WAO ART #425

TON Society has announced a biometric proof-of-personhood program using palm scanning technology. The program aims to verify the identities of TON Society members and reward them for participating. Humancode will provide the biometric engine for the program, using mobile phone cameras.

Argentina's economy is in crisis, with inflation soaring to 288% since March last year. Foreign tourists are turning away from Argentina due to financial instability and rising costs. Supermarkets in Argentina are imposing limits on shoppers as prices increase in U.S. dollar terms.

The Australian Securities and Investment Commission has started legal procedures against two crypto companies and their directors for operating unlicensed in the country. Allegedly, the companies participated in an elaborate scheme that resulted in the loss of AU$ 160 million, worth $104 million, from investors.

Bitcoin dominance reaches a 3-year high as altcoins face renewed price pressure. BTC price dip causes altcoins to suffer more, with many top cryptocurrencies falling over 15%. Bitcoin's market share in the crypto market spikes to 56.3%.

Reddit co-founder suggests that blockchain technology and AI are on a path to converge and amplify each other’s capabilities. Alexis Ohanian, one of the co-founders of Reddit, has been spreading a notion that proposes the possibility of a collision between blockchain technology and artificial intelligence (AI).

TOKEN2049 Dubai conference has sold out with 10,000 attendees. The event is a global meeting place for crypto and Web3 industry professionals. Headline speakers include Pavel Durov, Bryan Johnson, Balaji Srinivasan, and Richard Teng.

Emmanuel Darko is the CEO of CPayant, a blockchain-powered platform for remittance in Africa. Darko's personal frustration with receiving pocket money while studying in Ghana led him to find solutions for easier remittance processes. CPayant focuses on intra-African transactions.