Kenya suspends crypto project Worldcoin over safety concerns

NAIROBI (Reuters) -Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety. The project founded by OpenAI CEO Sam Altman launched last week. It requires users to give their iris scans in exchange for a digital ID, and in some countries users also get free cryptocurrency as part of plans to create a new "identity and financial network".

• 2023-08-02
• local activities Kenya Sam Altman interior ministry Worldcoin cryptocurrency

Coinbase boss Brian Armstrong: SEC suggested change that would have triggered the end of the crypto industry in America

“Let’s go to court and find out what the court says.”

• 2023-07-31
• the SEC Brian Armstrong Coinbase cryptocurrency Commodity Futures Trading Commission Bitcoin SEC

Bitcoin Rises. But It’s Still Stuck in a Rut.

Bitcoin remains stuck at its lowest levels in more than a month. Other cryptocurrencies trade lower Monday.

• 2023-07-31
• Bitcoin cryptocurrency

Bitcoin Dips Below $29.2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink

BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.

• 2023-07-31
• Bitcoin market capitalization Joe DiPasquale Curve Finance DiPasquale cryptocurrency

What Are Centralized Cryptocurrency Exchanges?

Most cryptocurrencies like bitcoin, XRP, and ether are traded via centralized exchanges. Here's how.

• 2023-07-31
• digital currency currency exchanges centralization cryptocurrency

Cryptocurrency Futures Defined and How They Work on Exchanges

Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.

• 2023-07-30
• futures contracts cryptocurrency exchanges Cryptocurrency

Bitcoin Price Drops. Altcoins Are Holding Up Better.

Bitcoin was falling on Friday and on track for its lowest levels in more than a month. Altcoins look to have held up better in the latest fall.

• 2023-07-28
• Bitcoin cryptocurrency

Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT

A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam.

• 2023-07-28
• George Santos House of Representatives cryptocurrency Nigerian prince

Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M

DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.

• 2023-07-26
• DOGE cryptocurrency Twitter

Dogecoin Surges 9% After Cryptic Elon Musk Tweets Link DOGE and X

Bitcoin, Ethereum, and other digital assets aren't moving much today. But Dogecoin is after Musk tweeted about it.

• 2023-07-26
• Elon Musk Dogecoin Twitter cryptocurrency