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Key Developments Propel World Network to 20M Participants in 2024


World, formerly recognized as Worldcoin, disclosed the project achieved progress in 2024, marking a transformative chapter for the initiative. The network grew to encompass over 20 million participants, including 10 million verified human users expanding its global footprint. World Advances...

Debridge Closes Exclusive Token Sale for Certain Participants


Debridge kicked off its LFG Vault for DBR tokens, giving active members of its ecosystem and Jupiter’s community an exclusive opportunity to acquire tokens at a locked-in price. With a focus on fairness and stability, the launch introduced a new token sale model designed to curb gas wars and market...

Brazillian Central Bank Invites New Participants to CBDC Pilot Program


The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits, agricultural bonds, and foreign trade platforms. Brazilian...

The Proliferation and Problem of the ✨ Sparkles ✨ Icon


Kate Kaplan hits on something over at Nielsen Norman Group’s blog that’s been bugging me: The challenge with this icon is sparkle ambiguity: Participants in our recent research study generally agreed that it represented something a little special … The Proliferation...

Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects


Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their...

Genesis Returns $2.2B in Crypto Assets to Lending Program Participants


Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week. The post Genesis Returns $2.2B in Crypto Assets to Lending...

Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT


On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment. The post Elon Musk’s...

Crypto Markets Require Transparency, Says SEC Chair Gary Gensler


The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator. The post Crypto Markets Require Transparency, Says SEC Chair Gary Gensler appeared first on Cryptonews

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