Bitcoin.org receives $120,000 in Bitcoin from anonymous donor

Community website Bitcoin.org received a donation of 14 Bitcoin ($120,000) on Monday to go towards general upkeep of the site. This is the biggest donation the site has ever received, according to one of Bitcoin.org’s co-owners.

- Advertisement -

Bitcoin.org was originally set up by Satoshi Nakamoto, the inventor of Bitcoin, and Martti Malmi, one of the first developers who helped to build it. The site is now an independent, open-source project and members of the Bitcoin community can help to keep it updated.

The site is now owned by Michael Marquardt—known as “Theymos” in crypto circles—and a pseudonymous individual called “Cobra,” who owns the popular forum Bitcointalk and describes himself as an anarchist.

“It’s the biggest donation we’ve received,” Cobra said. “Normally we receive very small donations (below $100) and the occasional donation above $1,000. Once we received a $40,000 donation but this recent one blows everything out of the water.”

He added that the money will go toward translating the Bitcoin whitepaper into more languages, offering new content and creating a new introductory video. In addition, it will keep the site running in terms of server costs and general maintenance.

But who sent the large donation?

A bitcoin guardian angel? Satoshi Nakamoto himself? Who knows.

- Advertisement -

“We have no idea who sent it,” said Cobra. “It’s likely it was an early adopter who wanted to see to it that Bitcoin.org was well-funded and could continue to educate people.”

Source

Previous Articles:

- Advertisement -

Latest

Man Faces Prison for Hiding $13M in CryptoPunk NFT Sales from IRS

Pennsylvania man Waylon Wilcox faces up to six years in prison after pleading guilty to concealing over $13 million in CryptoPunks NFT sales income.Wilcox...

Gold-Backed Cryptocurrencies Surge as Investors Seek Digital Safe Haven

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have surged over 24% year-to-date to all-time highs above $3,300.While tokenized gold has thrived...

Mantra (OM) token plummets 90% in 24 hours, wipes out $6B market cap

Mantra (OM) token has crashed over 90% in 24 hours, plummeting from $6.3 to under $0.50, wiping out most of its $6 billion market...

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

Must Read

How to Buy VPS with Crypto from Hostinger – Step by Step guide

Did you know that nowadays you can use Bitcoin to purchase a Windows VPS? If you’re here, you’re probably wondering how to do it....