Marc Hochstein

Dec 19, 2024 | coindesk.com | Marc Hochstein |Nikhilesh De

Ilya Lichtenstein, who pled guilty last year to charges related to the 2016 theft of 120,000 bitcoin from Bitfinex, has made his first public statement since his 2022 arrest. In a five-minute video posted to X (formerly Twitter) on Thursday, Lichtenstein reiterated that he was the hacker and that he acted alone, denying speculation in a Netflix documentary that his father (or, perhaps, some spy agency, maybe Russia's) might have been involved in the theft.

Dec 10, 2024 | coindesk.com | Danny Nelson |Marc Hochstein

Early traders of NFT marketplace Magic Eden's new token ME had a lot to be thankful for – if they could access their airdrops, that is. In the first minutes of trading Tuesday, the token's fully diluted valuation hit $15 billion. But as more claimants managed to process their airdrops – and in some lucky cases, sell – that valuation began to crater. It eventually settled at an FDV around $5 billion.

Dec 10, 2024 | coindesk.com | Sam Kessler |Marc Hochstein

For a crypto founder who's attracted so much controversy, Sreeram Kannan is surprisingly sanguine. Story continues belowDon't miss another story.Subscribe to the The Protocol Newsletter today.See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

Dec 9, 2024 | coindesk.com | Jamie Crawley |Aoyon Ashraf |Marc Hochstein

Bitcoin inscriptions project OrdinalsBot has minted what it says is the largest file ever on the oldest and most valuable blockchain: the last in a collection of 1,500 "Pizza Ninjas."It's part of a phenomenon in the Bitcoin development community known as "four meggers," which are files that take up an entire block on the network.

Dec 4, 2024 | coindesk.com | Margaux Nijkerk |Marc Hochstein

Ethereum developer Justin Drake said his comprehensive proposal to overhaul the second-largest blockchain's consensus layer isn't about catching up with a rival, it's about sticking around for the long haul. Drake unveiled the proposal, known as the Beam Chain, at Ethereum's biennial Devcon gathering in Bangkok last month, at a time when the network's native token ETH is lagging behind its counterparts at other major layer-1 blockchains.