🚀 Blockstream Mining Launches Third Round Of Tokenized Note Sales
#Blockstream #Mining #TokenizedNotes #Bitcoin #ComputingPower #BMN2 #CryptoSales #Blockchain
According to BlockBeats, Blockstream Mining has announced the commencement of the third round of sales for its tokenized notes, which are backed by computing power. Participants in this round will have the opportunity to earn a portion of Bitcoin generated from the company's mining activities over the next four years. The previous two rounds of BMN2 notes raised approximately $7 million in total. The third round is priced at $31,000, with holders receiving Bitcoin produced by 1 PH/s of computing power per second. A company spokesperson mentioned in an interview that this sales round will last for three weeks. Blockstream aims to raise $10 million in this latest round.#Blockstream #Mining #TokenizedNotes #Bitcoin #ComputingPower #BMN2 #CryptoSales #Blockchain
🚀 Adam Back Denies Being Bitcoin Creator Satoshi Nakamoto
#AdamBack #Bitcoin #SatoshiNakamoto #cryptocommunity #Blockstream #IRC #SchnorrSignatures #confidentialtransactions #miningdecentralization #client-sidevalidation #sidechains #BTC
According to PANews, Adam Back, the founder of Blockstream, has responded to speculation within the crypto community that he is Bitcoin's creator, Satoshi Nakamoto. Back addressed these rumors on X, stating that he joined the bitcoin-wizards IRC channel in 2013 to ask numerous technical questions about Bitcoin, such as address balances and UTXOs. He provided IRC channel logs from that time to demonstrate that he was still learning the specifics of Bitcoin then. Back emphasized that although he learns quickly and is creative, he only proposed concepts like Schnorr signatures, confidential transactions, mining decentralization, client-side validation, and sidechains in the latter half of 2013, further proving he is not Satoshi Nakamoto.
Previously, in May 2020, Adam Back had also denied rumors that he was Satoshi Nakamoto.#AdamBack #Bitcoin #SatoshiNakamoto #cryptocommunity #Blockstream #IRC #SchnorrSignatures #confidentialtransactions #miningdecentralization #client-sidevalidation #sidechains #BTC
🚀 Blockstream Secures $210 Million Convertible Note Financing Led By Fulgur Ventures
#Blockstream #Bitcoin #ConvertibleNote #FulgurVentures #Funding #CryptoFinance #BlockchainDevelopment
According to Odaily, Bitcoin infrastructure development company Blockstream has successfully raised $210 million through a convertible note financing round. The funding round was led by Fulgur Ventures. The newly acquired capital will be utilized to accelerate the adoption and development of Blockstream's Bitcoin initiatives.#Blockstream #Bitcoin #ConvertibleNote #FulgurVentures #Funding #CryptoFinance #BlockchainDevelopment
🚀 Satoshi Nakamoto's Identity To Remain A Mystery, Says Blockstream CEO
#SatoshiNakamoto #Bitcoin #Blockstream #AdamBack #cryptocurrency #decentralization #digitalgold #anonymity #BTC #ETH
According to Cointelegraph, Adam Back, the co-founder and CEO of Blockstream, believes that the identity of Satoshi Nakamoto, the founder of Bitcoin, will always remain unknown. Back considers this anonymity beneficial for Bitcoin's future.
In an exclusive interview, Back noted that numerous attempts have been made to uncover Satoshi's identity by analyzing emails and forum posts spanning over 15 years, but these efforts have yielded no results. As an early Bitcoin developer who communicated with Satoshi, Back argues that Bitcoin's lack of a central figure, unlike Ethereum's Vitalik Buterin, enhances its status as a commodity. This characteristic differentiates Bitcoin from other cryptocurrencies, which are more comparable to securities.
Back elaborated that Bitcoin's decentralized nature makes it feel more like a discovery rather than a startup or invention. He also stressed the importance of viewing Bitcoin both as digital gold and as a form of money for its long-term success. According to Back, the fundamental value of Bitcoin lies in its ability to serve as a means of saving for future spending.#SatoshiNakamoto #Bitcoin #Blockstream #AdamBack #cryptocurrency #decentralization #digitalgold #anonymity #BTC #ETH
🚀 Bitcoin Surpasses Saudi Aramco In Market Capitalization
#Bitcoin #MarketCapitalization #SaudiAramco #Cryptocurrency #Nvidia #Apple #Microsoft #Amazon #Alphabet #Gold #BitcoinETFs #Investment #FinancialMarket #MikeNovogratz #Blockstream #AdamBack #BTC
According to U.Today, Bitcoin has achieved a significant milestone by surpassing the market capitalization of Saudi Aramco. Earlier today, the price of Bitcoin surged to a new record high of $93,477, as reported by CoinGecko. This comes after Bitcoin recently overtook silver, marking the largest daily gain in its history. The cryptocurrency's remarkable rise has sparked discussions about its potential to surpass other major companies and assets.
Nvidia, Apple, and Microsoft currently hold the top positions as the most valuable individual companies, followed by Amazon and Alphabet. For Bitcoin to surpass Alphabet, its price would need to increase to approximately $107,000. To overtake Apple, Bitcoin's price would have to reach nearly $170,000. Despite these challenges, Bitcoin's rapid ascent has fueled speculation about its future potential.
In the broader context of valuable assets, gold remains the most valuable with a market cap of $17.4 trillion. Galaxy Digital CEO Mike Novogratz has predicted that Bitcoin could surpass gold within the next decade. Novogratz, who also holds gold, suggests that younger generations find Bitcoin more appealing than the traditional yellow metal. This sentiment is echoed by several market analysts who believe Bitcoin is gradually eroding gold's market share. However, Blockstream CEO Adam Back believes that gold will continue to surpass Bitcoin during the current cycle, implying that Bitcoin's price would need to reach $850,000 if gold's price remains stable.
Meanwhile, Bitcoin ETFs are making significant strides, nearing the total assets of gold ETFs. These Bitcoin-related products have now amassed over $90 billion in total assets, highlighting the growing interest and investment in the cryptocurrency market.#Bitcoin #MarketCapitalization #SaudiAramco #Cryptocurrency #Nvidia #Apple #Microsoft #Amazon #Alphabet #Gold #BitcoinETFs #Investment #FinancialMarket #MikeNovogratz #Blockstream #AdamBack #BTC
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🚀 MicroStrategy's Bitcoin Accumulation Sparks Global Repricing, Says Blockstream Co-Founder
#MicroStrategy #Bitcoin #BTC #Crypto #Hyperbitcoinization #Blockstream #FiatCurrency #Arbitrage #MarketRepricing
According to Odaily, Adam Back, a prominent figure in the crypto community and co-founder of Bitcoin infrastructure company Blockstream, has commented on MicroStrategy's ongoing acquisition of Bitcoin (BTC). Back suggests that the global market is rapidly repricing Bitcoin, indicating that a phase of 'hyperbitcoinization' is imminent. While some observers express skepticism about MicroStrategy's aggressive strategy, Back argues that the company's actions are a form of arbitrage against the mispricing of significant assets.
MicroStrategy's approach, according to Back, accelerates the correction of this mispricing, effectively serving as an arbitrage against the perceived incorrect valuation of fiat currencies worldwide. He emphasizes that this strategy is not problematic but rather highlights the broader issue of fiat currency mispricing. Back's insights suggest that MicroStrategy's continuous investment in Bitcoin could potentially lead to a significant shift in how Bitcoin is valued globally, as the market adjusts to what he perceives as a more accurate pricing model for the cryptocurrency.#MicroStrategy #Bitcoin #BTC #Crypto #Hyperbitcoinization #Blockstream #FiatCurrency #Arbitrage #MarketRepricing
🚀 Bitcoin Adoption May Accelerate, Says Blockstream Co-Founder
#Bitcoin #Adoption #Blockstream #Cryptocurrency #MarketDynamics #FinancialSystems #Scurve #Halving #AdamBack #BitcoinValue #BTC
According to Odaily, Adam Back, co-founder of Bitcoin infrastructure development company Blockstream, recently shared his insights on the potential acceleration of Bitcoin adoption. In a post on X, Back suggested that if Bitcoin transitions from a gradual to a sudden phase of adoption, the influx of new users could intensify the adoption effect. This shift might render the 'diminishing return' halving theory ineffective, propelling Bitcoin towards the upper end of the S-curve. Back referenced Hal Finney, the first recipient of Bitcoin, who in January 2009 estimated a $200 trillion addressable market for Bitcoin. Back believes that Bitcoin's S-curve could now be entering a steeper phase.
Back further speculated that the diminishing return trend might break upwards within the next two to five years. This potential shift could significantly impact the market dynamics, as increased adoption may lead to a more rapid ascent in Bitcoin's value and market reach. The implications of such a development could be profound, influencing both the cryptocurrency market and broader financial systems. Back's comments highlight the ongoing discussions and analyses within the cryptocurrency community regarding Bitcoin's future trajectory and its potential to disrupt traditional financial models.#Bitcoin #Adoption #Blockstream #Cryptocurrency #MarketDynamics #FinancialSystems #Scurve #Halving #AdamBack #BitcoinValue #BTC
🚀 Quantum Computing's Potential Impact On Bitcoin Network
#QuantumComputing #Bitcoin #Blockstream #Cryptography #PostQuantum #PQsignatures
According to Odaily, Adam Back, co-founder and CEO of Blockstream and inventor of Hashcash, has suggested that quantum computing could potentially strengthen the Bitcoin network. Despite concerns within the industry about the advancements in quantum physics, which allow quantum computing to perform calculations at unprecedented speeds and potentially compromise cryptographic algorithms, Back remains optimistic. He stated on X that post-quantum (PQ) developments are still decades away. He emphasized that hash-based PQ solutions are not feasible, but ongoing research into PQ signatures will eventually yield conservative, well-reviewed, and more compact signatures. Bitcoin could adopt these as an alternative option.#QuantumComputing #Bitcoin #Blockstream #Cryptography #PostQuantum #PQsignatures
🚀 Bitcoin's Resilience Amid Geopolitical Tensions and Economic Uncertainty
#Bitcoin #GeopoliticalTensions #EconomicUncertainty #Blockstream #AdamBack #CryptoGrowth #MarketDecoupling #RegulatoryClarity #InstitutionalInterest #ETFs #LongTermHolders #BlackRock #SovereignWealthFunds #MidTermProspects #BullMarket #Volatility #BTC
According to Cointelegraph, Bitcoin has demonstrated notable resilience in the face of geopolitical tensions and economic uncertainty, particularly following recent tariff announcements by U.S. President Donald Trump. Blockstream CEO Adam Back highlighted Bitcoin's performance during these turbulent times, noting its potential to diverge from traditional risk-on assets like stocks in the long term.
Back, a prominent figure in Bitcoin's early development and one of the original cypherpunks, shared his insights during an interview at Paris Blockchain Week. He emphasized Bitcoin's significant growth, stating that it has increased five or six times since the market bottom three years ago. This growth, he argues, indicates a decoupling from other financial markets. Back predicts that Bitcoin will benefit from factors such as regulatory clarity, institutional interest, and the legitimizing impact of exchange-traded funds (ETFs). He observed that while many long-term holders are fully invested and unable to capitalize on market dips, major entities like BlackRock and sovereign wealth funds are quietly acquiring Bitcoin, absorbing available supply.
Back also explored the geopolitical implications of Bitcoin, suggesting that governments might start acquiring the cryptocurrency actively. He speculated that if the U.S. government does not initiate a significant buying spree, acquiring 1 million Bitcoin over the next five years, it could allow new market entrants to establish substantial positions through brokers and ETFs. Despite the short-term volatility, Back remains optimistic about Bitcoin's mid-term prospects, noting that bull markets typically experience several significant drops, which he believes is the current phase.#Bitcoin #GeopoliticalTensions #EconomicUncertainty #Blockstream #AdamBack #CryptoGrowth #MarketDecoupling #RegulatoryClarity #InstitutionalInterest #ETFs #LongTermHolders #BlackRock #SovereignWealthFunds #MidTermProspects #BullMarket #Volatility #BTC
🚀 Bitcoin's Early Stage Valuation Discussed by Blockstream Co-Founder
#Bitcoin #Blockstream #AdamBack #Cypherpunk #cryptocurrency #valuation
According to PANews, Adam Back, a prominent figure in the Cypherpunk movement and co-founder of Blockstream, recently commented on the current state of Bitcoin. He stated, "We are still in the early stages, and Bitcoin remains inexpensive."#Bitcoin #Blockstream #AdamBack #Cypherpunk #cryptocurrency #valuation
🚀 Bitcoin Predicted to Reach $1 Million in Five Years, Says Blockstream CEO
#Bitcoin #Blockstream #AdamBack #cryptocurrency #BitcoinPrediction #financialforecast #cryptoenthusiasm #BTC
According to PANews, Blockstream CEO and early Bitcoin advocate Adam Back recently forecasted that Bitcoin could rise to $1 million within the next five years. This prediction highlights the ongoing optimism among cryptocurrency enthusiasts about Bitcoin's future potential.#Bitcoin #Blockstream #AdamBack #cryptocurrency #BitcoinPrediction #financialforecast #cryptoenthusiasm #BTC
🚀 Swedish Firm H100 Group Increases Bitcoin Holdings Through Convertible Loan
#H100Group #Bitcoin #ConvertibleLoan #Blockstream #CryptoInvestment #FinanceNews
According to PANews, Swedish health and longevity company H100 Group announced on Monday that it has acquired 144.8 bitcoins through a convertible loan agreement, raising its total bitcoin holdings to 169.2 bitcoins. The financing initiative, led by Blockstream CEO Adam Back, amounts to a total of 750 million Swedish kronor (approximately $79 million). H100 stated in the announcement that these 144.8 bitcoins were obtained from the first to fourth installments under the previously announced convertible loan agreement.#H100Group #Bitcoin #ConvertibleLoan #Blockstream #CryptoInvestment #FinanceNews
🚀 Bitcoin Standard Treasury to Go Public via SPAC Merger
#Bitcoin #BSTR #SPAC #CantorEquityPartners #Nasdaq #cryptocurrency #stockmarket #blockchain #investment #AdamBack #Blockstream #bitcoinmarkets
According to Odaily, Bitcoin Standard Treasury Company (BSTR) has announced plans to go public through a merger with Nasdaq-listed SPAC company Cantor Equity Partners I (CEPO). The merger is expected to be completed by the fourth quarter of 2025, with the post-merger stock trading under the ticker symbol BSTR. Upon completion, BSTR will hold 30,021 bitcoins, making it the fourth-largest publicly listed bitcoin treasury globally.
The transaction includes private investment in public equity (PIPE) financing of up to $1.5 billion. This financing comprises $400 million in common stock at $10 per share, $750 million in convertible bonds with a conversion price of $13 per share, and $350 million in convertible preferred stock, part of which has already been subscribed.
Additionally, 5,021 bitcoins have been subscribed by long-term holders, and founding shareholders, including Blockstream, will contribute 25,000 bitcoins in support. BSTR's CEO is Adam Back, a prominent figure in the bitcoin community, Blockstream CEO, and inventor of Hashcash. The company's CIO is former hedge fund manager Sean Bill. BSTR aims to develop bitcoin-native capital markets and provide treasury solutions for sovereign and state-owned enterprises.#Bitcoin #BSTR #SPAC #CantorEquityPartners #Nasdaq #cryptocurrency #stockmarket #blockchain #investment #AdamBack #Blockstream #bitcoinmarkets
🚀 Bitcoin's Global Significance and User Consensus Highlighted by Blockstream CEO
#Bitcoin #GlobalAsset #Blockstream #AdamBack #Consensus #BitcoinCore #DefaultSettings #ReferenceClient #Cryptocurrency #Blockchain #BTC
According to Foresight News, Blockstream CEO Adam Back emphasized that Bitcoin is a global asset, belonging to all of humanity. He stated that protocol developers act merely as guardians and that any substantial changes to the protocol require user consensus. Back highlighted the importance of Bitcoin in the realm of currency, asserting that there is no place for irrelevant information within the blockchain. He also noted the critical role of default settings in the reference client for the Bitcoin Core project.#Bitcoin #GlobalAsset #Blockstream #AdamBack #Consensus #BitcoinCore #DefaultSettings #ReferenceClient #Cryptocurrency #Blockchain #BTC
🚀 Blockstream Warns of Phishing Threat to Hardware Wallet Users
#phishing #blockstream #jadewallet #hardwarewallet #cryptosecurity #onlinesafety #scams #phishingscams #vpn #urlverification #cryptowallet #blockchainsecurity #phishingawareness #cryptocurrency
According to Cointelegraph, Blockstream, a provider of infrastructure and hardware wallets, has alerted users to a new phishing campaign targeting its Jade hardware wallet users. The company emphasized that it does not distribute firmware files via email and assured that no data has been compromised in this attack. Phishing attacks are crafted to deceive users into revealing sensitive information by mimicking legitimate communications. In this instance, the fraudulent email urged users to download the latest firmware version for the Blockstream Jade wallet through a malicious link.
Phishing scams have become increasingly prevalent, with crypto users losing over $12 million in August alone, affecting more than 15,000 victims—a 67% increase from July, as reported by Scam Sniffer, an anti-scam service. As these scams grow in complexity, it is crucial for crypto users to remain vigilant and adopt robust online safety measures to safeguard their assets and personal information. The first half of 2025 saw crypto users lose over $3.1 billion to scams and hacks, marking a significant rise from the previous year, according to blockchain security firm Hacken. Phishing scams often involve deceptive emails that appear to be from reputable crypto companies, tricking users into divulging private keys or passwords by warning of account issues or security breaches.
To protect against phishing scams, users should verify URL addresses to ensure they are accessing legitimate websites. Scammers frequently create URLs that closely resemble authentic crypto sites, with minor alterations such as substituting letters with numbers. Bookmarking trusted pages and avoiding manual URL entry or reliance on search engines can also help prevent falling victim to scams. Additionally, users should be cautious of clicking links from unknown sources, utilize virtual private networks (VPNs) to conceal IP addresses, and scrutinize emails and websites for spelling or grammatical errors. These practices can significantly reduce the risk of phishing attacks and enhance online security for crypto users.#phishing #blockstream #jadewallet #hardwarewallet #cryptosecurity #onlinesafety #scams #phishingscams #vpn #urlverification #cryptowallet #blockchainsecurity #phishingawareness #cryptocurrency
🚀 Blockstream Co-Founder Clarifies Bitcoin Holdings of Strategy
#Blockstream #Bitcoin #AdamBack #Strategy #BitcoinHoldings #Cryptocurrency #Leverage #Debt #ForesightNews #BTC
According to Foresight News, Blockstream co-founder Adam Back recently addressed concerns on the X platform regarding Strategy's Bitcoin transactions. Back clarified that Strategy has been consistently acquiring Bitcoin and that a recent wallet switch was merely a transfer to another custodian, not a sale. He emphasized that Strategy's leverage is relatively low, with the company holding $64 billion in Bitcoin against $8 billion in debt, resulting in a leverage ratio of approximately 13%. Furthermore, Back noted that the company's debt is long-term, eliminating the need for immediate repayment.#Blockstream #Bitcoin #AdamBack #Strategy #BitcoinHoldings #Cryptocurrency #Leverage #Debt #ForesightNews #BTC
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🚀 Bitcoin's Role as a Corporate Reserve Asset Gains Traction
#Bitcoin #CorporateReserve #AdamBack #Blockstream #BitcoinBullMarket #MicroStrategy #Tesla #HedgeAgainstInflation #InstitutionalBuying #BitcoinAdoption #PubliclyTradedCompanies #BTC
According to ChainCatcher, Blockstream founder Adam Back has expressed that all companies will eventually become Bitcoin reserve firms. He highlighted that Bitcoin is still in the early stages of a bull market. Despite a nearly 27% price drop from its October peak due to macroeconomic issues and high leverage, the long-term trend remains bullish.
Back noted that since MicroStrategy initiated its corporate Bitcoin reserve strategy in 2020, nearly 200 publicly traded companies, including major firms like Tesla, have followed suit this year. He emphasized that Bitcoin serves as a long-term hedge against inflation, with institutional buying continuing and adoption still in its very early stages.#Bitcoin #CorporateReserve #AdamBack #Blockstream #BitcoinBullMarket #MicroStrategy #Tesla #HedgeAgainstInflation #InstitutionalBuying #BitcoinAdoption #PubliclyTradedCompanies #BTC
🚀 Liquid Bitcoin's Collateralization Issue Resolved Swiftly
#LiquidBitcoin #Collateralization #Bitcoin #LBTC #Blockstream #NS3AI #AdamBack #FederatedWallets #NetworkIssue #BTC
A temporary issue with the Liquid Bitcoin (LBTC) dashboard showed undercollateralization due to outdated node software and incomplete visibility of federated wallets. According to NS3.AI, Adam Back, CEO of Blockstream and a member of the Liquid Network, confirmed that the problem was quickly resolved and that LBTC remains fully backed 1:1 with Bitcoin. The error occurred because old addresses were mistakenly counted, resulting in a temporary display of only 82.4% backing. However, independent dashboards have verified that full collateralization is maintained.#LiquidBitcoin #Collateralization #Bitcoin #LBTC #Blockstream #NS3AI #AdamBack #FederatedWallets #NetworkIssue #BTC
🚀 MIT Developers and Blockstream Founders: Clarifying Common Misconceptions
#MIT #developers #Blockstream #founders #cryptocurrency #Bitcoin #misconceptions #KyleTorpey #BTC
Kyle Torpey, independent Bitcoin analyst, posted on X. There is a prevalent misconception regarding the association between MIT developers and the founders of Blockstream. Contrary to some claims, the developers from MIT are not the same individuals who established Blockstream. This error often appears in discussions and articles, leading to confusion among readers. It is important to distinguish between these two groups to ensure accurate understanding of their respective contributions to the cryptocurrency space.#MIT #developers #Blockstream #founders #cryptocurrency #Bitcoin #misconceptions #KyleTorpey #BTC
🚀 Blockstream Integrates Lightning Payments with Liquid Network in New App Update
#Blockstream #LightningPayments #LiquidNetwork #BlockstreamGreen #AtomicSwaps #LiquidBitcoin #LBTC #JadeDevices #HardwareWallet #Bitcoin #BitcoinLightningNetwork #BTC
Blockchain development company Blockstream has released version 5.2.0 of its Blockstream Green application. According to ChainCatcher, this update connects Lightning payments with the Liquid Network, a Bitcoin sidechain developed by Blockstream, using atomic swaps to convert Lightning payments into Liquid Bitcoin (LBTC) secured by Jade devices.
The report highlights that the Blockstream Jade hardware wallet is currently the first hardware wallet capable of interacting with the Bitcoin Lightning Network. This allows users to send and receive Lightning payments while securely storing funds in cold storage.#Blockstream #LightningPayments #LiquidNetwork #BlockstreamGreen #AtomicSwaps #LiquidBitcoin #LBTC #JadeDevices #HardwareWallet #Bitcoin #BitcoinLightningNetwork #BTC