Top Stories This Week
Pixelverse to put Pudgy Penguin character on Telegram mini game
The face of the popular non-fungible token (NFT) collection Pudgy Penguins will be integrated as a character on Pixelverse’s mini-game on Telegram. On July 16, Pixelverse announced that it would introduce the Pudgy Penguins character “Pudgy” into the game, joining other crypto favorites such as Doge from the Dogecoin memecoin and Mew, a character that represents a Solana memecoin. The integration allows players to play the character in the Pixelverse game. A standalone Pudgy Penguins mobile game is slated for release sometime in 2025. While the NFT market is down, some experts argued that the space is experiencing a correction cycle.
Craig Wright admits he’s not Satoshi, issues disclaimer on his website
Craig Wright issued a legal disclaimer on the home page of his website on July 16, emphatically stating that he is not the pseudonymous creator of Bitcoin, Satoshi Nakamoto. The disclaimer cited the recent ruling from the United Kingdom’s High Court of Justice and directed website traffic to the summary of the findings presented by the Crypto Open Patent Alliance. The disclaimer admits that Wright was not the author of the Bitcoin white paper and concedes that the computer scientist does not hold a copyright to the technology outlined in the white paper.
Ethereum ETFs will have a bigger impact on ETH price: Bitwise
United States spot Ether exchange-traded funds (ETFs) will have a rough start but could have a bigger impact on the asset’s price than Bitcoin ETFs did for BTC, according to Bitwise chief investment officer Matt Hougan. According to Hougan, one reason Ether ETFs will have a bigger impact on the asset’s price is that Ether’s inflation rate effectively amounts to zero, given the widespread usage of Ethereum-based applications compared to the “small amount of ETH” created daily.
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