| Mobile Web

Search results for Adam Back

Crypto

France\'s Capital B buys 376 more bitcoins, 84 BTC short of Europe\'s top spot

France\'s bitcoin treasury firm Capital B bought an additional 376 BTC for 25.3 million euros, taking its total holdings to 3,521 BTC. The purchase followed a roughly 30.1 million euro fundraising that included a private placement joined by Adam Back (Adam Back) and TOBAM. Capital B bought at an average 67,182 euros per bitcoin. The deal was executed by Swissquote Bank Europe, while custody used technology from Swiss firm Taurus.

Crypto

Companies ditch altcoins and focus on bitcoin as corporate BTC hoarding picks up again

Corporate bitcoin stockpiling is accelerating again, with companies in Japan, France, Britain and Singapore moving to expand holdings this week. Japan\'s Remixpoint sold all its altcoins and said it will hold only bitcoin, leaving it with about 1,506 BTC. France\'s Capital B secured a 7.6 million euro private placement taken up by Adam Back and plans to use most proceeds to buy more bitcoin. Britain\'s Smarter Web Company and Singapore\'s Genius Group also outlined additional purchases.

Crypto

Can guessing 24 words steal Satoshi\'s bitcoin? Experts say it would take 13.8 billion years

A claim spreading on X said bitcoin believed to be held by Satoshi Nakamoto could be stolen by correctly guessing a 24-word phrase. Researchers said the premise is unrealistic. Even with computing power generating 1 trillion combinations per second, it would take about 13.8 billion years to find a specific 24-word seed phrase with a 50 percent chance. They also said Satoshi’s coins are spread across more than 22,000 older addresses, not a single seed-based wallet.