#identity

ENS Labs, the creators of the Ethereum Name Service (ENS), have announced a technical partnership with the Linea blockchain team to develop Namechain—a dedicated network designed to expand the possibilities of decentralized identity.

On October 29, 2024, venture crypto fund DWF Labs confirmed it had dismissed a partner after allegations surfaced accusing him of attempting to use a date rape drug. Although the company did not disclose the partner’s identity, co-founder Eugene Ng’s name was soon removed from the organization’s website following the announcement.

On October 3, HBO revealed its upcoming documentary “Money Electric: The Bitcoin Mystery”. According to Politico, HBO claims to have identified the true Satoshi Nakamoto and plans to unveil their findings in the film, which is set to air on October 8.

These projects are the digital identity platform Mocaverse and the token developers, the MOCA Foundation.

LedgerPrime, previously a hedge fund within the collapsed crypto exchange FTX, has made a comeback under the new banner of MNNC Group, now officially registered in the Cayman Islands. Shiliang Tan, a principal partner, announced that not only has the group reclaimed most of its investor base, but it has also attracted a hefty investment sum in the process.

X (Twitter) is actively seeking a financial-data giant to collaborate on building a trading hub within its app. The request for plans emphasizes the importance of real-time information, particularly in the realm of investing. The company aims to offer financial content, real-time stock data, and other related features to enhance user experience. Reminding that Elon Musk envisions the platform as a Western super-app akin to WeChat in China, Gojek in Indonesia, Grab in Singapore, and Gozem in Africa. Such super-apps integrate various consumer services like food delivery, ride-hailing, payments, investing, and identity authentication into a single app, providing a comprehensive user experience.

A team of experienced developers, including co-founders of Lido Finance, is planning to introduce a blockchain-based identity platform called Y.

On October 8, HBO launched the documentary “Money Electric: The Bitcoin Mystery,” directed by Cullen Hoback. The film’s most sensational claim was that the likely identity of Bitcoin’s elusive creator, Satoshi Nakamoto, is developer Peter Todd.

In the upcoming HBO documentary Money Electric: The Bitcoin Mystery, premiering on October 8, acclaimed director Cullen Hoback embarks on a deep investigation to uncover the truth behind the creation of Bitcoin (BTC) and the mysterious identity of Satoshi Nakamoto.

A federal court in Brooklyn has sentenced former investment banker Rashawn Russell to 41 months in prison for his involvement in a cryptocurrency fraud scheme and identity theft. Investors suffered losses of approximately $1.5 million, which Russell must now repay.

Civic, a project for blockchain-based identification, has released a tangible card aimed at validating users' identities. This card will integrate into the broader Civic ID system, serving as a deterrent against AI-facilitated fraud on various platforms during identity checks.

At a recent court hearing, Daniel DeMorgan, Craig Wright's sister, made a striking claim: she recalled seeing Wright dressed as a ninja and later working amidst numerous computers. According to her, this experience confirms that her brother is none other than Bitcoin's creator, Satoshi Nakamoto.

Offering a deal of $10 million, Justin Sun has reached out to the hacker behind the Poloniex cryptocurrency exchange breach to recover the stolen funds. Sun asserts that the hacker's identity is no secret, with international law enforcement ready to intervene following a formal complaint from the exchange.

Brazil's Central Bank has officially christened its digital currency as 'Drex', moving away from its previous moniker, the digital real. The visual identity of Drex has also been released, featuring two arrows, with one integrated into the uppercase 'D', illustrating the transition of Brazil's conventional fiat currency to its digitalized form. Does the green hue symbolize perpetual growth?

Ethereum co-founder has raised four primary concerns of Worldcoin: privacy, accessibility, centralization, and security. While Worldcoin's Proof-of-Personhood (PoP) system is designed to authenticate unique users without revealing personal data, Buterin warns that any data leak could lead to misuse of identity information. He also points out that accessibility is an issue, as participation requires physical access to a device called "Orb," potentially limiting the project's reach. Lastly, he mentions security risks such as phone hacking and coercion to scan irises. Despite these concerns, Buterin does see the value in the concept of Worldcoin, and suggests a combination of social-graph-based, general-hardware biometric, and specialized-hardware biometric techniques as a potential solution.