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Cointelegraph Profile picture
@Cointelegraph
Jul 31 • 2 tweets • 1 min read • Read on X
Mt. Gox moved $3B in #Bitcoin, and the market shrugged. Analysts believe most Mt. Gox creditors are holding strong. Image
Over 41.5%, or 59,000 #Bitcoin of the total of 141,686 $BTC, has been redistributed to creditors of Mt. Gox since July 5.

cointelegraph.com/news/mt-gox-bi…

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More from @Cointelegraph

Cointelegraph Profile picture
Oct 30
🔍 EXPLAINED: If you've been wondering about the difference between onchain volume and trading volume in crypto, you're not alone. Let's break down these crucial metrics in simple terms. 🧵 Image
Onchain volume represents all cryptocurrency moving directly between wallets on the blockchain. This is the most transparent view of fund movement, capturing every wallet transfer, smart contract interaction, and payment on the network.
Trading volume tells a different story - it shows us how much crypto is being traded on exchanges. We saw this in action when Bitcoin ETFs launched, generating an impressive $4.6 billion in trading volume on their very first day!
Read 5 tweets
Cointelegraph Profile picture
Oct 25
📖 INSIGHT: MicroStrategy's journey to becoming one of the largest #Bitcoin holders globally is a masterclass in corporate financial engineering. Here's how they're using debt to fuel their Bitcoin acquisition strategy. 🧵 Image
Image
It all started in August 2020 with a modest $250 million Bitcoin purchase using cash reserves, but MicroStrategy quickly realized they could scale faster by leveraging debt through convertible notes and bonds.
Their innovative approach involves two main financial instruments: convertible notes that can become company shares later, and senior secured notes backed by company assets, allowing them to raise billions for Bitcoin purchases. Image
Read 7 tweets
Cointelegraph Profile picture
Oct 5
What is Pi Network? 🤔

Launched in 2019, it's a blockchain project that's got the crypto world buzzing - but is it legit or just another scam?

Let's break it down: 🧵 Image
Pi Network claims to make crypto mining accessible to everyone by letting users mine Pi coins right from their smartphones with just a daily tap in the app. No fancy equipment or huge energy bills needed! Image
The brains behind Pi? A team of Stanford grads aiming to create the world's most inclusive and widely used peer-to-peer network. Here's where it gets tricky: Pi Network has faced some serious skepticism. Critics point to a lack of transparency and compare it to pyramid schemes.
Read 6 tweets
Cointelegraph Profile picture
Oct 5
🔎 INSIGHT: Who was Len Sassaman, and why is HBO speculating he might be Satoshi Nakamoto?

Let's dive into this #Bitcoin founder mystery. 🧵 Image
Len Sassaman was a renowned cryptographer and privacy advocate. During his late teens, he became involved with the cypherpunks in San Francisco. Image
Sassaman worked on important privacy projects like Pretty Good Privacy software and GNU Privacy Guard. He co-founded the SaaS startup Osogato with his wife, computer scientist Meredith Patterson.
Read 9 tweets
Cointelegraph Profile picture
Sep 16
🚨 Vitalik Just Made a Bold Statement at Ethereum Singapore 2024

Ethereum’s co-founder took the stage to highlight a critical shift: solo stakers could be the key to Ethereum’s long-term security.

Here’s why it matters:
Why Solo Stakers Matter

Solo stakers are the backbone of Ethereum's decentralization. By staking individually, they reduce reliance on large institutions and protect the network from centralized control.
Defense Against 51% Attacks

Even with a small percentage of $ETH staked, solo stakers make it harder for any single entity to take over the network or execute a 51% attack.
Read 5 tweets
Cointelegraph Profile picture
Sep 15
🧐 The SEC vs. Ripple Lawsuit: The Longest Crypto Legal Battle With The SEC in History

Here’s what you need to know 🧵
Image
Image
At its core, the lawsuit centers on whether XRP should be classified as a security or a digital currency. The SEC claims the former, Ripple argues the latter.
Key impacts:

• XRP's value dropped over 50% after lawsuit announcement
• Major exchanges delisted XRP
• Ripple faced significant legal challenges
Read 8 tweets

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