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Sony launches controversial blockchain

Welcome to The Protocol, CoinDesk’s weekly roundup of the most important stories in cryptocurrency technology development. I’m Ben Schiller, CoinDesk Opinions and Features Editor. In this issue: Sony blockchain faces memecoin controversy Bubblemaps prepares the BMT and the new Intel desktop Babylon Improves Bitcoin Interoperability Prosecutors seek return of 95,000 BTC Bitfinex This article is

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Ripple token hits 7-year high above $3 as Bitcoin (BTC) surpasses $100,000

XRP, the native token of the XRP Ledger network closely linked to Ripple, hit a six-year high on Wednesday as bitcoin (BTC) hit $100,000, with traders encouraged by the highly anticipated global inflation report. US CPI this morning. The token briefly rose above $3 early in the US trading session for the first time since

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Eight US blockchain lobby groups unite ahead of Trump’s pro-crypto regime

With just days until the second inauguration of US President-elect Donald Trump, crypto policy groups are preparing to shift into high gear. Blockchain associations from eight U.S. states announced Tuesday the creation of the North American Blockchain Association (NABA), an organization aimed at providing consistent crypto policy recommendations to the federal government. “A few years

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Bitcoin and XRP lead the bear slaughter by PK Press Club

PK Press Club – The United States reported a higher-than-expected Consumer Price Index (CPI) for December, showing a monthly increase of 0.4% after seasonal adjustment, beating the forecast of 0.3%. The annual CPI rate rose to 2.9%, the highest since July 2024, marking its third consecutive monthly increase. Markets, both traditional and cryptocurrency markets, welcomed

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US prosecutors ask court for green light for return of 95,000 Bitcoins stolen from Bitfinex

US prosecutors have asked a federal judge to allow the return of nearly 80% of the 119,754 bitcoins stolen in the 2016 hack of crypto exchange Bitfinex. In a court filing filed Tuesday, prosecutors said the 94,643 bitcoins recovered by the government from the original wallet used by the hacker, Ilya Lichtenstein, could be paid

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How to ensure true decentralization for security and censorship resistance

Decentralization is the foundation of blockchain technology, promising a more resilient and censorship-resistant alternative to centralized systems. But are the industry’s leading protocols as decentralized as they claim? Decentralization can be measured across several dimensions. At first glance, the number of entities participating in a network’s block validation or mining process is one of the

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