Category: Bitcoin News

Bitcoin wallet with 69,000 bitcoins cracked

There is a bitcoin wallet with whopping 69000 bitcoins, and equal amount of bitcoin cash, bitcoin SV and bitcoin gold. It is a dat file whose password has been lost so there was no way to access those bitcoins, until now. Someone was able to crack the password of this bitcoin wallet and spend 1 billion dollars that were inside it. Yes, the person behind this wallet is now a billionaire.

69000 bitcoins

Square invests $50 Million in Bitcoin and holds Bitcoin on Square balance sheet

square twitter bitcoin

Square is a company that is co-founded by Jack Dorsey, who is co-founder of Twitter. Today, it has announced on its balance sheet that it has invested 50 million dollars in Bitcoin that has fetched it 4709 bitcoins. The supply of Bitcoin is limited to 21M BTC. That means if every company in the world were to do that only 4,459 companies would be able to buy BTC before the supply ran out.