We're talking about $4 million, in a really poor country ... If you're trying to be an advertisement for bitcoin, go out there and help the people who badly need it," says co-host David Morris.
