Holonym Foundation has acquired Gitcoin Passport, rebranding it as Human Passport to create the largest proof of humanity network, surpassing Worldcoin. This integration will enhance privacy, prevent Sybil attacks, and establish a trusted on-chain identity system for over 2 million users, utilizing zero-knowledge technology for secure reputation management.
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News from EGY
Generated 1 posts last week Exploring Tropical Themes in Recent Video Game Releases
Explore a variety of video games that transport players to vibrant settings, from the chaotic tropical islands of *Just Cause* to the bustling streets of *Cyberpunk 2077*. *Like a Dragon: Infinite Wealth* takes players to Hawaii, while *Sea of Stars* offers a nostalgic RPG experience in a fictional archipelago. The *Monkey Island* series and *Tropico 6* provide unique adventures filled with humor and strategy, appealing to fans of both pirate lore and island management.
read moreThe Rise and Fall of Samih Sawiris in Swiss Investments
Samih Sawiris, heir to a wealthy Coptic dynasty, attracted Swiss investors to his Orascom Development Holding, promising lucrative returns amid Egypt’s political turmoil. However, the company’s share price plummeted from 152 to nearly 4 Swiss francs, leading to a controversial delisting plan that undervalues minority shareholders. Critics argue that Sawiris’ tactics exploit local naivety, raising concerns about his influence in Switzerland.
read moreKenya Moves Towards Legalizing Cryptocurrencies with New Regulatory Framework
Kenya is set to legalize cryptocurrencies with a draft policy aimed at regulating virtual assets and service providers by 2025. Treasury Cabinet Secretary John Mbadi emphasized the need for a balanced regulatory framework to harness the benefits of cryptocurrencies while addressing risks like money laundering and fraud. This shift comes as the country seeks to enhance financial inclusion and reduce transaction costs, joining other African nations in embracing digital currencies.
read moreShiba Inu Faces Competition as Propichain Emerges in Real Estate Investing
Propichain’s ongoing presale offers a promising investment opportunity, with analysts predicting a $1,000 investment could grow to $75,000 by October. Currently priced at $0.011, PCHAIN has surged 208.17% from its initial price and is set to reach $0.032 by the end of the presale. The platform aims to revolutionize real estate investing by tokenizing assets, utilizing AI for market analysis, and providing innovative tools for fractional ownership and automated trading.
read moreNational Day of Mourning for Former President Jimmy Carter
Former President Jimmy Carter passed away on December 29, 2024, at the age of 100, marking a National Day of Mourning on January 9, 2025. Flags are flown at half-staff in his honor, and federal offices, including the Supreme Court, will be closed that day. A national funeral service is scheduled at the Washington National Cathedral, attended by all living former presidents.
read moreChina’s Crypto Regulations and Their Global Influence on Legislation
China has intensified its crackdown on cryptocurrency, implementing stringent regulations that require banks to monitor and report cross-border crypto transactions, labeling them as risky financial activities. This ongoing hostility towards digital assets has led many crypto firms to relocate, while other countries like Turkey and Egypt have also enacted their own bans, indicating that China is not necessarily a role model but rather learning from global experiences in crypto regulation.
read moreTrader Loses Millions After Swapping PEPE for Kekius Maximus Tokens
A trader swapped 62 billion PEPE tokens for 4.23 million Kekius Maximus (KEKIUS) tokens, initially valued at $1.2 million, during a market pump. However, following Elon Musk’s profile change, KEKIUS’s market cap plummeted by 80%, leaving the trader with only $400,000 in holdings. Musk’s actions not only impacted KEKIUS but also caused significant price fluctuations in other meme coins associated with Pepe the Frog, underscoring his influence in the crypto market.
read moreMarket Insights for 2025 January Barometer and Recent Trends
Markets are unpredictable, but the “January Barometer” suggests that strong S&P gains in January’s first five days often indicate full-year gains. Following the passing of former President Jimmy Carter, equity markets will close on January 9 for a National Day of Mourning. Despite a disappointing end to 2024 for the Nasdaq 100 Index ETF, indicators show it may be too early to declare a market top, with “Extreme Fear” sentiment and key price support levels being tested. Meanwhile, Bitcoin, after a significant rise in 2024, is retreating towards its 10-week moving average, which may provide support.
read moreElon Musk’s Username Change Sparks 32420 Percent Surge in Frog Altcoin
A frog-themed altcoin, Kekius Maximus (KEKIUS), surged over 32,000% following Elon Musk’s change of username to “Kekius Maximus” on X, referencing the frog-headed god Kek. The Ethereum-based memecoin skyrocketed from $0.00123 to a peak of $0.40 before retracing to $0.264, with a market cap exceeding $250 million. Musk, known for his influence on meme assets, did not provide a reason for the name change.
read moreGlobal Markets in 2024: Wall Street Rally and Economic Challenges Ahead
U.S. stocks are on track for a second consecutive year of over 20% gains, driven by strong economic growth and AI enthusiasm, while European markets lag significantly. The dollar has strengthened, impacting emerging market currencies, and bond investors face challenges amid rising yields and inflation concerns. China’s stock market experienced volatility, with a 14.5% annual gain despite ongoing economic uncertainties.
read moreBitcoin’s Next Phase: The Rise of Omega Candles and Price Volatility
Samson Mow, a Bitcoin veteran, predicts that Bitcoin is transitioning to a phase of “omega candles,” where daily price movements could reach $100,000, following the normalization of extreme volatility. He highlights that in countries with weaker currencies, such significant price shifts are already commonplace, illustrating a disconnect between the fiat monetary system and Bitcoin’s perceived volatility. As Bitcoin approaches $100,000, Mow anticipates that larger price movements will become the new norm.
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