Worldcoin plans to expand its operations to allow governments and businesses to utilize its iris-scanning and identity-verifying technology in an effort to sign up more users, according to a Reuters report. According to the report, Ricardo Macieira, the general manager for Europe at Tools For Humanity, which is behind the Worldcoin project, said that the company is on a mission…
Month: August 2023
Exploring the future of AI: The power of decentralization
The field of artificial intelligence (AI) is taking the world by storm, but many people have found themselves looking up at the sky, wondering where all the rain came from. Those who didn’t realize the place AI already has held in our everyday lives are having a hard time understanding what further advancements mean for society as a whole. Wrapping…
‘Show Your Face to the Orb’: Eyes-on With Sam Altman’s Worldcoin
Before Worldcoin launched its highly anticipated WLD token, no one was making the trek out to Berlin’s largest commercial center except to visit their local Zara. Now, that’s all changed. “We saw 150 people on Saturday,” said the orb operator, who wished to remain anonymous. “It was an all-time high for this location.” Sam Altman, the project’s co-founder, said folks…
CEO Dave Ripley on empowering the next billion crypto users « Kraken Blog
Twelve years ago, we began our pioneering mission to become one of the first and most successful digital asset exchanges. We started by trading only four cryptocurrencies, but now support over 220 assets on 67 blockchains – and over 700 markets. We’ve been at the forefront of the crypto revolution since 2011. As one of the longest-lived crypto exchanges in…
Binance denies reports of $90 billion in crypto trades in China
Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of dollars worth of transactions monthly, according to a Wall Street Journal investigation. The WSJ report says its reporters, along with current and former employees of Binance, viewed “internal figures” that revealed users traded $90 billion in cryptocurrency-related assets in China during the time…
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
Abracadabra Money, a cross-blockchain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its Curve (CRV) exposure. The proposal drew mixed reactions from the community, and several questioned the tactic of modifying loan terms, while others called it a great plan to cut down exposure to CRV. Abracadabra protocol allows users to earn…
How to detect fake news with natural language processing
The sheer volume of information produced every day makes it difficult to distinguish between real and fake news, but advances in natural language processing (NLP) present a possible solution. In today’s digital era, the spread of information via social media and internet platforms has given people the power to access news from many different sources. The growth of fake news, meanwhile,…
Ether ETFs pending – Grayscale, VanEck and others file SEC applications
Six major asset managers including Grayscale and VanEck have filed fresh applications in a bid to launch Ethereum Futures (ETH) exchange traded funds (ETF) to United States customers. Separate filings submitted to the U.S. Securities and Exchange Commission (SEC) reviewed by Cointelegraph outline respective applications from the likes of Grayscale, VanEck, BitWise, Volatility Shares, ProShares and Round Hill Capital. We…
Ripple CEO slams SEC over use of XRP report in lawsuit
Ripple CEO Brad Garlinhouse on August 2, expressed his disapproval of the United States Securities and Exchange Commission (SEC) for utilizing Ripple’s quarterly XRP Markets Report, designed to enhance transparency in the cryptocurrency industry, as evidence against the company in the ongoing lawsuit. Garlinghouse stated that the company initiated the reports with the intention of voluntarily offering updates on their…
Sam Bankman-Fried’s Lawyers Say Basis for Revoking Bail Is ‘Extremely Thin’
In an 18-page letter to Judge Lewis A. Kaplan, Sam Bankman-Fried’s defense counsel, argued against the U.S. government’s recent motion to revoke his bail. The Defense called the arguments “extremely thin” and “relying heavily on assumptions, unsupported inferences, and innuendo.” In a hearing on July 26, the Department of Justice representing the government in the case against the former crypto…