From the launch of Worldcoin’s Orb Mini and U.S. expansion to a class action against Nike’s crypto venture and the upcoming crypto trading on E*Trade, here is a roundup of the top crypto stories you may have missed.
World Orb Mini and US Launch
Tools for Humanity, the startup behind the Worldcoin project, unveiled a new portable device called the Orb Mini, designed to verify whether someone is human or an AI agent. Debuting at the company’s “At Last” event in San Francisco, the Orb Mini builds on its existing Orb technology by offering a smartphone-sized device aimed at scaling human verification through biometric eye scans, creating a unique blockchain-based ID. The device’s exact functionality remains unclear, but its core purpose is to expand user verification efforts.
In addition, Worldcoin officially launched in the U.S., expanding into six major cities with thousands of Orb iris scanners. The iris scanning activities are deployed in Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco.
FTX Legal Actions
FTX launched legal proceedings to recover tokens and cryptocurrencies owed by uncooperative issuers, after failed attempts at amicable resolution. The lawsuits target companies like NFT Stars Limited and Delysium. The firm urges issuers to engage in constructive dialogue, warning that continued noncompliance will lead to further legal actions and reputational risks.
Messika Integrates Crypto Payments
Parisian fine jeweler Messika integrated cryptocurrency payments globally across its boutiques and online store, allowing customers to pay with Bitcoin, Ethereum, USDT and Solana through a partnership with Lunu Pay. The system enables instant, fee-free crypto-to-fiat conversions.
Lawsuit vs. Nike Crypto Business
Nike is facing a proposed class action lawsuit in New York federal court from purchasers of Nike-themed NFTs and crypto assets, who claim they suffered major financial losses after the company abruptly shut down its RTFKT unit in December 2024.
The plaintiffs, led by Australian resident Jagdeep Cheema, argue that Nike misled buyers by selling what they allege were unregistered securities and then “pulling the rug” on the project, causing NFT demand to collapse.
The lawsuit seeks over $5 million in damages for alleged violations of consumer protection laws in multiple U.S. states. Nike had acquired RTFKT in 2021 as part of a push into digital collectibles and web3 innovation.
WLFI Partners with Pakistan Crypto Council
World Liberty Financial, a crypto firm backed by U.S. President Donald Trump and his family, signed a letter of intent with the Pakistan Crypto Council to support the country’s growing crypto ecosystem. The partnership aims to launch regulatory sandboxes, promote stablecoin use in remittances and trade, and explore decentralized finance and real-world asset tokenization.
Peaky Blinders Blockchain Game
The hit TV series Peaky Blinders is being adapted into a blockchain-based video game, scheduled for release in 2026. The game is being developed by Anonymous Labs in collaboration with Banijay Rights.
The game will offer an immersive post-World War I Birmingham setting, interactive action experiences and tokenized in-game currency. While specific details about the blockchain network, economic structure and gameplay mechanics remain undisclosed, the project aims to expand the Peaky Blinders universe into the Web3 space and offer fans a new digital entertainment experience.
Ghana to Regulate Crypto by September
Ghana’s central bank is preparing to regulate cryptocurrency and related platforms by September 2025, according to Bank of Ghana Governor Johnson Asiama. The initiative hinges on the passage of the Virtual Asset Providers Act and includes the creation of a dedicated digital assets unit within the bank.
IRL Black Mirror Story?
A licensed cryptocurrency inspired by Netflix’s Black Mirror is set to launch, featuring an interactive experience built on the KOR Protocol. The project introduces Iris, a virtual assistant that tracks user behavior and assigns reputation scores, reflecting the show’s themes of surveillance. Users with higher scores will earn airdrops and rewards based on their engagement with decentralized communities and social media platforms.
Participants will use a Social ID Card NFT to track their behavior and reputation, unlocking rewards and influence over storylines. The experience also includes upcoming features such as AI coaching, dynamic quests and interactive mini-games. Users can join by connecting an Ethereum or Solana wallet, though the specific blockchain for the token has not been revealed. More than 13,000 reputation IDs have already been claimed.
Morgan Stanley Builds a Crypto Trading Feature for E*Trade
Morgan Stanley is preparing to introduce cryptocurrency trading on its E*Trade platform, aiming for a 2026 launch. The investment bank is currently exploring partnerships with crypto-native firms to enable spot trading of major cryptocurrencies like Bitcoin and Ethereum.
Currently, Morgan Stanley offers crypto exposure through ETFs, options and futures for high-net-worth clients, but this expansion would directly compete with cryptocurrency platforms.
This article is published on BitPinas: Crypto News You May Have Missed This Week | May 03, 2025
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