Still, there are plenty of questions about the functional details of the bond, and a lot of unknowns about its real impact. To find out more, I recently spoke with Samson Mow, CEO of Blockstream. Mow and Blockstream acted as advisors on the design of the bond, and the bond will be issued using Liquid, a bitcoin-based service created by Blockstream. But Blockstream won’t be … [Read more...] about Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It
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Man who claims to have invented Bitcoin wins U.S. trial, gets to keep Bitcoin worth $50B
Craig Wright, an Australian computer scientist who gained mainstream exposure by claiming to have invented Bitcoin has just won a major court case that allows him to keep BTC worth $50 billion.The jurors of Miami have ruled in favor of Wright, saving him from paying his former business partner half of the Bitcoin stash over assertions involving Wright betraying his deceased … [Read more...] about Man who claims to have invented Bitcoin wins U.S. trial, gets to keep Bitcoin worth $50B
FC Barcelona, Man City canceled crypto deals show cash is not everything
The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to aid with juicy deals. Numerous partnerships between major sports clubs grabbed headlines over the last year. Even national teams … [Read more...] about FC Barcelona, Man City canceled crypto deals show cash is not everything
Warren Buffett’s ‘right-hand man’ says Bitcoin is “disgusting”
Charlie Munger, vice chairman of American holding company Berkshire Hathaway, lambasted Bitcoin during the firm’s annual shareholder meeting yesterday, calling it a “disgusting” financial product that was invented “out of thin air.”“Of course I hate the Bitcoin success,” said during a Q&A session, adding, “I don’t welcome a currency that’s so useful to kidnappers and … [Read more...] about Warren Buffett’s ‘right-hand man’ says Bitcoin is “disgusting”
Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC
The latest Bitcoin giveaway scam to pop up on Twitter has claimed a massive victim last month, with a German man telling BBC that he sent 10 BTC, worth over $550,000 at press time, to the scammer believing it would double his money.Another Elon Musk giveaway scam claims first victimWhile cryptocurrency scams have been around as long as cryptocurrencies have, it’s not often that … [Read more...] about Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC