ZK identity project Holonym acquires Gitcoin Passport for $10M
Holonym, a leading technology company, has recently announced its acquisition of a cutting-edge digital identity platform. This strategic move will allow Holonym to expand its services and offer a rebranded version of the platform, known as the Human Passport, to users globally.
The Human Passport is a revolutionary digital identity solution that aims to streamline and secure the way individuals verify their identity online. With the rise of digital transactions and interactions, the need for a reliable and secure digital identity has become more crucial than ever. The Human Passport offers a comprehensive solution to this problem, providing users with a secure and convenient way to verify their identity and access various online services.
The acquisition of this innovative platform aligns perfectly with Holonym’s mission to empower individuals and businesses with cutting-edge technology. With the Human Passport, Holonym will be able to offer its users a seamless and secure experience, whether it’s for online banking, e-commerce, or any other digital service.
The rebranded Human Passport will also feature enhanced security measures, such as biometric authentication and advanced encryption, to ensure the protection of users’ personal information. This will give users peace of mind knowing that their digital identity is safe and secure.
Moreover, the Human Passport will be available to users worldwide, making it a truly global solution. This will not only benefit individuals but also businesses that operate on an international scale, as they will be able to verify the identity of their customers easily and securely.
Holonym’s acquisition of the Human Passport is a significant step towards revolutionizing the way we verify our identity online. With this cutting-edge technology, individuals and businesses can enjoy a seamless and secure digital experience. Stay tuned for more updates on the rebranded Human Passport and its exciting features.
Ethereum short positions surge 500% as hedge funds bet on decline
Ethereum, the second largest cryptocurrency by market capitalization, has been struggling to regain its footing after a recent price drop. While many investors and analysts are hopeful for a recovery, some are concerned about the lack of fundamental blockchain activity that could hinder a potential price increase.
According to analysts interviewed by Cointelegraph, Ethereum’s price may continue to struggle until there is a significant increase in blockchain activity. This is because the value of a cryptocurrency is often tied to its utility and usage, and without a strong demand for Ethereum’s blockchain services, its price may remain stagnant.
One of the main factors contributing to the lack of blockchain activity on Ethereum is the rise of competing platforms. As more and more blockchain projects emerge, they are often built on their own unique platforms, rather than using Ethereum’s network. This means less demand for Ethereum’s services and a potential decrease in its value.
Additionally, the recent surge in popularity of decentralized finance (DeFi) has also had an impact on Ethereum’s blockchain activity. Many DeFi projects are built on Ethereum, but they often require a large amount of gas fees to be paid in order to use the platform. This has led to a decrease in transactions on the Ethereum network, as users are deterred by the high fees.
However, not all hope is lost for Ethereum. Some analysts believe that the upcoming Ethereum 2.0 upgrade, which promises to improve scalability and reduce gas fees, could bring about a resurgence in blockchain activity and ultimately lead to a price recovery.
In the meantime, investors and traders should keep a close eye on Ethereum’s blockchain activity and any developments related to the Ethereum 2.0 upgrade. These factors could provide valuable insights into the future price movements of this popular cryptocurrency. As always, it is important to do thorough research and carefully consider all factors before making any investment decisions.
How AI agents can turbocharge Community Notes on X and Facebook
Artificial intelligence (AI) has been making waves in the financial world, and it’s not just limited to trading and investment decisions. AI is now being used to predict the success of new markets, and one company is taking it a step further by using AI to predict the success of smaller markets worth $1 to $2.
David Minarsch, the CEO of Olas Predict, believes that AI agents can accurately predict the potential of these smaller markets, giving them a head start in getting online and gaining traction. This could be a game-changer for smaller businesses and entrepreneurs who often struggle to compete with larger, more established markets.
Olas Predict has developed a sophisticated AI system that analyzes market data and trends to make accurate predictions. By using this technology, they have been able to successfully predict the success of various markets, including some worth millions of dollars.
But why focus on smaller markets? According to Minarsch, these markets often have a shorter lifespan and can be more volatile, making it difficult for traditional market analysis methods to accurately predict their success. By using AI, Olas Predict can provide valuable insights and predictions that can help these markets get online and thrive.
This technology could have a significant impact on the economy, as it could potentially create more opportunities for smaller businesses and entrepreneurs. It could also lead to more diverse and innovative markets, as AI agents can identify potential success in markets that may have been overlooked by traditional methods.
In addition to predicting market success, Olas Predict also offers a platform for these smaller markets to connect with investors and gain funding. This could be a game-changer for startups and small businesses, as it can be challenging to secure funding without a proven track record.
With the rise of AI in the financial world, it’s exciting to see how it can be used to support and empower smaller markets. Olas Predict is leading the way in this field, and their innovative approach could have a significant impact on the future of markets and businesses.
Binance co-founder clarifies token listing process amid TST controversy
Binance, one of the world’s leading cryptocurrency exchanges, has recently come under scrutiny for its token listing criteria. This was sparked by the sudden surge in value of the TST token, which was listed on Binance and saw a brief rally to a staggering $489 million. This unexpected rise in value was largely attributed to social media hype and speculation, raising concerns about the exchange’s token listing process.
Binance has been known for its strict and selective approach to listing new tokens on its platform. This has been seen as a way to maintain the integrity and credibility of the exchange, as well as protect its users from potential scams and fraudulent projects. However, the sudden surge in value of the TST token has raised questions about the effectiveness of Binance’s listing criteria.
The TST token, which is the native token of the TestaNet platform, saw a massive increase in value after being listed on Binance. This was largely due to the hype and speculation surrounding the project on social media platforms. Many investors were caught up in the frenzy and rushed to buy the token, hoping to make a quick profit. However, the sudden rise in value was short-lived and the token’s value quickly plummeted, leaving many investors at a loss.
This incident has brought to light the potential flaws in Binance’s token listing process. While the exchange has strict criteria in place, it seems that social media hype and speculation can still have a significant impact on the value of a listed token. This raises concerns about the reliability and stability of tokens listed on Binance, and the potential risks for investors.
In response to these concerns, Binance has stated that it will be reviewing its token listing criteria and making necessary adjustments to prevent similar incidents from occurring in the future. The exchange has also reminded its users to always conduct thorough research and due diligence before investing in any cryptocurrency, regardless of its listing on Binance. This serves as a reminder to investors to be cautious and not get caught up in hype and speculation, as it can lead to significant losses.
Central African Republic ‘CAR’ memecoin info pages plagued with phishing links
As the world of cryptocurrency continues to expand, new and unique coins are constantly being introduced to the market. One such coin that has recently gained attention is the Central African Republic memecoin. However, investors should be cautious when researching this coin, as there have been reports of malicious links associated with it.
The Central African Republic memecoin, also known as CARcoin, is a digital currency that was created as a joke by a group of internet users. It features a meme of the country’s president, Faustin-Archange Touadéra, on its logo and has gained a small following among meme enthusiasts. However, the coin has also sparked controversy due to its use of the country’s name and image without permission.
As with any new coin, investors are eager to learn more about the Central African Republic memecoin and its potential for growth. However, they should be cautious when conducting their research. There have been reports of malicious links being shared on social media and cryptocurrency forums, claiming to provide information about the coin. These links may lead to phishing scams or malware that can compromise personal information and cryptocurrency wallets.
To avoid falling victim to these scams, investors should only rely on reputable sources for information about the Central African Republic memecoin. This includes official websites and social media accounts of the coin’s creators, as well as trusted cryptocurrency news outlets. It is also important to be cautious when clicking on links and to always verify the source before providing any personal information.
While the Central African Republic memecoin may seem like a fun and unique investment opportunity, it is important for investors to be aware of potential risks and to conduct thorough research before making any decisions. By staying informed and cautious, investors can protect themselves from falling prey to malicious links and scams.
Michael Saylor’s Strategy bags first Bitcoin purchase under new name
MicroStrategy, a leading business intelligence firm, has made headlines once again with its recent purchase of 7,633 Bitcoins. This move comes just days after the company’s rebranding from “MicroStrategy” to “Strategy”, signaling a new era for the company.
The decision to invest in Bitcoin is not a new one for Strategy. In fact, the company has been a strong advocate for the cryptocurrency since its initial purchase of 21,454 Bitcoins in August 2020. This bold move made Strategy the first publicly traded company to invest in Bitcoin as part of its capital allocation strategy.
But why is Strategy so bullish on Bitcoin? The answer lies in the company’s belief in the long-term potential of the cryptocurrency. In a recent statement, Strategy’s CEO Michael Saylor stated, “We believe that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.”
This sentiment is shared by many in the business world, as more and more companies are starting to see the value in diversifying their portfolios with Bitcoin. With its limited supply and increasing demand, Bitcoin has proven to be a resilient asset, even during times of economic uncertainty.
Strategy’s latest purchase of 7,633 Bitcoins brings their total holdings to a staggering 38,250 Bitcoins, worth over $1.3 billion at the time of writing. This significant investment not only showcases the company’s confidence in Bitcoin, but also serves as a strong message to other businesses to consider adding the cryptocurrency to their investment strategies.
As the world continues to embrace digital currencies, it’s clear that Strategy is at the forefront of this movement. With its bold moves and unwavering belief in the potential of Bitcoin, the company is setting itself up for success in the ever-evolving world of finance.
Ether ETPs outpace Bitcoin in crypto inflows for the first time in 2025
The cryptocurrency market has been experiencing a surge in popularity and adoption, with more and more investors flocking to digital assets. This trend is evident in the recent data from CoinShares, which shows a significant increase in inflows for altcoins, particularly Ether, while Bitcoin inflows continue to decline.
According to the data, Ether and other altcoins have seen a massive week of ETP (exchange-traded product) inflow, indicating a growing interest in these alternative cryptocurrencies. This surge in inflows for altcoins is a clear indication that investors are diversifying their portfolios and looking beyond the traditional cryptocurrency leader, Bitcoin.
This shift in investor behavior can be attributed to the growing awareness and understanding of the potential of altcoins. While Bitcoin remains the most well-known and established cryptocurrency, altcoins offer unique features and use cases that make them attractive to investors. For example, Ether is the native token of the Ethereum blockchain, which is widely used for decentralized applications and smart contracts. This utility and demand for Ether have contributed to its recent surge in value and investor interest.
On the other hand, Bitcoin inflows have been on a decline, which could be a result of the recent market volatility and uncertainty surrounding the cryptocurrency. However, this does not necessarily mean a lack of interest in Bitcoin, as it still remains the largest and most valuable cryptocurrency in the market.
Overall, the data from CoinShares highlights the growing diversification in the cryptocurrency market, with investors showing a keen interest in altcoins alongside Bitcoin. This trend is a positive sign for the overall growth and adoption of digital assets, as it indicates a more mature and diverse market. As the cryptocurrency market continues to evolve, it will be interesting to see how this trend of altcoin inflows and Bitcoin outflows will impact the market in the long run.
Bitcoin holds $95K support despite heavy selling pressure
Bitcoin continues to hold strong above $95,000, despite facing its biggest selling pressure since 2022. This resilience is a testament to the growing maturity and stability of the cryptocurrency market. However, experts warn that a break below the $93,000 support level could trigger a cascade of liquidations, potentially amounting to a staggering $1.7 billion.
The recent surge in selling pressure can be attributed to growing concerns over the ongoing trade war between the United States and China. As tensions between the two economic powerhouses escalate, investors are turning to Bitcoin as a safe haven asset. This has led to a surge in demand for the cryptocurrency, driving its price to new heights.
Despite the potential risks, many analysts remain bullish on Bitcoin’s long-term prospects. They believe that the current dip in price is merely a temporary setback and that the cryptocurrency will continue to see significant growth in the coming months. In fact, some experts predict that Bitcoin could reach $100,000 by the end of the year.
One of the key factors driving Bitcoin’s price is its limited supply. With only 21 million Bitcoins in existence, the cryptocurrency is highly sought after by investors looking to diversify their portfolios. This scarcity, combined with increasing adoption and mainstream acceptance, has created a perfect storm for Bitcoin’s continued success.
While the trade war may be causing some short-term volatility in the market, it is also highlighting the potential of Bitcoin as a hedge against economic uncertainty. As traditional markets continue to be impacted by global events, more and more investors are turning to cryptocurrencies like Bitcoin as a way to protect their wealth.
In conclusion, while the recent selling pressure may be cause for concern, it is important to remember that Bitcoin has weathered many storms in its relatively short existence. With its strong fundamentals and growing adoption, it is likely that Bitcoin will continue to thrive and prove itself as a valuable asset in any investor’s portfolio.