Bitcoin worth $108 billion traced back to mystery founder

Bitcoin worth $108 billion traced back to mystery founder


The post Bitcoin worth $108 billion traced back to mystery founder appeared on BitcoinEthereumNews.com.

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it. Your support makes all the difference. Read more A cryptocurrency stockpile worth more than $100 billion has been traced back to the mysterious inventor of bitcoin, according to new research. Crypto data platform Arkham Intelligence discovered that wallets associated with bitcoin’s pseudonymous founder Satoshi Nakamoto currently hold just over 1 million BTC, which is worth $108 billion at today’s prices. This fortune would rank Nakamoto among the top 15 wealthiest people on the planet, ahead of Microsoft founder Bill Gates on Forbes’ Real-time Billionaires List. “We’ve added an additional 22,000 Satoshi addresses with a total BTC balance of 1,096,354 to the Satoshi Nakamoto entity on Arkham,” the company posted on X. “These are derived from a known mining pattern referred to as the Patoshi Pattern, and include the only (known) addresses from which Satoshi spent BTC from.” Since the launch of bitcoin in 2009, the identity of its creator…



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