Month: April 2026

Business Politics Style Travel

Alarm bells ring in US over OpenAI’s crypto project World

Worldcoin, OpenAI’s digital identity project, faces significant hurdles in the US due to varying state privacy laws and global regulatory scrutiny. Its iris-scanning technology and crypto token payout system, designed to verify human identity online, have prompted investigations and bans in numerous countries including India, South Korea, Italy, and Brazil. Concerns center on data collection […]

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Kima joins Mastercard sandbox to enable stablecoin card top-ups

Kima, a decentralized settlement protocol, has integrated into Mastercard’s sandbox program, facilitating stablecoin-powered top-ups for prepaid cards directly from self-custody wallets. This integration allows Mastercard partners to leverage Kima’s infrastructure for topping up prepaid cards using stablecoins like USDC and USDT from self-custody wallets across over 10 blockchains. Kima CEO Eitan Katz highlights this as […]

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The Q-Day Prize challenge, explained: Can quantum computers really break Bitcoin?

The Q-Day Prize, a competition to break a simplified version of Bitcoin’s cryptography using a quantum computer, highlights the potential threat of quantum computing to existing cryptographic systems. The prize, 1 Bitcoin, underscores the urgency of developing quantum-resistant solutions. Bitcoin’s security relies on the SHA-256 hashing algorithm, currently resistant to brute-force attacks. However, quantum computers, […]

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Bitcoin shrugs off US CPI win as Binance CEO says BTC ‘leading pack’

Bitcoin’s price remains stagnant despite positive US inflation data. The April US Consumer Price Index (CPI) showed a smaller 12-month increase than expected (2.3% vs. 2.4%), which is generally positive news for risk assets. However, BTC/USD failed to break above $104,000 and saw another sell-off at the May 13 Wall Street open. Despite the positive […]

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Synthetix makes $27M bid to re-acquire crypto options platform Derive

Synthetix, a decentralized finance (DeFi) platform, is poised to expand its presence in the crypto derivatives market through the planned re-acquisition of the crypto options platform, Derive. This strategic move, detailed in a May 14th blog post, involves a token exchange where 1 SNX token will be exchanged for 27 DRV tokens, valuing Derive at […]

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eToro prices IPO above range at $52 a share to raise $620M

eToro, a crypto and stock trading platform, successfully completed a larger-than-expected initial public offering (IPO), raising $620 million. The company priced its shares at $52 each, exceeding its initial projected range of $46-$50. Over 11.92 million shares were sold, with eToro and existing shareholders contributing equally. Trading begins May 14th on the Nasdaq Global Select […]

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Thailand to tokenize $150M government bonds for retail investors: Report

Thailand is pioneering a novel approach to public finance by issuing $150 million worth of digital investment tokens, effectively making government bonds accessible to retail investors. This initiative, announced by Finance Minister Pichai Chunhavajira, aims to leverage the burgeoning digital economy and broaden participation in government financing. The tokens, dubbed “G-tokens,” will be launched within […]