Funko’s Disney NFTs, Sotheby’s auction Bitcoin Ordinals project, and more


Disney and Funko release trading card NFTs

Pop culture collectible manufacturer Funko has collaborated with Disney to launch nonfungible token (NFT) trading card packs, transforming their notable “Pop!” figurines into digital trading cards on the WAX blockchain. 

“Funko Pop!” collectibles are physical figures known for their compact size and bobbleheads. Many of these are sought after by collectors, with some figurines selling for up to $100,000 in the secondary market. 

The collectibles portray popular characters from franchises such as Marvel, Star Wars, DC Comics, and more. The toy manufacturer also releases iconic figures from pop culture, often wearing different attires and…

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NEW: $153 Million Bitcoin Investment in El Salvador’s Future, says Max Keiser

In a groundbreaking move, El Salvador, under President Nayib Bukele’s initiative and promoted by Bitcoin enthusiast Max Keiser, is set to gain $153 million in Bitcoin through a unique citizenship program. This scheme, “Adopting El Salvador Freedom,” enables high-net-worth individuals to acquire residency and a Salvadoran passport by donating $1 million in Bitcoin or USDT. With 153 applicants already, the program aims to transform the nation into a technological and financial hub. Despite Bukele’s focus on Bitcoin as the national currency, the inclusion of USDT in this program marks an intriguing deviation.

Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: report

The lawyer responsible for Sam Bankman-Fried’s criminal trial defense has admitted that the case was “almost impossible” to win from the outset.

In a one-on-one interview with Bloomberg, Stanford Law School professor David Mills recounts how Bankman-Fried’s reluctance to follow his recommendations, as well as the damning testimony of his former associates, had the FTX founder’s back against the ropes.

Related: Caroline Ellison wanted to step down but feared a bank run on FTX

“I thought it was almost impossible to win a case when three or four founders are all saying you did it,” Mills told the publication.

“Even if they’re all lying through their teeth, it’s really,… Read more on Cointelegraph

Bitrefill | A Bitcoin Lightning Marketplace

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Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

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NIST Vulnerability Database Classifies Ordinals as “Exploit”

The United States National Vulnerability Database (NVD) has raised alarm bells over Ordinals and BRC-20 tokens, linking them to a “vulnerability” in the Bitcoin code.

NIST National Vulnerability Database and Ordinals

According to the NVD notice, BRC-20 tokens exploit vulnerabilities in “certain versions of Bitcoin Core and Bitcoin Knots”, allowing them to bypass established size restrictions on additional information, known as “inscriptions.”

Source: NIST Website

The Ordinals protocol, as discussed by Bitcoin Core developer Luke Dashjr, facilitates the obfuscation of data by disguising it as code within BRC-20 tokens. NVD features a recent post by the developer on X,…

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Conio Coinbase Partnership| Bitcoin Adoption

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

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AI guidance for judges in England and Wales warns against risks

A group of four senior judges in the United Kingdom has issued judicial guidance for artificial intelligence (AI), which deals with the “responsible use” of AI in courts and tribunals. 

The guidance, published on Dec. 12, is directed toward magistrates, tribunal panel members and judges in England and Wales, and is intended to inform and warn court officials 

The guidance points out potentially useful instances of AI usage, primarily in administrative aspects such as summarizing texts, writing presentations and composing emails.

England’s second most senior judge, Sir Geoffrey Vos, said AI provides “great opportunities for the justice system, but because it’s so new we need to…

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Dubai awards conditional crypto license to climate-friendly Web3 firm

Dubai’s Virtual Assets Regulatory Authority (VARA) granted a conditional license to Enjinstarter’s AYA platform for offering crypto asset and investment services. 

On Dec. 11, the Dubai arm of Web3 launchpad and advisory firm Enjinstarter received a crypto license subject to fulfilling certain conditions before the commencement of services. After meeting all the requirements of the Dubai regulator VARA, the platform will be subject to regulatory re-verification and approval. The announcement read:

“The license remains non-operational until the company fully satisfies all remaining conditions and select localization requirements defined by VARA.”

Enjinstarter has not yet responded…

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Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K

Bitcoin (BTC) faces an uphill struggle to reignite its uptrend after its biggest one-day losses of 2023.

The largest cryptocurrency continues to claw back lost ground after falling to lows of $40,200 after the Dec. 10 weekly close, the latest data from Cointelegraph Markets Pro and TradingView shows.

BTC/USD 1-hour chart. Source: TradingView

With BTC price action taking a break from relentless gains — one which many argue was overdue — new key support and resistance levels are coming into play.

The coming days are already set to offer plenty of potential volatility triggers — United States macro data releases begin on Dec. 12, with the Federal Reserve interest rate decision and…

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Check Out the Top Crypto Gainers of the Day

  1. VeThor (VTHO): 58.1%
  2. Pangolin (PNG): 42.5%
  3. Mdex (MDX): 33.2%
  4. KuCoin (KCS): 31.5%
  5. Neutron (NTRN): 29.2%
  6. Milady Meme Coin (LADYS): 26.7%
  7. Clore.ai (CLORE): 26.2%
  8. Acala (ACA): 20.6%
  9. Celestia (TIA): 19.9%
  10. Injective (INJ): 17.3%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.