During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins minted in the early days were sent with little concern for privacy, and were worth more than $4 million at the time of transfer.
Blockchain Parsers Catch 2 Block Rewards From 2010 Move 100 Bitcoin
- In the last 24 hours, two bitcoin (BTC) block subsidies stemming from 2010 were caught by blockchain parsers, after the addresses transferred 100 bitcoin. At the time of the transfers, BTC was swapping hands for roughly $40K per unit.
- The first transaction caught by btcparser.com was a 50 BTC coinbase reward that was minted on July 14, 2010, or over 11 years ago. The transaction was transferred to an empty address that now holds 49.99000615 BTC, and was confirmed at block height 723,812. The transfer was parsed by btcparser.com on February 17, 2022, at 10:01 p.m. (UTC).
- Metrics from blockchair.com gave the first transaction, a privacy score of 0, which is a “critical” privacy rating. Blockchair.com says the transfer had “four vulnerabilities discovered for the privacy involved in this address.” For instance, “matched addresses” were identified in the BTC transaction.
- The next block reward worth 50 BTC was also caught by btcparser.com on February 18, 2022, at 2:00 p.m. (UTC). Privacy on this particular transfer was a bit higher, as it scored a 45 according to Blockchair.com’s privacy meter. “Three vulnerabilities [were] discovered for the privacy involved in this address” including “matched addresses.”
- Both BTC block subsidies for 50 bitcoin per reward were both minted within two days of each other. While the first transaction spent on Thursday was minted on July 14, 2010, the transfer on Friday was a block reward minted two days later on July 16, 2010.
- There haven’t been that many 2010 BTC block subsidies spent in 2022. There was one 50 BTC block reward from 2010 spent last month on January 22, and the funds transferred at block height 719,822. So far, the two spent on Thursday and on Friday this week were the only two 2010 block rewards transferred this month. The total since the first of the year equates to approximately three block rewards from 2010 spent in 2022.
- 2022 has not seen the mystery whale from 2010 that has transferred thousands upon thousands of old block rewards minted that year.
- In addition to the two block rewards from 2010 spent on February 17 and 18, btcparser.com caught 100 BTC from June 21, 2011, transfer to another wallet after more than a decade at block height 723,909.
What do you think about the two 2010 bitcoin block rewards waking up and the 100 bitcoin from this era transferred during the last 24 hours? Let us know what you think about this subject in the comments section below.
- 000
- 100
- 11
- 2022
- 39
- About
- According
- Accounting
- active
- addition
- address
- advice
- Another
- applications
- article
- articles
- avatar
- Bit
- Bitcoin
- Bitcoin.com
- blockchain
- BTC
- buy
- Catch
- caught
- caused
- code
- coinbase
- comments
- community
- Companies
- company
- connection
- content
- cryptocurrency
- decentralized
- Decentralized Applications
- discovered
- disruptive
- during
- Early
- emerging
- financial
- First
- florida
- Friday
- funds
- goods
- HTTPS
- Including
- investment
- involved
- IT
- January
- journalist
- July
- lead
- Legal
- million
- more
- move
- news
- offer
- open-source code
- Other
- Popular
- privacy
- Products
- provide
- purposes
- range
- reliance
- responsible
- Rewards
- sell
- Services
- shutterstock
- So
- solicitation
- Story
- tax
- tech
- thousands
- time
- today
- transaction
- us
- USD
- UTC
- value
- Vulnerabilities
- Wallet
- week
- What
- within
- worth
- year
- years
More from Bitcoin.com
Judge Orders Argentinian Soccer Association to Drop Binance Deal
Source Node: 1161928
Time Stamp: Jan 31, 2022
Bitcoin, Ethereum Technical Analysis: ETH Climbs to $3,500 to Start the Weekend
Source Node: 1245691
Time Stamp: Apr 2, 2022
Swiss Regulator Approves First Crypto Fund: Asset Manager Says ‘It’s an Exceptional Achievement’
Source Node: 1089908
Time Stamp: Sep 29, 2021
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support
Source Node: 1297336
Time Stamp: May 7, 2022
Brazilian Development Bank Sets Deadline for Completion of Blockchain Network
Source Node: 1270839
Time Stamp: Apr 20, 2022
US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case
Source Node: 1087283
Time Stamp: Sep 27, 2021
Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions
Source Node: 1348353
Time Stamp: Jun 9, 2022
The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation
Source Node: 1093241
Time Stamp: Oct 3, 2021
Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money
Source Node: 1218293
Time Stamp: Mar 16, 2022
Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits
Source Node: 1298719
Time Stamp: May 8, 2022
South African Mobile Network Operator MTN Buys Land in the Metaverse
Source Node: 1194462
Time Stamp: Mar 2, 2022
Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative
Source Node: 1238049
Time Stamp: Mar 28, 2022