Crypto.IQ Daily Digest July 3, 2018

BITCOIN, SATOSHI, CRYPTO MYSTERY

‘Satoshi Nakamoto’ Releases Excerpts from Upcoming Book — Is it a Hoax?

IQ THOUGHTS

When it comes to creative ways to make some cash, we have to hand it to the most recent person claiming to be Satoshi Nakamoto.

Nakamoto, founder of Bitcoin and man (woman, or group of people) of mystery, disappeared not long after the founding of Bitcoin and hasn’t surfaced since. Some say he’s dead, in hiding, maybe an alien or a time traveler.

We are not kidding.

And anyone in the community for any length of time knows about Craig Wright’s attempt to pass himself off as Satoshi, and the chorus of disdain that greeted him.
We think there’s a simple solution.

The real Satoshi could move some of the Genesis coins around, the ones to which only Satoshi has the keys, and announce it ahead of the move. No one but the holder of the keys to the Genesis coins could do that, solid proof that it was Satoshi.

This Satoshi says he hasn’t done that for good reason. He says, “…the truth is too special to give away, requires a long answer, which will be in the book.” So we guess you’ll just have to read the book to learn what’s behind all this. Or not.

CRYPTO CRIME

Windows Clipboard Hijacking Malware Reportedly Monitoring 2.3M Bitcoin Wallets

IQ THOUGHTS

We discussed cryptojacking malware in our most recent newsletter, and we talked about pirate mining of Monero. We said it wasn’t the worst thing that could happen with malware, and isn’t.

This is.

This malware substitutes a hacker’s Bitcoin address for one you’ve copied off a website where you want to send Bitcoin. Because Bitcoin addresses are long and complicated, it’s easy to miss these swaps.

Obviously, you should be running malware protection, especially if you’re in crypto, but in any case you should always double double check the address where you’re sending your cryptocurrency. Make sure the address that your computer copied is the same as the one you pasted to send your crypto.