Worldcoin, a project co-founded by OpenAI’s Sam Altman, launched on June 24 with the ambitious goal of scanning the irises of millions of people in 20 countries to create a “digital passport” called “World ID.” While the project aims to provide individuals with a means to verify their humanity in an increasingly influential artificial intelligence-driven
Blockchain
The Korea Financial Intelligence Unit (KoFIU) has recently emphasized the need for the Korean crypto industry to increase their efforts in preventing illegal activities. KoFIU Commissioner Rhee Yunsu announced the establishment of a strategic analysis team focused on crypto-related crimes. This article will delve into the significance of this development and its implications for the
The US state of Wyoming has recently introduced an exciting job opportunity in the cryptocurrency industry. The state is actively seeking an executive director to spearhead its stablecoin project, with a remarkably high annual salary of $150,000. Surprisingly, this salary even eclipses that of the state’s governor by $10,000. This enticing offer reflects the state’s
Binance’s recent “Half-Year Report 2023” sheds light on the current landscape of the cryptocurrency market. The report highlights the resilience of the industry, despite facing challenges in the first half of the year. Institutional interest and adoption of cryptocurrencies saw a surge during this period. However, this growth was accompanied by increased regulatory scrutiny. Despite
In recent times, the crypto industry has been grappling with regulatory uncertainty, particularly in the United States. This uncertainty has led major financial institutions such as Nasdaq, Citigroup, and State Street to distance themselves from the crypto industry. However, across the Atlantic in Europe, there are signs of progress in the relationship between traditional finance
The cryptocurrency industry has been growing at an unprecedented rate, attracting both investors and individuals seeking financial autonomy. However, with this growth comes the challenge of navigating the ever-evolving landscape of regulatory compliance. Charlie Shrem, the founder of the now-defunct Bitcoin exchange Bitshrem, has emerged as a voice for regulatory compliance in the industry, leveraging
In a groundbreaking collaboration with the renowned OpenSea NFT marketplace, Americana has introduced its concierge vaulting service, revolutionizing the storage, showcasing, and selling process for collectors. Recently, on July 21, the platform announced its public launch, marking a significant milestone after an extensive period of development. Founder and CEO Jake Frey shared insights about the
According to Jesse Pollak, the protocols lead at Coinbase, the number of crypto and blockchain users could reach a staggering 8 billion over the next ten years. This projection is not only ambitious but also truly remarkable, considering it equals the current global population, a significant portion of which lacks access to the internet. The
The decentralized finance (DeFi) space has been a hotbed of activity and innovation in recent years, but it still faces challenges when it comes to liquidity and accessibility. To tackle these issues head-on, Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has invested $10 million in Radiant Capital, a platform that provides liquidity
RISC Zero, a startup specializing in zero-knowledge (ZK) proof software, has raised an impressive $40 million in a Series A funding round. This funding was led by Blockchain Capital, a renowned crypto-focused investment firm. RISC Zero plans to utilize this significant capital injection to launch its groundbreaking Bonsai computing platform. Bonsai is an innovative platform
