In a recent development, Portugal’s data regulator, the National Commission for the Protection of Data, also known as the CNPD, has issued an order to stop Sam Altman’s iris scanning project, Worldcoin, from collecting biometric data for 90 days. Worldcoin’s Compliance Under Fire According to a Reuters report, the CNPD’s …
Read More »
Nigerian authorities are urging Binance to provide details about its most prominent 100 users within the nation amidst a continued clampdown on the platform. The request is a focal point in discussions between Binance and Nigeria, with the government perceiving the exchange as a key obstacle hindering its attempts to …
Read More »
The estate of Sinéad O’Connor said the late singer would have been “disgusted” to know former U.S. president Donald Trump used her version of Nothing Compares 2 U at his political rallies. On Monday, O’Connor’s estate released a joint statement with the Irish singer’s label, Chrysalis Records, demanding Trump cease …
Read More »
The future of cryptocurrency regulation in the United States hangs in the balance, caught between the push for stricter controls and concerns about stifling innovation. A recent letter from key members of Congress throws a curveball into Treasury Secretary Janet Yellen’s call for tighter regulations, specifically questioning the effectiveness of …
Read More »
In the XRP lawsuit between Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC), the agency has escalated its demands. Filed on January 11, 2024, the SEC has submitted a motion in the Southern District of New York, seeking to compel Ripple to produce two specific categories …
Read More »
The affected cryptocurrency exchanges have responded cautiously, stating their commitment to comply with local laws while minimizing disruptions to their services. Apple has recently made a big decision to block certain popular cryptocurrency exchange apps from its App Store in India. This choice was influenced by the increasing regulatory pressure …
Read More »
December is the most popular month for charitable giving by Americans – accounting for about a third of all donations made per year. Call it the spirit of the holidays, repeated viewings of A Christmas Carol, or a rush to get in tax-deductible gifts before the calendar year runs out. …
Read More »
The US Securities and Exchange Commission (SEC) is currently actively working with applicants of spot Bitcoin Exchange-Traded Funds (ETFs), guiding them through what appears to be the final stages of amendments before potential approval. This active engagement is evidenced by the frequent updates to the S-1 filings made public. In …
Read More »
In a targeted exploit, decentralized exchange (DEX) aggregator and liquidity protocol KyberSwap, which serves as the main protocol in the Kyber Network’s liquidity hub, suffered a significant security breach. On November 23, 2023, KyberSwap was attacked, resulting in the theft of approximately $54.7 million, according to intelligence provided by the …
Read More »
Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets. Submitted on July 20, …
Read More »
The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “reenter” a contract or interrupt it during a multi-step …
Read More »
Stephen Lovekin/Shutterstock Kevin Costner claimed he cannot afford to pay estranged wife Christine Baumgartner $248,000 a month in child support now that he is no longer “under contract” for Yellowstone. “I will earn substantially less in 2023 than I did in 2022. This is because I am no longer under …
Read More »