• Satoshi-Era Bitcoin awakens: 1,005 BTC Mined In 2010 On The Move

    August 17, 2023
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    1,005 BTC, valued at $29 million, has been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements.

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    A Bitcoin BTC $28,574 wallet containing 1,005 BTC mined in 2010 has reawakened, with an anonymous user moving the long dormant coins to new addresses in a number of different transactions.

    Speaking exclusively to Cointelegraph, Kirill Kretov — a blockchain researcher, developer and cryptocurrency trader — weighed in on the event after initially flagging the movement of the BTC, which was mined just a year after Bitcoin’s inception.

    Cointelegraph independently verified the details of the wallet using blockchain data from Blockchair. According to the wallet statement, the 1,005 BTC was valued at just $328 when it was received in 2010. The coins were valued at over $29 million at the time of publication...

    To read more visit Cointelegraph.

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    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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