An unknown cryptocurrency trader turned $55 million of paper wealth into $283 million in just over a month. The only clue about this person(s) beyond a virtual wallet with the ID code 0x00A651D43B6e209F5Ada45A35F92EFC0De3A5184 was an Instagram post from Bahasa, Indonesia.
“The credibility of virtual currencies will not rise if they are used for criminal purposes,” the draft said. “In this context, anonymity will become more a hindrance than an asset for virtual currencies” and their potential future popularity. Pseudonymity has always been a big part of the market’s allure. Upending traditional ways of doing business was the lodestar for Ethereum’s inventor, 23-year-old Vitalik Buterin. He released his software in 2015, not long after dropping out of Canada’s University of Waterloo.