Worldcoin launch raises eyebrows as WLD price notches a double-digit gain
Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.
Posts published on July 24, 2023 go to media archive 2/4
Russian Introduces A Third Form Of Currency As Putin Signs Digital Ruble Into Law
Russia is progressing with its central bank digital currency (CBDC). President Vladimir Putin has endorsed the digital ruble bill, signing it into law on July 24. As a result of this approval, the digital ruble law is officially set to take effect…
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S…
Two more crypto bills in the US: Law Decoded, July 17–24
Last week was marked by two new legislative initiatives for the crypto industry in the United States.
3 reasons why Maker (MKR) fundamentals hint at further price upside
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
Twitter vs. Threads: Users are the real losers
The world’s eyes turned in excitement to the battle between Elon Musk's Twitter and Mark Zuckerberg's Threads, but users emerged as the real losers.
US GAO says lack of interagency cooperation needs to be addressed in crypto regulation
In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together.
Elon Musk Incorporates Dogecoin Symbol In Twitter Bio, Triggering 5% Increase In Price
Elon Musk is, once again, showing his support for Dogecoin in a subtle but meaningful way. Twitter, one of the biggest social media companies now under the leadership of Musk, recently changed its logo from the infamous ‘blue bird’ to a seemingly…
Proposed gag order in SBF's criminal case under review, citing attempt to 'influence public opinion'
The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial.
Binance Announces Listing Of Sam Altman’s Worldcoin, Opens Deposits
Binance, the world’s largest cryptocurrency exchange, has now listed Worldcoin (WLD), the much-anticipated digital asset founded by Sam Altman, the CEO of OpenAI. This listing has garnered immense attention from the global crypto community…
Price analysis 7/24: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, MATIC
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
New research shows how brain-like computers could revolutionize blockchain and AI
A CMOS-compatible neuromorphic computing chip could be on the horizon thanks to breakthrough research out of Technische Universität Dresden.
Ethereum Whale Transfers To Exchanges Suggest More Selling Pressure For ETH
Currently, the crypto market is under fire from bears, and coins like Ethereum (ETH) are already starting to feel the heat. Amid the struggle to recover, there have been massive inflows of ETH into centralized exchanges, which could spell further…
Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis
Putin Signs Digital Ruble Law Making a CBDC Possible in Russia
The new law describes a legal framework for a central bank digital token
Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
BCH Ecosystem Fund Bolsters Cashtokens Ecosystem With $20 Million Investment
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The…
Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets.
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn't as Scary as I Expected
Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.
Why is XRP price down today?
XRP price is down today like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
Bittrex To US Users: Withdraw Your Crypto Or Risk Running Into Issues
Bittrex Inc., the US arm of the crypto exchange Bittrex Global, has sent a reminder email to its users on the need to withdraw their funds “as soon as possible.” Although the deadline for withdrawal of funds remains August 31, the crypto exchange…
Inside the Orb: The Untold Story of Worldcoin’s Launch
Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.
Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Biggest Movers: DOGE Surges as Elon Musk Launches X
Dogecoin was one of Monday’s notable gainers, climbing by as much as 5%, following the news that Elon Musk was rebranding Twitter to X. Speculators believe the new platform will allow users to make crypto payments. XRP, on the other hand…
Chainlink (LINK) Holds Above 14% Gains As Crypto Market Slumps Heavily
Following a correction in the crypto market, several coins, including the flagship cryptocurrency Bitcoin, have surrendered their weekly-accumulated gains. However, amid the massive depression, Chainlink (LINK) held more than 14% in the weekly…
Bitcoin whale exchange inflow share hits 1-year high — over 40%
Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active.
Ethereum’s Buterin Expresses Concerns Over Sam Altman’s Worldcoin
Worldcoin’s identity system, “Proof-of-Personhood,” faces issues with privacy, accessibility, centralization, and security, according to Buterin.