Cryptocurrency

19 Nov 23

Crypto, Venmo, NFTs, Tokens: Where Is Money Going?

Electrical, Electronics & Instrumentation, Mechanical, Production & Manufacturing

When was the last time you thought about money? Sure, you pay your monthly bills—and budget and track of all relevant balances. But how often do users of money allow themselves to wonder about the nature of the medium of exchange the world is built around? Rachel O’Dwyer, a lecturer…

29 Aug 23

Worldcoin Launched. Then Came the Backlash

Computer & Information Technology

The controversial cryptocurrency-cum-biometric identification project Worldcoin finally launched last month and now boasts more than two million sign-ups. But the scheme has attracted scrutiny from regulators in several countries, suggesting that its mission to become the world’s arbiter of digital identity could face a rocky road. Cofounded by OpenAI CEO…

15 Jun 23

U.S. SEC Puts Cryptocurrency Future In Crosshairs

Computer & Information Technology

The future of the U.S. cryptocurrency industry hangs in the balance after the Securities and Exchange Commission (SEC) sued cryptocurrency exchanges Binance and Coinbase. The cases hinge on the technology’s ambiguous legal status, but if the SEC wins the outcome may well not be ambiguous at all. Some outcomes could…

22 Mar 23

“Web3 Is Going Just Great” Creator On Why It Isn’t

Computer & Information Technology

In mid-2021, the term “Web3” suddenly exploded into the public consciousness. As people scrambled to figure out what it was—cryptocurrencies? blockchain? nonfungible tokens?—venture capital firms were pouring money into new startups, over US $30 billion before the year was out. Meanwhile, Molly White, a software engineer, started reading up on…