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Ultimately, Bloom told the jurors that all evidence has been received, that they should rely on their collective memories and that they should refer to jury instructions, which state, “If you find for the Estate of David Kleiman and/or W&K on any of its claims, you must consider the matter of damages. Generally, you should award an amount of money that the preponderance of the evidence shows will fairly and adequately compensate the Estate of David Kleiman and/or W&K for its damages.”
That’s how people go bankrupt, of course. But it’s also a fair description of bitcoin’s ascendance from radical experiment to widely used technology. Recall, if you dare, that in March 2020 BTC was trading at about $5,000 per token and had been in the doldrums for years. Then COVID-19 lockdowns juiced boredom-driven day trading and increased interest in crypto, ultimately unleashing a string of transformational moments for Bitcoin It was in 2021 there was a big BTC buy by Tesla, integration into Twitter, high-profile legislative debates in the U.S., a record-setting stadium name deal and national adoption in El Salvador.
CoinDCX, India’s first crypto unicorn, plans to go for a listing, once regulations permit it do so, co-founder Neeraj Khandelwal said in an interview with Bloomberg Television on Monday.
Read more: Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure
This episode is sponsored by Nexo.io.
With non-fungible tokens (NFTs) continuing their rapid advance into mainstream cultural awareness, how much is FOMO (fear of missing out) and how much is real? This time Andreas M. Antonopoulos, Stephanie Murphy, Jonathan Mohan and Adam B. Levine discuss the evolving battle lines in the nascent world of triple-A gaming NFTs and whether these early announcements are a signal or just noise.
Later, the hosts explore the still-to-come moment when the behemoths of game publishing select which blockchain or blockchains will be their native NFT layer. Are we in for a repeat of the corporate adoption story? Or will big-budget games become a new differentiating factor, elevating their chosen partners to de-facto “incumbent” status?
Photo by Igor Karimov on Unsplash, modified by Speaking of Bitcoin
Shalem’s name was included – along with 17 others, including Hogeg’s – in an appendix to a document bearing the letterhead of the Israel police’s national fraud investigation unit. The page, reviewed by CoinDesk, was stamped Nov. 15 by Judge Erez Melamed of the Rishon Lezion Magistrate’s Court. It is not clear from the appendix what kind of document it was attached to. However, the date on the stamp is three days before Israeli police said they had arrested eight individuals, including Hogeg, on suspicion of money laundering, fraud and sexual assault.
Of the 50 hacked Google Cloud Platforms or GCPs, 86% of them were used for cryptocurrency mining, which typically consumes large amounts of computing resources and storage space, Google’s Cybersecurity Action Team wrote in the report. The remainder of the hacking activities included phishing scams and ransomware.
This episode is sponsored by NYDIG.
On the final part of his three-part miniseries “Gratitude for Bitcoin,” NLW is joined by Stillmark’s Alyse Killeen, a venture capitalist focused entirely on the bitcoin ecosystem. Alyse explains how remarkable it was that bitcoin was ready for nationwide adoption in El Salvador and gives a preview on what she thinks is coming to the network in 2022.
Find Alyse Killeen on Twitter: @AlyseKilleen
See also: Bitcoin, the Evolving Organism
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Iryna Ustenko/iStock/Getty Images Plus, modified by CoinDesk.
Updated Nov 26, 2021 at 8:12 p.m. UTC
El presidente de El Salvador, Nayib Bukele (Archivo de CoinDesk)
The government of El Salvador bought 100 more bitcoin, President Bukele tweeted on Friday, while the price of the largest crypto currency by market-cap fell near $54,000.
