Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Adam Back reveals Bitcoin's roots trace back to 1997 cypherpunk efforts, not just Satoshi Nakamoto alone.

Market News
18 Jun 2026
UToday
View Source
Neutral
pluang ai news

Adam Back, a cypherpunk pioneer and CEO of Blockstream, explained that Bitcoin was not solely invented by Satoshi Nakamoto but emerged from collective work within the cypherpunk community dating back to 1997. The foundational ideas of decentralized money using Proof-of-Work were discussed privately years before Bitcoin's white paper. Satoshi built on existing technologies like Back's Hashcash algorithm and combined ideas from various developers to solve key problems like double-spending. This insight highlights Bitcoin as a collaborative innovation rather than the product of a single inventor.

More News

Denali sells Rare Pediatric Disease Priority Review Voucher for $195M to fund neurodegenerative drug development.

Denali sells Rare Pediatric Disease Priority Review Voucher for $195M to fund neurodegenerative drug development.

Denali Therapeutics has agreed to sell its Rare Pediatric Disease Priority Review Voucher (PRV) for $195 million. The PRV was awarded after FDA approval of AVLAYAH™, the first biologic designed to cross the blood-brain barrier for treating Hunter syn...

Company Fundamentals
Bullish
1 hour ago
Enphase Energy starts shipping powerful GaN-based IQ9S-3P commercial microinverters in the US.

Enphase Energy starts shipping powerful GaN-based IQ9S-3P commercial microinverters in the US.

Enphase Energy has begun shipping its IQ9S-3P Commercial Microinverter, the company's most powerful microinverter designed for high-wattage solar panels up to 770 W and three-phase 480Y/277 V grid systems. Built with advanced gallium nitride (GaN) te...

Others
Bullish
1 hour ago
TinyML AI chipset shipments to exceed 4.1 billion by 2031, driven by industrial IoT growth.

TinyML AI chipset shipments to exceed 4.1 billion by 2031, driven by industrial IoT growth.

ABI Research forecasts TinyML AI chipset shipments, excluding personal and work devices, will grow at a 37% CAGR to surpass 4.1 billion units by 2031, with revenues exceeding $7.8 billion. This growth reflects the shift of embedded AI from experiment...

Market News
Bullish
1 hour ago
Allegro MicroSystems adds Brian White to its Board, enhancing financial and semiconductor expertise.

Allegro MicroSystems adds Brian White to its Board, enhancing financial and semiconductor expertise.

Allegro MicroSystems appointed Brian C. White as an independent director on its Board, effective June 17, 2026. White brings over 30 years of experience in semiconductor leadership and financial strategy, having served as CFO for several public semic...

Company Fundamentals
Bullish
1 hour ago
Citadel warns June Fed pause is brief; September rate hike likely due to lasting inflation pressures.

Citadel warns June Fed pause is brief; September rate hike likely due to lasting inflation pressures.

Citadel Securities warns that the Federal Reserve's decision to pause rate hikes in June is only temporary. They highlight that ongoing supply shocks, a strong labor market, and a large AI investment cycle are driving persistent inflation, which will...

Market News
Bearish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App