Identity

While the community has been sceptical of Craig Wright's claims to be Satoshi Nakamoto, he may now prove them wrong. The self-proclaimed Bitcoin creator wins a lawsuit for around 1,100,000 BTC, proving that he is the owner of the very first Bitcoins to be mined.

Growing the ecosystem requires effective partnerships. According to 123swap, collaboration with notable projects will help the ecosystem thrive and increase the acceptance of cryptocurrencies. The purpose of the 123 Exchange is to reproduce the basic idea of ​​cross-chain, respond to the latest developments, and cooperate with the best and most reliable cross-chain approach.

Originally, it was believed that privacy was an assured feature of legacy blockchains such as Bitcoin. People thought it was impossible to link their offline identity with activity on the blockchain.

According to the new study by Juniper Research, online businesses globally will lose more than $206 bln from online payment fraud by 2025. The figure is almost 10x equal to Amazon's net income recorded in the last year (2020).

The former Cryptopia employee, whose identity was not revealed for security reasons, was charged for the theft of customer data and stealing about $250,000 worth of cryptocurrencies when he appeared in Christchurch District Court on July 5. The man was later released on bail until the final trial on October 20, 2021.

Global digitization and coronavirus pandemic have created the need for innovative solutions to replace some traditional ones. Digital identification (ID) is one of such significant solutions trending in the world.

On May 20, an anonymous user moved 50 Bitcoins from a wallet that remained idle since February 2009. The community was in turmoil, while the BTC price dipped instantly. Was that Satoshi Nakamoto?

The market for identity authentication management using blockchain and distributed ledger technology (DLT) is likely to grow to around $11.46 bln by the year 2026 – just six years from today.

Apple Inc has become the newest member of the Fast Identity Alliance Online (FIDO) a group aiming to have zero password access to devices. Among the association members are big names such as Google, Microsoft, Amazon, Intel, ARM and Samsung.