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World, co-founded by OpenAI CEO Sam Altman, introduced a new World ID app for managing proof-of-human verification. The company also launched Concert Kit for artists to reserve tickets for verified humans, aiming to combat ticket scalping.
LATEST NEWS

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Coinbase disclosed a $400 million cybersecurity breach due to an overseas contractor's bribery, compromising sensitive user data. The company refused to pay $20 million in blackmail and set up a bounty for information on the criminals. The firm's stock will debut on the S&P 500 next week, while crypto firms Galaxy and eToro launched on the Nasdaq in recent days.

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Méliuz, a Brazilian fintech company, recently transformed into the first Bitcoin treasury company in South America by purchasing over $28 million worth of Bitcoin. This move caused its stock to surge by 26%, following the footsteps of other companies like MicroStrategy.

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Basel Medical Group, a publicly traded healthcare company, is in talks for a $1 billion Bitcoin investment to strengthen its balance sheet. The CEO stated this move would support their growth strategy in Asia while maintaining financial stability.

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Nyan Heroes, a Solana cat-themed hero shooter game, is closing due to funding issues despite attracting over one million players and planning a full game launch. The closure has negatively impacted the NYAN token, now down nearly 40% in value over the last day.

Coindesk
Christy Goldsmith Romero, a CFTC commissioner, will leave the agency at the end of the month. She highlighted the growth and stability of derivatives markets during her tenure, emphasizing the importance of reports and forums on finance issues.

Coindesk
World Liberty Financial's USD1 stablecoin, backed by U.S. Treasuries and fiat reserves, has integrated with Chainlink's CCIP to operate across multiple blockchains. The stablecoin, reaching $2 billion in market capitalization, was recently used as part of a $2 billion investment into crypto exchange Binance. Chainlink's infrastructure provides security for cross-chain movement.

bitcoinmagazine.com
Steak ‘n Shake has officially integrated Bitcoin payments via the Lightning Network, allowing customers to pay for meals with BTC at their locations across the United States. This move signifies a significant step in mainstream Bitcoin adoption, with the chain serving over 100 million customers annually.

Coindesk
World Liberty Financial, linked to President Donald Trump, defended itself against U.S. Senator Richard Blumenthal's scrutiny. In a letter, the company's lawyers said the firm is committed to building transparent financial infrastructure rooted in American values.

bitcoinmagazine.com
Heritage Distilling Holding Company, Inc. announced its decision to accept Bitcoin as payment and hold it as a strategic asset under a newly approved cryptocurrency treasury reserve policy. The move, part of a broader sales and treasury diversification strategy, positions Heritage as a pioneer in the craft spirits sector for integrating Bitcoin into its operations.

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A South Korean woman in her 40s has been sentenced to two years in prison for embezzling $500,000 in crypto and cash from her sleeping boyfriend. Despite returning most of the funds, the court found her guilty due to her prior fraud convictions.