The Hacker News - Cybersecurity News and Analysis: Bitcoin founder

Just hours after the Australian man ' Craig Steven Wright ' outed as the possible real identity of Satoshi Nakamoto , the anonymous creator of Bitcoin, Australian Police raided his home in Sydney. Over 10 police officers raided Wright's home in the Sydney suburbs on Wednesday afternoon. They forcefully opened the door, and 'started searching the cupboards and surfaces of the garage.' However, the Sydney police raid at Wright's home is not associated with the claims of his being involved in creating Bitcoins, rather related to the Australian Taxation Office investigation, the Guardian reported . Wright was recently identified as the mysterious creator of Bitcoin, based on leaked transcripts of legal interviews and a number of emails and blog posts. However, neither Dr. Wright nor anyone else has publicly confirmed the real identity of the founder of Bitcoin Satoshi Nakamoto. In a statement, the Australian Federal Police (AFP) officers said the raids weren

Breaking Update:   Police Raid alleged Bitcoin Creator Craig Wright's Home in Sydney . Yes, Satoshi Nakamoto , the mysterious creator of the Bitcoin digital cryptocurrency has possibly been identified as an Australian entrepreneur, according to investigations independently done by Wired and Gizmodo . His name is Craig Steven Wright … ...at least based on some convincing evidence shown by both the publications. Bitcoin is a revolutionary virtual currency developed around Blockchain , a complicated cryptographic protocol and a global computers network that oversees and verifies which Bitcoins have been spent by whom. The identity of the ones spending Bitcoins are extremely difficult to trace because of its anonymous nature, therefore, are very popular among criminals. Also Read:   Meet The World's First Person Who Hacked His Body to Implant a Bitcoin Payment CHIP Satoshi Nakamoto is not only the father of an entire economy worth Billions of dollars,

' Satoshi Nakamoto ', the mysterious founder and creator of the biggest digital cryptocurrency ' Bitcoin ' has reportedly been unmasked as a 64-year-old father of six living in Temple City, Southern California. Satoshi Nakamoto introduced Bitcoin to the world in 2008, but his identity has remained unknown. Till now, there was speculation that he might be a rebellious young programmer based in Tokyo, who took up the Nakamoto moniker as an alias. B ut t he most astonishing thing about this Japanese-American man is that, his real name is Satoshi Nakamoto , who has been finally identified by Newsweek magazine . Newsweek journalist, Leah McGrath Goodman also had a face-to-face meeting with Satoshi Nakamoto, and during an interview he said, " I am no longer involved in that [Bitcoin] and I cannot discuss it, " he said. " It's been turned over to other people. They are in charge of it now. I no longer have any connection. " and even he kep