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Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021

Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from 2010 were spent. Alongside this, on March 10, 2022, an […]

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

Sleuth Discovers Satoshi’s Long-Lost Bitcoin Version 0.1 Codebase, Raw Code Contains Bitcoin Inventor’s Never-Before-Seen Personal Notations

Sleuth Discovers Satoshi’s Long-Lost Bitcoin Version 0.1 Codebase, Raw Code Contains Bitcoin Inventor’s Never-Before-Seen Personal NotationsOn October 7, 2022, a bitcoin supporter named Jim Blasko explained that he discovered the oldest upload of Bitcoin’s version 0.1 codebase. The original code was thought to have been lost for more than a decade and with a “little browser hacking” Blasko was able to find the lost version 0.1 raw data and files […]

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

Kickstarting the Bitcoin Network: A Look at the Genesis Block and Source Code That Sparked a Financial Revolution

Kickstarting the Bitcoin Network: A Look at the Genesis Block and Source Code That Sparked a Financial Revolution13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting the Bitcoin Network Today, bitcoiners and cryptocurrency advocates […]

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles

Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End CyclesThe price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by the year’s end. However, […]

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’

Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term “blockchain.” Square Changes Name to ‘Block’ — Square Crypto Rebrands to ‘Spiral’ On Wednesday, Square […]

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

$1.4M in Bitcoin Remains Idle — The Curious Case of the 37-Day-Old 2009 Block Reward Spent a Year Ago

.4M in Bitcoin Remains Idle — The Curious Case of the 37-Day-Old 2009 Block Reward Spent a Year AgoApproximately 378 days ago, before the bitcoin bull market started to heat up, a unique block was spent stemming from a coinbase reward created 37 days after the Bitcoin network launched. It seems roughly ten coins from the block reward were sold to an exchange, but 40 bitcoin worth $1.4 million at today’s exchange rates […]

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation