Three important witnesses who had early contacts with the developer of Bitcoin, Satoshi Nakamoto, have testified in the ongoing dispute between Craig Wright and the Crypto Open Patent Alliance (COPA). Among them were Mike Hearn and Martti Malmi, two of the original Bitcoin engineers, and Adam Back, the man behind Hashcash, the proof-of-work (PoW) algorithm … Read more
Three additional U.S. states have sponsored the Blockchain Basics Act, a set of rules designed to protect people’s cryptocurrency rights at the state level: Mississippi, South Carolina, and Ohio. This action has led to the introduction of comparable cryptocurrency regulations in seven states, including Missouri, and their passage. The Blockchain Basics Act Regulation Now Applies … Read more
Over the last seven years, there have been several people in the cryptocurrency community who claim to be the real Satoshi Nakamoto, the person who created the first blockchain and wrote the Bitcoin white paper. However, none of them have been able to persuade the public that they are the real Bitcoin inventors, despite their … Read more
Cryptocurrency miners have received letters from the U.S. Energy Department’s statistics arm, the U.S. Energy Information Administration (EIA), requesting information about their mining sites’ layout and energy usage. One of the letters shared on social media states that miners have until February 23 to disclose any information on the activities that took place in January. … Read more
Craig Wright is still being accused in the legal dispute over who invented Bitcoin of forging documents to back up his claim to be Satoshi Nakamoto. But according to Wright, someone forged the documents to put him in a bad light. Craig Wright’s claim to be the founder of Bitcoin is clouded by allegations of … Read more