Worldcoin: Eye-scanning cryptocurrency launches with $1 billion valuation

    OpenAI CEO and former Y Combinator President Sam Altman has announced Worldcoin, a project designed to equitably distribute free cryptocurrency to as many people as possible. Obtaining that crypto, however, involves a discomforting concession – an iris scan, which has raised privacy concerns amongst critics. According to Global Findex, over 31% of the global population…

    Bitcoin hit an all-time high of above $66,000 after landmark US ETF launch

    Wednesday Bitcoin hit a new all-time high as investors acclaimed the successful launch of the first US Bitcoin futures exchange-traded fund (ETF). According to Coin Metrics, the world’s largest cryptocurrency surged 4%, passing the $66,900 level, topping a previous record of $64,899 set in mid-April. However, JPMorgan strategists believe the key driver behind the price…

    NFT gaming proposition in question as regulators and traditional gaming pullback

    The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem, writes Anirudh Tiwari on Cointelegraph. The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft, and Nintendo, among others. Throughout their history, these major firms have aimed…

    Bitcoin surges above $60,000 as traders bet on ETF approval

    Bitcoin surged above $60,000 for the first time in six months on Friday, pushing the digital coin further toward its all-time high, as traders speculated US regulators would approve the launch of the first Bitcoin futures exchange-traded fund (ETF). The world’s biggest cryptocurrency rose 6% to its highest level since Apr. 17 at $61,488.41, according…

    Bakkt crypto exchange integrates with Google Pay

    Bakkt, a crypto marketplace and custodian, announced Monday a partnership with Google to extend the “reach and usability of digital assets to meet rapidly evolving consumer demand.” Bakkt users will now be able to add their virtual Visa Debit cards into Google Pay, providing the ability to pay in crypto at a variety of online…

    Institutional interest in crypto is just getting started

    A growing list of mainstream financial entities has continued to increase their exposure to crypto over the last year or so, writes Shiraz Jagati on Cointelegraph. The old adage “The crypto market is not for the faint-hearted” was put on full display recently when the total market capitalization of the industry dipped to a relative…