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Bitcoin, the world's largest cryptocurrency, saw its value plunge nearly 75 percent. In December 2017, one bitcoin was worth nearly $20,000. At the close of 2018, it was less than $3,875. Goodman and Newsweek have been taking tremendous amounts of flak for the publication of the piece, which included a posting of a picture of Nakamoto and his place of residence. Members of the bitcoin community have criticized the author and the publication for breaching the privacy of an elderly man with no concrete proof he’s actually who they say he is. Back in 1995, six years after World Wide Web was launched, Clifford Stoll, an American astronomer and the author of the Cuckoo’s Egg, published an article on Newsweek. He said, “Then there’s cyberbusiness. Mysterious, controversial, enigmatic—Satoshi Nakamoto is the pseudonym used by the unknown creator (or creators) of Bitcoin. Generally assumed to have hailed from Japan, Nakamoto is the author ... Free Online Library: Cryptocurrency Exchange Binance Hacked, $40M In Bitcoin Stolen. by "International Business Times - US ed."; Business, international News, opinion and commentary Computer hackers Crypto-currencies Cryptocurrencies Cyberterrorism Theft All the latest breaking news on Bitcoin. Browse Newsweek archives of photos, videos and articles on Bitcoin.

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What is Mining?

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