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Bitcoins

‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright

<header class=”article__header”> </header> <strong>On May 16, an unknown person posted a signed message to social media concerning a bitcoin address that was used as evidence in the ongoing Kleiman v. Wright lawsuit. According to the message, which is verified to be the rightful owner of the address used in the Florida lawsuit, the address never …

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Blockchain Researchers Mock Craig Wright’s Unsealed Bitcoin Address List

<header class=”article__header”> </header> <strong>The ongoing lawsuit between the relatives of Dave Kleiman and Craig Wright continues to unfold as a filing has been unsealed that shows a list of addresses tied to the first 70 bitcoin blocks Wright claims to have mined. However, not long after the redacted list was unsealed, researchers at Wizsec Security …

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Mt. Gox Creditors Have a Second Chance to Appeal Claim Decisions

<strong>According to the official Mt. Gox website, creditors of the now defunct bitcoin exchange have one last chance to dispute their claims. The civil rehabilitation trustee, Nobuaki Kobayashi, has also explained the details surrounding the court’s decision to approve or disapprove filed claims.</strong> Also read: Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement …

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Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes

<strong>With bitcoin ownership, it’s very important to back up your mnemonic seed phrase in order to restore your funds in case of an emergency. For instance, a device holding a wallet can be broken, get lost or stolen and the backup is the only way to retrieve the funds after these mishaps. The following is …

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Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations

<header class=”article__header”> </header> <strong>On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations.</strong> Also read: Mineable Cryptocurrencies Are Far More Valuable …

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Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright

<strong>On March 15, well-known Bitcoin developer Jeff Garzik revealed he was subpoenaed by the U.S. District Court of Southern Florida in the infamous Kleiman vs Wright bitcoin lawsuit. The Kleiman family is suing the self-proclaimed Satoshi for roughly 300,000 BTC and Garzik has been served by the court and asked to submit assorted documents and …

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Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate

<strong>21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. …

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