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This time it’s the Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD) that is putting the brakes on Sam Altman’s iris-scanning startup Worldcoin (WLD). A recent development is that Worldcoin was found to have breached the privacy ordinance as per the Privacy Commissioner Chung Lai-ling. Consequently, they
The resolution of a security incident affecting one of Lido DAO’s Node Operators, Numic, has caused the token price of Lido DAO (LDO) to surge. At the time of writing, LIDO is trading at $2.21, up 14.61% in the last 24 hours, as per data from CMC. There has been
For its proposed Spot Ethereum ETF, Fidelity has filed a revised S-1 filing with the SEC in the US. This news comes as speculation about these ETFs’ possible clearance on May 23 continues to heat up. Also, it might increase the likelihood that Ether ETFs would be approved. The revised
Cardano (ADA) has been riding the wave of the recent cryptocurrency market rally, which has been led by Bitcoin (BTC). As Bitcoin breached the $71,000 resistance level yesterday, ADA also experienced significant gains, with its price spiking from $0.4646 to a daily high of $0.5090. Like most crypto assets, ADA
LayerZero Labs, the firm behind blockchain interoperability protocol LayerZero are attempting to prevent users from engaging in what is known as “Sybil activity,” in which they use multiple wallets to unfairly claim airdrop rewards, with their first airdrop in an effort to set a precedent for transparency and fairness. No
The average weekly number of new Bitcoin addresses approached its greatest levels since its all-time high in December 2017, six months ago, due to enthusiasm over spot Bitcoin ETFs, innovations in the Bitcoin ecosystem like Ordinals, and the imminent halving. The enthusiasm around new Bitcoin projects has waned, and the
As per Ripple’s Q1 2024 XRP Markets Report, the volume of XRP Ledger (XRPL) transactions increased by more than 100% between Q4 2023 and Q1 2024, while the average cost of such transactions decreased by about 45%. In comparison to 121.03 million in Q4 of 2023, the on-chain transaction activity
Solana, the prominent blockchain platform, has emerged as the top-performing asset among the top 10 cryptocurrencies by market capitalization this week. The resurgence of the GameStop saga has sparked a renewed interest in meme coins, causing investors to flock towards prominent Solana-hosted meme projects such as Dogwifhat (WIF) and BONK.
Bitcoin (BTC) price is experiencing pressure to maintain the key support level at $65,390. It is crucial for the price to remain above this support level to sustain the bullish trend, which targets the $70,000 level. It is essential to maintain this support level for the continuation of the upward
U.S. Senate voted 60-38 on Thursday to overturn the controversial SEC policy, Staff Accounting Bulletin No. 121 (SAB 121), following the House’s lead. Despite this legislative push, President Joe Biden has pledged to veto the resolution, arguing it would undermine investor protections and financial stability. A bipartisan coalition, including a
