America’s most notorious whistleblower Edward Snowden pointed out today, in his own way, that he called Bitcoin’s bottom in March. This comes as Bitcoin’s price remains above $19,000, nearly the highest it’s ever been.
He tweeted, “Bitcoin was ~$5,000,” showcasing how far it has come since his initial tweet.
Snowden’s original tweet came when the global market meltdown caused by the coronavirus outbreak pushed the price of Bitcoin below $5,000. Bitcoin had suffered its biggest price crash in more than a year, losing $22 billion from its market cap in just 24 hours. But while some people were calling Bitcoin’s immediate demise, he remained staunchly optimistic.
“This is the first time in a while I've felt like buying bitcoin. That drop was too much panic and too little reason,” Snowden tweeted, on March 13.
However, the crypto began to recover fairly quickly, culminating in the ongoing price rally that has already eclipsed Bitcoin’s all-time high seen in late 2017.
“I thought I knew how bad times had gotten, but then my wife told me they took the McChicken off the dollar menu,” Snowden tweeted, adding, “Today I learned the dollar has lost 99.93% of its value since 2013 (relative to Bitcoin).”
In 2009, the webcomic xkcd published a strip that laid out one of the most chillingly simple concepts in cybersecurity: the "$5 wrench attack." In the comic, a stick figure explains how to bypass sophisticated encryption—not with code or brute force, but by threatening someone with a $5 wrench until they give up their password.
Sadly, the $5 wrench attack is no longer a punchline. Far worse attacks are happening in real life, with alarming frequency. Criminals aren’t bothering to hack private ke...
For well over a century, oil has been viewed as a strategic commodity, playing an essential role in transportation and manufacturing, among other critical industries. For Ethereum’s proponents, drawing comparisons has been useful—but even then, the analogy is far from perfect.
When Vivek Raman introduced Etheralize in January, the former banker and business development firm’s co-founder formalized efforts to onboard Wall Street. Part of that initiative, he recently told Decrypt, has involved “ev...
WalletConnect Token (WCT) is launching on Solana, with 5 million WCT set to be airdropped to the blockchain's active users.
The launch of WCT as a multichain token aims to open WalletConnect to new users and liquidity, and applications throughout the Solana ecosystem.
$WCT is coming to Solana!
Powered by @wormhole NTT.
To kick off this next chapter, WalletConnect is partnering with @phantom, @jup_dao, @Backpack and @solflare 👀
This is just the beginning. More details coming soon. pic.twitter.c...