Search results for Genesis Block
Crypto
Solana early whale wallet shows signs of 180,000 SOL theft, possible 21 billion won loss
About 180,000 solana tokens are suspected to have been siphoned from a large wallet believed to hold early distribution allocations, raising the possibility of a theft worth about 21 billion won. On-chain analysts said part of the funds appeared to have been bridged to the Ethereum network. Investigators are tracking the flow, citing staking withdrawals and bridging activity as key anomalies, while awaiting confirmation of the wallet’s owner and the destination of remaining tokens.
Crypto
Bitcoin born of 2008 financial crisis: what warning was embedded in the first block
Bitcoin’s origins as an alternative to the 2008 global financial crisis and large-scale bank bailouts are drawing attention again, an analysis said. Bitcoin Magazine reviewed how monetary expansion policies during the crisis exposed limits of the existing currency system and helped spur Bitcoin’s emergence. It highlighted claims that such policies dilute purchasing power and act like an indirect tax. The report pointed to the genesis block message citing a Times headline on a second bank bailout.
Crypto
Bitcoin mines 20 millionth coin; more than a century to issue remaining 1 million
Bitcoin has surpassed 20 million BTC mined, a blockchain outlet reported. Blockchain records show the milestone was reached at block height 939,999 and mined by Foundry USA, putting issuance above 95% of the 21 million cap. Coinbase CEO Brian Armstrong said the remaining 1 million would take more than a century to issue. With rewards halving over time, supply growth is slowing and miners are expected to rely only on transaction fees after 2140.
