The threat from 1 million Bitcoins of Satoshi Nakamoto ??
Emin Gün Sirer, founder of Ava Labs, warns that 1 million Bitcoins belonging to Satoshi Nakamoto may face threats from quantum technology. Reason: 👉 This early Bitcoin is stored in a very old format called Pay-To-Public-Key (P2PK).
👉 P2PK differs from the current standard (Pay-To-Public-Key-Hash - P2PKH), as it publicly reveals the Public Key as soon as the transaction is created. This allows hackers to use sufficiently powerful attack tools, such as future quantum computers, to deduce the Private Key and seize this Bitcoin.
+ BTC dropped to nearly $94K before rebounding to $97K5, red-hot altcoins pushed 24-hour liquidation value to a yearly high of ~ $1.72B [CT]
📝 ETF Spot session on 09/12 [CT] + BTC up $483.6M; notable is Fidelity +$175M, BlackRock +$398.6M + ETH up $149.7M; specifically, BlackRock +$155.3M; Bitwise, 21 Shares, and GrayScale are selling funds
+ Russia considers building a strategic Bitcoin reserve [CT]
+ El Salvador has to accept relaxing the requirement for businesses to accept Bitcoin to reach a $1.3 billion loan agreement from the IMF [CT]
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Bitcoin just reached $104,000 but who owns the most Bitcoin?
Satoshi Nakamoto holds the most bitcoins, estimated at 1.1 million BTC. Satoshi not only invented but also launched Bitcoin by becoming the first miner to create transaction blocks. It is estimated that Satoshi mined over 22,000 blocks starting January 3, 2009, and received over a million bitcoins in accumulated block rewards for this work. How many Bitcoins does Satoshi have? As a result, Satoshi is estimated to have more than 1.1 million BTC, valued at about $113 billion in December 2024. These bitcoins are not stored in one address but spread across about 22,000 addresses. None of them have been spent except for a few experimental transactions. Satoshi left the project in 2010 and has not been heard from since.
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Transaction now $BTC Which brother reads the old article and has actions that have picked up quite a bit already? 🔷Currently, when comparing lending/borrowing products on the market, Morpho's product achieves the best flexibility
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They: Did your friend make a lot of money from Bitcoin? Cz: Not really, I am still holding Bitcoin, it's just that everything else has become cheaper compared to Bitcoin.
You really have a strong vibe. Is it implying that you all should hold on?
If you are interested in the next altcoin view, please give me a thumbs up so the trading team can post in 5 Minutes Crypto.
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