New all-time high for Bitcoin

Bitcoin smashed through its all-time high and reached all the way to $23,000 this week. The previous peak was recorded earlier this month when BTC hit $19,920, but the past 48 hours have seen a rally past the $20K mark with ease.

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In the news

Morgan Stanley: BTC rising to replace USD as world's reserve currency

Ruchir Sharma of Morgan Stanley penned an op-ed stating companies and individuals are looking at alternative stores of value to hedge against the dollar’s devaluation.

According to the strategist, people from retail consumers to institutional investors are embracing Bitcoin’s decentralized model as a democratic alternative to the dollar’s uncertain future.

10 years ago: Satoshi Nakamoto's final message

In his final message to the crypto community, Satoshi offered a quick build to the other developers, and advised them to focus on security measures against DOS, or Denial of Service Attacks.

Nakamoto had been upset in the days leading up to his departure, angered by a PCWorld.com article that prematurely shone a light on the early Bitcoin project, but it’s still unclear if this was the catalyst for his sudden departure.

Crypto founder faces 10 years in prison over millions of dollars in exit scam

Pearl Token founder Amir Bruno Elmaani has been arrested and is facing up to 10 years in prison for tax evasion.

He allegedly made millions of dollars from running an elaborate exit scam based on his “Pearl Token” cryptocurrency, using shell companies to mask his moves.

Report claims President Trump considering clemency for Ross Ulbricht

According to two anonymous sources, U.S. President Donald Trump is considering clemency for Ross Ulbricht, the mastermind behind the dark web marketplace, The Silk Road.

Since his arrest in 2013, many have viewed Ulbricht’s double life sentences as a miscarriage of justice, gaining an online petition for clemency with over 360,000 signatures.