Wright denies forging documents as his former business partner’s lawyer pummels him over the whereabouts of a lost Bitcoin fortune. 

Craig Wright, the Australian computer scientist who claims to be the inventor of bitcoin, faced tough cross-examination during a U.S. District Court hearing in West Palm Beach, Florida, on June 28, where he claimed he couldn’t produce a list of early Bitcoin addresses holding an enormous, potentially multi-billion dollar fortune.  

The estate of Wright’s late business partner, Dave Kleiman, alleges that the addresses hold a $10 billion fortune, which it claims Wright stole. While both parties believe that Wright is the inventor of Bitcoin—indeed, their assertions depend on it—Wright’s deposition introduced a number of jarring details.

MetaMask's wallet comes to mobile

Nine long months of anticipation will soon come to an end for users of MetaMask, the primary gateway to the Ethereum blockchain.

MetaMask, backed by Ethereum incubator ConsenSys (which also funds Decrypt), announced on Tuesday that its mobile browser and crypto wallet combo is finally set for a public beta release on July 22. MetaMask Mobile will be available on both Android and iOS and promises to be more than “just another wallet.”

MetaMask isn’t alone in recognizing the importance of browser-wallets (browletts, if you will) for the future of Web3. Several other major companies in the crypto industry, such as Coinbase, Binance, and Brave, are developing their own versions. Just last week, the Norwegian software company Opera released its own crypto-ready mobile browseron iOS. And there’s a race developing that has led some to wonder whether the tech industry is in store for the second coming of the Browser Wars of Web1.

Here are the biggest stories in the cryptoverse:

• Singapore mulls dropping VAT on cryptocurrencies. 
• Vitalik Buterin criticizes Facebook over its abuse of power. 
• Mexico is building a blockchain-based vehicle registration scheme.
• Social network Taringa! launches its own stablecoin.

Venezuela plans to use state resources to distribute crypto wallets, inadvertently introducing them to the world of bitcoin.

What you need to know

The government of Venezuela will not let its petro cryptocurrency dreams die. 

And Venezuela’s embattled president, Nicolás Maduro, now has a new plan to get his state-backed crypto into the hands of his people: give it away to the nation’s youth. 

Why it's important

It’s a scheme that might actually work to spur adoption—but not necessarily the way Maduro intends. In a country with one of the most significant peer-to-peer BTC trading volumes in the world, even if young people in Venezuela ultimately reject the petro, the results of this experiment could be great for Bitcoin.

Bitcoin trolls turn trader into hodler

Bitcoin skeptic Peter Schiff receives $1,900 in BTC donations

Outspoken trader, Peter Schiff, who is pro-gold and anti-bitcoin, has been turned into a bitcoin hodler despite his best wishes. Yesterday, Anthony Pompliano, co-founder of Morgan Creek Digital, pointed out on Twitter that the trader, who has consistently slammed the cryptocurrency did in fact own Bitcoin. “Never listen to what they say, always watch what they do with their money!”

Even though Schiff has a net worth of $70 million–as a result of his role as CEO Euro Pacific Capital, an investment company–bitcoin maximalists and others decided to boost his holdings a bit more—but with bitcoin instead. In less than 24 hours, 0.17 bitcoin had been sent to the address he provided, worth $1,900.

Read the whole thing here.