Brazil bans Worldcoin from giving crypto for eye scans
World Network, the iris-scanning digital ID project formerly known as Worldcoin, can no longer offer crypto incentives to Brazilians.
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Coronavirus Takes Toll on Bitcoin Halving, but Pandemic Won’t Steal the Show
Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets triggered once every 210,000 blocks mined — or roughly every four years — providing all the interested parties with ample notice and time to…

Bitcoin officially flippens PayPal
The asset has overtaken the network’s market cap following an announcement that PayPal intends to integrate crypto. 559 Total views 2 Total shares Since PayPal announced adding Bitcoin (BTC) to its platform, the asset's market cap has exceeded that of PayPal itself. Ironic?At press time, Bitcoin holds a market cap of $239,877,416,968, just recently surpassing…

Huobi confirms 20% layoffs, denies insolvency rumors
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover. 1363 Total views 40 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTHuobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing…

Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares
Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks. Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023. In a July 3 report from CoinShares’ Head of Research James Butterfill, the…

Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA
Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.

Thailand’s next prime minister Srettha Thavisin has crypto history
Thavisin was once CEO of Sansiri, one of Thailand’s largest real estate firms, known for backing crypto projects like XSpring. 846 Total views 8 Total shares On Aug. 22, Thailand’s parliament elected real estate tycoon Srettha Thavisin as the country’s next prime minister. Thavisin is best known as the former president and CEO of Sansiri, one…

Bitcoin core dev to ‘unite’ Bitcoin and Ethereum with cross-chain tunnels
The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.

Binance.US Launches OTC Trading Platform
Top crypto exchange’s U.S. branch now supports over-the-counter (OTC) trades. Binance’s U.S. arm has launched an over-the-counter (OTC) portal for trades worth $10,000 or more, according to an official announcement from May 11. OTC desk and Binance.US’s requirementsOTC trades are negotiated directly between the buyer and the seller and do not show up in exchange’s public…