Eidoo Card Teal
Eidoo Card Purple
Eidoo Card Black

Introduce your digital currencies to the real world.
Experience DeFi on demand with the Eidoo Card

Pre-order yours and enjoy exclusive rewards,
including up to 10% crypto cashback.

New clues to the Phemex puzzle to win bitcoin
New clues to the Phemex puzzle to win bitcoin
Blockchain

New clues to the Phemex puzzle to win bitcoin

By Marco Cavicchioli - 23 Jan 2020

Chevron down

Phemex has announced 4 new clues for the puzzle in which he has hidden 2.1 bitcoin. 

As promised, given that a week after the launch the puzzle has not yet been solved, the exchange founded by 8 former programmers of Morgan Stanley has revealed new clues to help find the solution. 

The four clues are:

  1. The first 21-digit prime found in consecutive digits of e is: 957496696762772407663;
  2. The private key you derive from Satoshi’s portrait is a big integer, not Wallet Import Format (WIF);
  3. The filename of the picture is irrelevant;
  4. The next step involves converting some words from the portrait, without I/O, into a 27-digit number.

The first person who can find the private key and transfer the stored bitcoins to their public address will be the winner. 

The clues were revealed by Max Wong, co-founder of Phemex and designer of the Satoshi puzzle, who also revealed his background.

Along with Jack Tao, Wong joined Morgan Stanley 12 years ago, but a few years later decided to pursue a career as an entrepreneur, while Jack moved to New York to continue his career in the company. 

Wong claims to have entered the crypto industry in 2015, when he received a book from an investor. Bitcoin immediately caught his attention and in the following years, together with Tao, he decided he wanted to bring something new and special to the crypto industry using their traditional financial background. In 2019 they joined forces and started the derivatives exchange Phemex.

The puzzle, as the press release explains, is a tribute to all the people who face life with resourcefulness and ingenuity, and by publishing it they have been able to watch thousands of people trying to understand the basics of cryptocurrencies and learn cryptography. To date, the puzzle has been seen by over 300,000 people. 

In addition, the post reveals that many users are helping each other in the group’s Telegram chat to understand the key concepts of this new ecosystem and that a repository on GitHub has even been created to try to solve the problem together. 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.