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Crypto News
Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%
Layer-2 blockchain Optimism is set to unlock $36 million worth of tokens on Sunday, and the anticipated increase in supply spurred a 3.5% slump in the blockchain's native token (OP) on Tuesday.
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected
Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.
Inside the Orb: The Untold Story of Worldcoin’s Launch
Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.
Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Ethereum’s Buterin Expresses Concerns Over Sam Altman’s Worldcoin
Worldcoin’s identity system, “Proof-of-Personhood,” faces issues with privacy, accessibility, centralization, and security, according to Buterin.
Bitcoin Drops to $29K as WSJ Ratchets Up Binance Issues, China Warns of Tortuous Recovery
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
Through It All, the Bitcoin Mining Industry Looks Set for Growth
Though the Bitcoin halving will reduce rewards for miners, the prospects for the industry remain bright and innovations like Ordinals promise more demand for miner services in the future.
How Miners Are Preparing for the Next Bitcoin Halving
Bitcoin’s fourth “halving” next April poses miners with strategic questions around equipment, energy use and diversification. This story is part of CoinDesk's Mining Week 2023.
How Texas Became a Global Mecca for Bitcoin Mining
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the…