Bitcoin

Bitcoin Daily: Firefox Bug Targets Crypto Owners; Bitcoin Inventor Claims Escalate

Australian Craig Wright, who has declared himself the inventor of bitcoin, believes that a series of lawsuits will help him prove that he is the inventor of bitcoin.

But many in the crypto industry do not believe Wright’s claims. For example, software pioneer John McAfee claims he knows the real Satoshi Nakamoto, and it is not Wright. “I am going to tell the truth no matter what the consequences are,” McAfee says. “I’ve been sued over 200 times in my life. I am not afraid of getting sued.”

Wright has been busy filing lawsuits those who dare to dispute his claims. In April after Vitalik Buterin called Wright “a fraud,” his lawyers sent a legal notice, dated April 12, stating that Wright intends to sue Buterin in the U.K. for defamation. Less than a week later, Wright filed a suit with similar claims against a podcaster named Peter McCormack, seeking 100,000 pounds ($129,000) in damages, and on May 2, Wright’s lawyers served Roger Ver, an early Bitcoin investor.

“This will give me the chance to prove my credentials in front of a judge, rather than being judged by Twitter,” Wright told Bloomberg in an email.

In other news, Mozilla has sent out a warning that hackers are using a “zero-day” exploit in its Firefox browser, with cryptocurrency owners at the highest risk.

“This can allow for an exploitable crash,” reads Mozilla’s latest patch note, according to Hard Fork. “We are aware of targeted attacks in the wild abusing this flaw.”

And European Investment Bank (EIB) announced that it has partnered with Euroclear, Banco Santander, and EY on an end-to-end blockchain solution for the issuance and settlement of European Commercial Paper (ECP).

“We are delighted to have completed this proof of value with our partners and excited by the innovation opportunities it creates. Our ambition is to deploy an efficient blockchain-powered solution that supports further growth of intra-day issuance for ECP markets,” Edwin De Pauw, Head of Data Services and Innovation at Euroclear Group, said in a press release.

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