Mt. Gox lost $600 Million
in Bitcoins, but it hopes to make good by giving half the proceeds from its upcoming auction sale of the Bitcoins.com domain to people impacted by the Mt. Gox bankruptcy. The current high bid is $185,000
"We are hoping, with the sale of Bitcoins.com, to provide some relief to the people impacted by the Mt. Gox bankruptcy,” said Mark Karpeles, founder of the failed Bitcoin exchange Mt. Gox, “and will be putting at least half of the sale amount toward that purpose.”
Heritage Auctions is expecting the high bid to be at least $750,000. Let's be generous and assume Karpeles gets $1,200,000 and gives half of that to former Mt. Gox customers. They would get 1/10th of a cent for every dollar they lost. For example, someone who lost $100,000 would get $100.
The Shadow Brokers, a previously unknown hacker group, has announced that it has stolen a trove of ready-to-use cyber weapons from The Equation Group (previously), an advanced cyberweapons dealer believed to be operating on behalf of, or within, the NSA.
Arriving in my inbox at a steady clip this morning: a series of phishing emails aimed at Bitcoiners, promising that the sender has found a bug in “the Bitcoin client” and promising “Pay 0.07 BTC today, get 10 BTC for 15 hours.”
Craig Wright’s latest effort to prove himself the creator of bitcoin ended in farce, but some commentators are tired of the whole saga, saying that it doesn’t matter who invented Bitcoin because its decentralized nature renders the creator irrelevant. Adrian Chen disagrees: “the idea that Nakamoto’s identity is irrelevant is wishful thinking.” Most obviously, Nakamoto’s […]
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