#BTC

Tulip Trading's lawsuit against 16 BTC developers will be heard in a London court, according to the UK Court of Appeal. If that isn not enough, consider that the plaintiff is Craig Wright, a computer scientist who claims to be Satoshi Nakamoto. And the Bitcoin community constantly criticizes him for this. A Norwegian court ruled in October of last year that Wright had lied in an effort to support his claims of authorship of BTC.

This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean. The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background. At that time 500 BTC worth $1. Today it is almost $12,000,000,000. As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas.

A bitcoin miner with only 10 terahashes hardware capacity was able to get a new block by himself. The probability of such a jackpot with a similar hash rate is less than 0.00001%! The miner's reward is 6.25 bitcoins per block, which is about $131,000 and many times than the old Asic costs. However, if you feel an uncontrollable urge to run to AliExpress for energy-consuming equipment, remember that this example is a real miracle.

The Wall Street Journal recently published a sensational article about a handful of mysterious coders-maintainers who back Bitcoin Core and have the power to crash the network at any time! It turns out that Bitcoin Core only has 5 maintainers, with the sixth leaving the group due to burnout and health issues. And only 17 people had the ability to change the code throughout the entire BTC existence. Furthermore, the code base is hosted on GitHub, a Microsoft-owned website... What? Five cripples decide the fate of the world's most decentralized project? While our editor was getting an indirect heart massage, our techs reassured everyone that this was pure FUD and that there are plenty of ways to avoid any of these guys' tricks. Also, the well-known cypherpunk Adam Back has already come up with a counter-argument. Take a deep breath and relax!

The Cardano project released the Valentine upgrade on Valentine's Day. Evidently, to ensure that lonely devs won't be without a gift. What about the features of the upgrade? Ability to create cross-network bridges that enable transactions to occur between various blockchains. Enhanced cryptographic features. Improving cross-chain decentralized application (dApp) development on the smart contract platform. The price of the ADA token increased by 8%, outperforming BTC and ETH.

Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents' home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office. The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company's wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?) And here's a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them.