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  • There’s another Bitcoin creator in town, but this one is Stephen Mollah

    There’s another Bitcoin creator in town, but this one is Stephen Mollah

    • Stephen Mollah said he was Satoshi Nakamoto in front of a dozen journalists in London
    • Bitcoin core developer Peter Todd was wrongly named as Nakamoto last month in an HBO documentary

    Another man has come forward claiming to be the mysterious creator behind Bitcoin, Satoshi Nakamoto.

    This time, he’s called Stephen Mollah. Taking to the stage at London’s Front Line Club in front of around a dozen journalists, Mollah made the claim with one journalist calling it an “odd set up.”

    Live tweeting the event on X, Joe Tidy, a BBC journalist, said: “An odd set up to the press conference as the organiser asked me to pay £500 to attend and appear on stage to ask questions of the billionaire mystery man.”

    According to Mollah, he’s claimed he’s Nakamoto before, is currently in a legal dispute about it, and is now ready to provide evidence. He tried to reveal who he was in 2016, but “someone stopped him.”

    After an hour of listening to Mollah’s backstory, he failed to provide evidence. Instead, he supplied a series of screenshots that could have easily been faked. When Mollah was asked to move some of the Genesis Bitcoin, he said he would in the ‘next few months.’

    Mollah and Charles Anderson, the event organizer, have been accused of fraud when Mollah posed as Nakamoto between November 2022 and October last year. The pair pleaded not guilty at a hearing last month, The Standard reports.

    Another one to the list

    Mollah joins a growing list of people who have claimed to be Nakamoto or others believe them to be.

    Last month, the HBO documentary Money Electric: The Bitcoin Mystery wrongly named Bitcoin core developer Peter Todd as Nakamoto. Before the big reveal, the documentary also pointed to Blockstream founder Adam Back.

    Following the documentary, Todd said he’d been forced underground over fears for his safety.

    Others believed to be Nakamoto include late software engineer Hal Finney and computer scientist Nick Szabo.

    In May, a UK High Court ruled against Australian Craigt Wright that he was Nakamoto, arguing that Wright had lied “extensively and repeatedly” throughout the trial, further accusing him of presenting “fabricated” evidence to support his claims.

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  • Peter Todd forced underground after HBO documentary names him Bitcoin’s creator

    Peter Todd forced underground after HBO documentary names him Bitcoin’s creator

    • Peter Todd said he didn’t realize the HBO documentary was trying to unveil the identity of Bitcoin’s creator, but rather go into the history of the crypto asset
    • Cullen Hoback, director of the documentary, claims that Todd is blowing things out of proportion saying his life is in danger after being named Nakamoto

    Peter Todd, a Bitcoin core developer, has gone into hiding over fears for his safety after an HBO documentary named him Bitcoin’s creator, Satoshi Nakamoto.

    Aired earlier this month and directed by Cullen Hoback, the “Money Electric: The Bitcoin Mystery,” examined Bitcoin’s early days and some of its key figures, one of which was Todd. Another was Blockstream founder Adam Back.

    During the documentary’s finale, when confronted with a question from Hoback, Todd said: “Yeah, I’m Satoshi Nakamoto.”

    Ahead of the documentary’s release, Todd denied he was Satoshi. Following the documentary’s release, Todd took to social media again to deny he was Satoshi after someone called him out, writing, “I’m not Satoshi.”

    No one should help to find Satoshi

    In an interview with Wired, Todd indicated that he’s gone into hiding following the documentary over fears for his safety.

    Harassment Todd’s faced includes receiving 25 emails over two days for someone asking him to help repay a loan.

    In an email to the publication, Todd said:

    “Obviously, falsely claiming that ordinary people of ordinary wealth are extraordinarily rich exposes them to threats like robbery and kidnapping.”

    According to Todd, he didn’t realize the documentary was trying to uncover the mysterious creator of Bitcoin, but rather document the crypto asset’s history.

    Todd added: “Not only is the question dumb, it’s dangerous. Satoshi obviously didn’t want to be found, for good reasons, and no one should help people trying to find Satoshi.”

    In Hoback’s view, Todd is blowing things out of proportion and that nothing terrible has happened to other people who were believed to be Satoshi.

    According to Hoback, unveiling the identity of Satoshi is a matter of public interest and “pretty important” because that person is “potentially on track to become the wealthiest on Earth.”

    Hoback’s reasoning behind Todd being Bitcoin’s creator lies in a 2010 web forum post in which Todd responded to one of Satoshi’s posts. According to Hoback, Todd’s post is a continuation of Satoshi’s that was mistakenly sent from Todd’s account rather than Satoshi’s.

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  • Ethereum creator Vitalik Buterin gives start for new Shiba Inu Rival

    Ethereum creator Vitalik Buterin gives start for new Shiba Inu Rival

    • Ethereum co-founder joked about having THE Protocol (THE) crypto and it came to life a few days later.
    • Buterin becomes the largest holder with 100 million THE coins grabbing a 10 percent stake in the protocol.

    In an interesting turn of developments, Ethereum founder Vitalik Buterin’s jibe at some crypto projects ended up giving birth to a new meme coin rivaling Shiba Inu. Last Friday, Vitalik Buterin shared a random thought on his Twitter handle while joking saying that someone must create a project dubbed ‘THE Protocol’.

    Commenting on it, Buterin said that it would be easy to shill a project by referencing it ‘THE” by the influential crypto community members. “Someone should make a project called “THE Protocol” so that their shills can say “Look, so-and-so mentioned THE!” pretty much any time anyone says anything,” added Buterin.

    Just a few days later, an ERC20 protocol, THE Protocol (THE), has come to life. Interestingly the Twitter admins of the new memecoin have also taken a cue from Vitalik Buterin’s suggestion. Crypto analytics firm Nansen has shared some interesting insights about THE Protocol.

    Drawing a leaf from Shiba Inu playbook

    As per crypto analytics firm Nansen, THE Protocol has drawn a leaf from the Shiba Inu playbook. They have also decided to give Vitalik Buterin a 10 percent stake making him the largest holder with 100 million THE tokens. Interestingly, the cryptocurrency managed to grab the attention of some of the Ethereum investors. The data from Nansen shows:

    The largest token holder is @VitalikButerin who received 100M $THE, 10% of its total supply. Top 50 non-entity addresses hold 50.6% of $THE, and most of them got their $THE shortly after its release. The decentralizedvision.eth swapped 3 ETH for 13,614,311 THE at just $0.00028/THE. We see quite a bit of  Smart Money activity on $THE. Just 2hrs ago, “sisterofvitalik” and hxr.eth both sold their $THE, but hxr.eth still holds 2M tokens. 

    During the launch on Tuesday, October 18, the price of THE Protocol (THE) surged a staggering 1000 percent. As of press time, it has gained another 100 percent and is currently trading at $0.03352.

    Furthermore, THE cryptocurrency has made its way to popular crypto exchanges such as Hotbit and MEXC Global in less than six days. In a very short span, its market cap has also shot to $33 million.

    The launch of THE Protocol is a testament that the crypto community can stretch to new areas for excitement despite the crypto winter this year.

    Will SHIB Price Rise

    After a strong bull run last year, Shiba Inu (SHIB) price dropped significantly during this year’s crypto winter. However, the Shiba Inu ecosystem has been undergoing interesting developments. The recent one was the launch of the Shiba Eternity game on mobile platforms that saw more than 100,000 downloads.

    Furthermore, the Shiba Inu blockchain secured the second rank in the Web3 security leaderboard and a trust score of 93. The recent launch of Shiba Inu’s competitor could help in boosting the trading activity for the memecoin.



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