Early BTC Emails Released: Showing the mind of Satoshi.

Bitcoin's Birth Revealed: Early Emails Shed Light on Satoshi Nakamoto

History buffs and cryptocurrency enthusiasts rejoice! A treasure trove of early Bitcoin lore has been unearthed in the form of 120 pages of emails exchanged between Satoshi Nakamoto, Bitcoin's creator, and his earliest collaborator, Martti Malmi.

These emails, published by Malmi on GitHub on February 23rd, offer unprecedented insights into the birth of Bitcoin. Initially presented as evidence in a London court case, they bring us closer to understanding the mind and motivations of the enigmatic Satoshi Nakamoto.

Beyond legal battles and historical significance, the emails hold immense value for anyone curious about the early days of cryptocurrency. They offer:

• Rare glimpses: A window into the technical discussions and challenges faced during Bitcoin's development.

• Quotes and insights: Glimpses into Satoshi Nakamoto's thought process and perspective through their own words.

• A sense of the era: The emails capture the atmosphere of excitement and uncertainty surrounding this groundbreaking technology in its infancy.

While the true identity of Satoshi Nakamoto remains a mystery, these emails provide a valuable piece of the puzzle, offering a unique perspective on the origins of Bitcoin.

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Bitcoin Price Poised for Pullback Before Halving, Analyst Says: $45K Support in Play?

The clock is ticking for Bitcoin. As the next block reward halving approaches, analysts are predicting a potential short-term pullback before the price surges again. However, the exact timing remains uncertain.

Looking back to the future?

Popular analyst Rekt Capital, known for his pseudonymous YouTube channel, sees similarities between the current market cycle and those of 2016 and 2020 leading up to their respective halvings. He suggests Bitcoin might follow a similar pattern:

• Macro downtrend break: A broader market correction precedes a price rise before the halving.

• Pre-halving pullback: A temporary price drop occurs before the halving event.

• Post-halving reaccumulation: Investors buy back in, leading to price stabilization.

• Parabolic surge: The price skyrockets towards new all-time highs.

Where's the support?

Based on historical data and current market sentiment, analysts like Rekt Capital believe the $45,000 price level could act as a crucial support zone during the potential pullback. Bitcoin has recently been trading sideways around $52,000, facing resistance and impacting other cryptocurrencies (altcoins) as well.

Axie Infinity Co-Founder Loses $9.7 Million in Personal Wallet Hack

Millions of dollars in cryptocurrency were stolen from two personal wallets belonging to a co-founder of Axie Infinity and Ronin Network, according to reports on February 23rd.

Here's what we know:

• The hack: Hackers gained access to the co-founder's wallets and stole 3,248 ETH, worth approximately $9.7 million. They then moved the stolen funds through Tornado Cash, a service that mixes cryptocurrency transactions to obscure their origin.

• Initial confusion: Blockchain investigator PeckShield initially reported a breach on the Ronin Bridge, a critical component of the Axie Infinity ecosystem. However, the co-founder clarified that the attack targeted his personal wallets and did not exploit any vulnerabilities within the Ronin chain itself.

• Investigation ongoing: The root cause of the hack is still being investigated, but PeckShield believes it stemmed from a "wallet compromise," allowing unauthorized access and transfer of funds.

This incident highlights the importance of strong cybersecurity practices for both individuals and organizations dealing with cryptocurrency.

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