Mar 08, · Bitcoin CEO Found Dead Along With 9 High-Profile Bankers This Year. Why are major bankers across the world, and now the CEO of Bitcoin, turning up dead? year old Autumn Radtke, CEO of Bitcoin, supposedly jumped to her death last week. This year, a total of 9 other prominent, international bankers have ‘killed themselves’ within a matter of only a few natur-holzbausteine.de: William Charles. Aug 07, · Bitcoin invented the crypto scene as we know it. Almost everyone would agree that bitcoin and the white paper behind it, is a work of genius. Yet we live it Author: Clem Chambers. Nov 01, · Nov 4, His return is imperceptible, at first a faint rumour in some dark reach of the web. A lone cybersecurity researcher uncovers curious activity on a long-dormant Bitcoin wallet, unused since It appears a single “satoshi”—worth 1/millionth of a bitcoin, the smallest possible unit—has been transferred from one of the digital wallets believed to have been owned by Satoshi Nakamoto, Author: Ben Munster.
Bitcoin inventor killedQuadriga CEO Gerald Cotten dies, leaving $ million of cryptocurrency locked away - CNN
Suppose Satoshi decrees that Bitcoin is not intended as a store of value—would people listen? But his political influence could prove an immense regulatory headache. Bitcoin is the only cryptocurrency to be almost definitely not a security. But a security is an asset that investors expect will rise in value, based on the efforts of a third party.
If Satoshi were to return as a disproportionately powerful influence, might that change the way the ur-crypto is regulated? Of course, some people will simply write off the whole satoshi transaction as sleight of hand—a fraud. The same goes for signing a message with the PGP key for his registered email address, or offering up a time-stamped early draft of the Bitcoin white paper. Again, this can be stolen, backdated, forged. One of the most prominent Satoshi claimants, the Australian computer scientist Craig Stephen Wright, was widely discredited after it appeared that early online manuscripts had been backdated , to make them look as though they had pre-empted Bitcoin.
The darkest prognosis comes from Ameen Soleimani, founder of crypto adult entertainment platform SpankChain. Soleimani imagines an end-times bacchanal of pseudonymous cypherpunk debauchery: First, Satoshi emerges from cryogenic stasis some people believe that the real Satoshi was crypto pioneer Hal Finney, who died around the time Satoshi went silent, and had his head cryogenically frozen. Soleimani predicts there will then be a reawakening of biblical proportions.
In other words, Satoshi donates his windfall to the world. Then, of course, Satoshi is indicted on charges of securities fraud. Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now. What is an ICO? How to buy and sell bitcoin.
Many of the digital currencies held by Quadriga are stored offline in accounts known as "cold wallets," a way of protecting them from hackers. Cotten is the only person with access to the wallets, according to the company. Bitcoin is 10 years old. But it won't go mainstream until it's regulated. The unusual case highlights the risks investors face looking after their assets in the thinly regulated industry.
Cotten's death has plunged Quadriga into crisis and left it struggling to figure out how to refund more than , of its users. Read More. On Tuesday, the company said it was granted creditor protection in the Nova Scotia Supreme Court as it tries to sort out its financial mess.
Cotten's widow, Jennifer Robertson, said that the laptop that Cotten used to run the currency exchange is encrypted, according to a copy of her affidavit posted online by cryptocurrency news site CoinDesk. Beyond bitcoin: the other cryptocurrencies you should know too. The company has hired tech experts in an attempt to hack into Cotten's laptop and other devices to retrieve the missing cryptocurrencies, but Robertson warned that at least some of them "may be lost.
While the case is unusual, it isn't the first time the cryptocurrency industry has been hit by security concerns. Hundreds of millions of dollars' worth of digital currencies have been stolen by hackers over the past few years.