The Block

Quick Take The Worldcoin Foundation, a non-profit steward of the Worldcoin project, laid out its thinking around decentralization and gave a first look at its grant program. The blog posts come just a few weeks after Sam Altman, who is also a co-creator of Worldcoin, was dramatically fired and then reinstated as CEO of OpenAI.

Quick Take The design used to create tokens on Bitcoin — in response to a lack of native token support — is now being used to create tokens on other blockchains that already offer native support for tokens. Here’s a look at the impact of this and why this is happening.

Quick Take The word “bitcoin” appeared in 1,074 regulatory filings submitted to the SEC in November, the highest amount ever.

Helium Mobile’s service combines the peer-to-peer Helium Network, an internet-of-things project that uses the Solana blockchain, and a nationwide 5G network.

Quick Take The SEC said it was extending its timeline for a decision on the proposed fund by 45 days to Jan. 25.

Quick Take During a Tuesday hearing, Rep. Maxine Waters asked the SEC’s Valerie Szczepanik, who is the director of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), about the potential session.

Bitcoin short leveraged positions are at risk as the digital asset breaks through the $44,000 mark.

Quick Take Brazilian digital bank Nubank announced a partnership and integration with Talos in order to reduce the cost of crypto trading in South America’s largest nation.

Quick Take Sky Mavis, creator of the ‘Axie Infinity’ web3 game, announced a partnership with Singapore-based gaming developer Foonie Magus which will involve bringing new title ‘Apeiron’ to the Ronin blockchain. A demo of ‘Apeiron’ is available on the Epic Game Store.

Bitcoin futures indicate the market expects the digital asset’s price will appreciate in 2024, according to Deribit.