Key Highlights: Historical correspondence involving Bitcoin creator Satoshi Nakamoto details the network’s extreme fragility in its early months, when it frequently relied on just three to five active connections. Research by an investigator named Murray links an IP address mentioned in Nakamoto’s emails to an Austin, Texas connection associated with early cypherpunk Dustyn Trammell. While ...
Key Highlights Galaxy Research detected a mystery entity repeatedly broadcasting an identical poem across the Bitcoin blockchain using non-standard 103-byte OP_RETURN outputs. Over a 12-day span, the sender conducted 28 mystery message transactions and 14 round trips between their wallet and a custodial service, spending minimal mining fees. Potential theories behind the behavior include automated ...
Key Highlights: Bitcoin mining difficulty surged by 5.92%, moving from 132.72 trillion to a seven-month high of 140.58 trillion. The adjustment marks the third-largest difficulty increase of the year and the 10th positive adjustment across 21 total revisions in 2024. Bolstered by improved revenue metrics, Bitcoin’s global computing power climbed back above 1,000 EH/s, reclaiming ...