Cryptocurrency prices mixed; Bitcoin trading at $39,000
Dogecoin down to 11.5 cents per coin, ethereum almost at $2,600
FOX Business Flash top headlines for March 11
Here are your FOX Business Flash top headlines for March 11.
Cryptocurrency was mixed early Monday morning as bitcoin and dogecoin were lower, but ethereum was higher.
VERDICT AGAINST SELF-PROCLAIMED BITCOIN INVENTOR BALLOONS TO $143 MLN
Bitcoin was trading at approximately $39,030, down 0.09%, while dogecoin was trading at approximately 11.5 cents per coin. Meanwhile, ethereum was trading at almost $2,600, up 0.66%, Coindesk reported.
Cryptocurrency was mixed early Monday morning as bitcoin and dogecoin were lower, but ethereum was higher. (REUTERS/Benoit Tessier/Illustration/File Photo / Reuters Photos)
Last week’s South Korean presidential election pitted conservative Yoon Suk-yeol, who promised to seize profits gained through illegitimate means, versusLee Jae-myung, who pledged to offer a framework for security token offerings (STO) and a national tokenization project that would allow for some sort of social dividend paid out by real estate speculators.
In other cryptocurrency news, self-proclaimed Bitcoin creator Craig Wright must pay another $43 million to a joint venture he co-created, adding to a $100 million verdict against him last year, a federal judge in West Palm Beach, Florida, ruled Wednesday.
A jury in December found that Wright unlawfully seized intellectual property belonging to the joint venture with late computer forensics researcher Dave Kleiman, W&K Info Defense Research. U.S. District Judge Beth Bloom awarded the additional $43 million in interest on damages W&K suffered from when he took control of the IP in 2013 until the court's final judgment.
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Wright had argued that W&K should only be entitled to interest measured from October 2021, when the IP's value was highest, through December.