In 2008, an anonymous researcher (or team of researchers) called Satoshi Nakamoto published a nine-page research paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The document, known as the Bitcoin white paper, presented a new type of digital currency which could be sent directly between users without reliance on financial intermediaries. Following the launch of Bitcoin in 2009, people around…
Month: January 2023
Judge denies motions from Celsius users seeking to reclaim assets
A judge overseeing bankruptcy proceedings for crypto lending firm Celsius Network has denied motions from three users with different claims on assets stuck since July. In orders filed with United States Bankruptcy Court in the Southern District of New York on Jan. 25, Judge Martin Glenn denied a motion from Rebecca Gallagher, a Celsius claimant who argued her interest-bearing ‘Earn’…
Venture capital investments into blockchain continue to free-fall: Report
Cointelegraph Research has analyzed all the deals and trends from venture capital in the blockchain industry during the fourth quarter of 2022. The second half of 2022 saw a dramatic decline in capital inflows across all five major sectors of the blockchain industry: decentralized finance (DeFi), centralized finance (CeFi), nonfungible tokens (NFTs), infrastructure and Web3. The first half of 2022…
Nifty Gateway Co-Founders Step Down as Cock Foster Twins Seek to Start New Company
Co-founders of NFT Marketplace Nifty Gateway Duncan and Griffin Cock Foster announced their departure from Gemini Wednesday as the set of high-profile twins prepares to embark on a new venture. The twins’ departure comes after launching the startup five years ago and selling Nifty Gateway to cryptocurrency exchange Gemini in June of 2019, long before NFTs had become a lucrative…
Exclusive NFT presale to treat all the hard workers, feat. Snoop Dogg and Billy Ray Cyrus
Blue-collar workers are the gears that make the world go round. They turn in a hard day’s work day after day, so there is little question that these professions hold a valuable place in society. Unfortunately, despite their contributions, these hard workers often go unnoticed. Cointelegraph and Web3 metaverse concert platform Animal Concerts have joined together to recognize the efforts…
DOGE Drops to 5-Day Low on Wednesday – Market Updates Bitcoin News
Dogecoin slipped to a five-day low on Wednesday, as the meme coin fell for a second straight session. The move saw prices drop by over 5%, edging closer towards a key price floor in the process. Polygon also extended recent declines, hitting its weakest point since January 19. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a five-day low on Wednesday, as…
Nifty Gateway co-founders resign amid Gemini woes
In a Twitter thread posted on Jan. 25, Duncan Cock Foster and Griffin Cock Foster, co-founders of nonfungible token (NFT) auction platform Nifty Gateway, announced their resignations effective immediately. In supporting the decision, Duncan said they were leaving because “Griffin and I are founders at heart, and we want to start another company.” “When @Gemini acquired NG in 2019, Griffin…
‘Human B’ shows a personal journey with Bitcoin
The human side of Bitcoin (BTC) is seldom explored in legacy or mainstream crypto media outlets. Even within the Bitcoin space, Bitcoin is “number goes up” technology, while catchphrases like “Bitcoin to the moon” and “have fun staying poor” rattle around like coins in a jar. Bitcoin documentaries tend to sensationalize Bitcoin as a panacea to the world’s problems instead…
Ethereum NFT Hit Doodles Will Launch Doodles 2 on Flow Blockchain
Doodles is one of the most prominent Ethereum NFT projects around, with colorful profile pictures (PFPs) that stand out on social media, more than $550 million in trading volume to date, and musician Pharrell Williams as its chief brand officer. But for its next big drop, Doodles is heading to the Flow blockchain. Today, Doodles announced that its upcoming larger-scale…
Bitcoin due shake-up vs. gold, stocks as BTC price dips under $22.5K
Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price faces stiff resistance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading below $22,500 after failing to crack resistance near five-month highs. U.S. stocks saw a weak start to the session, the…