The recent directive issued by the Spanish data protection regulator, AEPD, instructing Worldcoin to cease the collection of personal data in Spain has raised significant concerns about the project’s data collection practices. Complaints have been flooding in since last summer, citing issues such as inadequate information provided by Worldcoin about data processing, the collection of
Crypto
Binance.US, a prominent trading platform, finds itself in a precarious position due to the legal actions initiated by the U.S. Securities and Exchange Commission (SEC). Chief Operating Officer Christopher Blodgett revealed that the company had to let go of over 200 employees, representing two-thirds of its workforce, as a direct result of the SEC’s lawsuit.
Recently, Peter Schiff, founder of Euro Pacific Asset Management and a known cryptocurrency skeptic, issued a stark warning about Bitcoin. He labeled it as the “ultimate asset bubble” as the price of Bitcoin surged past $61,500. In his warning, Schiff pointed out that unlike other overvalued assets in a bubble, Bitcoin lacks underlying value. Similar
Despite recent gains in the crypto market, XRP has been steadily making its way around the Fibonacci level of $0.64. Analysts like Dark Defender and Alex Cobb predict a further uptick in XRP’s valuation, with some even suggesting that the token could surpass $1 by the beginning of April. EGRAG CRYPTO has even outlined a
Expectations for a groundbreaking Ethereum spot ETF launch may not materialize as anticipated, according to insights from Bloomberg ETF analyst Eric Balchunas. Despite the immense success of the recent Bitcoin spot ETF introductions in the United States, Balchunas warns that an Ethereum ETF launch may not garner as much attention or investment as its predecessor.
Friend.tech, a Web3 social platform, has been making waves in the decentralized social media space. Despite a recent decline in user activity and trading volume, users are hopeful for a comeback. Speculation about an upcoming airdrop has been circulating within the community, contributing to renewed interest in the platform. In a surprising turn of events,
The Wall Street Journal’s investigative article at the beginning of last spring shed light on the operations of Tether, Bitfinex, and their associated companies. The report highlighted the majority ownership of iFinex, a corporation based in the Virgin Islands, in both Tether and Bitfinex. It suggested that these entities resorted to questionable tactics to maintain
Bitcoin has once again made headlines as it surged to a new all-time high against the euro and the British pound, reaching a staggering $65,000 price mark. Data from TradingView indicates that BTC approached 61,000 EUR for the first time in history on Monday morning, marking a 7% increase in the past 24 hours. This
Bitcoin prices have skyrocketed to $65,500 in early trading, marking a substantial increase from its previous levels. This surge has propelled the cryptocurrency to its highest price point since November 2021, positioning it just 5% below its previous all-time high. Since hitting a cycle low of nearly $16,000 in December 2022, Bitcoin has seen a
In recent years, the cryptocurrency industry has witnessed the rise of niche asset classes that have become major players in the market during bull markets. In the previous cycle that abruptly ended in 2022, NFTs and meme coins dominated the scene. As experts suggest that Bitcoin and the rest of the market have already entered
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