The man who infamously claims to be the creator of Bitcoin has issued a settlement offer to the Crypto Open Patent Alliance (COPA) and “all parties” in a letter published on Wednesday. The move aims to avoid a trial over the intellectual property rights around Bitcoin and the legal pressure to prove whether Craig Wright is indeed the pseudonymous creator…
Month: January 2024
Bitcoin Is Poised for Another Run—If Fed Cuts Rates: Analysts
Though not predicting a meteoric, hockey-stick rise, crypto analysts say Bitcoin “could see increased appeal” in 2024. CoinShares, a European asset manager, released its latest annual report this Tuesday about the state of the crypto industry and potential scenarios for 2024. The authors say they focused on macro signals and painted a positive outcome for crypto as the Federal Reserve…
Crypto Lender Nexo Sues Bulgaria for $3 Billion After Beating ‘Politically Motivated’ Investigation
Crypto lending firm Nexo has filed a $3 billion arbitration claim against the Republic of Bulgaria after the government wrapped up a year-long criminal investigation into the company and its founders last month. In a Wednesday press release, Nexo argued that Bulgaria’s “unjustified” and “politically motivated” investigation tarnished the firm’s reputation, and cost it billions in lost business opportunities that…
Bitcoin Bounces as Grayscale Slows Down Sales
Despite Bitcoin (BTC) taking a heavy hit on Tuesday, it’s up today—and has broken above $40,000 again. CoinGecko data shows that the biggest digital coin by market cap has bounced above $40,000 multiple times so far on Wednesday, and currently sits at $40.050. It’s up more than 2% on the day. Bitcoin has steadily dropped in price since long-awaited spot…
Gaming Tokens Rebound as Ronin and Beam Post Double-Digit Gains
It’s been an up-and-down couple of weeks for the cryptocurrency market following the launch of spot Bitcoin ETFs in the United States, but some of the largest gaming tokens are emerging from the red Wednesday with sizable gains as the broader crypto market shows signs of life. All of the gaming tokens in the top 100 cryptocurrencies by market cap…
How Coinbase Earn Makes Staking Simple—and Secure
If you hold cryptocurrency on an exchange like Coinbase, staking it is an easy way to earn yield on crypto that would otherwise sit idle. It’s a simple process, Coinbase Staking Product Lead John Zettler told Decrypt. From the Coinbase user’s point of view, it’s a matter of navigating to an asset you hold on the exchange, then clicking stake;…
SEC’s Hester Peirce: Bitcoin ETF ‘Lesson Will Certainly Stick’
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce said that the lessons learned by the regulator while approving spot Bitcoin ETFs “will certainly stick with us.” In a recent interview with Coinage, Peirce said that the SEC had “heard from a court that the approach we were taking was wrong, in the sense of not showing the kind of…
‘Palworld’ Roadmap Revealed—Huge Upgrades Are Coming
Indie game Palworld is the biggest thing in gaming right this moment, as the indie survival game—widely described as “Pokémon with guns,” both with love and derision—has sold seven million copies in less than a week while dominating gamers’ mindshare. But what’s next? Palworld has some bugs and issues, and has struggled under the weight of historic demand, plus the…
Solana Meme Coin Dogwifhat Soars 30% on Bitget Listing, SOL and BONK See Gains
Popular Solana meme coin Dogwifhat (WIF) has soared over 30% in the past day on news that it will be listed on crypto exchange Bitget. Currently the price of WIF stands at $0.3181, up 30.4% on the day, according to data from CoinGecko. Trading for Dogwifhat on Bitget began at 9 a.m. UTC today, according to the company. WIF is…
Hackers Target Crypto Email Lists, Send Phishing Attacks Netting Over $500,000
Email service provider MailerLite was the victim of a phishing attack, and the target was the crypto market, the company notified Decrypt on Tuesday. According to an email alert from the company, the attack happened after a support team member clicked a deceptive link, entered their Google credentials, and confirmed the second-factor challenge—giving hackers access to Mailerlite’s internal system. “Upon…