Who Is The Person HBO Identified As Satoshi Nakamoto?
The 39-year-old Canadian is known for his long-standing contributions as a lead developer, advisor, and programmer for various cryptocurrency and blockchain projects.
Peter Todd Denies Despite this, Todd has consistently denied being Nakamoto, both before and after the documentary aired. He stated flatly on X: “I am not Satoshi.”
On October 8, BitMEX Research posted on X that some of the evidence in the documentary suggesting Todd is Nakamoto is “completely absurd” and that there is “no basis” to believe it.
Len Sassaman Biography: The Most Likely Satoshi Nakamoto?
This article explores the background and contributions of Len Sassaman as a possible candidate for Satoshi Nakamoto. Len Sassaman was a prominent cyberpunk and cryptographer who played a significant role in the development of PGP encryption and open-source privacy technologies, and conducted research on P2P networks under the direction of blockchain inventor David Chaum. His death coincided closely with the disappearance of Satoshi Nakamoto, leading to speculation about his possible identity as Satoshi.
Len's Career and Contributions
Len was an authority on public-key cryptography, collaborating with Hal Finney to develop PGP and contributing to OpenPGP's implementation of the GNU Privacy Guard. He was one of the main developers of the Mixmaster remailer, a technology that is one of the precursors to Bitcoin. During his time at COSIC in Belgium, Len researched privacy-enhancing protocols and P2P networks under the direction of David Chaum. Connections to Satoshi
Len's research and work bear many similarities to the development of Bitcoin, including a deep understanding of P2P networks and cryptography. He had connections to many significant figures in the cyberpunk community, such as Adam Back and Bram Cohen. The chronology of Len's life and work aligns with Satoshi's period of activity, and the British English he used matches Satoshi's.
Conclusion
Although there is no conclusive evidence that Len Sassaman is Satoshi Nakamoto, his background and contributions make him a strong candidate. This article calls for attention to the unsung heroes who have contributed to cryptocurrencies and information security, while emphasizing the importance of mental health awareness.
Solana [SOL] is on the brink of a potential breakout as whales accumulate and shorts are liquidated
Solana [SOL] is causing a stir in the market after bouncing off its recent lows on the price charts. Traders are closely watching to see if SOL can successfully break out of its resistance levels and start a bullish rally. On-chain data reveals that whales, who hold over $5 million worth of stablecoins, control 61.63% of the total supply, suggesting confidence in a potential upside move. Recent liquidation data shows a significant increase in short positions being liquidated compared to long ones, indicating caution among short traders and adding fuel to the upside potential. The long/short ratio reflects a growing bullish sentiment among traders, but with a significant percentage still betting against Solana, volatility can be expected. Traders should keep a keen eye on the resistance levels as Solana stands on the brink of a potential breakout.
BNB at a Crossroads: Uncertainty in the Volatile Market
BNB traders are facing uncertainty over the cryptocurrency’s future movements. Binance Coin (BNB) hit an all-time high of $720 in 2024, but has been consolidating ever since. BNB’s next move in this volatile market is uncertain, with possible paths including a rally to $720 or a drop to $495.8. BNB’s limited supply and positive market sentiment indicators suggest the possibility of a rally. The RSI indicator also indicates a bullish shift in the market.
Chainalysis Report: Stablecoin Transactions Now Account for 43% of Total Cryptocurrency Trading Volume in Sub-Saharan Africa
Chainalysis’ latest report indicates that stablecoin transactions now account for 43% of total cryptocurrency trading volume in Sub-Saharan Africa, primarily due to an increase in demand for stablecoins as a result of the devaluation of the local currency. The significant devaluation of currencies in Nigeria and Ethiopia has driven the widespread use of stablecoins, particularly in Nigeria, where cryptocurrency trading volume reached approximately $59 billion in the past year, with 85% of transactions being less than $1 million. The report also notes that stablecoins are gradually replacing Bitcoin as the most received cryptocurrency asset in South Africa.
Will Bonk Coin Surpass July High in October? Technical Indicators Suggest…
The RSI was at 73, but was at risk of forming a bearish divergence if it failed to break above 74.69 in the coming days. Bonk [BONK] was one of the popular meme cryptocurrencies that held up well while the majority of the market was experiencing increasing selling pressure. BONK also saw a large short-term drop, but bulls were quick to buy it up. This influx of buying saw the Bonk coin recover 10.8% after the drop. A resistance level that has not been breached since July was in the way of the bulls – will they manage to break through this level soon? The Bonk coin showed remarkable strength despite the market-wide price drop over the past three days. This panic selling saw BONK retest the previous range highs and continue its uptrend.
Cryptocurrency exchange Binance says it is complying with international sanctions by blocking access to its platform for sanctioned Russian individuals and entities. "Compliance with regulations is always our top priority. We are deeply committed to our users and maintaining their trust in our platform. Binance is constantly investing in our team and systems to protect our users," a Binance representative said.
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MicroStrategy Acquires Additional 18,300 Bitcoins for $1.1 Billion, Bringing Total BTC to Its Portfolio
MicroStrategy has acquired an additional 18,300 bitcoins for approximately $1.1 billion, increasing its total to 244,800 BTC. The acquisition was made at an average price of $60,408 per bitcoin between August 6 and September 12, according to an SEC filing. The company's total investment in bitcoin now amounts to approximately $9.45 billion, with an average purchase price of $38,585 per bitcoin. This latest purchase was funded through the sale of 8,048,449 shares of the company's stock, raising $1.11 billion. MicroStrategy's share price has seen a slight increase of 0.1% in pre-market trading, while the current trading price of bitcoin is $57,800.
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Bitcoin Dominance Hits New Cycle High, Altcoin Season Delayed
On September 3, Matrixport published a chart report indicating that Bitcoin dominance has reached a new cycle high, suggesting a strong market preference for Bitcoin despite a typical summer dip in cryptocurrencies. The report highlights Bitcoin’s role as a stable anchor in the market, maintaining its position as a reliable pillar since its inception 15 years ago.
Bitcoin's decline is expected to slow down at the $55,500 support level, according to Deribit analyst.
On September 2, Deribit analyst Anand Raj reported that Bitcoin has broken the $57,700 support level, forming a lower low and indicating a downtrend. However, due to the $55,500 support level, the decline in Bitcoin price is expected to slow down.