Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, A New York Times investigation points to Adam Back as Satoshi Nakamoto, but the Blockstream CEO denies it. Bitcoin reclaimed $72,000 after US President Donald Trump entered a ceasefire with Iran, and inflows into US spot Bitcoin exchange-traded funds (ETFs) rebounded sharply this week, suggesting that institutional selling is finally reversing course.
The New York Times published an investigation on Wednesday arguing that Adam Back, the British cryptographer who invented Hashcash, is the most likely person behind the Satoshi Nakamoto pseudonym used by Bitcoin’s creator.
Back denied the claim, telling Cointelegraph he was referring reporters to his post on X after previously rejecting similar attempts to identify him as Satoshi. Back reiterated in the post that he is not Satoshi, adding that he “was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash, hence my ~1992 onwards active interest in applied research on ecash, privacy tech on cypherpunks list which led to hashcash and other ideas.”
