Top Stories This Week
Bitcoin mining difficulty surpasses 80 trillion ahead of halving
Bitcoin mining difficulty, which measures how difficult it is to solve the complex cryptographic puzzles used in the mining process, passed 80 trillion on Feb. 16. The network’s hash rate reached 562.81 exahashes per second and the mining difficulty hit a record 81.73 trillion, according to BTC.com. Bitcoin mining difficulty has steadily risen since January 2023 and is expected to reach 100 trillion in the next few months. Bitcoin’s mining rewards will be cut in half in April in what’s known as the Bitcoin Halving.
Newly released Satoshi emails reveal a treasure trove of early Bitcoin lore
A litany of insights into the early days of cryptocurrency were recently revealed when Bitcoin creator Satoshi Nakamoto’s earliest collaborator, Martti Malmi, published 120 pages of email correspondences between the two on GitHub on Feb. 23. The emails were initially introduced as evidence in a London court case involving the Crypto Open Patent Alliance and Craig Wright, who has claimed to be Nakamoto. For historians and Bitcoin lore enthusiasts, the emails include many fantastic quotes and a general air of Satoshi-ness.
FTX to add over $1B to cash stack after court approves Anthropic sale
Bankrupt crypto exchange FTX has been given the judge’s nod to sell over $1 billion worth of its shares in artificial intelligence startup Anthropic. The decision was reached after FTX made concessions to some customers who objected to the sale. The customers had claimed the Anthropic shares didn’t belong to FTX, saying they were purchased with misappropriated customer funds, citing evidence presented during FTX co-founder Sam Bankman-Fried’s criminal trial. However, they agreed to the sale with the condition that they were later allowed to claim money from it for FTX users. Funds from the sale will be added to the $6.4 billion banked to pay creditors for the bankrupt exchange.
Circle, the issuer of…
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