Bitfinex Security Breach

Bitfinex has had a security breach today and has halted trading.

At this point in time no one knows how many BTC have been stolen.

Here are the most important links to keep you updated:

There is a message at https://www.bitfinex.com

You can see the current status of the investigation here: https://bitfinex.statuspage.io

Constant updates can be found on Reddit at:

https://www.reddit.com/r/Bitcoin/comments/4vtuxo/bitfinex_security_breach_trading_will_be_halted/

https://www.reddit.com/r/btc/comments/4vtv67/bitfinex_security_breach/

We will update this post as more information comes available…

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Bitcoin ‘creator’ backs out of Satoshi coin move ‘proof’

BBC writes:

The entrepreneur who has claimed to be the inventor of Bitcoin has reneged on a promise to present new “proof” to support his case.

Craig Wright had pledged to move some of the virtual currency from one of its early address blocks, an act many believe can only be done by the tech’s creator.

This would have addressed complaints that earlier evidence he had published online was misleading.

Dr Wright said that he was “sorry”.

“I believed that I could put years of anonymity and hiding behind me,” he blogged.

“But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot.

“When the rumours began, my qualifications and character were attacked. When those allegations were proven false, new allegations have already begun. I know now that I am not strong enough for this.”

Read the full article at the source: http://www.bbc.com/news/technology-36213580

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Craig Wright reveals himself as Satoshi Nakamoto

The economist writes:

FIVE months after Craig Steven Wright, an Australian computer scientist and businessman, was outed against his will as Satoshi Nakamoto, he says he is indeed the creator of bitcoin. On May 2nd he published a blog post offering cryptographic proof, backed up by other information, to make his case. Along with two other media organisations, The Economisthad access to Mr Wright before the publication of his post. Our conclusion is that he could well be Mr Nakamoto, but that nagging questions remain. In fact, it may never be possible to prove beyond reasonable doubt who really created bitcoin. Whether people, particularly bitcoin cognoscenti, actually believe Mr Wright will depend greatly on what he does next, after going public.

In December, after he was outed, Mr Wright stayed silent. So why has he now changed his mind? “I’m not seeking publicity, but want to set the record straight,” he explains. He says he called himself “Nakamoto” after a 17th-century Japanese philosopher and merchant, Tominaga Nakamoto, who was highly critical of the normative thought of his time and favoured free trade. (He doesn’t want to say why he picked “Satoshi”: “Some things should remain secret.”)

Continue reading at the source HERE

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