The registration exercise for Worldcoin in Kenya took place at the Kenyatta International Convention Centre. Registered users are entitled to 25 free Worldcoin tokens worth about $2 amounting to about Sh7000. The Worldcoin activities in the countries have been suspended by the Ministry of Interior for security concerns. The activities of Worldcoin, which launched on […]
Worldcoin Suffers Major Setback, Gets Kicked Out of Kenya
The post Worldcoin Suffers Major Setback, Gets Kicked Out of Kenya appeared first on Coinpedia Fintech News Worldcoin, the identity-verification crypto initiative co-founded by OpenAI’s Sam Altman, faces a significant roadblock as the Kenyan government suspends its operations. The project, known for its unique utilization of iris scan technology for identity authentication and cryptocurrency distribution, […]
Presidential Hopeful DeSantis Accuses Biden of ‘War on Bitcoin,’ Pledges to Defend Crypto if Elected – Move to Drive Mass BTC Adoption
US Presidential Candidate Ron DeSantis has highlighted his grand plans for Bitcoin. He claimed the crackdown on crypto is fueled by fear of the technology by the current administration. United States presidential candidate and Florida Governor Ron DeSantis has accused the Biden administration of engaging in a “war on Bitcoin,” promising to put an end […]
OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains
Singapore, Singapore, August 2nd, 2023, Chainwire Additional account abstraction capabilities, including a social recovery feature, will be rolled out at a later date OKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using […]
Surprise action by FTX creditors
Creditors of the now defunct cryptocurrency exchange, FTX, are seemingly deliberating on revamping the website and bringing in third-party investors. The idea is to compartmentalize the various groups of petitioners and follow it up with regulated disbursement of assets. The initial segment going by the name of dotcom customers includes the FTX.com distant exchange petitioners. […]
Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure
Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future. The company announced today a world-class investor group comprising 500 Global, CMCC Global, Consensys Mesh, Bixin Ventures, BlackPine, DWeb3, Hard Yaka, Bored Room Ventures, […]
XRP Lawsuit: Legal Expert Analyzes Terra Verdict, Sees No Contradiction with Ripple’s Ruling
The post XRP Lawsuit: Legal Expert Analyzes Terra Verdict, Sees No Contradiction with Ripple’s Ruling appeared first on Coinpedia Fintech News A recent ruling by Southern District of New York District Judge Jed Rakoff in the SEC v. Terra lawsuit has triggered a lively debate among legal experts and crypto enthusiasts. Some critics contend that […]
Worldcoin cryptocurrency project suspended in Kenya
Kenyan authorities want to make sure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data.
FTX to Relaunch Crypto Exchange for International Users
FTX, the potentially reviving crypto exchange, has proposed a plan to reorganize its creditors into different groups based on their priority. If the plan is approved, the company will relaunch the FTX exchange for international investors. The new plan from FTX offers no allowance to FTT holders. According to the filing, there are various groups […]
Financial Giants Swiftly Apply for Ethereum Futures ETFs Following Bitcoin’s Success
The post Financial Giants Swiftly Apply for Ethereum Futures ETFs Following Bitcoin’s Success appeared first on Coinpedia Fintech News After the recent surge in optimism brought by applications for spot Bitcoin ETFs, several major financial institutions are now scrambling to apply for Ethereum futures ETFs. The demand for cryptocurrency-based exchange-traded funds has surged in recent […]