On Sunday, hackers took over the Reddit account and personal blog of Mark Karpeles, Mt. Gox’s CEO, to post an angry screed alleging that the exchange he ran had actually kept at least some of the bitcoins that the company had said were stolen from users.
Leah McGrath Goodman’s recent cover story for Newsweek, investigating the identity of Bitcoin founder Satoshi Nakamoto, has generated an immense amount of international attention, including denials from Nakamoto, criticism of Goodman’s reporting and ad hominem attacks on her character.
In the world of digital currency, misinformation spreads quickly, and there may be no greater recent example of this than California Assembly Bill 129, a piece of proposed legislation that has been heralded somewhat incorrectly as an already successful move by the state to “legalize cryptocurrencies.”
South Korea is the latest country to introduce its first Bitcoin ATM.
Those of you fortunate enough to live near London’s Tech City can get your hands on some Bitcoin more easily than ever before, thanks to a newly-installed Bitcoin cash machine.
If I had a bitcoin for every person I’ve met in the past six months who told me that Bitcoin is a scam then I’d be a rich man. Or a poor one, depending in which day of the week we’re talking about.
Today’s CoinDesk Bitcoin Price Index is $626.37 as of 8:03amET.
Far from leading to a Tokyo-based whiz kid using the name “Satoshi Nakamoto” as a cipher or pseudonym (a story repeated by everyone from Bitcoin’s rabid fans to The New Yorker), the trail followed by Newsweek led to a 64-year-old Japanese-American man whose name really is Satoshi Nakamoto.
Whether or not Newsweek’s man is indeed Bitcoin’s creator is unknown and will probably remain so, since the man in question is refusing to confess.
On Thursday afternoon, the silver-haired, bespectacled Satoshi Nakamoto stepped outside, dressed in a gray sport coat and green striped shirt, with a pen tucked in his shirt pocket.