Categories: Business

Bitcoin creator disappeared 13 years ago: Million-dollar transfer just happened to his account


Photo: Archive

In December 2010, Satoshi Nakamoto decided to disappear. The anonymous creator of Bitcoin stopped managing his wallet. Since then nothing has been heard from him and his nickname has become something of a legend in the cryptocurrency sector. But 2024 has begun with change. After 13 years, Satoshi Nakamoto’s wallet has been reactivated.

by Xataka

Genesis has got money again. It is the name of the first wallet created on the Bitcoin network. Nakamoto’s account, whose identity remains a mystery to this day.

At 07.52am CET on 5 January, Satoshi’s account woke up with a transfer of around 27 BTC. Specifically 26,917 BTC, which is equivalent to about 1.17 million dollars. After more than a decade without operating, the original Bitcoin account again saw significant movement.

Either it was Satoshi or someone wanting attention. Conor Grogan, head of Coinbase, sums it up: “Either Satoshi woke up, bought 27 bitcoins from Binance and deposited them into his wallet, or someone just burned a million dollars.” There are a few possible explanations for this large-scale movement. Either it’s Satoshi himself who wants to deposit more money into his account or it’s someone who wants to attract attention and has given more than a million dollars to the original creator of the cryptocurrency.

To continue reading, click here.




Source link

Admin

Share
Published by
Admin

Recent Posts

100 million degrees for 48 seconds: South Korea’s ‘artificial sun’ moves closer to nuclear revolution

This is a new record that scientists from the Korea Fusion Energy Institute (KFE) have…

8 months ago

The report offers solutions for insurers facing future growth in natural disasters

Damages associated with drought, floods, hail and other increasingly violent events are expected to increase…

8 months ago

You still have time to claim this exciting investigation

An estimated 9 million people in the United States are still waiting for their final…

8 months ago

IDF recognizes “serious mistake” in killing seven members of NGO World Central Kitchen

The death of seven humanitarian workers from the American NGO World Central Kitchen in an…

8 months ago

Fortnite Shop Apr 3, 2024 – Fortnite

Today, at one o'clock in the morning, Gamer updates it Boutique de Fortnite Through the…

8 months ago

Sharon Stone tried to make a Barbie movie in the 1990s

The Basic Instinct and Casino actress looks back at a time in Hollywood when adapting…

8 months ago