In a surprising discovery this week, technology blogger Andy Baio discovered that a copy of the Bitcoin white paper had been secretly included in Apple’s macOS since 2018.
The discovery generated mixed reactions from the crypto community and beyond. It is now unknown whether the decision to include the document was intentional or just an oversight by a Bitcoin enthusiast within the company.
The shutdown of the peer-to-peer (P2P) cryptocurrency marketplace Paxful this week significantly affected the Nigerian crypto community. But now, Ray Youssef, CEO of the crypto firm, has come out to declare that he wouldn’t withdraw his funds from the platform until every other customer gets theirs out.
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Here are major crypto stories from around the world this week.
Bitcoin Creator’s Birthday
The legendary creator of Bitcoin, Satoshi Nakamoto, turned 48 years old on Wednesday, according to information provided to the global network P2P Foundation when they registered, which suggests a birthday of April 5, 1975.
Though Satoshi’s identity remains unknown, members of the crypto space continue to honour them using their likeness in other ways. A bronze depiction of the Bitcoin creator went on display for visitors of Graphisoft Park in Budapest in 2021, and many people pitch Satoshi as a recipient of the Nobel Memorial Prize in Economic Sciences every year.
CAR delays token listing
The organization behind the launch of the Central African Republic’s Sango Coin has announced a delay of its listing “just for a few weeks,” citing legal and regulatory obstacles.
In a message on its Telegram channel last weekend, the Sango Project said the government of the CAR had made “significant progress” in establishing laws and regulations which will allow its cryptocurrency Sango Coin to be listed on crypto exchanges.
However, according to the project, the Sango Coin listing will be postponed for a few weeks before the frameworks are finalized.
“There are also some other new surprises that will come along with these laws. Rest assured that this delay is necessary to ensure that Sango is fully compliant with all relevant regulations and that our products are launched in the most secure and responsible manner possible.”
Bitcoin whitepaper in Apple macOS
In a Wednesday blog post, Independent blogger Andy Baio revealed that a PDF of the Bitcoin Whitepaper has apparently shipped with every copy of macOS since 2018, from Mojave to the current Ventura.
Baio said he came across a device named “Virtual Scanner II” that he had never seen before while trying to fix his printer. This device stores Satoshi’s vision within the Image Capture Utility. When the technologist changed the media format from “photo” to “document”, the whitepaper appeared.
To see the whitepaper, macOS users can open a terminal on their computers and type the following commands into the terminal:
“open /System/Library/Image\ Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf”
They can alternatively look through the system folder in Finder. Baio also referenced a November 2020 Twitter thread from designer Josh Dickens, who highlighted the whitepaper’s presence on his Mac.
MicroStrategy adds to Bitcoin stash
MicroStrategy, an American business intelligence firm, announced its latest acquisition of an additional 1,045 Bitcoin for approximately $29.3 million at an average price of $28,016 per BTC on Wednesday.
As of that Wednesday, MicroStrategy held a total of 140,000 BTC, which was acquired for approximately $4.17 billion at an average price of $29,803 per BTC. This news is a significant milestone for the company as it continues investing in Bitcoin as a reserve asset.
MicroStrategy made its first Bitcoin purchase in August 2020, and since then, the company has been consistently adding to its holdings. The latest purchase brings the total amount of Bitcoin owned by MicroStrategy to over $12.6 billion.
Paxful CEO will not withdraw funds
Earlier this week, Bitcoin marketplace Paxful announced a shutdown decision. The crypto firm CEO, however assured that all customer funds were safe and urged them to withdraw their funds from the platform, ideally opting for self-custody if possible.
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Nigerian crypto foreign investment reaches new low
As an update on Wednesday, Youssef tweeted that he will not be withdrawing his Bitcoin until all the users on Paxful get their BTC out first. The image attached alongside the tweet highlights that only 2.3 BTC is currently in Youssef’s possession.
In that line, one of his followers questioned, “surely that is not all your Bitcoin.” In response, the CEO claimed, “I self custody brother. Only keep on any exchange what I intend to sell. Also get my salary in BTC.”
That is all from us this week. See you same time, next week!
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