Tag: Time

Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier

Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier 10 days after the Tulip Trust expired, new court filings have appeared in the billion-dollar Kleiman v. Wright lawsuit. One document describes the professed existence of a Tulip Trust III, which was shown to the plaintiffs on January […]

Here’s What Happens When You Use Lightning Network for the First Time

Here’s What Happens When You Use Lightning Network for the First Time Do you remember receiving your first bitcoin? Seeing those satoshis arrive in your wallet is a magical, almost spiritual, experience. In that moment, the most beautiful thing about bitcoin is not its censorship resistance or pseudonymity: it’s that […]

Time to Pay Attention: Bitcoin Nears Major Confluence Level as Bulls Fight Back

Time to Pay Attention: Bitcoin Nears Major Confluence Level as Bulls Fight Back Bitcoin’s bears roared last night after the cryptocurrency plunged below its key near-term support level at $ 8,700, although this BTC dip was met with decent buying pressure that allowed it to once again reclaim this support […]

Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC

Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 […]

‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins

‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that […]