The Block
Quick Take Worldcoin’s developer, Tools for Humanity, wants to partner with PayPal and OpenAI, Bloomberg reports. However, it’s unclear how far along the partnerships are or what exactly would come of them. Nearly 5.1 million Worldcoin users in 120 countries scanned their irises in exchange for the cryptocurrency WLD.
Quick Take Aimie Killeen, previously the Chief Legal Officer of the software development firm Billtrust, joins Digital Currency Group in the same role. Killeen will join the company on May 1, augmenting DCG’s multinational legal operations, merger and acquisitions, compliance and governance.
Quick Take Natix, a DePIN project focused on mapping data, has raised $4.6 million ahead of its token launch and airdrop on Solana. The project has earmarked 1 billion tokens for airdropping to users.
Web3 gaming platform Immutable said it’s launching a gaming “rewards program” worth $50 million. Games involved include high-profile crypto titles like “Illuvium” and “MetalCore.”
Quick Take CryptoPunk #635 sold for 4,000 ETH ($12.41 million) on April 25. The sale is the sixth-most expensive CryptoPunk sale of all time and the third-most expensive one to happen in 2024.
Quick Take Franklin Templeton has enabled peer-to-peer transfers for its on-chain U.S. Government Money Fund. Represented by the BENJI token on Polygon and Stellar, the fund leads the tokenized U.S. Treasuries niche.
Movement Labs has raised $38 million in a Series A round led by Polychain Capital. The funding will be used to bring Facebook’s Move Virtual Machine to Ethereum.
A16z crypto’s CTO Eddy Lazzarin lambasted memecoins, saying they undermine crypto’s “long-term vision,” tarnish “how the public, regulators, and entrepreneurs” view the industry and serve as a casino “to a relatively small population.”6th Man Ventures co-founder Mike Dudas came to the defense of memecoins, which collectively have a market cap worth tens of billions of dollars.
According to Benchmark, MicroStrategy could become an S&P 500 company and boost its earnings by over $3 billion if it adopts new accounting rules.The investment banking firm’s Thursday research note held its MicroStrategy share price target at $1,875. The current share price is $1,265.
Quick Take Multiple exchanges are looking to trade options on the newly approved spot bitcoin ETFs, though they have been met with delays. The agency asked the public on Thursday questions such as whether options on spot bitcoin ETFs should follow the same rules as stocks.
