A London court is hearing the case of computer engineer Craig Wright to determine if he is in fact behind the pseudonym Satoshi Nakamoto, the creator of the digital currency
Australian computer scientist Craig Wright has long claimed to be the creator of bitcoin and owner of a $77 billion crypto cache. Now a court must decide whether it’s true or a hoax for the ages.
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Cryptocurrency market bloodbath: 5 risk factors and whys
The bloodbath in the cryptocurrency market has continued apace this afternoon with nearly all the major coins suffering double-digit selloffs, as investors hoping for a bounce-back from a Sunday flash crash were severely disappointed.
Bitcoin (BTC) has plunged below the psychological US $50,000 level on Friday by shedding around 13% to hover just over US $47,000 while Ethereum (ETH) is down 13%, ripple (XRP) 21%, Binance Coin (BNB) 14%, cardano (ADA) 16%, ChainLink (Link) down 15%, Dogecoin (DOGE) 12%, Stellar (XLM) 17%, Litecoin (LTC) 18%, Vechain (VET) 23 and Bitcoin Cash 18%.
Interestingly, early this morning the crypto currency market appeared to be recovering from Sunday’s flash crash, with the second-largest cryptocurrency Ether hit new high above US $2,600.