Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
A Early Bitcoin Investor Unveils Physical Bitcoin Bar After 13 Years, Unlocking 100 Bitcoins and Profiting Over $10 Million
BlockBeats News, July 12th, according to Coindesk's report, as Bitcoin has recently hit new highs, early Bitcoin investor and BitcoinTalk forum user "JohnGalt" successfully redeemed his 13-year-old Casascius physical Bitcoin bar, extracting the 100 Bitcoin private keys stored inside, and earning approximately 10 million US dollars in profit.
JohnGalt stated that he initially spent $500 to purchase this bar in 2012, when Bitcoin was only about $5 per coin, with almost no one interested. In his post, he admitted that over the years he had tried to sell the bar many times, even considering auctioning it off, but the process was often hindered by pricing disputes and trust issues, making it impossible to complete a transaction smoothly. Now, as Bitcoin has surpassed $100,000, JohnGalt felt that continuing to hold onto a physical asset worth "eight figures in USD" was too risky, prompting him to finally extract these 100 bitcoins.
It is worth noting that since BCH uses the same private key mechanism as Bitcoin, astute Internet users swiftly claimed $40,000 worth of BCH by extracting it using the private key visible in the photo before JohnGalt could secure it, all within a quick 9-minute process.
You may also like
DWF Deep Report: AI in DeFi Outperforms Humans in Yield Optimization, but Complex Trades Still Lag Behind by 5 Times
What Separates Smart Money from the Crowd in Crypto? Insights from Freedom of Money
Most crypto traders lose money not because of bad luck, but because they misunderstand how the market really works. From Freedom of Money to the rise and fall of Sam Bankman-Fried, they highlight a key divide in crypto: those who build the market and those who chase it. This reading guide explores essential books that reveal how narrative, regulation, capital, and psychology shape long-term success in the crypto industry.
The Risk Management Core Team has just been ousted, and Aave is now facing a $200 million default.
The $293 million bug wasn't in the code; so, what's the deal with the "DVN Configuration Bug," which led to the largest hack of 2026?
a16z on Recruitment: How to Choose Between Crypto-Native and Traditional Talent?
The biggest DeFi heist of 2026, hackers easily took advantage of Aave
Will Robots Replace Humans? He Says No!
Binance Coin's Price Skyrockets 15x to All-Time High, Saved by Three Bull Market Lifelines
The organization has accessed the prediction market, but is stuck at the third stage
Head of crypto VC collective shrinks: a16z crypto fund management scale plummets by 40%, Multicoin cut in half
Arthur Hayes New Post: It's "No Trade" Time Now
Claude Opus 4.7 Review: Is It Worthy of the Title of Strongest Model?
DWF In-Depth Report: AI Outperforms Humans in Yield Farming Optimization in DeFi, But Complex Transactions Still Lag Behind 5x
The financial tricks of the crypto giant Kraken
When proactive market makers start to take initiative
Massive Whale Movement: Unstaking $84.96 Million in HYPE Tokens
Key Takeaways A crypto whale, known as TechnoRevenant, has unstaked approximately $84.96 million in HYPE tokens. The tokens…
ListaDAO Addresses Third-Party Contract Vulnerability Concerns
Key Takeaways GoPlus Security revealed a vulnerability in a contract resembling those of ListaDAO. ListaDAO confirmed that their…
Security Risks of Fake Ledger Nano S+ Devices Emerging Through Chinese E-Commerce
Key Takeaways Counterfeit Ledger Nano S+ devices are being sold on Chinese e-commerce platforms, posing significant risks to…
DWF Deep Report: AI in DeFi Outperforms Humans in Yield Optimization, but Complex Trades Still Lag Behind by 5 Times
What Separates Smart Money from the Crowd in Crypto? Insights from Freedom of Money
Most crypto traders lose money not because of bad luck, but because they misunderstand how the market really works. From Freedom of Money to the rise and fall of Sam Bankman-Fried, they highlight a key divide in crypto: those who build the market and those who chase it. This reading guide explores essential books that reveal how narrative, regulation, capital, and psychology shape long-term success in the crypto industry.
App