Crypto World Sees Major Moves: From Worldcoin Critique to Ripple-SEC Resolution
The crypto space has been buzzing with notable updates. Vitalik Buterin, Ethereum’s co-founder, voiced concerns over Worldcoin’s digital identity project. he worries it might compromise online privacy.Worldcoin, backed by Sam Altman, aims to verify unique human identities. buterin fears it could end the anonymity many users cherish.
Ripple’s legal saga with the SEC is finally over. Ripple CEO Brad Garlinghouse announced they will drop their cross-appeal. This move signals the end of a long legal battle. Ripple can now focus on its mission to build a global payment network.
Robinhood, a popular trading platform, introduced micro crypto futures. This feature allows users to trade smaller amounts of XRP and Solana. It’s a win for retail traders seeking versatility.
Simultaneously occurring, Bakkt, a digital asset platform, plans a $1 billion securities offering.The funds will support Bitcoin treasury growth. This step shows growing institutional interest in Bitcoin.
Metaplanet, a Japanese firm, made a massive Bitcoin purchase. They bought 1,234 BTC,worth about $132 million. This action highlights bitcoin’s appeal to large investors.
On the regulatory front, Kraken, a crypto exchange, launched a new payments app. it’s called Krak. The app competes with CashApp and Venmo. Kraken also got EU approval under MiCA rules. This expansion could boost its European presence.
SoFi, a financial services firm, is re-entering the crypto market. They’ll offer trading and custody services.It’s a sign of crypto’s mainstream acceptance. Kraken, another exchange, got the green light in Ireland. It’s a big win for crypto in Europe. The firm will offer services compliant with EU laws.
SharpLink Gaming, a U.S. company, added to its ETH holdings. They see Ethereum’s potential. Ledger,a hardware wallet maker,inked a deal with the San Antonio Spurs. Their logo will appear on team jerseys. It’s a first for a sports team. This partnership could attract more sports fans to crypto.
SharpLink Gaming, a U.S. firm, bought 12,207
