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4 articles found
Latest
Adam Back: The Cypherpunk and Blockstream CEO
Adam Back is the brain behind the Hashcash proof-of-work system and the co-founder of Blockstream. His extensive list of achievements is impressive, yet many know him primarily as a cypherpunk and a close associate of Satoshi Nakamoto.
Blockstream Engineer: Bitcoin Set for Layer 2 Explosion
During her presentation on the “state of the chain” at Consensus 2023 conference, Lisa Neigut, a Lightning Protocol engineer for Blockstream, announced that the Bitcoin ecosystem is on the brink of a layer 2 “Cambrian explosion”.
Betting stories on the BTC price keep rolling in!
According to Blockstream CEO Adam Back, Bitcoin is set to hit $100,000 before its 2024 halving. He's wagered against a Twitter user, Vikingobbitcoin, who believes it won't happen until 2025. The loser of the bet will owe 1 million sats.
Mt.Gox creditors will finally get their money back
Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount. For 2019, the exchange balance was 142 thousand BTC ($3.3 billion), 143 thousand BCH ($19 million) and $510 million in Japanese yen. It must be said that the situation with Mt.Gox was so hopeless that many investors perceived the receipt of their coins as a gift from the gods. In addition, bitcoins were lost at a completely different price. Adam Beck, CEO of lending company Blockstream, says: “I pretty much wrote off the bitcoins I had on Mt.Gox as a loss. So philosophically, whatever I get now is a cold storage bonus.”
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