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Showing posts with the label bitcoin news

UK High Court Judge rules against Craig Wright over Bitcoin copyright claims

The UK High Court has delivered a damning verdict against Craig Wright, a controversial figure claiming to be the elusive creator of Bitcoin, Satoshi Nakamoto. Judge James Mellor, in a written judgment, asserted that Wright had lied “extensively and repeatedly” throughout the trial, further accusing him of presenting “fabricated” evidence to support his claims . COPA wins against Craig Wright Judge Mellor’s ruling serves as a culmination of a protracted legal battle that has spanned several years. The lawsuit, brought forth by the Crypto Open Patent Alliance (COPA), aimed to challenge Craig Wright’s assertions of ownership over the intellectual rights to Bitcoin’s code and whitepaper. Wright’s purported attempts to lay claim to these foundational aspects of the cryptocurrency ecosystem have been met with scepticism and legal resistance from various quarters. Wright’s litigious nature, characterized by nume...

Swissblock analysts predict a $76k Bitcoin price target as Bitcoin Dogs presale ends in eight days

Key takeaways Bitcoin set a new all-time high of $69,170 earlier this week and market experts expect it to rally higher. Bitcoin Dogs has raised more than $8 million so far and its presale will close in eight days. Bitcoin sets a new all-time high, targets $76k The cryptocurrency market has been extremely bullish this week, with Bitcoin setting a new all-time high price on Tuesday. BTC traded at $69,170 on Tuesday, setting a new all-time high for the first time since November 2021. BTC flash crashed to the $62k level after reaching a new all-time high on Tuesday but is slowly recovering.  At press time, the  price of Bitcoin stands at $65,864.60, up by more than 3% in the last 24 hours. Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.2 trillion mark for the first time in over two years. Despite setting a new all-time high, Swissblock analysts are confident that BTC’s quick break back above the $62,000 lev...

Crypto market gains momentum led by Bitcoin & RebelSatoshi despite Aurory Protocol security breach

In the fast-paced world of cryptocurrencies, Aurory, a gaming platform on the Solana blockchain, recently faced a significant security breach.  Meanwhile, the broader crypto market is gaining momentum, with Bitcoin and RebelSatoshi leading the charge. Let’s dive into these contrasting scenarios and see why they’re grabbing headlines. Aurory Protocol’s Security Breach Aurory, a notable gaming platform on the Solana blockchain, experienced a serious cyber attack. The platform’s AURY-USDC liquidity pool was hit hard, with approximately 80% of its assets compromised. This breach is a stark reminder of the security challenges that blockchain platforms face. The Aurory team, however, deserves credit for their quick response. They swiftly disabled the SyncSpace feature, a crucial move to halt further unauthorized transactions and protect the remaining funds and NFT assets. The attack was executed by exploiting vulnerabilities in the SyncSp...

Bitcoin tops $27k as Shiba Memu’s presales close in on the $3M mark

TL;DR Bitcoin has now crossed the $27k level after adding more than 2% to its value today. Shiba Memu’s presale is now closing in on the $3 million mark. The cryptocurrency market has been bullish today, with prices of most cryptocurrencies up by more than 2%. With the market in a bullish state in the last few days, Shiba Memu is also closing in on a new record as its presale now stands above $2.9 million. Bitcoin crosses the $27k mark Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well in recent days. It added more than 2% to its value over the past 24 hours as the rally continues. At press time, the  price of Bitcoin stands at $27,290, up by 2.6% so far today. Bitcoin’s positive performance has also seen the broader crypto market embark on a mini rally. The total cryptocurrency market cap now stands at $1.08 trillion, up by more than 2% in the last 24 hours.  What is Shiba Memu? With the...