Self-proclaimed Bitcoin creator Craig Wright committed fraud according to Florida court documents

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Craig Wright, the controversial creator of Bitcoin SV claiming to be Satoshi Nakamoto, could be facing jail time for fraud. Documents from a Florida court proved that Wright committed perjury, as his defense contradicts an affidavit he previously submitted to an Australian court. Wright summoned to appear in court, documents reveal he committed fraud Craig…

Jack Dorsey’s open-source Bitcoin initiative makes its first hire

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Jack Dorsey’s open-source Bitcoin initiative, Square Crypto, brings on a former Google project manager as its first hire. Jack Dorsey launched Square Crypto this March as an open-source project to improve the Bitcoin and cryptocurrency ecosystem “independent” of his two companies, Twitter and Square. Square Crypto will hire up to five people to work on…

Justin Sun invites the founders of Ethereum, Litecoin, and Binance to lunch with Warren Buffett

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As part of his winning $4.6 million bid for lunch with Warren Buffett, TRON CEO Justin Sun has the opportunity to invite up to seven guests to accompany him. His preliminary picks—Vitalik Buterin from Ethereum, Charlie Lee of Litecoin, and Changpeng Zhao (CZ) of Binance. After an agonizing week of teasers, Justin Sun revealed that…

Coinbase President Asiff Hirji is second executive to leave firm this month

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Asiff Hirji, president and chief operating officer at Coinbase, is the second high-profile departure at the crypto exchange this month. Hirji’s departure is the latest in a string of executive-level officers to leave Coinbase in 2019. He follows hot on the heels of chief technology officer Balaji Srinivasan, who left at the start of the…

Why BitMEX CEO believes the bitcoin bull market is just starting

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Arthur Hayes, the CEO of BitMEX, the most widely utilized margin trading platform for crypto assets such as bitcoin and Ethereum, has said that the bitcoin bull market is real. Hayes said on Twitter: “The bull market is real. A momentary dip below $7,000, and a few days later we are back above $8,000 and…

Bitcoin Pizza Guy featured on Anderson Cooper’s 60 Minutes

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The beloved “Bitcoin Pizza Guy,” Laszlo Hanyecz, will be featured in the next airing of 60 Minutes where he will explain how he spent almost $800 million on pizza. Set to air on Sunday, it will be the first TV interview Hanyecz has ever given and will help bring Bitcoin to a much wider audience. Bitcoin…

Ethereum co-founder predicted the bottom for bitcoin, the future looks bright for crypto

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Joseph Lubin, the co-founder of Ethereum and one of the crypto titans, accurately called the bottom of the 2018 bear market. Amidst the mass layoffs and restructuring of ConsenSys, and contrary to the “epic amount of fear, uncertainty, and doubt” in the market, Lubin asserted the industry has a “very bright” and exciting future. Industrialists…

Why Vitalik Buterin thinks Ethereum and DeFi will disrupt finance

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Vitalik Buterin asserted that finance is likely the first sector that will be disrupted by blockchain. The advent of decentralized finance (DeFi)—with projects such as MakerDAO, Augur, Uniswap, and Etherisc—has the potential to disrupt the “insanely inefficient” sector. Is DeFi Ethereum’s Killer App? Vitalik Buterin said while delivering a talk at ETHCapeTown 2019: “If you…

Bitcoin and gold, why Warren Buffett doesn’t invest in either

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As excitement starts to once again build in bitcoin, it is important to consider why it may underperform as an investment. Warren Buffett, one of the planet’s most influential investors, has an aversion towards both BTC and gold. And, his reasoning may have some merit. Warren Buffett’s Thesis on Investing Warren Buffett invests in productive…

Binance delists Bitcoin SV following Craig Wright’s legal threats

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Binance released an official statement informing users of the imminent removal of Bitcoin SV (BSV) from the exchange’s list of traded cryptocurrencies. The action follows Craig Wright and Calvin Ayre, the proponents behind BSV, issuing legal notices to those denouncing Wright as a fraud—and not Satoshi Nakamoto. The Delisting Process According to the statement from Binance, all…