Bitcoin articles

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Self-proclaimed Bitcoin inventor sentenced for contempt of court after launching $1.2 trillion lawsuit

Craig Wright has been sentenced to 12 months in prison
What just happened? Craig Wright, the Australian computer scientist who has repeatedly made the false claim that he is Bitcoin inventor Satoshi Nakamoto, has been found to be in contempt of court and handed a 12-month jail sentence for continuing to sue developers.
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Beyond Bitcoin: IMF champions central bank digital currencies

The big picture: Not long ago, Bitcoin and other cryptocurrencies were supposed to be the future of money and blockchain technology was poised to revolutionize everything. But now, nobody seems to remember the blockchain revolution anymore – a solution still in search of a problem – and Bitcoin remains a niche market for financial speculators.