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All articles tagged with #cryptocurrencytechnology

cryptocurrencytechnology1 year ago

"COPA Accuses Craig Wright of Massive Lies About Creating Bitcoin, UK Judge Agrees"

The Crypto Open Patent Alliance (COPA), backed by Jack Dorsey, has won a UK court ruling stating that Craig Wright, who claimed to be Bitcoin's creator, Satoshi Nakamoto, "lied on an extraordinary scale" and is not the author of the Bitcoin white paper or the creator of Bitcoin technology. COPA accused Wright of forging documents and using the courts for fraud. The alliance aims to remove patents as a barrier to cryptocurrency innovation. This ruling comes after Wright previously sued Bitcoin Core developers and companies for copyright violations, prompting the Bitcoin Legal Defense Fund to speak out against abusive lawsuits in the Bitcoin community.

via Fortune|
#bitcoin#copa#craig-wright
cryptocurrencytechnology1 year ago

High Court Rules Australian Computer Scientist Not Bitcoin Creator Satoshi Nakamoto

The high court in London has ruled that Australian computer scientist Craig Wright is not the pseudonymous creator of bitcoin, Satoshi Nakamoto, ending a two-month trial. The judge concluded that the evidence overwhelmingly showed Wright was not the author of the bitcoin white paper, did not operate under the pseudonym Satoshi Nakamoto, did not create the bitcoin system, and was not the author of the initial versions of the bitcoin software. Wright was sued by the Crypto Open Patent Alliance, which accused him of fabricating evidence. The court's ruling is seen as a win for the open source community and ends years of Wright's claims about being Nakamoto.

via The Guardian|
#bitcoin#craig-wright#crypto-open-patent-alliance
cryptocurrencytechnology1 year ago

UK Judge Rules Craig Wright is Not Bitcoin Creator Satoshi Nakamoto

The UK High Court has ruled that Craig Wright is not the creator of Bitcoin, Satoshi Nakamoto, after a six-week trial. The judge declared that Wright had lied and fabricated evidence, and the Crypto Open Patent Alliance sought an injunction to prevent him from claiming to be Satoshi Nakamoto in the future. The court will publish a formal judgment detailing the relief Wright will be required to submit to, and there is a possibility that the matter of forgery may be referred to the UK criminal courts.

via WIRED|
#bitcoin#craig-wright#crypto-open-patent-alliance
cryptocurrencytechnology1 year ago

"Dencun: Ethereum's Game-Changing Upgrade for Cheaper DeFi"

Ethereum's upcoming upgrade, known as "Dencun," is set to bring significant changes to the network, including improvements in scalability, security, and sustainability. Investors should take note of the potential impact on Ethereum's performance and the broader cryptocurrency market as the upgrade aims to address key issues and enhance the platform's capabilities.

via CNBC|
#blockchain#cryptocurrency#cryptocurrencytechnology
cryptocurrencytechnology1 year ago

Coinbase Outage Resolved: Users Report Improving Trading Accounts

Coinbase Global experienced an outage that caused some users to see zero balances in their accounts and errors in buying or selling, but the company stated that customer funds were safe and that improvements in customer trading were beginning to be seen. The outage occurred as bitcoin hit $60,000 for the first time in over two years, with a surge in traffic causing issues for users. CEO Brian Armstrong attributed the problem to a large surge in traffic, and user reports of issues peaked at over 9,000.

via Reuters|
#bitcoin#coinbase#cryptocurrency
cryptocurrencytechnology1 year ago

Coinbase Glitch Wipes Out Balances Amid Bitcoin Surge

Coinbase users experienced $0 account balances amid a significant bitcoin rally, prompting the exchange to investigate the issue. The problem occurred as bitcoin surged past $60,000 before quickly dropping back down, with its all-time high within reach. Other exchanges like Kraken did not report similar technical problems. This outage is not the first for Coinbase, as previous incidents have occurred during periods of heavy trading and price volatility.

via CoinDesk|
#bitcoin#coinbase#cryptocurrency
cryptocurrencytechnology1 year ago

"Satoshi Nakamoto's Insights on Bitcoin Supply, Energy Debate, and Investment Warning"

Emails purportedly from Bitcoin creator Satoshi Nakamoto reveal that the decision to cap Bitcoin's supply at 21 million tokens was a deliberate choice to align pricing dynamics with established currencies and ensure scalability for a worldwide currency system. The correspondence also delves into Bitcoin's portrayal as an investment, concerns about energy consumption, and anonymity, offering valuable insights into its early development and foundational principles.

via BeInCrypto|
#bitcoin#cryptocurrency#cryptocurrencytechnology
cryptocurrencytechnology1 year ago

"Satoshi Nakamoto Revelations: Unveiled Emails, Trial Confessions, and Crypto Predictions"

Unseen emails between Adam Back and Satoshi Nakamoto have been revealed in the ongoing trial between COPA and Craig Wright, who claims to be Nakamoto. The emails, dating back to August 2008, shed light on the technical underpinnings of Bitcoin and challenge Wright's claims of inspiration from B-money. The trial is seen as pivotal for Bitcoin's future, with COPA aiming to keep BTC's foundational documents in the public domain to ensure open and collaborative development within the digital currency ecosystem.

via Bitcoinist|
#bitcoin#copa#craig-wright
cryptocurrencytechnology1 year ago

"OpenAI's Text-to-Video Model Sparks Rally in AI-Related Crypto Assets"

OpenAI launches Sora, a text-to-video AI model, causing a surge in AI-related crypto assets Livepeer (LPT) and SingularityNET (AGIX). Both assets have since retraced but are trading higher. Livepeer aims to integrate text-to-video technology into its network as part of its AI Video initiative in the coming months, providing affordable and open access to developers and creators.

via The Daily Hodl|
#ai#crypto-assets#cryptocurrencytechnology
cryptocurrencytechnology1 year ago

"Craig Wright's Trial: The Battle Over Bitcoin's Creator"

Australian computer scientist Craig Wright is claiming in a UK trial that he is the mysterious creator of Bitcoin, known as "Satoshi Nakamoto," but is being challenged by the Crypto Open Patent Alliance. The organization accuses Wright of fabricating evidence and seeks to oppose his attempts to gain control of Bitcoin's intellectual property rights. Despite Wright's claims, critics point to a lack of hard evidence and inconsistencies in his documents, as well as his refusal to publicly move a token amount of Bitcoin to prove his claims. The trial is ongoing, with a judge expected to make a final ruling at a later date.

via Fox Business|
#bitcoin#craig-wright#crypto-open-patent-alliance
cryptocurrencytechnology1 year ago

"Craig Wright's Denial of Bitcoin Forgery Claims Takes Center Stage in COPA Trial"

Craig Wright denies forging evidence to prove he is Satoshi Nakamoto on the second day of the COPA trial, claiming that inconsistencies in documents actually prove their authenticity. He faces cross-examination and accusations of industrial-scale forgery from an alliance of crypto advocates and developers. Wright attributes inconsistencies to self-plagiarizing, printing errors, and other factors, while facing scrutiny over evidence including credit card payments, emails, and tweets. The trial is ongoing, with Wright's interrogation scheduled to continue until at least Feb. 13.

via CoinDesk|
#copa-trial#craig-wright#cryptocurrency
cryptocurrencytechnology1 year ago

"Craig Wright's Denial and the Search for Bitcoin's True Creator"

Australian computer scientist Craig Wright is testifying in a London court, claiming to be the mysterious creator of bitcoin, known as Satoshi Nakamoto. A nonprofit group is challenging his assertion, alleging that his claim is based on forgery and false narratives. The trial will determine not only the bragging rights to the creation but also the control of intellectual property rights. Wright's claim has led to litigation against developers, and the ruling will impact pending lawsuits. Despite skepticism in the cryptocurrency community, Wright has won court cases and testified to owning a significant amount of bitcoin. The trial is ongoing, with intense scrutiny over the authenticity of documents supporting Wright's claims.

via The Associated Press|
#bitcoin#craig-wright#cryptocurrency
cryptocurrencytechnology1 year ago

"Craig Wright's Trial Exposes Alleged Forgeries and Brazen Lies in Bitcoin Creator Claim"

The trial to determine Craig Wright's claim to be Bitcoin creator Satoshi Nakamoto has begun in a U.K. court, with the Crypto Open Patent Alliance (COPA) alleging that Wright forged his proof. Wright maintains his identity as Satoshi and has legally pursued members of the crypto community for copyright violations. The trial will continue with Wright's testimony and cross-examination, as COPA seeks to prove that he is not the true creator of Bitcoin.

via CoinDesk|
#bitcoin#copa#craig-wright
cryptocurrencytechnology1 year ago

"Craig Wright's Legal Battle to Prove Himself as Bitcoin's Creator"

The UK High Court is set to determine if Craig Wright, an Australian computer scientist, is the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Wright has been claiming to be Satoshi since 2016 without providing evidence, and the trial could impact his ongoing legal disputes. Despite extending a settlement offer, the Crypto Open Patent Alliance (COPA) rejected it, citing concerns about Wright's alleged forgeries and the need for better substantiation of his Satoshi claim. The trial is expected to last at least four weeks.

via Forbes|
#bitcoin#craig-wright#crypto-open-patent-alliance
cryptocurrencytechnology2 years ago

"AI Token Surge: Musk's X Corp Unveils xAI Shareholding, Investors to Own Quarter of xAI"

AI-focused tokens experienced a surge in value as Elon Musk announced that shareholders of X Corp would have a 25% stake in the new AI venture xAI. The news, along with reports of Sam Altman possibly returning to the board of OpenAI, bolstered bullish sentiment for the AI token sector. Bittensor's TAO rose 4.2%, while Ocean Protocol's OCEAN, Fetch AI's FET, and SingularityNet's AGIX saw gains of up to 16% in the past 24 hours. AI tokens have gained traction as traders anticipate a potential bull run in the coming years, similar to the gaming and DeFi token boom of the previous market cycle.

via CoinDesk|
#ai-tokens#bull-run#cryptocurrencytechnology