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The controversial crypto project Worldcoin (WLD) has launched its biometric identity verification system and WLD cryptocurrency in the United States, expanding to six major cities. In a new blog post, Worldcoin says Americans can use their eye scanners to verify their IDs in Atlanta, Nashville, Miami, Los Angeles, Austin and San Francisco. The project, backed by OpenAI CEO Sam Altman, uses eye-scanning Orb devices to generate unique digital IDs. Once verified, users receive WLD tokens and a World ID, which can be used for authentication on platforms such as Minecraft, Reddit and Telegram. The expansion follows scrutiny in several countries,…
Update (May 1, 11:35 pm UTC): This article has been updated to add Strategy’s revenue, net loss and analyst estimates.Michael Saylor’s Bitcoin-buying firm Strategy, formerly MicroStrategy, has reported earning a year-to-date yield of 13.7% on its Bitcoin holdings as it missed Wall Street’s first-quarter estimates.The company said in its May 1 earnings statement that its year-to-date Bitcoin (BTC) yield equates to a gain of more than 61,000 BTC, worth approximately $5.8 billion. Bitcoin yield and gain are unofficial accounting metrics Strategy uses to benchmark the success of its BTC buys. Strategy’s chief financial officer, Andrew Kang, said it would increase its…
Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking.The proposal, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, would see the Sky (SKY) token take over the Maker (MKR) token as the protocol’s governance token.If the DAO accepts, the change would be slated to take place around May 15 to May 19 and downgrading from SKY to MKR would also be disabled.Sky co-founder Rune Christensen said in response to the proposal that it was a “huge milestone,” which he “fully supports,” and…
A look back at 2023, and a glimpse at what lies ahead in 2024 2023 was an excellent year for the team behind the ethereum.org website, and its community — we already feel a little nostalgic, but it’s important to make space for celebrating the things the ethereum.org community helped us build in 2023 and continue the momentum in 2024. In that spirit, we prepared a recap with our 2023 highlights of the ethereum.org community — enjoy the reading! The highlights 📚 ethereum.org Translatathon 56 languages, 217 participants, and 1.47 million words (🤯) translated in a one-week online competition, the…
To celebrate its bicentenary, London’s National Gallery has purchased a curious altarpiece for $20 million that it was eyeing for decades. Titled The Virgin and Child with Saints Louis and Margaret and Two Angels, the painting dates from 1500-10 – and the artist is unknown.The acquisition was funded by the American Friends of the National Gallery of London and bought from a private collection in a sale brokered by Sotheby’s. The price represents a significant outlay for an unknown and unnamed artist, and reflects the quality, craftsmanship, and significance of the work.It’s thought the artist was either French or Netherlandish…
XRP plunged to $2.15 after $13.9M in long liquidations, revealing extreme leverage imbalance. Despite volatility, Ripple’s bullish fundamentals and institutional moves suggest long-term growth potential remains intact. In a dramatic turn of events, Ripple’s XRP plummeted to below $2.20, triggering a staggering 1000% liquidation imbalance. The move exposed the market’s heavily overleveraged long positions, raising critical questions about sentiment and risk appetite. As the dust begins to settle and prices hover near key support levels, the community is at a crossroads — is this a healthy shakeout clearing excess leverage, or a foreboding signal of deeper instability ahead? A brutal flush…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder of Magic Eden, said to TechCrunch. “Adding a Bitcoin marketplace allows us to continue our multichain vision.” Ordinals, an NFT-like project on Bitcoin’s blockchain, has grown significantly since the first one was inscribed in December. By mid-February, over 90,000 Ordinals were inscribed — which is…
In an era where banks, payment systems, and apps all need to talk to each other, having a common language is key. ISO 20022 is that language for money messages. It sets simple rules for how payment details should be shared. This helps reduce mistakes and speed up transfers. ISO 20022 coins are cryptocurrencies built to follow these rules. They carry the right data in the right format. This makes it easy for banks to use these coins. It helps law groups find fraud and stop bad money. People who send or get money across countries can see faster moves.…
Blockstream, a leader in Bitcoin-powered financial infrastructure, has shared a new update detailing its growth plans for 2025. Following a successful $210 million raise in October 2024 led by Fulgur Ventures, the company is accelerating its development across infrastructure, software, mining, and institutional investment offerings. “We are at a pivotal moment for Bitcoin’s growth,” stated Blockstream Co-Founder and CEO Dr. Adam Back. “Spot ETFs have opened the floodgates, institutions are rushing to engage with Bitcoin, and individual interest is accelerating. As we look ahead, we will continue to explore ways to deliver the greatest impact with a focus on building…
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