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

Markets

Ruble-Denominated Bitcoin Volume Surges to 9-Month High

The increase comes as the West's sanctions on Russia trigger a flight from the ruble.

By Omkar GodboleFeb 28, 2022

Ruble-denominated bitcoin volumes surge as the Russian currency hits record low. (Source: Kaiko)

Finance

Crypto Donations to Ukraine Jump to $20M

FTX founder Sam Bankman-Fried and Chain.com CEO Deepak Thapliyal have contributed.

By Sam ReynoldsFeb 28, 2022

Podcasts

The Story Behind AssangeDAO

By Adam B. LevineFeb 28, 2022

Markets

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.

By Sam Reynolds, Damanick Dantes, James RubinFeb 28, 2022