Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Trial Continues

Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination continued.Source

Tether and Circle Stablecoin Purchases Dominate in Argentina

Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.Source

FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.Source

The FTX Hack: The Unsolved SIM Swap Mystery

New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.Source

Bitcoin Pushes Through $50K for First Time Since Late 2021

The world’s largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry’s long bear market.Source

Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase

Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.Source

Bitcoin Tops $49K as Spot ETF Inflows Accelerate

Bitcoin price approaches $49,000 Monday after strong spot bitcoin ETF inflows last week.Source

Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)

Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier.Source

First Mover Americas: Bitcoin Hovers Below $48K; Immutable X Soars

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Solana’s Second Phone Crosses 100,000 Presales, Securing $45M for Development

Solana Mobile’s “chapter 2” smartphone could ship in early 2025.Source