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Worldcoin, a cryptocurrency co-created by OpenAI CEO Sam Altman, is expected to go live on July 24. The announcement was posted in the project’s Twitter on July 23. It's time. 24.7.23 pic.twitter.com/9oHW4DIMJX — Worldcoin (@worldcoin) July 23, 2023 The coin’s creators have been giving out Worldcoin (WLD) tokens to individuals all around the globe. In return, they should scan their iris with the coin’s system, The Orb.  Worldcoin has faced several challenges due to iris scanning and other matters. The token has attracted its share of criticism in Silicon Valley circles due to online identity identification and financial inequality claims. You might also like: What is Worldcoin: the iris-scanning crypto project that sparks privacy debates Moreover, in 2022, Buzzfeed reported that some people who had their Worldcoins scanned by the Orb did not end up with the coins they had been promised.  Worldcoin is already on sale According to crypto ...

Join Our Telegram channel to stay up to date on breaking news coverage One of the largest payment processing companies globally, Stripe, has announced it will start supporting Bitcoin payments . The move will be enabled by OpenNode, a Bitcoin payments infrastructure company. Stripe to allow merchants to convert payments to Bitcoin The OpenNode app is situated on the Stripe app marketplace. Users on the app will be able to change their fiat payments into Bitcoin. The OpenNode app is based on the Stripe app marketplace. The integration will allow businesses to set up an automatic amount of their payments convert ed into Bitcoin. Besides automation, there will also be a manual process where users can choose the amount they want to convert into Bitcoin. The app will provide a clear dashboard that users can easily access to enable a seamless way to use the platform. Businesses will view their Bitcoin wallets and the conversion rates by accessing the application. The applicati...

June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal. The month of June closed out with a 29.73% decrease in venture capital invest ments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research Venture Capital Database. While the United States Federal Reserve halted interest rate hikes in June, the macro economic climate remains unchanged due to geopolitical uncertainties and continued efforts to tame inflation across the globe. As the data shows, investors remained cautious and in risk-off mode in June, with the growth trend of the previous three months coming to a halt. Purchase access to the Cointelegraph Research VC Database. However, that is not necessarily a bearish signal, as the overall trend for 2023 is still upward. Plus, the recent batch of Bitcoin exchange-traded fund (ETF) applications from the likes of BlackRock, VanEck, WisdomTree and Fi...

After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization. The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says. Cryptocurrency analytics platform CCData released a report on July 20 saying the stablecoin market cap fell 0.82% from the start of the month until July 17, taking the sector's market cap to $127 billion. Stablecoin market dominance took a slight fall and is currently at 10.3%, dropping from 10.5% in June. Our latest Stablecoins & CBDCs Report is now live! Key Highlights: ️16-month fall in stablecoin market cap, now at $127bn ️ $USDT at $0.73, $USDC at $0.82 on #Binance.US ️ $USDP's largest cap drop since 2020, now at $593mn Full Report https://t.co/A9rFx6pbJx — CCData (@CCData_io) July 20, 2023 Of the top ten stablecoins, Pax Dollar (USDP) was hit hardest, falling 43.1% to $56...

The government added that they are already working on regulating the crypto market and a proposed regulatory legislation was laid before parliament and debated last month. The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, stressing that it "firmly disagrees" with the Committee's stance.  A panel of British lawmakers called for regulating the crypto market in the country similar to gambling in a May 17 House of Commons Committee report. The Treasury Committee said that the crypto investment activity is consistent with the principle of “same risk, same regulatory outcome.” U.K financial services minister Andrew Griffith, in a response on July 20 to the committee, rejected the proposal and said that the HM Treasury firmly disagrees with the “Committee’s recommendation to regulate retail trading and investment activity in unbacked cryptoassets as gambling rather th...

Investing in authenticity: Here’s how Cointelegraph’s Historical Collection combats AI’s impact on information. In the rapidly evolving world of blockchain technology, nonfungible tokens (NFTs) have emerged as an asset class offering a unique opportunity to own many kinds of digital items — both rare and valuable. Since the initial boom of NFTs manifested through the world of collectible digital art (such as Bored Ape Yacht Club and CryptoPunks), the past year has seen digital collectibles utilized in various other interesting real-world use cases. Cointelegraph’s Historical Collection is a prime example of this. The Historical Collection is an initiative that allows individuals to own a piece of history by minting any article published on Cointelegraph as a digital collectible. It offers an opportunity to search for iconic art and headlines or hunt for hot, breaking news early to mint on the Polygon blockchain. CHECK OUT THE COINTELEGRAPH HISTORICAL COLLECTION Since its debut, the co...

During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million. A wallet address containing pre-mined Ethereum worth $116 million moved its entire stash of 61,216 Ether (ETH) to an address in the Kraken crypto exchange after lying dormant for eight years. In June 2014, the Ethereum ecosystem conducted a sale event, allowing early team members and co-founders to participate and accumulate pre-mined Ether, at a time when the network was unable to generate tokens on its own. During the pre-mine period, Ether traded at a price range of $300-$400, which would place the wallet’s worth at roughly $20 million at the time. However, eight years later, the tokens in question are worth more than $116 million at the time of writing. A dormant pre-mine address containing 61,216 #ETH (116,396,127 USD) has just been activated after 8.0 years !https://t.co/f79T0fYa7b — Whale Alert (@whale...

The ICP market sees bearish pressure, but a potential bullish reversal looms. Increased trading volume sparks interest amidst the ICP price dip. Technical indicators signal a potential for bullish momentum in ICP. In the past 24 hours, the Internet Computer (ICP) market has experienced significant bearish momentum, with prices plunging from an intra-day high of $4.15 and finding support at $4.01. The ICP price dipped 2.24% to $4.04 at press time, indicating prevailing selling pressure. Consequently, ICP’s market capitalization has decreased by 2.23% to $1,775,643,043, while the 24-hour trading volume has surged by an impressive 68.83% to $21,816,163. The increased trading volume indicates heightened activity and interest in the ICP market, despite the downward movement in price. This surge could be attributed to traders taking advantage of the lower prices to enter or exit positions. ICP/USD 24-hour price chart (Source: CoinMarketCap) Amid the...

Staked Tether (stUSDT) is a token recently launched on Tron that claims to offer the ability to “unlock yields in real-world assets.” Users can deposit their TRC-20 USDT on the platform and then receive yield from the efforts of the stUSDT platform, which uses the USDT to ‘invest’ in assets. Currently, there’s about $213 million stUSDT — $180 million of which is held on Huobi.  stUSDT is a rebasing token that pays users with additional tokens to represent their yield from the investments; it’s currently paying a “welcome campaign” APY of 10%. At press time, the website doesn’t list any of its investments. Purportedly, these are managed by the ‘RWA DAO,’ though Protos was unable to identify any decentralized and autonomous structure governing this platform. This is done in collaboration with the JustLend DAO, another Tron-based project, as part of a ‘custody agreement.’ Once again, we were unable to ...

Binance Introduces New Address Feature Binance has responded to a user feedback and introduced a new feature that enables users to generate multiple deposit addresses for a single network. This development aims to cater to “airdrop hunters” and reinforce user privacy protection. advertisement Other CEXs like BitGet recently announced the multiple deposit address feature for a single network. Binance has also introduced a deposit address book function. This feature enables users to efficiently organize and keep track of their various deposit addresses, providing greater flexibility in managing their funds. Also Read: Celsius Sells Altcoins Worth $25 Million: LINK, BNB, BONE… Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

Discrepancy in Court Ruling The former SEC executive expressed his concerns on his LinkedIn page and suggested that the decision “seems backward” from a regulatory standpoint. Stark’s remarks have added fuel to the ongoing debate surrounding the recent court ruling from Judge Analisa Torres earlier this week. advertisement In his analysis, he questioned the basis for considering XRP as such and challenges the arguments put forth by Ripple Labs to support its claim.  Stark suggests that Ripple Labs’ classification is inconsistent with the traditional application of the Howey test, a well-established legal framework used to determine whether an investment qualifies as a SEC urity. Additionally, Stark raised concerns about what he perceives as a discrepancy in the level of SEC protection provided to institutional investors versus retail investors in the Ripple decision.  According to Stark, the decision grants full SEC protec...

Former FTX CEO Sam Bankman-Fried wants his close friends to visit him at his parents’ home without undergoing security checks .  On July 13 Bankman-Fried’s lawyers submitted a letter to New York District Court Judge Lewis Kaplan, seeking an exemption for court-approved visitors from the security measures mandated in his bail conditions. The current bail conditions mandate the presence of a security guard at the residence to screen visitors for electronic devices and the requirement for visitors to sign an electronic visitor log. However, Bankman-Fried’s legal team argued that only his lawyers and employees of his contracted law firm are exempt from these checks. They urged the court to extend the same privileges to visitors approved by the court. The first page of Bankman-Fried’s attorneys’ letter to Kaplan | Source: CourtListener The submitted list, which prosecutors reviewed without objection, comprises “close friends and colleagues o...

Coinbase is officially deciding to re-list Ripple XRP, according to an official announcement from the exchange. “Coinbase will re-enable trading for XRP (XRP) on the XRP network,” an official tweet from Coinbase reads. Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported. — Coinbase Assets 🛡️ (@CoinbaseAssets) July 13, 2023 The tweet adds “Trading is anticipated to begin later today, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading pairs will launch in phases. Support for XRP may be restricted in some supported jurisdictions.” Also read: US Judge Rules Ripple XRP is Not a Security According to the latest ruling of the ongoi...

XAI Price Up By 780% The x AI cryptocurrency token increased by 780% from $0.0000000010 to $0.0000000088 following Musk’s x AI debut. The cryptocurrency now trades at about $0.001305 , although its price has since dropped by 50% . advertisement This is not the first time Elon Musk-related news has sent the cryptocurrency markets into a frenzy. Dogecoin’s (DOGE) price has fluctuated dramatically as a result of the billionaire’s comments several times. However, XAI is not Musk’s new endeavor’s sole token to go up. Elon Musk Causes Crypto AI Tokens Price Rise Artificial intelligence ( AI )-related cryptocurrency tokens saw a g AI n of more than 3% on Wednesday when Elon Musk, introduced x AI , a new AI firm that would compete with ChatGPT, a well-known chatbot. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated L...