Adam Back Calls 107 BTC Burn an “Accidental Quantum Bounty

May 26, 2026 - 17:15
Adam Back Calls 107 BTC Burn an “Accidental Quantum Bounty
Five transactions broadcast on May 26 sent a combined 107 Bitcoin (BTC) to Bitcoin’s well-known burn address, permanently removing the funds from circulation. Blockstream CEO Adam Back called the incident an “accidental quantum bounty” on X, drawing immediate attention across the crypto community. The burn address, 1111111111111111111114oLvT2, has no corresponding private key, making any BTC...

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0