25.06.2021

Join Us in Tokyo for a CoinDesk On Tap Event

We haven’t chosen the official location yet but open to suggestions for venues. Please fill out recommendation form. In addition to the meet up we are interviewing locals making an impact in the region please include your vote in the form.

CoinDesk will be visiting Tokyo in two weeks and we’d love to meet some of our readers for an informal gathering on Monday, October 14 at 6pm.

Because this isn’t sponsored – we simply want to meet you guys – we’re happy to pick up a few beers and a little food for the group.

Anyone can and should attend and we’d love to talk about your work in crypto, your startups, and your ideas. We also need some venue recommendations and recommendations for people to interview so please fill out this form if you’d like to chat on video about the Japanese ecosystem.

If you have any questions or concerns you can email dasha@coindesk.com or ping her @dariasukovatitsyn on Telegram. Anyone can and should attend and we’d love to talk about your work in crypto, your startups, and your ideas.

Judge Recommends Ruling in Favor of Kleiman in Craig Wright Case

Craig Wright must turn over half of his bitcoin holdings and intellectual property to the estate of Dave Kleiman, a judge ruled Monday. The ruling applies to holdings and IP from before 2014.

Magistrate Judge Bruce Reinhart recommended that plaintiffs be awarded 50 percent of the bitcoin that Wright held prior to Dec. 31, 2013, as well as 50 percent of the intellectual property that Wright owned prior to Dec. 31, 2013, according to an individual familiar with the case.

Wright will also not be entitled to a jury trial and cannot oppose the order though he can appeal, the source said.

The case began in 2018, when Kleiman – the brother of Wright’s late business partner Dave Kleiman – sued for $10 billion, alleging that Wright was trying to seize Dave’s bitcoin holdings.

Kleiman was represented by Kyle Roche and Velvel Freedman of Roche Freedman LLP, while Wright was represented by Rivero Mestre LLP.

The case is not over yet. There are still procedural issues, including collection, that need to be hammered out. However, the substantive issues have been decided and this points to an end of a potentially lengthy trial.

According to the source, while Judge Reinhart did not find Wright to be credible, he did not make a finding on whether or not Wright was Satoshi Nakamoto, bitcoin’s creator.

Reinhart’s order will have to be adopted by the District Judge, Beth Bloom, before becoming final. This also assumes that Wright’s attorneys do not file any exceptions or objections.

Kevin Owocki on Gitcoin, Controversy and the Future of Open Source Funding

The founder of one of crypto’s most buzzed-about projects discusses the origins of Gitcoin, controversy and why open source funding needs to evolve.

Ever since announcing its fourth round of grants, Gitcoin has been a major subject of conversation across the Twittersphere. In addition to all the excited buzz from both technical projects and media creators vying for grants matched based on E. Glen Weyl and Vitalik Buterin’s quadratic funding model, there has been controversy. Some of that controversy has been from outside the Ethereum community, pointing to Consensys and Ethereum Foundation support as an example of centralization. Some of the controversy has come from within, as debates rage about what is or isn’t an acceptable use of “public” resources.

No matter what one’s position, it’s hard to deny Gitcoin is one of the most interesting experiments in open source funding to date. Listen as @nlw asks the projects founder Kevin Owocki about the history of the project, the controversy, and what makes this round of grants such a big jump forward.

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