WLD Slides To New Lows As World Foundation Offloads $65M
A massive token unlock scheduled for late July could make things worse. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold Thailand authorities raided an iris-scanning site tied to Sam Altman’s World project last October. That was trouble enough. Now the foundation behind the biometric identity platform is selling its own token at a fraction of what investors paid less than a year ago — and the market is not taking it well. World Foundation disclosed Saturday that its token issuance arm, World Assets, completed an over-the-counter sale of WLD tokens worth $65....
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Bruce Fenton, Executive Director of the Bitcoin Foundation, presented to the wider public the slides and information that he was presenting at Inside Bitcoins NYC. The slides provide and reinforce information about what the Bitcoin Foundation is and what control they have over Bitcoin. Bruce Fenton: Inside Bitcoins NYC is going on now and I just made an important update. The attached PowerPoint covers my speech. The main key points are the transparency / governance initiatives being implemented now and the next projects for the future. Please let me know your thoughts and if this is the....
Ethereum is primed to move lower in the days ahead as the cryptocurrency slides below $570 for the first time in many days. ETH is expected to see weakness in the near term as it slides below key technical levels with Bitcoin. One crypto-asset analyst recently shared the chart below, noting that Ethereum is moving below range lows in the $570 region. He thinks that as long as ETH holds below $570, the bear case […]
The Wikimedia Foundation is now accepting bitcoin donations, according to a newly-published blog post on Wednesday. The news comes several months following the Foundation - which runs the web's most popular encyclopedia, Wikipedia - was mulling bitcoin acceptance, but was said to have reservations. Wikimedia Chairman Jimmy Wales has previously expressed interest in this digital currency, and he even accidentally started a fundraiser for the organization, collecting a sum of ten bitcoins in a short period of time. Lisa Gruwell, the Foundation's Chief Revenue Officer, writes: We're fortunate....
The Bitcoin Foundation today announced the appointment of two new officials to their global team. The first addition to the Foundation is Jim Harper of the Cato Institute, who's been serving as the director of information policy studies at the Institute since 2004. Harper will take on the role of Global Policy Counsel at the Foundation while becoming a Senior Fellow at the Cato Institute. The second addition is Amy Weiss, former White House Deputy Press Secretary, also the founder and head of Weiss Public Affairs. She will serve as a media consultant for the Foundation. "Bitcoin is rapidly....
Bitcoin has surged past the $117,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points. The move was widely anticipated, but it has now set the stage for what many analysts describe as a new phase for the crypto market. With lower borrowing costs and improved liquidity conditions, investors are […]