Today’s Insider ⬇️
👁Reddit iris-scan verification? Reddit is exploring Worldcoin's biometric technology for user verification.
🏃♂️💨Stablecoin race intensifies: Wyoming shortlists 11 blockchain firms for its WYST Stablecoin.
📍Crypto market expansion: Leading crypto exchange, Coinbase secures MiCA license to serve European users.
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $103,763 | -2% | +63% |
Ethereum | $2,435 | -4.63% | -29% |
Solana | $141 | -4.32% | +7.85% |
XRP | $2.13 | -1.44% | +338% |
S&P 500 | $5,967 | -0.22% | +1.47% |
Gold | $3,368 | -0.08% | +28% |
1. Reddit is Exploring Worldcoin's Biometric Tech to Combat Bot Commentary
Reddit goes on blockchain: Reddit is reportedly exploring Worldcoin’s iris-scanning tech to verify users’ humanity while maintaining anonymity.
🔎 Insider Insight: By considering biometric verification, Reddit aims to combat bots and AI-generated content amid rising concerns about fake accounts. Worldcoin’s system could provide a balance between preserving Reddit’s pseudonymous culture and enhancing platform security, though privacy and ethical concerns remain significant challenges.
Top Crypto Insider Pick of 2025
BlockchainFX (BFX)’s ‘Super Trading App’ is Attracting Growing Interest.
The presale market is known to be the hub of the most underrated crypto coins. While this is not surprising, this presale star has managed to stand out for its innovative appeal. Notably, BlockchainFX (BFX) features a super trading app that allows users to trade diverse digital assets, including cryptocurrencies, forex, stocks, indices, and commodities, all in one place.
What’s unique about the project? The presale project boasts several unique attributes, including its reward-laden ecosystem and exclusive presale benefits such as a custom BFX Visa Card and up to $25,000 in trading credit.
🔎 Insider Insight: BlockchainFX offers users the convenience of instantly swapping between crypto and traditional assets, converting to cash, and spending on the go with their custom BFX Visa Card. With a low entry price of $0.0145, positive expert reviews, and exclusive perks like daily USDT rewards, BlockchainFX is a top crypto pick for high returns.
What year did Bitcoin officially surpass $1 in value for the first time?
2. Wyoming’s WYST Stablecoin Plans Could Spark New Trend.
Wyoming stablecoin plan in motion: Wyoming has named 11 blockchain finalists, including Aptos, Arbitrum, and Sei, to power its US dollar-backed WYST stablecoin, set for launch this summer.
🔎 Insider Insight: WYST’s launch positions Wyoming as a trendsetter in government-backed stablecoins, leveraging LayerZero for interoperability. While the selection process raised concerns over scoring consistency, the initiative marks a significant step toward crypto adoption in public finance.
3. Coinbase Finally Secures MiCA License to Serve European Users.
Coinbase enters Europe: Coinbase has secured a Markets in Crypto Assets (MiCA) license, enabling it to operate across all 27 EU member states under a unified regulatory framework.
🔎 Insider Insight: The MiCA license positions Coinbase as a leader in regulatory compliance, allowing seamless access to 450 million Europeans. This milestone further reflects Europe’s proactive approach to crypto regulation, aiming to foster innovation while ensuring consumer protection and financial stability.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
