Sam Altman’s World Crypto Project Launches in US With Eye-Scanning Orbs in 6 Cities

Sam Altman’s controversial blockchain project, World, is launching in the U.S. – and said it intends to roll out 7,500 eye-scanning “orbs” in cities across the country by the end of the year. World’s orbs — chrome, bowling ball-shaped devices that scan a person’s eyeballs to confirm their identity — will initially be available to Americans … Read more

U2U Network To Expand Web3 And DePIN Accessibility In Collaboration With Datagram

U2U Network, a well-known platform offering scalable Web3 solutions, has partnered with Datagram, a leading entity in the decentralized physical infrastructure sector. The collaboration focuses on enhancing the accessibility of Web3 and DePIN technologies within the region of Southeast Asia. The platform took to social media to reveal this exclusive development. @u2u_xyz 🤝 @DGramNetwork Datagram … Read more

Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms

Key points:  US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support.  Today’s crypto derisking is likely transitory; market fundamentals remain strong. Bitcoin (BTC) price took an abrupt tumble as data showed the … Read more

Bitcoin Enters Most Stressful Correction Phase Since 2021, Average SMA30D Starts Recovering

Bitcoin (BTC), the top cryptocurrency in the world in terms of market capitalization, is in the correction phase at the moment. After 2021, it has been the most stressful correction phase of Bitcoin ($BTC). The entire crypto community is hopeful that the largest digital currency will soon come out of the correction phase and head … Read more

EU digital product passports won’t solve food fraud, but blockchain can

Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards.  Self-sovereign identity (SSI) can fix this.  … Read more

Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound

Key takeaways: Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval. Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty. Galaxy CEO Mike Novogratz says the listing will broaden the company’s investor base and US presence. The Toronto Stock Exchange (TSX) listed … Read more

Elderly American identified as victim in $330m Bitcoin theft: ZachXBT

An elderly American has been identified as the victim of a $330.7 million Bitcoin theft—one of the largest crypto heists on record—according to blockchain investigator ZachXBT.  The attack, which occurred on April 28, involved the theft of 3,520 BTC through a sophisticated social engineering scheme, triggering a ripple effect across crypto markets, including a sudden … Read more

Could It Emerge as a Safe Haven?

Recent economic reports indicate a complex landscape for cryptocurrencies, with inflation metrics showing promising signs while GDP contraction raises recession fears. Market analysts highlight Bitcoin’s resilience, noting its recent performance as an alternative asset amid traditional economic uncertainties. “Bitcoin’s ability to maintain value amidst economic turmoil may signal its growing role as a critical store … Read more