New Partnership Adds Crypto Payment Routes on Shopify

A partnership with crypto payment processor CoinPayments means bolstered digital asset payment compatibility for Canadian e-commerce giant Shopify.  “Shopify is a natural fit for us,” CoinPayments CEO Jason Butcher told Cointelegraph via email, adding: As they look to bring new features to their merchant base and CoinPayments works to drive cryptocurrency adoption globally, it makes sense to create an integration that enables easy, secure, and cost-effective transactions.” Shopify sellers can accepts thousands of assets Shopify sellers can now harness CoinPayments’ digital asset payment processing platform, paving the way for sellers to accept…

Cardano Development Company to Join Hyperledger Project & W3C

IOHK, the company charged with the development of Cardano (ADA) will be joining the Hyperledger Project and W3C. Cardano founder and CEO and co-founder of IOHK, Charles Hoskison, in a recent Cointelegraph interview, confirmed that the company will be joining the two organizations. Will help with bidding process Hoskinson believes that IOHK will benefit from their shared knowledge. He also feels that the partnership will give it an edge in the bidding process: “We would like to start consolidating some of our enterprise ledger ideas and bring it there, “A”, …

Legendary Cryptographer on Building the First Blockchain in The ’90s

In an exclusive interview with Cointelegraph, renowned cryptographer Jean-Jacques Quisquater discusses building the internet’s first blockchain in the 1990s and being cited in the Bitcoin Whitepaper. In 1989, Quisquater began working on transitioning media from analog to digital systems for Philips Research Lab in Brussels, where he had been working for 19 years. “The goal was to take a current (analog) situation in real life, and find out how to handle it in digital systems,” said Quisquater.  We did that for analog signatures, time, location … and we discovered many…

Did Satoshi Just Move Craig Wright’s Bitcoins?

On May 20, reports indicated that Satoshi Nakamoto may have reactivated himself in order to move 50 Bitcoins (BTC) first mined back in February 2009. Upon further research, it was discovered that these were not just any Bitcoin. They are Bitcoin that Dr. Craig Wright himself has laid claim to. Transactions in question The transaction in question transferred 50 BTC to two addresses with a 40/10 split (this split is reminiscent of the famous first ever Bitcoin transfer, which sent 10 BTC from Satoshi to computer scientist, Hal Finney). The…

In Congress, a New Bill Asks for Mass Survey of Blockchain Technology in the US

On May 19, Representative Brett Guthrie (R-KY) introduced the “Advancing Blockchain Act.” Per a May 18 draft of the legislation obtained by Cointelegraph, the bill asks the Federal Trade Commission and the Secretary of Commerce to put together a new survey of blockchain’s uses and the state of adoption in the United States. Establishing jurisdictions for different federal agencies? The bill looks for new determination of the role of federal agencies, asking the regulators tasked with the survey to:  “Conduct a survey of Federal activity related to blockchain technology to…

Adam Back Thinks Recent BTC Move Wasn’t Satoshi

Cryptographer and inventor of Hashcash, Adam Back, does not think recent transactions from the 11-year-old wallet involve pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.  “People need to chill,” Back said in a May 20 tweet. “If Satoshi was selling coins, surely he would sell his most recently mined, and so most anonymous first.” Bitcoin moved from a old wallet On the morning of May 20, the crypto market caught wind of Bitcoin transactions sent from one of the oldest known Bitcoin wallets. A wallet from 2009, just several weeks following Bitcoin’s launch, received…

Fran Finney & Others Deny Moving Possible ‘Satoshi’ Bitcoin

Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by Finney’s wife Fran.  “Very odd,” Fran Finney told Cointelegraph when questioned on the recent transactions sent from a Bitcoin wallet that, prior to today, sat untouched for more than a decade. “These were not coins my husband mined and we had nothing to do with this,” she added.  Hal Finney died from amyotrophic lateral sclerosis, or ALS, in 2014. Finney’s wife Fran works with the ALS Association, an organization devoted…

One Top Crypto Prepares to Lift Off as Social Engagement Metrics Explode

Most of the top cryptocurrencies by market capitalization have been able to outperform Litecoin since March’s Black Thursday. Since then, Bitcoin and Ethereum are up by more than 130%. Even XRP has been able to recover most of the losses incurred during the marketwide meltdown as it rose by nearly 88%. Meanwhile, the seventh-largest crypto is up only 84%. Such an upward advance is quite significant, but when compared to the rest of the market, it seems minuscule. Regardless, on-chain metrics reveal that Litecoin could be preparing for liftoff. Litecoin’s…

Bitcoin Price Unfazed by 50-BTC Transaction From Satoshi-Era Wallet

Someone, whose identity cannot be unraveled, has sent 50 Bitcoin that was mined back in February 2009 to two different wallets. Considering that the first block of Bitcoin (BTC) was mined in January of the same year, it narrows down the individual to either Satoshi Nakamoto himself or a few other miners who were present at the time. 50 BTC mined in February 2009 moves. Source: Blockchair It is highly unlikely that Satoshi himself moved the 50 BTC for various reasons. The most obvious evidence that disproves it is Satoshi…