• CoinDesk deal may be in final stages, Caroline Ellison’s private writings from the months leading up to Alameda and FTX collapse were uncovered in legal discovery process.
• Apple developing its own AI chatbot as an internal tool and Societe Generale subsidiary receives France’s first crypto services license.
• Worldcoin mainnet launches, WLD token soars 60% on major exchanges.
CoinDesk Deal in Final Stages
The $125M CoinDesk deal may be in its final stages with Caroline Ellison’s private writings from the months leading up to the Alameda and FTX collapses being uncovered through a legal discovery process.
Apple Develops AI Chatbot
Apple is developing its own AI chatbot as an internal tool, which will allow for improved customer service capabilities. Additionally, a Societe Generale subsidiary has received France’s first crypto services license, indicating that blockchain technology is becoming established within mainstream finance.
Terraform Labs Appoints New CEO
Terraform Labs has appointed Chris Amani as their new CEO to replace Do Kwon who led the business until now. This move signals Terraform’s commitment to diversifying their leadership team and ensuring that they stay ahead of the curve in terms of technological development.
Worldcoin Mainnet Launches
Worldcoin’s mainnet went live earlier today, July 24th, airdropping the WLD token to early community members. The launch has caused a surge in price of over 60%, with WLD currently trading for around $2.50 according to data from Coingecko. The project aims at creating a digital identity network (World ID) built on proof of personhood and enabling global democracy through decentralization.
Conclusion
These recent developments demonstrate how blockchain technology continues to evolve rapidly and gain traction within mainstream finance as well as tech firms such as Apple investing heavily into this space with the development of their own AI chatbot tools.