Ex-Ethereum developer calls Open AI founder’s Worldcoin project ‘unrealistic and scary’
Ex-Ethereum developer calls Open AI founder’s Worldcoin project ‘unrealistic and scary’Former Ethereum developer Hudson Jameson thinks Worldcoin lacks transparency and finds its tokenomics "suspicious."
Happy Tuesday!The global crypto market cap is $1.13 trillion with a 24-hour volume of $29.34 billion. The price of Bitcoin is $27,070.93 and BTC market dominance is 46.5%. The price of Ethereum is $1,821.74 and ETH market dominance is 19.4%. The best performing cryptoasset sector is Yield Farming, which gained 7%.
Latest NewsEx-Ethereum developer calls Open AI founder’s Worldcoin project ‘unrealistic and scary’
Former Ethereum developer Hudson Jameson thinks Worldcoin lacks transparency and finds its tokenomics "suspicious." OKX follows Binance in enabling support for Bitcoin OrdinalsBesides supporting Ordinals, OKX said it would integrate the Bitcoin Lightning Network into its wallet for users. Justin Sun accuses Huobi’s founder’s brother of freeloading on HT tokenHuobi founder Li Lin reportedly promised to pay a 10-times compensation if Justin Sun's allegations are true. EU finance ministers unanimously greenlight MiCA regulationsMiCA is expected to come into effect by mid-2024. The regulation will seek to protect investors by imposing requirements on crypto firms. SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hikeBecker described the Fed's interest hike as the "steepest rate increase over a 12-month period in almost 40 years." CryptoSlate wMarket Update: Litecoin re-enters top 10 amid wider market weaknessThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Ledger’s new phrase recovery feature has users spookedUsers voice concerns that the Ledger Recover feature is another potential attack vector — storing recovery phrases and ID online. Coinbase says SEC response reinforces concern about the regulator actionsThe SEC wants the court to reject Coinbase's request for a new regulatory framework for the crypto industry. Digital asset investment products see outflows for 4th consecutive week totaling $200MThe trend of outflows in digital asset investment products persisted for the fourth consecutive week, with Bitcoin seeing the largest outflows. BNY Mellon focusing on digital assets sans crypto, deems tokenization ‘next wave of securitization’A top executive said that cryptocurrency is just one aspect of digital assets.
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OpenAI co-founder Sam Altman’s $200M bet that crypto will solve AI threat
Monday, May 15, 2023
The launch of World App comes as reports claim $100 million in funding for Sam Altman's crypto project Worldcoin to solve AI problems.
Do Kwon granted bail at €400,000 – against prosecutors wishes
Friday, May 12, 2023
The Montenegro court has agreed to release Terraform Labs' co-founder Do Kwon and CFO Han Chong-Joon on house arrest.
Former SEC official calls for US ban on Tether, calls it a ‘mammoth house of cards’
Friday, May 12, 2023
Former SEC official John Reed Stark said Tether has no legal framework guiding its operations in the United States.
Justin Sun admits Huobi ownership, calls Binance a partner rather than rival
Friday, May 12, 2023
Justin Sun-related blockchain networks urged memecoin developers to use their ecosystems for their token development.
Coinbase’s Paul Grewal says SEC proposed custody rule ‘unnecessarily singles out crypto’
Tuesday, May 9, 2023
Coinbase suggests a more inclusive approach to qualified custodians and a unified possession or control standard for crypto assets for SEC's proposed custody rules.
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