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AI & Enterprise

Passkey technology raises concerns over user control, experts warn

Passkeys, a next-generation login method positioned as a replacement for passwords, could over time limit users\' choice of devices and software, raising concerns that security tools may be used to control users. A blogger cited by Japan\'s Gigazine pointed to attestation, which can verify the maker and type of the authentication device, as a potential mechanism for restricting access. Others countered that such limits are not widespread and cannot be imposed retroactively.

Crypto

Breez adds support to receive stablecoins from over 30 networks, auto converts to bitcoin

Blockchain firm Breez has added a stablecoin receiving feature to its Breez SDK, allowing apps built on the SDK to accept USDT and USDC sent from more than 30 networks using only a bitcoin balance. The SDK generates a deposit address and shows the net amount, while Flashnet processes the conversion in the background. Funds are deposited as bitcoin into a non-custodial wallet, with an option to receive a dollar balance.

Crypto

World rolls out \'World Money\' finance super app in about 150 countries; features vary by country

Digital identity verification project World has begun distributing its self-custody finance app, World Money, in about 150 countries. The app combines stablecoins, global payments, virtual accounts, trading and yield programs, but what users can access varies by country depending on regulation and supporting infrastructure. It supports balances in eight currencies and username-based transfers, and includes mini apps and an on-chain lending-based Earn feature. World also outlined risks and limits tied to accounts and recovery.