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Pudgy Penguins lands in Pixelverse, Ether ETFs, and more: Hodler’s Digest, July 14-20

Pudgy Penguins lands in Pixelverse, Ether ETFs, and more: Hodler’s Digest, July 14-20

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Source: Coin Telegraph

Pudgy Penguins gets a character in Pixelverse’s mini-game, the influence of ETFs on ETH price, and Craig Wright admits he’s not Satoshi.

The face of the popular non-fungible token (NFT) collection Pudgy Penguins will be integrated as a character on Pixelverses 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 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 Kingdoms 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.

United States spot Ether exchange-traded funds (ETFs) will have a rough start but could have a bigger impact on the assets 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 assets price is that Ethers 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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Author: Editorial Staff