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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
Twitter to Add Bitcoin Lightning Tips, NFT Authentication
“The Hash” team discusses CEO Jack Dorsey’s continued infatuation with crypto as part of a larger push to monetize content creators and bring blockchain awareness to the mainstream. Twitter users on Apple’s iOS can now connect third-party tipping services to their profile, including the ability to link both Bitcoin and Lightning Network addresses.
Twitter’s New Crypto Features Are a BFD
The social network’s new tip wallet and forthcoming NFT verification are game-changers - and a bulwark against attempts to co-opt a movement.
Bitcoin Trending Lower on China Crackdown, Support at $36K-$40K
BTC registered a series of lower price highs this month as buyers take profits.
Bitcoin, Ether Down as China's Central Bank Declares All Cryptocurrency Transactions Illegal; Can China Really Ban Crypto?
Bitcoin is trending lower after China's central bank declared all cryptocurrency-related business illegal, but how concerned should we be about China's crypto crackdown? Rayne Steinberg, CEO of crypto investment firm Arca, says it's primarily retail investors selling, and major institutions are not buying into this. "This really shows a diminishing power of China over the market and also a maturation of crypto and bitcoin," Steinberg said. Plus, insights into Arca's new partnership with Securitize to launch tokenized financial products.
Bitcoin Startup Moon Raises $2.1M to Enter New Markets
The startup enables crypto payments for e-commerce sites.
Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal
Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto
Bitcoin Likely to Rally After September Options Expiry: Deribit Poll
Bitcoin options contracts worth $3.3 billion are set to expire today.
