Monthly Archives: May 2020

Cardano Development Company to Join Hyperledger Project & W3C

Cardano development company will be joining the Hyperledger Project and W3C focusing on the enterprise use cases as part of its bid for the next five years. IOHK, the company charged with the development of Cardano (ADA) will be joining the Hyperledger Project and W3C. Cardano founder and CEO and co-founder of IOHK, Charles Hoskison, in a recent Cointelegraph interview, confirmed that the company will be joining the two organizations. Will help with bidding process Hoskinson believes that IOHK will benefit from their shared knowledge. He also […]

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Legendary Cryptographer on Building the First Blockchain in The ’90s

Jean-Jacques Quisquater, a legendary cryptographer cited in the Bitcoin Whitepaper, discussed building the first blockchain. In an exclusive interview with Cointelegraph, renowned cryptographer Jean-Jacques Quisquater discusses building the internet’s first blockchain in the 1990s and being cited in the Bitcoin Whitepaper. In 1989, Quisquater began working on transitioning media from analog to digital systems for Philips Research Lab in Brussels, where he had been working for 19 years. “The goal was to take a current (analog) situation in real life, and find out how to handle it […]

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Did Satoshi Just Move Craig Wright’s Bitcoins?

Did Satoshi Nakamoto just move the Bitcoins that the court documents say belong to Dr. Craig Wright? On May 20, reports indicated that Satoshi Nakmato may have reactivated himself in order to move 50 Bitcoins (BTC) first mined back in February 2009. Upon further research, it was discovered that these were not just any Bitcoin. They are Bitcoin that Dr. Craig Wright himself has laid claim to. Transactions in question The transaction in question transferred 50 BTC to two addresses with a 40/10 split (this split is […]

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In Congress, a New Bill Asks for Mass Survey of Blockchain Technology in the US

A new bill before Congress asks regulators to put together a massive survey on the state of blockchain adoption and rank the U.S.’s adoption relative to other nations. On May 19, Representative Brett Guthrie (R-KY) introduced the “Advancing Blockchain Act.” Per a May 18 draft of the legislation obtained by Cointelegraph, the bill asks the Federal Trade Commission and the Secretary of Commerce to put together a new survey of blockchain’s uses and the state of adoption in the United States. Establishing jurisdictions for different federal agencies? […]

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Price Analysis 5/20: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA

Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days. While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale tweeted that its assets under management had increased over 80% from $2.1 billion to $3.8 billion over the period of one year.  This suggests that institutional money is gradually flowing into cryptocurrencies. The majority of […]

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Adam Back Thinks Recent BTC Move Wasn’t Satoshi

Someone just moved Bitcoin from a wallet that has not been active for over 11 years, but Adam Back does not think it was Satoshi Nakamoto. Cryptographer and inventor of Hashcash, Adam Back, does not think recent transactions from the 11-year-old wallet involve pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.  “People need to chill,” Back said in a May 20 tweet. “If Satoshi was selling coins, surely he would sell his most recently mined, and so most anonymous first.” Bitcoin moved from a old wallet On the morning of May […]

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Fran Finney & Others Deny Moving Possible ‘Satoshi’ Bitcoin

Fran Finney has confirmed that recent transactions from a 2009 Bitcoin wallet were not her husband’s coins. Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by Finney’s wife Fran.  “Very odd,” Fran Finney told Cointelegraph when questioned on the recent transactions sent from a Bitcoin wallet that, prior to today, sat untouched for more than a decade. “These were not coins my husband mined and we had nothing to do with this,” she added.  Hal […]

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Bitcoin Price Unfazed by 50-BTC Transaction From Satoshi-Era Wallet

Most likely an old miner from 2009 — not Satoshi — just moved 50 BTC mined merely one month after the first Bitcoin block was mined. Someone, whose identity cannot be unraveled, has sent 50 Bitcoin that was mined back in February 2009 to two different wallets. Considering that the first block of Bitcoin (BTC) was mined in January of the same year, it narrows down the individual to either Satoshi Nakamoto himself or a few other miners who were present at the time. 50 BTC mined […]

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Bitcoin Price Drops 5% After Rejecting at Key $9,900 Resistance

Bitcoin price dropped nearly 5% after rejecting at a key resistance level again, is it a buy the dip opportunity? Within the last hour Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324. The sharp correction came after the top ranked digital asset on CoinMarketCap failed to push through the $9,900-$10,000 resistance zone.  At the time of writing traders appear to be viewing the pullback as a dip buying opportunity, possibly due to the boost in bullish sentiment brought about by yesterday’s golden cross between the […]

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Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance

The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of the $6.98 trillion from the Fed’s balance sheet. Five unelected people from the New York Federal Reserve and its shareholders’ JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley created trillions of dollars […]

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