Bitcoin’s Creator Just Took A $20 Billion Hit — If He’s Still Watching
Satoshi Nakamoto’s Bitcoin stash lost more than $20 billion as markets pulled back this month, erasing a chunk of paper wealth tied to the anonymous founder’s early coins. The drop came after Bitcoin skimmed record highs and then tumbled in a fast, wide sell-off that hit many traders and funds. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Satoshi’s Holdings And Recent Value Change According to on-chain tracking and Arkham-linked estimates, the set of addresses attributed to Satoshi contains about 1.096 million BTC. That pile of coins reached a peak....
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On January 3, 2022, the Bitcoin network will be celebrating its 13th year of life after its creator Satoshi Nakamoto kick-started the protocol. The creator of Bitcoin has always been the community’s most famous and mysterious character. Roughly ten years ago, Satoshi logged off, never to return and it’s very likely the inventor won’t ever come back. Communication Breakdown Satoshi Nakamoto invented the Bitcoin network and released the technology’s white paper on Halloween (October 31) 2008. The paper was authored by “Satoshi Nakamoto” using the....
10 years after Bitcoin creator Satoshi Nakamoto's disappeared, Pete Rizzo distills the full story of his time as project leader into one readable article.
If you are a creator who is operating online, you’re likely stymied by many challenges that are part of the creator ‘framework’ that exists today. Meanwhile, the audience of content consumers seems to be ever-growing, and the ‘creator economy’ has become ever-present. Emerging platforms, such as Substack or Patreon, have laid a foundation for creator-first […]
The price of bitcoin has been surging at a frenetic pace in a bullish run that began in the last quarter of 2016. The relentless run sees bitcoin’s market capitalization now scaling beyond $17.5 billion. Exactly a week after bitcoin’s market cap touched $15 billion, rapid gains since through the end of 2016 and the beginning of 2017 that saw bitcoin price reach $1000, has resulted in bitcoin charting through yet another milestone. According to current figures from CoinMarketCap, a total of 201,085 BTC were traded in a 24-hour period, representing nearly 220 million in USD. As things stand,....
Jeff Bezos is the world’s richest man, but someday if bitcoin crosses a certain valuation then Satoshi Nakamoto will be the wealthiest if he/she or they are still alive. Today, Satoshi Nakamoto, is the 157th richest person worldwide, and the crypto asset will have to cross six digits in order to surpass the Amazon founder’s net worth. In 2020, the founder of Amazon has a whopping 175 billion and he’s currently the richest person on earth today. According to the real-time billionaires’ tracker, a data set that measures the net worth of individuals and families with....