Author: NBTC

Poised to become the world’s most prominent “real humans’ network”, the project previously known as Worldcoin aims to establish an identity layer to distinguish unique individuals from automated bots. The protocol relies on custom hardware, known as an Orb, to issue credentials without compromising user privacy. “World’s technology and proof of human and variations are among the most important building blocks to secure and verify interactions in an increasingly digital driven world,” said Tom Lee, an Eightco Holdings board member who also serves as the chairman of Bitmine, in a statement. World said the investment comes as it shifts from…

In brief Zcash plummeted in price following the disclosure of a critical, four-year-old vulnerability. Because of Zcash’s privacy features, the bug’s scope couldn’t definitively be determined in terms of counterfeit coins. Some said tradeoffs between privacy and auditability are “part of the deal,” pointing to bugs patched in years past. Shielding funds from prying eyes has long been Zcash’s forte, but investors’ unease on Friday indicated that the privacy coin’s core feature can also resemble an Achilles’ heel. Following the disclosure of a bug that had the potential to unleash a wave of counterfeit coins, Zcash tanked to its lowest…

Can Ripple’s CLARITY Act Campaign Shift the Senate Debate? Ripple announced on July 14 that its CLARITY truck had returned to Washington, D.C., as the debate over U.S. cryptocurrency regulation entered a critical phase. The campaign renewed industry pressure on lawmakers as Senate Democrats challenged the bill’s ethics and consumer protection provisions. Their objections complicate the bipartisan support required for passage. “The Clarity truck is back in DC!” Ripple wrote on X. The renewed appearance followed a June 25 campaign that sent the branded vehicle through Washington, D.C., carrying the message “On the road to Clarity.” The truck displayed Ripple’s…

OKX Europe has launched a one-way conversion feature allowing customers to deposit $USDT and convert it into $USDC, offering a regulated migration path as the European Union’s Markets in Crypto-Assets (MiCA) rules limit support for the world’s largest stablecoin. According to a company announcement shared with Cointelegraph, the feature lets customers deposit Tether’s USDt ($USDT) into their OKX Europe account and convert the tokens into $USDC ($USDC), one of the largest stablecoins available under the European Union’s MiCA framework. Tether has not obtained authorization to issue $USDT under MiCA, prompting many European platforms to restrict deposits, delist trading pairs or…

As talks between the US and Iran begin in Switzerland, positive statements are coming from both sides. The latest move has come from the US. According to Walter Bloomberg, the U.S. Treasury Department today issued a general license authorizing the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products. Accordingly, the US issued a general license allowing trade in Iranian crude oil and petrochemical products until August 21. It was stated that this license represents a temporary suspension of regulations related to energy transactions with Iran, and does not mean the complete lifting of sanctions. Following the…

Ethereum [$ETH] has been cheap since February, as it was trading below its overall cost basis at $2.3k. More holders were at a loss, and the recent rally to $1,920 and subsequent reset lower meant sellers still have the upper hand in the market. AMBCrypto reported that the realized price bands meant a price drop to $1.15k is possible if the 2022 bear market cycle plays out once more. Though it can be considered cheap, spot ETF outflows of $70.7 million on Friday, the 24th of July, broke a five-trading-day streak of inflows that began on the 16th of July.…

The Office of the Comptroller of the Currency denied Wise’s application for a US national trust bank charter, the payments company said Friday, a rare public rejection from a regulator that has spent the past eight months approving trust charters for crypto and fintech firms. Wise shares fell as much as 10% on Nasdaq, where the company moved its primary listing from London in May. The OCC’s decision letter said the application presented “significant supervisory and compliance concerns” and that Wise’s proposed management and board had “demonstrated a persistent inability” to manage money-laundering and terrorist-financing risks, according to Law360, which…

A recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using $USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the region’s use of stablecoins was akin to cash. Key Takeaways: Oobit reported $USDT holds up near 100% of the stablecoin market volume across Latam, cementing Tether’s dominance. Spurring 202% growth in Brazil, Oobit links self-custody wallets to Visa’s 150M merchant network. Colombia became Oobit’s 9th live market, scaling daily cash-like crypto usage for local economies. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets…

Can the CLARITY Act Deliver the 3 Benefits Lummis Stated? The CLARITY Act sits at the center of Congress’ efforts to establish a durable U.S. digital asset framework after years of disputes over regulatory jurisdiction, consumer protections, and market oversight. Its supporters argue that legislation is needed to create clearer operating rules and keep digital asset activity within the United States. U.S. Senator Cynthia Lummis (R-WY) wrote on X on July 17 that the CLARITY Act would deliver three outcomes: “certainty for developers,” “protection for investors” and “integrity for markets.” The lawmaker added: “Digital asset legislation should deliver all three,…

Lincoln Murr asked his AI agent to send some Twitter articles to his Kindle, copying a trick he’d seen suggested online. The agent scraped the articles with Firecrawl once Twitter started blocking it, then uploaded the result to a service called Stable Upload so it could reach his email. Murr, who leads AI product work at Coinbase, told CryptoSlate he’d genuinely forgotten the agent even had a crypto wallet. Both Firecrawl and Stable Upload sit among the expanding list of services built around x402, an open payment standard that lets software pay for access to the moment it needs it.…