What the Foreshadow Flaw Means for the Future of Cryptocurrency
A new security flaw doesn’t bode well for experimental cryptocurrency projects looking to use trusted hardware in the near future.
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Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent
Canada-based natural gas bitcoin (BTC) miner Upstream Data has sued peer Crusoe Energy over patent infringement, according to court filings.The lawsuit claims that Crusoe's technology infringes on Upstream Data founder Stephen Barbour's patent, and that Crusoe developed that technology in full knowledge of this. The Canadian miner is suing for damages and is asking the…

The SEC Takes on Dealer Definitions
The U.S. Securities and Exchange Commission published a new definition for securities dealers, capturing crypto.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.A dealer by any other nameThe narrativeThe U.S. Securities and Exchange Commission has put the crypto industry on

Bitcoin Surges to All-Time Highs in Turkey and Nigeria
Declining national fiat currencies and a generally unstable economy have helped propel bitcoin (BTC) to all-time high prices in Turkey and Nigeria, despite the asset trading 50% below its peak in the U.S. dollar terms.Recent price surges have caused bitcoin to cross price peaks against the Turkish lira and the Nigerian naira, data shows. As

Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India
"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.Feb 12, 2021 at 10:11 a.m. UTCJack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and IndiaTwitter CEO Jack Dorsey announced Friday that he will partner with rapper Jay-Z and donate 500 bitcoin (currently worth about $23.6 million) to…

IBM Blockchain App Promotes ‘Virtuous Cycle’ for Sustainable Coffee
IBM is launching a new app that uses blockchain to allow consumers interested in sustainability to trace the coffee they buy along the supply chain.IBM said its new "Thank My Farmer" app will allow consumers to track their morning joe from the store where they buy it back to the farm where it was grown.…

First Mover Asia: Chilly DOGE, While Bitcoin Simmers Over $28.6K
Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.James Rubin is CoinDesk's U.S. news editor based on the West Coast.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share…

Craig Wright Again Claims Authorship of Bitcoin White Paper
news Craig Wright, the Australian entrepreneur who controversially says he’s bitcoin’s anonymous inventor Satoshi Nakamoto, has made another attempt to cement that claim in the public domain. On Thursday, Wright posted the bitcoin white paper on the scientific journal hosting site, SSRN, citing himself as the author on Aug. 21, 2008. The SSRN (formerly the…

First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,857.87 +0.73% Bitcoin (BTC): $59.022 +0.84% Ether (ETH): $2,506 −0.53% Nikkei 225: 38,686.31 −0.04% Top Stories Bitcoin rose above $59,000