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rises for third day in a row to $99.5k after soft US inflation by Pakinomist

Pakinomist– Bitcoin extended its rally for a third straight session on Thursday, hovering near the critical $100,000 level supported by broad market optimism following softer US inflation data. rose 2.5% to $99,478.4 at 01:12 ET (0612 GMT). The token has rallied strongly this week, rising to a session high of $100,499.8 on Wednesday, but gave […]

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Ambani Led Jio Platforms Teams Up With Polygon To Bring Web3 Capabilities To Over 450 Million Users

Indian telecom and technology company Jio Platforms (JPL) is taking significant steps to improve the digital experience for its more than 450 million users. Jio Platforms is a wholly owned subsidiary of energy giant Reliance Industries. Reliance is headed by one of Asia’s richest men, Mukesh Ambani, and his family. Jio has partnered with Polygon

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US prosecutors ask court to give green light to return 95,000 stolen Bitcoin to Bitfinex

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

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How to ensure true decentralization for security and censorship resistance

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

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Litecoin rises 11% as investors gain confidence in Pakinomist

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

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Sony Launches Blockchain to Controversy

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

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Eight US Blockchain lobby groups unite in front of Trump’s crypto-friendly regime

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

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Ripple Token Hits 7-Year High Above $3 As Bitcoin (BTC) Tops $100K

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

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Bitcoin and XRP Lead Bear Massacre by Pakinomist

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

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