American entrepreneur and stalwart crypto advocate John McAfee says he is holding back on plans to reveal the real identity of bitcoin (BTC) creator Satoshi Nakamoto, for fear it will expose him to further lawsuits as he fights potential extradition to the United States. The news was reported by Bloomberg on April 24. McAfee — who founded the pioneering anti-virus firm McAfee Associates in 1987 — claims his technology expertise has helped him track down the real Satoshi. According to Bloomberg, McAfee said he had communicated with Nakamoto in recent days, alleging that the mystery figure is in fact a …
NChain chief scientist and Bitcoin SV (BSV) proponent Craig Wright has filed a libel claim in the United Kingdom against cryptocurrency podcaster Peter McCormack. The podcaster tweeted a photo of the legal notice on April 18. The reason provided for the claim is that McCormack accused Wright of fraud and falsely claiming to be Satoshi Nakamoto, the creator of bitcoin (BTC). According to BSV-focused crypto news outlet CoinGeek, the claim aims to “prevent McCormack from making further fraudulent claims that Wright is not the individual behind the Satoshi Nakamoto pseudonym.” Furthermore, Wright also seeks £100,000 (over $130,000) in damages, plus …
Founder and CEO of major cryptocurrency exchange Binace Changpeng Zhao warned that he will delist Bitcoin Satoshi Vision (BSV) if the creator of the altcoin Craig Wright does not change his behavior in a tweet published on April 11. The community reacted to Zhao’s warning by asking various exchanges to delist BSV and creating a #DelistBSV hashtag. The tweet is presumably a reaction to Wright’s recent action against Hodlnaut, the Twitter user behind the Lightning Torch initiative. As recently reported on crypto news outlet Coingeek, a $5,000 bounty in BSV has been set by Wright for information regarding the identity …
Recently, it was revealed that Craig Steven Wright, one of the most controversial figures in the crypto community, had filed 114 blockchain patents since 2017. He also quit Twitter, where he would often publish his opinions on anonymity (bad), Bitcoin SV (the real Bitcoin) and other cryptocurrencies (also bad). He is also known for arguing that he is actually Satoshi Nakamoto, the original creator of Bitcoin. Here’s the complete list of things you should know about Wright. Wright’s bio is really rich, but hardly verifiable He was born in October 1970 in Australia, according to registration papers of one of …
Craig Wright, an Australian computer scientist who has sometimes claimed to be Bitcoin (BTC) creator Satoshi Nakamoto, has reportedly applied for a slew of blockchain-related patents since 2017. Tech news site The Next Web (TNW) published its research regarding Wright’s patent filings on March 18. TNW reports that, since August 2017, the World Intellectual Property Organization (WIPO) has published 155 patent applications filed by Wright. As with the United States Patent and Trademark Office, the WIPO publishes patent applications to notify the public that there is a potential new technology in a certain industry or space. Wright will only receive …
Software engineer and Bitcoin (BTC) pioneer Jeff Garzik has been subpoenaed by a United States District Court in connection with the $4 billion lawsuit against Craig Wright, according to a document Garzik posted in a tweet on March 15. The suit was initially filed last February with the U.S. District Court of the Southern District of Florida, with the family of David Kleiman — a computer scientist, whom many suspect to have been one of the developers of Bitcoin and blockchain technology — alleging that Wright stole up to 1.1 million BTC after he passed away. Following Kleiman’s death in …
Controversially self-proclaimed “Satoshi Nakamoto” and nChain chief scientist Craig Wright has reportedly submitted two near-identical comment letters to the United States Commodity Futures Trading Commission (CFTC). Wright filed his two documents on Feb. 15 in response to the agency’s request for industry input and feedback on Ethereum (ETH)’s mechanics and market. The closing deadline for responses to CFTC’s request for input (RFI) was Feb. 17, the agency having outlined its reasons behind gathering the information as follows: “The input [...] will advance the CFTC's mission of ensuring the integrity of the derivatives markets as well as monitoring and reducing systemic …
A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago. SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop the project, which has been named the MUI Meta-Blockchain. While profits associated with Bitcoin have become “highly concentrated with a small number of miners with large capital [...] especially those who have the most powerful computers,” both parties want to pursue the type of decentralized …
Today, Jan. 3, marks ten years since the creation of the very first block on the Bitcoin (BTC) blockchain. Known in more technical parlance as a “genesis block,” the first block on a blockchain is unique in that it — logically — contains no reference to any previous blocks, and is always hard-coded into the network’s software, establishing all of the necessary variables required to create the ensuing blockchain. Whereas Bitcoin’s theoretical foundations were laid with the publication of the Bitcoin whitepaper on Oct. 31, 2008, Jan. 3, 2009 heralds the first practical implementation of the world’s first cryptocurrency — …
Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created as Satoshi Nakamoto mined the genesis block, also known as block number zero. However, the identity behind the Bitcoin creator has remained one of the biggest mysteries in the crypto community since the original white paper was published by Satoshi in October 2008. Various journalistic investigations have attempted to unveil the person or group of individuals responsible for creating the top digital currency, but Satoshi’s real identity remains unknown to date. On his P2P Foundation profile — which went inactive in late 2010 — Nakamoto identifies as …
A United States court has rejected repeated requests from nChain chief scientist Craig Wright to dismiss a $4 billion lawsuit against him, documents revealed Dec. 27. In the latest stage of an ongoing legal battle over Wright’s alleged theft of Bitcoin (BTC) from the estate of deceased crypto developer David Kleiman, a South Florida District Court judge denied an application to have the charges thrown out. The case originally came to court in February, with Kleiman’s family alleging Wright stole up to 1.1 million BTC after he passed away. Wright, who has proclaimed himself to be Bitcoin creator Satoshi Nakamoto, …
Timothy C. May, co-founder of the cypherpunk activist movement and author of “The Crypto Anarchist Manifesto” has passed away at the age of 67. That information was first shared on Dec. 15 by alleged cypherpunk member Lucky Green via Facebook. According to Green, May had most likely died of natural causes earlier last week at his home in Corralitos, California, although autopsy results are still pending. May is known as the author of “The Crypto Anarchist Manifesto” — published in 1988 — in which he predicted some elements of currently existing decentralized cryptocurrencies. However, the cypherpunk ideologist was not happy …