Category Crypto

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…

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…

Former execs of crypto lender Cred cop to wire fraud

Former Cred Executives Plead Guilty to Wire Fraud Two former executives of the bankrupt cryptocurrency lending platform Cred, CEO Daniel Schatt and CFO Joseph Podulka, have pleaded guilty to wire fraud charges. Their plea agreement, filed in a California District…