Today in Crypto News
It’s the first of the month, and big things are already happening in the crypto world.
Sam Altman has officially rolled out his iris-scanning crypto project, Worldcoin (WLD), in the U.S. The project is partnering with Visa to launch a debit card that converts WLD into fiat currency, making it easier to use crypto for everyday purchases. Starting this week, people in several U.S. cities can visit a Worldcoin Orb, scan their eyes, and receive WLD tokens—Worldcoin’s native crypto.
Meanwhile, Dan Nathan is raising red flags about Trump Crypto and World Liberty Financial, calling it a “perfect Ponzi.” He warns that despite being on the blockchain, the operations behind WLF are difficult to track and could collapse under scrutiny.
In legislative news, the North Carolina House has passed a bill allowing the state treasurer to invest a portion of state funds in approved cryptocurrencies. The bill now heads to the Senate. Other states are also looking to pass similar legislation to allow investment in Bitcoin and other digital assets.
Tether reported a record $1 billion profit in Q1, fueled by a surge of 46 million new wallets and a $120 billion bet on U.S. Treasuries. This marks a strategic shift toward traditional finance as Tether eyes a U.S. launch. April closed strong for the company, with a 32% monthly gain, its best performance since November. However, these bold moves have drawn both investor interest and increased regulatory scrutiny.
In other headlines:
- The crypto market is green today across most major coins.
- Blockaid is now powering Power Ledger’s new transaction check.
- Morpho has launched a new mini app within the World App ecosystem.
- aZen raised $1.2M to unify AI computing through decentralized infrastructure.
That’s a wrap on today’s top crypto headlines. Please remember: this is not investment advice—just news. Always do your own research before making any financial decisions.
Thank you for reading,
Crypto King