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Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist

Coin Telegraph
Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist
3D Art

Bitcoin artist “Nuro” recently inscribed his 3D neurogenerative artwork on a $2 million “epic sat” from the latest Bitcoin halving.

The lead artist behind the Bitcoin art community “Nurorealm” said it was a “dream come true” to inscribe their 3D art on an “epic sat” — which he won in a recent auction.

“[The artwork is now inscribed on] one of the most valuable digital assets in existence and is the most valuable digital canvas ever,” said “Nuro” in a recent interview with Cointelegraph.

Nuro and fellow Bitcoin art community “Book of Blob” won an auction on April 25 to successfully claim the latest epic sat — the first satoshi mined in a new Bitcoin halving block — mined by ViaBTC.

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

‘Epic sat’ mined from fourth Bitcoin halving block sells for $2.1M

Coin Telegraph
<div>'Epic sat' mined from fourth Bitcoin halving block sells for .1M</div>
Auction

One satoshi is currently worth $0.00065 — but some sats hold inherent “collectible value” in the Bitcoin ecosystem, cryptocurrency exchange CoinEx Global explained.

An "epic sat" — an exceptionally rare satoshi that was mined from the fourth Bitcoin halving block — has sold for 33.3 Bitcoin (BTC), worth about $2.13 million.

The sale of the satoshi — the smallest unit of Bitcoin — took place on cryptocurrency exchange CoinEx Global on April 25 — roughly five days after one of its partners, Bitcoin mining pool viaBTC, mined it in block 840,000 on April 20.

The auction, which commenced on April 22, saw 34 bids before an unidentified bidder won ownership rights to the epic sat — with “sat number 1,968,750,000,000,000.”

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

UK Judge Freezes $7,600,000 of Craig Wright’s Assets After Ruling That He Is Not the Founder of Bitcoin

The Daily Hodl
UK Judge Freezes ,600,000 of Craig Wright’s Assets After Ruling That He Is Not the Founder of Bitcoin
Bitcoin
UK Judge Freezes ,600,000 of Craig Wright’s Assets After Ruling That He Is Not the Founder of Bitcoin

A UK Judge is freezing $7.6 million worth of computer scientist Crag Wright’s assets after he was ruled to not be Satoshi, the pseudonymous creator of Bitcoin (BTC). New court documents reveal that the judge has ordered a worldwide freeze of over £6 million worth of Wright’s assets as a means of preventing him from […]

The post UK Judge Freezes $7,600,000 of Craig Wright’s Assets After Ruling That He Is Not the Founder of Bitcoin appeared first on The Daily Hodl.

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

UK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author

The Daily Hodl
UK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author
Bitcoin
UK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author

A UK Judge is ruling that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), nor is he the author of the BTC White Paper. According to BitMEX Research, the Cryptocurrency Open Patent Alliance (COPA) – a nonprofit crypto advocacy group – recently won its case against Wright, who […]

The post UK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author appeared first on The Daily Hodl.

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line

Bitcoin.com
In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the K Line
$60000
In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the K LineAs of Sunday, March 3, 2024, bitcoin’s value persists in the $60,000 per unit vicinity, signaling the fifth instance this year that its price has sustained above this level. Naturally, as bitcoin’s value escalates, its duration above such thresholds shortens when contrasted with past significant milestones such as $30,000, $40,000, and $50,000. Bitcoin’s Price Discovery […]
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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

Newly Revealed Emails of Satoshi Revealed, Bitcoin Creator Says Fiat Currencies Breach People’s Trust

The Daily Hodl
Newly Revealed Emails of Satoshi Revealed, Bitcoin Creator Says Fiat Currencies Breach People’s Trust
Bitcoin
Newly Revealed Emails of Satoshi Revealed, Bitcoin Creator Says Fiat Currencies Breach People’s Trust

Newly released emails from Satoshi Nakamoto from as early as May 2009 show that the Bitcoin (BTC) creator has long been concerned about the debasement of fiat currencies by central banks. The slew of emails was released by early Bitcoin contributor Martti Malmi who said that he wasn’t comfortable sharing his private correspondence with Satoshi […]

The post Newly Revealed Emails of Satoshi Revealed, Bitcoin Creator Says Fiat Currencies Breach People’s Trust appeared first on The Daily Hodl.

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain

The Daily Hodl
Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain
Altcoins
Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain

Bitcoin (BTC) network fees are seeing a massive surge in November as demand for ordinals floods the leading blockchain. Data from CryptoFees.info finds that BTC’s transaction fees skyrocketed from $779,549 at the start of the month to a peak of $11.63 million on November 17th, an increase of 1,391%. The number has slightly retraced and […]

The post Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain appeared first on The Daily Hodl.

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

Vast Majority of Bitcoin Transactions Involve Ordinals, Despite Large Volume Decline

The Daily Hodl
Vast Majority of Bitcoin Transactions Involve Ordinals, Despite Large Volume Decline
Bitcoin
Vast Majority of Bitcoin Transactions Involve Ordinals, Despite Large Volume Decline

Ordinals are still dominating Bitcoin’s (BTC) blockchain, with the majority of transactions on the network involving them, despite a large price decline. Bitcoin ordinals allow users to inscribe digital assets such as images and videos to a single satoshi, or an individual unit of BTC, to create the equivalent non-fungible tokens (NFTs) on the crypto […]

The post Vast Majority of Bitcoin Transactions Involve Ordinals, Despite Large Volume Decline appeared first on The Daily Hodl.

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning

Coin Telegraph
MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning
Base Fee

Fans of the Bitcoin bull have been transferring him 21 Satoshis as a way to test out the feature.

The Bitcoin (BTC) Lightning Network has integrated into the corporate email address of Michael Saylor, a Bitcoin bull and co-founder of business intelligence software firm MicroStrategy.

In an April 17 tweet, the former chief executive of the firm shared a screenshot with his 3 million Twitter followers of a few transactions sent to “saylor@microstrategy.com” from others in the form of Satoshis or “Sats” — the smallest denomination of Bitcoin.

MicroStrategy’s integration is enabled by the Lightning Address protocol, which allows users to link an “Internet Identifier” like an email address rather than having to copy wallet addresses or use QR codes.

It is unclear if MicroStrategy integrated the feature into all corporate emails at the firm.

The Lightning Network is a popular Bitcoin layer 2 scaling solution, which is capable of processing 1 million transactions per second (TPS) for a base fee of 1 Satoshi, or around four cents.

Saylor, who now serves as executive chairman at the firm, has been the mastermind behind MicroStrategy’s Bitcoin investment strategy that aims to strengthen the firm’s balance sheet.

Related: Coinbase CEO says Bitcoin Lightning is 'something we’ll integrate'

MicroStrategy has spent $4.17 billion to accumulate 140,000 BTC since the company began buying in March 2021. The firm’s average purchase price is $29,800 according to data from Buy Bitcoin Worldwide.

With the price of Bitcoin currently sitting at $29,400, MicroStrategy is down a mere 1.3% on its total investment.

However, the firm was in the green again for a short period of time last week when Bitcoin broke through the $30,000 mark.

Cointelegraph contacted MicroStrategy for comment on its plans to integrate the Lightning Network in more of its corporate email addresses but did not receive an immediate response.

Magazine: Bitcoin in Senegal: Why is this African country using BTC?

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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

Bitcoin.com
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
$POWER
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century ItalyAmid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]
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New York introduces new bill to crack down on crypto rug pulls and private key theft

New York introduces new bill to crack down on crypto rug pulls and private key theft

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