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Venture capital's ICO gambits left Bitcoin ecosystem underfunded - Adam Back

4.7.2023
Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors

FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme

24.6.2023
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without...

Dash Block Production Resumes After Disruption Amidst Miner Complaints

23.5.2023
After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed...

FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal

19.5.2023
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company

Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH

10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...

Bitcoin Transactions Without Internet? ZeroSync and Blockstream Make It Possible with Satellites in Space – Here's How

3.4.2023
Bitcoin infrastructure firm Blockstream has partnered with ZeroSync Association, a non-profit organization based in Switzerland, to broadcast Bitcoin zero-knowledge proofs via Blockstream’s satellite. Courtesy of this partnership, Bitcoin nodes will be able to sync from any location on earth...

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...

Blockstream Founder: Bitcoin Market Cap Can Reach $200 Trillion by 2032 – Here's Why

13.2.2023
The market capitalization of Bitcoin (BTC) could reach as much as $200 trillion over the next nine years, if the legendary bitcoiner Adam Back is to be believed. “Early this year I was curious of the claim ‘bitcoin 2x's per year on average’,” the early Bitcoin user and founder of Bitcoin...

Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain

4.2.2023
During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions...

It’s OK If A Game Wraps Up, They Don’t All Have To Be Fortnite

3.2.2023
Earlier today the developer behind co-op shooter Back 4 Blood--released in 2021 on console and PC—announced that, having released multiple updates and three expansions, it was moving on. And the reaction to this was mostly negative, with players calling the game dead and suggesting the team...

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them

31.1.2023
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way...

Ordinals protocol sparks debate over NFT's place in the Bitcoin ecosystem

30.1.2023
The community has been divided as to whether the NFT-like "digital artifacts" are the right fit for the Bitcoin ecosystem

7 people who could be Bitcoin creator Satoshi Nakamoto

24.1.2023
To this day, the exact identity of Satoshi Nakamoto remains a mystery

Tucker Carlson outlines wild theory to explain Bitcoin price rise: 'Maximum tin foil'

18.1.2023
Members of Crypto Twitter were quick to mock Tucker Carlson, who provided no supporting evidence to back his claims

Crypto Stories: Dr. Adam Back shares his life of hacks

16.12.2022
A cartoon version of Dr. Adam Back recounts stories of hacking coded doors at university and the inception of Hash Cash in the latest of Cointelegraph Crypto Stories

Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021

8.12.2022
The Bitcoin-focused development and infrastructure firm Blockstream is seeking fresh funds at a valuation that “may be below $1 billion,” or about 70% lower than its most recent funding round in 2021, according to a Bloomberg report. Blockstream’s valuation has likely been impacted by the collapse...

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

8.12.2022
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned...