UK court grants appeal from Craig Wright in Bitcoin rights lawsuit
The decision reverses a prior ruling, allowing Craig Wright to appeal a lawsuit claiming copyright to the Bitcoin whitepaper and database. Go to Source Powered by WPeMatico
Developers
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48% fewer new crypto coders last year – developer report
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months. Go to Source Powered by WPeMatico
UK Law Commission report challenges Craig Wright’s suit against Bitcoin developers
A report published by the UK Law Commission bolsters Bitcoin core developers’ defense that they are not liable for 111,000 BTC taken by hackers. Go to Source Powered by WPeMatico
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation and the Calyx Institute. Go to Source Powered by WPeMatico
Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally. Ethereum Network Experiences Temporary Transaction Processing Issue The Ethereum blockchain was unable to … Read more
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated to two organizations. Former Coinbase … Read more
7,800 jobs at IBM could be replaced by AI within years, suggests CEO
Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period. Go to Source Powered by WPeMatico
Celo Foundation and Google Cloud partner to support sustainable Web3 startups
The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Google’s mobile development platform, Firebase. Go to Source Powered by WPeMatico
THORChain mainnet halted amid new vulnerability reports
THORChain has once again halted its network, taking action as a precautionary measure while verifying reports on a potential network vulnerability. Go to Source Powered by WPeMatico
Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation
With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s … Read more
