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Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department.

According to a report from Reuters, a sophisticated hacking group backed by a foreign government reportedly Russia, according to three people familiar with the investigation was able to breach the U.S. Treasury Department as well as the National Telecommunications and Information Administration, or NTIA, with the Department of Commerce.

The incident happened less than a month after Donald Trump fired Department of Homeland Security cybersecurity chief Chris Krebs. However, Reuters stated that the hackers had been monitoring NTIA staff emails run on Microsofts Office 365 for months. Other government agencies may also have been breached, but sources did not provide additional details.

In response to the attack on such a powerful government agency, crypto players pointed out the advantages of Bitcoin (BTC).

"Bitcoin never gets hacked,"saidKraken's head of business Dan Held on Twitter. Bitcoin bull Anthony Pomp PomplianoechoedHeld's sentiment, saying"Bitcoin has never been hacked."

Blockfolio took aim at the NTIAs cybersecurity, implying the agency used dated algorithms for its cryptographic security:

Its unclear whether any funds have been compromised as a result of the breach. At the time of publication, the hack seems to be limited to information potentially stolen from government agencies emails.

Jokes on them, said MyCrypto founder and CEO Taylor Monahan. The treasury's already been hacked by internal actors. The statement may reflect the United States government printing more money in 2020 than for nearly entirety of the country's existence.

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'Bitcoin never gets hacked' crypto players respond to US Treasury breach - Cointelegraph

Ten years ago today, the pseudonymous programmer (or programmers) Satoshi Nakamoto logged into the forum bitcointalk.org one last time, and left the Bitcoin community for good. The day prior Nakamoto wrote a final message to the crypto community by offering a quick build and telling developers that theres more work to be done on denial-of-service (DoS) attacks.

When Satoshi Nakamoto was around, Bitcoins inventor was a mysterious enigma and often led developers in the right direction from 2008 to 2010. Bitcoins creator also left a final message to the community when he/she or they added to the thread on bitcointalk.org called: Added some DoS limits, removed safe mode. The message was written over a decade ago on December 12, 2010, and Nakamoto stressed that theres more work to do.

Theres more work to do on DoS, but Im doing a quick build of what I have so far in case its needed, before venturing into more complex ideas, Nakamoto said at the time. The build for this is version 0.3.19. Added some DoS controls. As Gavin and I have said clearly before, the software is not at all resistant to DoS attack. This is one improvement, but there are still more ways to attack than I can count. Im leaving the -limitfreerelay part as a switch for now and its there if you need it. Removed safe mode alerts, safe mode alerts was a temporary measure after the 0.3.9 overflow bug, Bitcoins creator added.

Nakamoto further wrote:

We can say all we want that users can just run with -disablesafemode, but its better just not to have it for the sake of appearances. It was never intended as a long term feature. Safe mode can still be triggered by seeing a longer (greater total PoW) invalid block chain.

While bitcoin (BTC) was swapping for $0.20 per coin, Nakamoto left a great number of technical replies on the forum that month, which addressed the current Bitcoin build at the time. In fact, during the first two weeks of December 2010, Nakamoto was very active on the forum.

No one knows why the inventor left so abruptly, but Nakamoto had shown he was a bit upset the day before his very last bitcointalk.org forum message. This was because bitcoin was mentioned in a viral pcworld.com article called: Could the Wikileaks Scandal Lead to New Virtual Currency?

At the time, Wikileaks was blocked by a U.S. financial blockade and because Paypal, Mastercard, and Visa stopped servicing the nonprofit whistleblowers, Wikileaks leveraged bitcoin donations.

From Nakamotos responses to the Wikileaks subject, one can assume the crypto inventor was very annoyed by the attention the small little network was getting at the time.

It would have been nice to get this attention in any other context, Nakamoto stressed. Wikileaks has kicked the hornets nest, and the swarm is headed towards us.

Bitcoin was changing fast, and Nakamoto seemed to know that he was steadily losing some of the control and people were making up their own minds on how the cryptocurrency should be back then. The same day the Wikileaks article from pcworld.com published, Nakamoto also thanked Hal Finney in a post called: minimalistic bitcoin client on D language?

Six days prior to Nakamoto speaking about the pcworld.com editorial, he responded to someone who said bring it on, after hearing that Wikileaks was considering cryptocurrency acceptance. Again, Nakamoto seemed flustered and wasnt a big fan of onboarding the nonprofit whistleblowing organization led by Julian Assange.

No, dont bring it on, Nakamoto insisted. The project needs to grow gradually so the software can be strengthened along the way. I make this appeal to Wikileaks not to try to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage, the inventor added.

Nakamotos appeal did not sway Wikileaks and soon after, the nonprofit began accepting bitcoin donations. Bitcoins inventor has not been heard from in over a decade, but there are a number of ostensible emails and messages from the creator that many assume stem from his legitimate accounts. For instance, when Newsweek published a story about Dorian Nakamoto being Bitcoins creator, a post published to p2pfoundation.ning.com on March 7, 2014 says: I am not Dorian Nakamoto.

Moreover, ever since Nakamoto left, there have been many self-proclaimed Satoshi Nakamotos and even clues and messages that have been widely debunked. There are tales from individuals like Craig Wright, a man who has claimed to be Bitcoins inventor for the last five years. Although, Wrights stories have been widely dismissed and debunked by the greater cryptocurrency community.

There was also that time when Bloomberg columnist, Matthew Leising, told people about a so-called Satoshi and published an alleged tell-all about the nakamotofamilyfoundation.org and an individual dubbed: Duality. The patent holder and Hawaiian resident named Ronald Keala Kua Maria said he is Satoshi on a variety of website domains bearing the name Bitcoin and Satoshi.

A man with intense hair like Fabio believes he is Satoshi Nakamoto, but nobody believed Jrg Molts absurd story. In mid-August 2019, a PR firm called Ivy McLemore and the Pakastani Bilal Khalid said he was Bitcoins inventor. Of course, Khalids story was considered ridiculously unfathomable as well. A Belgium native called Debo Jurgen Etienne Guido has told the crypto community he is Satoshi Nakamoto on numerous occasions.

It has also been said that the 47-year-old cartel boss Paul Le Roux could have been Satoshi as well. Still, none of these suspects and self-proclaimed individuals have ever provided a smoking gun pointing in their direction and have always failed to sway the greater crypto community.

As far as recorded history is concerned, Satoshi Nakamoto left the Bitcoin community ten years ago on December 12, 2010, with his final message about adding some DoS controls. Almost everything else from that point forward has been suspect and lacking evidence of legitimacy.

After Bitcoins inventor published the post, the creator must have been curious about the responses and may have been prepared to write one last message. Nakamoto logged into bitcointalk.org on December 13, 2010, logged off, and has not been seen on the forum since then.

What do you think about the last message Satoshi Nakamoto wrote? Let us know what you think about this story in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, p2pfoundation, bitcointalk.org, pcworld.com,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Ten Years Ago Satoshi Nakamoto Logged Off - The Final Message from Bitcoin's Inventor | Featured - Bitcoin News

Ripple-backed bitcoin and cryptocurrency exchange Bitso has announced a $62 million investment round led by venture capital firms Kaszek Ventures and QED Investors.

The Mexico-based exchange, which recently passed 1 million users, is looking to expand across Latin America with a focus on Brazil, where it launched earlier this year.

Bitso is planning expansion across Latin America, with a focus on bringing bitcoin and ... [+] cryptocurrency services to Brazil.

Unlike many cryptocurrency exchanges that have doubled-down on bitcoin services this year amid its growing reputation as digital gold, Bitso is looking to develop its cryptocurrency-based remittance business in one of the world's largest cross-border money markets.

"We're looking to provide access to financial products in a similar way to a bank," Bitso chief executive and co-founder Daniel Vogel said, speaking over the phone.

"The level of access to traditional financial services in these regions is low and the prospect of using cryptocurrency and stable coins for cross border remittances attracted Kaszek and QED."

As much as 70% of Latin Americas population are thought to lack access to a bank account, research has shown.

"Crypto has more opportunity in regions like Latin America than the U.S. where the banking infrastructure is more sophisticated," said Nicolas Szekasy, co-founder and managing partner of Brazil-based Kaszek Ventures, speaking over the phone. "We've been looking into the space for years and we have strong conviction that Bitso is the way to go."

The investment represents the first foray into cryptocurrency for both QED Investors and Kaszek Ventures.

"QED has long kept a pulse on the crypto market and Bitso in particular," said Nigel Morris, co-founder and managing partner at QED Investors, in a statement. "The power crypto has to disrupt and innovate traditional financial services is inexorable and we look forward to using our operating knowledge and expertise to help Bitso achieve exactly that."

Vogel, who said Bitso is looking to double its 1 million users in Brazil, stressed the importance of Bitso's diverse staff, adding "local knowledge helps when building a business and customer base."

Bitso has become the biggest cryptocurrency exchange in Argentina since launching there in February, an achievement Vogel puts down to the company's focus on regulatory compliance.

"One of the reasons we were able to take over Argentina so quickly is because we're one of the only exchanges there that's regulated," Vogel said. "We're very strongly focused on regulation as a company, we think it's a great way to provide trust with our customers."

In October 2019, Ripple, the company behind the third biggest cryptocurrency by value XRP, led an investment round in Bitso that included major U.S.-based crypto exchange and wallet provider Coinbase, Jump Capital as well as existing investors such as Digital Currency Group and Pantera Capital.

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Ripple-Backed Bitcoin And Crypto Exchange Bitso Reveals $62 Million Funding Round To Conquer Brazil - Forbes