The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO due to Wright’s fundamentally fraudulent defamation claim. Wright had asserted he was Satoshi Nakamoto, Bitcoin’s creator, and sought damages […] Source: https://news.bitcoin.com/uk-high-court-grants-worldwide-freezing-order-against-craig-wright/
Month: July 2024
Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade
On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $56.5 million, at block height 850,855. Long-Inactive Bitcoin Wallet Transfers Over $56M At 8 p.m., or Bitcoin block height 850,855, a wallet created ten […] Source: https://news.bitcoin.com/sleeping-bitcoin-wallet-transfers-1000-btc-worth-over-56m-after-a-decade/
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by $110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $1 Trillion Mark Bitcoin (BTC) has experienced a challenging month, losing about 20% against […] Source: https://news.bitcoin.com/bitcoins-market-cap-at-risk-of-falling-below-1-trillion-for-first-time-in-4-months/
Unlock the Best Free Social Casino Experience With DingDingDing
Welcome Bonus and Variety of Games DingDingDing emerges as a rapidly expanding free social gaming platform distinguished by its array of unique features. The platform invites new users to explore and engage with a variety of free social casino games available on the fastest-growing free online casino website. Upon registration, new accounts can claim a […] Source: https://news.bitcoin.com/unlock-the-best-free-social-casino-experience-with-dingdingding/
2024 Election Bets Propel Polymarket to $111 Million in June Volume
According to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $100 million in June and $8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence of the Prediction Market Polymarket Polymarket has […] Source: https://news.bitcoin.com/2024-election-bets-propel-polymarket-to-111-million-in-june-volume/
How AI is Paving the Way to a Transhumanist Future
In brief Transhumanism aims to rise above human limitations through technology, with AI playing a crucial role in enhancing physical and intellectual capacities. Ben Goertzel, CEO of SingularityNET, highlights how AI is revolutionizing medicine, cybernetics, and redefining human capabilities. As AI disrupts industries, including healthcare, and is embraced by those looking to extend human life, the concept of transhumanism is…
Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran
Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience remains a significant barrier to adoption, according to Thor Abbasi, co-founder of Zivoe. Abbasi argues that as long as wallet interfaces seem “unintuitive” or intimidating to non-crypto users, defi lending protocols won’t gain traction hence their benefits won’t be […] Source: https://news.bitcoin.com/intimidating-wallet-interfaces-hinder-adoption-of-defi-lending-protocols-says-crypto-veteran/
This Week In Coins: Bitcoin’s Bad Week Sinks the Crypto Fleet
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt. After ten years, the Mt. Gox bankruptcy’s Bitcoin distributions have officially begun—and the crypto market is spooked. On Friday, the price…
Nigerian central bank alleges unauthorized transactions by Binance
In a Nigerian court on Friday, July 5, Binance’s illegal operations were highlighted, with Central Bank official testifying on lack of necessary licenses and regulatory approval. Source: https://cointelegraph.com/news/cbn-criticizes-binance-unauthorized-banking-nigeria
Nigerian blockchain leader advocates AI to save African languages
The use of blockchain and AI for improvement in various areas of society is essential in Africa now more than ever. Source: https://cointelegraph.com/news/ai-blockchain-preserve-african-languages