Bitcoin

British computer scientist denies being bitcoin creator Satoshi Nakamoto

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Craig Wright speaks to reporters outside a courthouse, surrounded by cameras and onlookers, as he denies being Satoshi Nakamoto, the creator of Bitcoin.

The controversy surrounding Wright’s identity has significant implications for the cryptocurrency community and the broader tech landscape. Many enthusiasts and experts have long debated the true identity of Satoshi Nakamoto, with Wright being one of the most prominent figures to claim this title. His denial may shift focus back to the search for the real … Read more

S Korean crypto firm mistakenly transfers $40bn in bitcoin

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A crowd of anxious cryptocurrency users gathers outside a South Korean firm’s office, discussing the unexpected billion Bitcoin payout error that has sparked widespread concern and regulatory scrutiny.

The payout mistake has raised questions about the security and reliability of cryptocurrency exchanges, particularly in a market that has been under increasing regulatory pressure. Many users received notifications of the unexpected deposits, leading to a flurry of activity on the platform as individuals rushed to withdraw the funds. However, the company quickly froze transactions … Read more