Business

US prosecutors have asked a federal judge to greenlight the return of nearly 80% of the 119,754 bitcoins stolen in the 2016 hack of crypto exchange Bitfinex. In a court filing Tuesday, prosecutors said the 94,643 bitcoins the government recovered from the original wallet used by the hacker, Ilya Lichtenstein, can be paid to Bitfinex […]

Pakinomist – EOS traded at $0.8748 at 18:47 (23:47 GMT) on the Pakinomist index on Wednesday, up 10.07% on the day. That was the biggest one-day percentage increase since January 15. The upward move pushed EOS’s market cap up to $1.3428B, or 0.04% of the total cryptocurrency market cap. At its peak, EOS’ market cap

Decentralization is the foundation of blockchain technology, promising a more robust and censorship-resistant alternative to centralized systems. But are industry-leading protocols as decentralized as they claim to be? Decentralization can be measured across several dimensions. At first glance, the number of devices participating in the validation or block mining process of a network is one

Pakinomist – Litecoin traded at $113,876 at 17:56 (22:56 GMT) on the Pakinomist index on Wednesday, up 11.09% on the day. That was the biggest one-day percentage increase since January 15. The upward move pushed Litecoin’s market cap up to $8,000B, or 0.23% of the total cryptocurrency market cap. At its peak, Litecoin’s market cap

Welcome to The Protocol, CoinDesk’s weekly roundup of the top stories in cryptocurrency technology development. I’m Ben Schiller, CoinDesk’s opinion and features editor. In this issue: Sony’s blockchain faces memecoin controversy Bubblemaps prepares BMT and new intel desktop Babylon improves Bitcoin interoperability Prosecutors seek 95k BTC Bitfinex return This article is featured in the latest

With just a handful of days left until the second inauguration of US President Donald Trump, crypto political groups are ready to kick things into high gear. Blockchain associations from eight US states announced on Tuesday the creation of the North American Blockchain Association (NABA), an organization that aims to provide coherent crypto policy recommendations

XRP, the native token of the XRP Ledger network closely linked to Ripple, surged to a six-year high on Wednesday as bitcoin (BTC) rose to $100,000, with traders encouraged by this morning’s much-anticipated US CPI inflation data report. The token briefly topped $3 during the early US trading session for the first time since early

Pakinomist – The US reported a higher-than-expected consumer price index (CPI) for December, showing a seasonally adjusted 0.4% month-on-month increase, beating the 0.3% forecast. The annual CPI rate rose to 2.9%, the highest since July 2024, marking its third consecutive monthly increase. The markets, both traditional and cryptocurrency, embraced the news with positivity. And what

The UK government has appointed Emma Reynolds as the new economic secretary responsible for overseeing digital assets and central bank digital currencies – alongside the wider financial sector. The appointment was announced on Tuesday following the resignation of Tulip Siddiq, who set the government’s crypto agenda weeks ago. It is not yet clear what the

The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Since MicroStrategy (MSTR) became a bitcoin tax company in August 2020, it has used three primary instruments to acquire bitcoin (BTC): cash on hand, at-the-market (ATM) offerings, and convertible bond offerings. MicroStrategy’s next method of raising capital is to buy bitcoin through perpetual preferred