Bitcoin

Bitcoin Daily: eToro Is Giving Away $1.65B In Ethereum; McAfee Wants To Reveal Satoshi Nakamoto

Antivirus pioneer John McAfee claims that he knows the true identify of bitcoin creator Satoshi Nakamoto.

But after telling Bloomberg he would expose Nakamoto “within a week,” McAfee said Tuesday (April 23) on Twitter that he was holding off because the controversy it would cause could hurt his efforts to fight an extradition to the U.S.

Nakamoto is a pseudonym that is thought to refer to a person or group of people, with the bitcoin creator’s true identity being debated for years. In recent days, McAfee has said that Nakamoto is a man living in the U.S.

“I’ve spoken with him, and he is not a happy camper about my attempt to out him,” McAfee said.

In other news, an unknown hacker has stolen $6.1 million worth of ethereum.

The criminal, dubbed “Blockchainbandit,” has been bypassing weak private keys to steal large quantities of the crypto.

“Whoever this guy or these guys are, they’re spending a lot of computing time sniffing for new wallets, watching every transaction, and seeing if they have the key to them,” Adrian Bednarek, a researcher and analyst at Independent Security Evaluators (ISE), told Wired.

Chainalysis announced that it has expanded its real-time transaction monitoring service to cover 10 cryptocurrencies in an attempt to reduce global anti-money laundering activities.

“We have been investing for the last year to re-architect our entire platform to support multiple blockchains in the face of global regulation,” Jonathan Levin, co-founder and chief operating officer of Chainalysis, told Reuters.

And eToro is giving away Ethereum to anyone who opens an account in the social trading platform’s standalone wallet app.

Once someone has signed up for the wallet app, their account will be credited with 0.1 Ethereum (a little over $15 at this time). The eToro wallet is available for both Android and iOS, and is valid only for the first 100,000 sign-ups, according to Hard Fork.

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