James Howells, an IT engineer from Newport, Wales, has lost his long-running legal battle to recover a hard drive containing 8,000 Bitcoin valued at over $750 million. The Newport City Council has consistently denied access to the landfill where the hard drive was accidentally discarded in 2013, citing environmental concerns. In the latest setback, Judge Keyser KC dismissed Howells’ case,…
Category: News
Pro-Crypto President-Elect Donald Trump Loses Supreme Court Bid to Skirt Sentencing
As Donald Trump prepares to return for a second term in the U.S. presidency, his path back to the Oval Office has been overshadowed by a major legal setback. The U.S. Supreme Court on Thursday denied President-elect Donald Trump’s emergency appeal to halt his criminal sentencing in New York, allowing the hearing to proceed as scheduled on Friday. The ruling…
Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain
As advances in blockchain and AI continue to break boundaries and converge, striking a balance between these two technologies becomes essential. While AI consumes and processes a vast amount of data, blockchain ensures it is protected with its immutability, transparency and decentralized governance. While blockchain can leverage machine learning – specifically federated learning and Large […] Source: https://news.bitcoin.com/intelligent-web-role-of-ai-in-powering-beldex-dapps-and-sidechain/
Stablecoin issuer ‘Usual’ faces sell-off after redemption update
Usual’s USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate. Source: https://cointelegraph.com/news/stablecoin-issuer-usual-selloff-redemption-update?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arbitrum DAO gains unanimous support for BoLD protocol upgrade
The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions. Source: https://cointelegraph.com/news/ethereum-layer-2-scaling-solution-arbitrum-proposes-bo-ld-protocol-to-counter-delay-attacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia seizes $10M in Bitcoin from ex-official in bribery case
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet. Source: https://cointelegraph.com/news/russia-seizes-10-million-bitcoin-from-official-biggest-bribery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Casa Assists Customer in Recovering Funds After Losing Bitcoin Seed Phrase in Fire
Nick Neuman, CEO and co-founder of Casa, a Bitcoin self-custody services company, recently reported a case in which Casa helped a customer avoid losing funds due to a fire. On social media, Neuman stated that the Casa emergency line received a call from a customer who lost his seed phrase in the fire. Nonetheless, this […] Source: https://news.bitcoin.com/casa-assists-customer-in-recovering-funds-after-losing-bitcoin-seed-phrase-in-fire/
Web3 creator platform ‘Oh’ raises $4.5M for AI-based digital influencers
Some of Oh’s AI agents are already generating over $10,000 in monthly revenue, the platform’s CEO told Cointelegraph. Source: https://cointelegraph.com/news/web3-ai-creator-platform-4-5-m-autonomous-ai-agent-hype?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. Source: https://cointelegraph.com/news/filipino-banks-launch-phpx-stablecoin-hedera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
LBank Unveils Brand Evolution, Empowering Advanced Trading Experience
PRESS RELEASE. SINGAPORE, January 10, 2025 – LBank, a leading global cryptocurrency exchange, has announced a transformative brand evolution, signaling its unwavering commitment to fostering a vibrant and innovative MEME ecosystem. This upgrade extends to both the LBank website and mobile app, providing users with a refreshed experience tailored for intuitive navigation and seamless trading. […] Source: https://news.bitcoin.com/lbank-unveils-brand-evolution-empowering-advanced-trading-experience/