A total of $1.7 billion worth of Ethereum (ETH) withdrawals from decentralized finance (DeFi) protocol Aave in the past week have caused …
identity
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Regulation
Scammer Drains $10,000,000 From IRS in International Tax Fraud and Identity Theft Scheme: DOJ
by shayaanby shayaanA scammer pleaded guilty after participating in a scheme that convinced the Internal Revenue Service (IRS) to pay out $10 million in …
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Each time we log in with a social media account or email provider, we hand over more than just credentials—we give up …
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Web3
From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs
by shayaanby shayaanAI-powered NFTs (iNFTs) aren’t just a technical upgrade—they represent a shift toward digital identity systems that actually serve the individual. As old …
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Adoption
Worldcoin launches US identity platform, partners with Visa and Tinder for digital ID expansion
by shayaanby shayaanWorld, formerly known as Worldcoin, has officially launched its identity verification platform in the United States, according to an April 30 statement. …
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Markets
PwC Italy, SKChain Advisors to Build Blockchain-Based EU Digital Identity Product
by shayaanby shayaanThe Italian division of PricewaterhouseCoopers (PwC) said is building a European Union (EU) digital identity product alongside blockchain consultancy firm SKChain Advisors. …
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Web3
Blockchain Identity Management Market Poised for 74.9 % Growth, Set to Hit $26.74 Billion by 2029
by shayaanby shayaanBlockchain Identity Management Market Size What combination of drivers is leading to accelerated growth in the blockchain identity management market?Escalating concerns regarding …
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The Solana Foundation nixed an ad widely criticized for being anti-queer late Monday, nearly nine hours after seemingly invoking the culture wars …
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Markets
Brian Armstrong Calls Memecoins ‘Canary in the Coal Mine,’ Predicts Tokenization of Identity, Songs, Votes and More
by shayaanby shayaanCoinbase CEO Brian Armstrong says that memecoins are the canary in the coal mine, foreshadowing a broader trend of the tokenization of …
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As we spend more time online—collecting digital goodies, and exploring virtual worlds—we might need better ways to prove who we are and …