The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The head of the institution, Fabrizio Peralta-Diaz, lamented this situation, stressing that it needed access to the necessary tools to examine…
TL;DR Sui (SUI) saw a 125% weekly increase, driven by the launch of Grayscale’s Sui Trust. Despite strong gains, the high RSI indicates that the asset might be overbought, suggesting a potential correction. The Top Performer Sui (SUI) is among the few leading cryptocurrencies today (August 12), and its price has charted an impressive increase.…
XRP, one of the top cryptocurrencies, is getting a lot of attention in the market as it prepares for a potentially historic price surge. However, amidst this bustling activity, the spotlight subtly shifts to an emerging contender: Pawfury. In contrast to the unpredictable nature of established cryptos, the trajectory of this presale project appears more…
[PRESS RELEASE – Zug, Switzerland, August 12th, 2024] Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest web3 ecosystem. Aleph Zero — a blockchain ecosystem engineered for speed, data confidentiality, and ease of development — today announced the mainnet launch of its new EVM-compatible Layer-2…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El…
Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of Operation Chokepoint 2.0, a plan directed to difficult banking access to crypto companies. Winklevoss’ remarks come after the Federal Reserve found Customers Bank, a crypto-friendly bank, had “deficiencies” in compliance with anti-money laundering requirements. Tyler Winklevoss…
If you’ve been watching crypto trends, you already know how exciting presales can be. They offer a unique chance to invest in a project before it goes mainstream, often at a lower price with huge potential returns. Among the current opportunities, one presale stands out from the rest: MoonBag. It offers a chance to get…
Paolo Ardoino, Tether’s CEO, is steering the company into venture capital, with a focus on emerging areas like AI, as revealed in his recent interview with WIRED. With billions in reserves, Tether is positioning itself to compete with tech giants such as Microsoft, Google, and Amazon. Tether’s Profit Ventures Since Ardoino took over as CEO…
In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38% of the total funds raised across 20 different projects. $141.3 Million Floods Into 20 Crypto Startups and Projects Even with the crypto markets experiencing a…
Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended…