Bitcoin

Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person

Tech

Crypto Casino Founder Apologizes for Gambling Away Investor Funds

Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.

By Sam KesslerJul 15, 2024

Zkasino has re-opened ether bridge to users. (Carl Raw/Unsplash)

Tech

Fundador do Cripto Casino pede desculpas por jogar fora fundos de investidores

A Galaxy diz que denunciou um ex-sócio geral, Richard Kim, às autoridades por apropriação indébita de pelo menos US$ 3,67 milhões de fundos da empresa pertencentes ao Zero Edge, o Cripto cassino de Kim.

By Sam KesslerJul 15, 2024

Tech

Le fondateur de Crypto Casino s'excuse d'avoir détourné les fonds des investisseurs

Galaxy affirme avoir dénoncé aux autorités un ancien associé commandité, Richard Kim, pour avoir détourné au moins 3,67 millions de dollars de fonds de la société appartenant à Zero Edge, le casino Crypto de Kim.

By Sam KesslerJul 15, 2024

Tech

Humihingi ng paumanhin ang Tagapagtatag ng Crypto Casino para sa Mga Pondo ng Namumuhunan sa Pagsusugal

Sinabi ng Galaxy na iniulat nito ang isang dating pangkalahatang kasosyo, si Richard Kim, sa mga awtoridad para sa maling paggamit ng hindi bababa sa $3.67 milyon ng mga pondo ng kumpanya na kabilang sa Zero Edge, ang Crypto casino ni Kim.

By Sam KesslerJul 15, 2024

Tech

El fundador de Cripto Casino se disculpa por apostar los fondos de los inversores

Galaxy dice que ha denunciado a las autoridades a un ex socio general, Richard Kim, por apropiarse indebidamente de al menos 3,67 millones de dólares de fondos de la empresa pertenecientes a Zero Edge, el Cripto de Kim.

By Sam KesslerJul 15, 2024

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