Sam Altman's World Brings Proof-of-Human Verification to Zoom, Tinder and Concert Ticket Sales

eToro's Nasdaq debut saw shares closing 29% higher, valued at $5.4 billion. The company generates revenue from trading fees and management fees on digital assets, with $12.4 billion revenue in 2024. Co-founder Yoni Assia views crypto as revolutionary for financial systems.

House Democrats have requested access to suspicious activity reports on President Trump's crypto ventures, including World Liberty Financial and the TRUMP meme coin, to investigate potential fraud and corruption. The letter also mentions concerns about political action committees and projects like the WLFI token sale.

According to computer scientist Adam Back, Bitcoin's price could potentially surge to $500,000 or even $1 million per coin in the current four-year cycle due to institutional investments and market dynamics. Back highlighted the approval of Bitcoin ETFs in the U.S. and the influx of new money into the crypto space.

Tether introduces QVAC, a platform enabling AI agents to run on personal devices without centralized data centers. Ardoino emphasizes the need for decentralized AI to empower society and challenge Big Tech's control over data and information.

Charles Hoskinson aims to promote peace in the crypto community by distributing Midnight tokens to 37 million users across eight blockchains. The Glacier Drop airdrop for Cardano's sidechain emphasizes a cooperative economic model for developers to build hybrid decentralized applications.

According to Bernstein analysts, Ethereum's recent surge is attributed to the increasing adoption of digital assets for purposes beyond store of value, as well as the rising interest from institutions and retail investors in blockchain and stablecoin payments. The note also highlights the potential for brokerages like Robinhood to offer tokenized equities on Ethereum's blockchain.

A $2,250,000 settlement has been agreed upon by Coinbase and Marden-Kane to resolve a class action lawsuit over a Dogecoin sweepstakes. The lawsuit, filed by a disgruntled customer, alleged false advertising in the promotion.

The Blockchain Association appointed outgoing CFTC commissioner Summer Mersinger as its new CEO, leaving her position early to lead the organization. Mersinger, known for supporting the crypto industry, will start her role on June 2, aiming to advance the industry's regulatory goals.

In January, European authorities conducted raids to dismantle a "mafia crypto bank," arresting 17 individuals and seizing weapons, real estate, and over €2.5 million. The criminal network, catering to human traffickers and the drug trade, handled more than €21 million and offered crypto services.

The 2024 UK Customer Report by CoinCorner reveals that 51% of customers have never sold their Bitcoin, opting for small, frequent purchases and larger sales during price surges. Demographics challenge stereotypes, with 56% of users aged 35-54, and London leading in user count and transaction volume.