Anonymous Plaintiff Seeks Legal Title to $293 Billion in Dormant Bitcoin, Without Holding Any Private Keys
BitcoinBitcoin Magazine2026-05-28 19:01
Bitcoin Magazine
Anonymous Plaintiff Seeks Legal Title to $293 Billion in Dormant Bitcoin, Without Holding Any Private Keys
A pseudonymous claimant, ...
Bitcoin Magazine
Anonymous Plaintiff Seeks Legal Title to $293 Billion in Dormant Bitcoin, Without Holding Any Private Keys
A pseudonymous claimant, “Noah Doe,” alongside two Wyoming LLCs, has filed a lawsuit in New York Supreme Court seeking recognition as the rightful owner of 39,069 dormant Bitcoin addresses containing roughly 3.8 million BTC—valued at about $293 billion.
This post Anonymous Plaintiff Seeks Legal Title to $293 Billion in Dormant Bitcoin, Without Holding Any Private Keys first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE...
Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE and Solana products drew modest fresh capital, but the broader tone stayed firmly negative. Bitcoin ETFs Extend Losing Streak to Eight Days as Blackrock Loses $528M The selling pressure in crypto ETFs is no […]
Traders Push Bitcoin Back Above $73,000 After $352M Liquidation Sweep
BitcoinBitcoin.com News2026-05-28 18:20
A May 28 morning slide to a session low of $72,642 pushed bitcoin closer to locking in an overall loss for May, extending a weeklong retreat from its ...
A May 28 morning slide to a session low of $72,642 pushed bitcoin closer to locking in an overall loss for May, extending a weeklong retreat from its May 25 peak of $78,000. Key Takeaways: Bitcoin fell to a session low of $72,642 on Thursday morning, threatening to close May with a monthly loss. Volatile […]
Anonymous Plaintiff Claims $293B Bitcoin Haul, Targets Satoshi’s Dormant Wallets in NY Court Case
BitcoinBitcoin.com News2026-05-28 18:00
Timechainindex.com founder Sani first posted the news on X, drawing attention to a quietly filed New York Supreme Court case in which three anonymous ...
Timechainindex.com founder Sani first posted the news on X, drawing attention to a quietly filed New York Supreme Court case in which three anonymous plaintiffs are seeking legal title to roughly 3.8 million BTC worth approximately $293 billion, a pool of dormant coins that includes addresses widely attributed to Bitcoin creator Satoshi Nakamoto. Galaxy Research’s […]
After 2,093 Hours in the Dark: Iran Partially Restores Internet Following 88-Day Blockade
BitcoinBitcoin.com News2026-05-28 16:40
The partial restoration of the service comes after one of the largest internet blockades of this kind, starting after the first strikes of the U.S.-Is...
The partial restoration of the service comes after one of the largest internet blockades of this kind, starting after the first strikes of the U.S.-Israel coalition against the Iranian regime. The move comes after Iranian President Masoud Pezeshkian ordered the restitution on Monday. Iran Breaths Internet Again, Although With Partial Filters Iran has restored partial […]
UTXO Enters Bitcoin Staking on Stacks, Targets BTC Yield
BitcoinBitcoin Magazine2026-05-28 16:00
Bitcoin Magazine
UTXO Enters Bitcoin Staking on Stacks, Targets BTC Yield
UTXO Management has joined Stacks’ Bitcoin Staking program, enabling instit...
Bitcoin Magazine
UTXO Enters Bitcoin Staking on Stacks, Targets BTC Yield
UTXO Management has joined Stacks’ Bitcoin Staking program, enabling institutions to earn roughly 3% BTC yield.
This post UTXO Enters Bitcoin Staking on Stacks, Targets BTC Yield first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year
BitcoinBitcoin Magazine2026-05-28 16:00
Bitcoin Magazine
Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year
Sequans Communications exited its Bitco...
Bitcoin Magazine
Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year
Sequans Communications exited its Bitcoin treasury strategy in under a year after selling most of its holdings to retire convertible debt, leaving about 658 BTC and refocusing on its core IoT business.
This post Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026
BitcoinBitcoin.com News2026-05-28 15:40
Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit,...
Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit, for approximately 612.8 billion won ($408 million). Samsung Units to Acquire 4% Stake in Upbit Operator Dunamu Samsung Securities, Samsung SDS, and Samsung Card announced the deal on May 28, 2026, according to […]
Someone Tested a 1997 Processor and Proved That Just 128 MB of RAM Is Enough to Run AI
BitcoinBitcoin.com News2026-05-28 15:01
How did EXO Labs get a lightweight Llama 2 running on a 1997 Pentium II with just 128 MB of RAM? By leaning on BitNet’s ternary-weight approach (-1, 0...
How did EXO Labs get a lightweight Llama 2 running on a 1997 Pentium II with just 128 MB of RAM? By leaning on BitNet’s ternary-weight approach (-1, 0, 1), the team showed the model could respond, slowly, underscoring that software optimization, not new silicon, can unlock surprising headroom on legacy machines. EXO Labs just […]
When Cake Wallet Outgrows its Limits: Enabling Swaps With ChangeNOW
BitcoinBitcoin.com News2026-05-28 14:40
Scaling Under Growing User Demand Cake Wallet was founded in 2018 as a privacy-first crypto application. The product started as an iOS-only, Monero-on...
Scaling Under Growing User Demand Cake Wallet was founded in 2018 as a privacy-first crypto application. The product started as an iOS-only, Monero-only side project built around Monero, a blockchain network designed for complete transaction anonymity. At launch, the ecosystem lacked supporting infrastructure despite growing demand. Cake Wallet addressed a clear market gap: simple access […]