When it comes to digital collectibles, most enthusiasts think of Ethereum, Solana, or Polygon—deservedly, as proof-of-stake blockchains have cornered the NFT marketplace. But digital collectibles using the Bitcoin blockchain have existed since 2014, and several projects have made it their continuing mission to bring NFTs to the first and biggest cryptocurrency. NFTs are digital assets that are provably unique and…
The two people who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could have their identities revealed next month after a recent ruling by United States District Judge Lewis Kaplan. According to the Jan. 30 filing, Kaplan granted the application to reveal the names of the two individuals to the public. However, Judge Kaplan has given…
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big Brain Holdings. Vest Aims to…
Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park. Speaking via video call, Gouspillou…
Dungeons & Dragons (D&D) publisher Wizards of the Coast capitulated to fans and content creators Friday, announcing that it won’t move forward with proposed changes to a game license that would have clamped down on derivative NFT projects in the process. Earlier this month, the Hasbro-owned company provoked widespread ire from the tabletop gaming community after it moved to modify a…
Coinbase says it is improving the safety and user experience of its Wallet app. The crypto firm announced a number of new features on Monday aimed at improving blockchain transparency and security for Wallet users, adding transaction previews, token approval alerts, a blocklist of flagged dApps, and an a spam token management feature that automatically hides maliciously airdropped assets. Transaction…
Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violation of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create. Osprey stated in the suit that it is the only competitor to Grayscale on the…
Bitcoin has dropped—taking the rest of the crypto market with it—as traders de-risked ahead of the Federal Reserve’s Wednesday announcement where the central bank is expected to continue to hike interest rates. The biggest digital asset by market cap is trading for $22,787, down 4.4% in 24 hours, according to CoinGecko. Ethereum, the second biggest cryptocurrency, has shed nearly 6%…
United States prosecutors in the criminal case against former FTX chief executive officer Sam Bankman-Fried have released text and email messages from SBF to current CEO John Ray. In court documents for the Southern District of New York released on Jan. 30, the Justice Department responded to a motion from Bankman-Fried’s legal team attempting to remove some of the proposed…
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations. Elon Musk’s Plan for Twitter Payment System Advances, Adding Cryptocurrency Later Elon Musk appears to be…
