In the years since the still-anonymous ‘Satoshi Nakamoto’ created the first cryptocurrency, Bitcoin, crypto has proven to be polarizing. Proponents argue that cryptocurrencies offer a transparent alternative to fiat currencies like the dollar. Crypto transactions are permanently recorded on a decentralized ledger known as a blockchain, making them potentially resistant to censorship. For political dissidents,…
As Crypto Rises, Some Bemoan Its Carbon Footprint
February 11, 2022
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Bitcoin Trial: Defendant Wins Dispute Over $50 Billion in Bitcoin
NEW YORK—Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions. A Florida jury found that Wright did not owe half of 1.1…
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