Worldcoin faces privacy concerns as iris scan black market emerges for biometric verification

Worldcoin, the high-profile cryptocurrency venture spearheaded by OpenAI CEO Sam Altman, is facing privacy concerns as a black market has emerged for the biometric information that is required for the project’s verification... Read more »

PSYOP memecoin faces identity crisis amidst questionable token launch

The creator of a memecoin called $PSYOP has accused another individual of imitating his token, while the token itself has been called a scam by an independent media studio. $PSYOP creator says... Read more »

FATF head urges G7 to bring order to ‘lawless crypto space’

The Financial Action Task Force (FATF) head T Raja Kumar said G7 nations need to take a more proactive approach to regulate the “lawless crypto space” as it continues to allow illicit... Read more »

First Voyager payouts should begin by June 1, creditors’ committee says

Voyager’s Official Committee of Unsecured Creditors said on May 17 that a pending repayment plan will take effect in the next few weeks. Users could access funds in coming weeks The committee... Read more »

Pakistan does not plan to legalize crypto trading

Pakistan Minister of State for Finance Aisha Ghaus said the Asian country could not legalize cryptocurrency trading, citing its recent removal from the Financial Action Task Force’s (FATF) “Grey List.” In an... Read more »

Ledger calls itself a “self-custody maxi,” says recovery service is optional

Ledger emphasized its commitment to self-custody of funds in response to ongoing criticism from customers on May 16. Earlier, the hardware manufacturer announced a feature called Recover that allows users to restore... Read more »

Hedge fund billionaire Paul Tudor Jones says ‘Entire US regulatory apparatus is against Bitcoin’

Billionaire hedge fund manager Paul Tudor Jones believes Bitcoin (BTC) will see strong headwinds in the coming months due to regulators and inflation. Jones made the comments during his latest appearance on... Read more »

Alternative to ERC-4337 proposes stateless account abstraction

The Ethereum community appears to be searching for alternative implementations of account abstraction than ERC-4337, which was launched this year at ETHDenver. Stateless account abstraction on Ethereum Developers on the Ethereum Research... Read more »

Cardano’s hydra scaling solution goes live on mainnet as Ethereum gas fees surge

The first Hydra node compatible with the Cardano mainnet was launched on May 11, according to developer Sebastian Nagel. Hydra is a layer2 scaling solution designed to improve scalability on the Cardano... Read more »

Ex-FTX compliance chief confirms celebrity promotional activity originated in Florida

FTX.US’ former chief compliance officer Daniel Friedberg has provided evidence confirming that the promotional activity involving celebrities originated in Florida, according to May 11 court filings. The new development is a breakthrough... Read more »