Worldcoin denies insider trading and price manipulation allegations

The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas.To prepare the report, researchers conducted an assessment based on multiple criteria, including…

Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. 1065 Total views 17 Total shares The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment.The latest paper by researchers…

Crypto.com and Circle's partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. 458 Total views 4 Total shares Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a June 28 announcement.The partnership between Crypto.com…

Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants. Programs to pilot and encourage widespread adoption of China's central bank digital currency, known as DC/EP or the digital yuan, are continuing apace. As a New Year's offering, the city of Shenzhen is offering its…

Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, founding partner at blockchain-focused investment firm Primitive Ventures.New Chinese owners allegedly used EtherDelta for exit scam ICOWan’s tweets indicate that…

Australian YouTuber Dagogo Altraide posted a new video to his 2.5M subscribers detailing the fall of FinTech company Wirecard. A new video takes viewers through German financial technology company Wirecard’s journey from being one of the top businesses in the world to one who’s shares plummeted by more than 98% before filing for insolvency.  In an…

New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology. 578 Total views 19 Total shares Worldcoin plans to expand its operations to allow governments and businesses to utilize its iris-scanning and identity-verifying technology in an effort to sign up more…