Crypto News Roundup for July 24, 2023 📰

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24 Jul 2023

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Welcome to Crypto News Roundup, where I bring you the latest and most exciting news from the world of cryptocurrencies.

Today, I have some amazing stories to share with you, ranging from a new token launch by a prominent AI leader, to a rebranding of a popular social media platform, to a call for banning CBDCs by a US congressman, and to a dark web murder plot involving Bitcoin.
Let’s dive in!

1️⃣ Worldcoin Launches WLD Token with Over Two Million Sign-Ups 🚀

Worldcoin, a project created by OpenAI CEO Sam Altman, has announced the launch of its WLD token on July 24. The WLD token is the project’s ecosystem token and will be distributed to more than two million people around the world. The token is currently listed on multiple crypto exchanges such as Binance, Huobi, Bybit and OKX. The price of the WLD token has already surged by 88% after the exchange listings.

2️⃣ Elon Musk Rebrands Twitter to X ❌

In other news, Elon Musk has announced that he is officially rebranding Twitter to ‘X’ - his previously announced all-in-one social media app. The rebranding has already seen the app’s popular blue bird logo replaced with a simple ‘X’ symbol. The rebranding also saw the social media app change its color scheme from blue to black.

Twitter CEO Linda Yaccarino stated that “X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine”.

3️⃣ Congressman Warren Davidson Calls for Ban on CBDCs ❗️

In political news, United States Republican Representative Warren Davidson has published a tweet urging Congress to ban CBDCs and criminalize their development. Congressman Davidson stated that CBDCs act as a tool for coercion and control and accused the Federal Reserve of “building the financial equivalent of the Death Star”.

Notably, Congressman Davidson’s tweet came in response to a position advertised by San Francisco’s Federal Reserve Bank for a “senior crypto architect” to work on a CBDC project.

4️⃣ Nevada Woman Sentenced for Hiring Hitman with Bitcoin 👮‍♂️

In crime news, Kristy Lynn Felkins, a 38-year-old Nevada woman, has been sentenced to five years in prison after being found guilty of trying to pay a hitman on the dark web with Bitcoin to kill her ex-husband. Felkins had attempted to use the services of the site called ‘Besa Mafia’ to hire the assassin by paying 12 BTC for the job back in 2016.

However, the platform turned out to be a scam site and no harm fell upon her husband. Felkins had reportedly been after her ex-husband’s “retirement, house and possibly a large life insurance payout” which she stood to gain after his death.

Conclusion

That’s all for today’s Crypto News Roundup! I hope you found this information useful and engaging. Stay tuned for more updates in the world of crypto! 🌎

Sources:

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