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High-profile investor accidentally gives away NFT collection

Proof Collective co-founder Kevin Rose is the latest high-profile NFT investor to fall victim to a “social engineering” attack. On Wednesday, he signed a single transaction that triggered the sale of the majority of his collection for free. Rose is a well-known tech investor. Before entering the world of NFTs, he co-founded Digg, had a stint...

Bitcoin is the decade’s top asset but $100k is still a long way off

A recent report by Goldman Sachs, naming bitcoin as the best-performing asset of the year so far has bitcoiners once again dreaming the $100K dream. This isn’t the first time that bitcoin has outperformed other assets. Indeed, there have even been reports that have tagged it as one of the best-performing of the last decade. But what are the...

What is Nostr and why do Bitcoiners love it?

Bitcoin maximalist Jack Dorsey significantly contributed to the popularity of social media platform Nostr overnight on December 14, when he chose to tweet about it. Thousands of Bitcoiners joined the platform thanks to his publicity of the platform, which promises to be a credible decentralized social site that could displace Twitter. His...

Opinion: Charles Hoskinson would be the worst thing to happen to CoinDesk

Cardano founder Charles Hoskinson recently went live on Twitter to discuss the bankruptcy of crypto exchange Genesis and how parent company Digital Currency Group may sell its media arm, CoinDesk. His expressed interest in buying the company has journalists nauseous. Hoskinson hadn’t “seen any books or financials,” but estimated it would...

Sentiment turns from bear to bull for Bitcoin miners in 2023

In the late 2022 depths of the bear market, sentiment for bitcoin miners was abysmal. Rig operators were suffering. Profits had evaporated. Equity valuations cratered. Respondents in various Twitter polls predicted that fewer than half of bitcoin miners would survive. Indeed, Core Scientific became the first publicly-traded bitcoin miner...

Coinbase disagrees with almost $4M fine from Dutch central bank

Dutch central bank De Nederlandsche Bank (DNB) has announced a €3,325,000 ($3.6 million) fine imposed on crypto exchange Coinbase for operating unregistered in the Netherlands for two years, resulting in what the DNB called “very severe” non-compliance with the law. A Coinbase spokesperson told Decrypt the company disagreed with the fine...

Far-right Arizona politician Wendy Rogers proposes bitcoin as legal tender

Far-right extremist Senator Wendy Rogers has introduced a bill into the Arizona State Senate to add bitcoin as “legal tender” for Arizona. Critics of previous proposals, such as assistant professor at Williamette University Rohan Grey, have pointed out that the declaration of bitcoin as legal tender potentially violates constitutional limitations...

Doctor offered bitcoin to have wife drugged, colleague beaten up

Washington-based doctor Ronald Craig Ilg has been sentenced to eight years in prison after he tried to get a bitcoin-for-hire hitman to kidnap his estranged wife and break the hands of a former colleague.   Neonatologist Ilg was willing to pay $2,000 in bitcoin via the dark web to have a fellow doctor “given a significant beating.” He also specified...

Unredacted document shows $1.2B in BlockFi assets linked to SBF

Bankrupt lender BlockFi was revealed to have more than $1 billion in assets linked to FTX and Alameda Research when a creditor committee accidentally published unredacted financial records. As reported by CNBC, the hastily-unpublished documents showed that the company, which filed for Chapter 11 bankruptcy protection in November, has just...

Arbitrum and Optimism: Two protocols control 80% of all Ethereum Layer 2 TVL

Ethereum’s leading Layer 2 protocols, Arbitrum and Optimism, surged in popularity in 2022. Combined, Arbitrum and Optimism account for four-fifths of all value locked across Ethereum’s Layer 2s. On January 12, these two protocols surpassed Ethereum’s daily transactions — showcasing their scaling potential. Optimism alone processed 800,000...

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