Monthly archives: November 2024

Chilean Authorities Probe World’s Domiciliary Eye Scanning Activities Pilot

Chilean authorities from the consumer protection watchdog SERNAC are investigating the company that will provide domiciliary iris scanning services to World, formerly Worldcoin. The measure comes after the institution asked the courts to suspend the project activities last month. World Faces Opposition From Chilean Authorities Regarding Domiciliary Eye Scanning Activities World, the eye-scanning-based identification project, …

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Regulatory Clarity on Horizon Under Trump, But Hurdles Remain – DWF Labs

The new Donald Trump administration could bring regulatory clarity to the crypto industry, but complex factors may hinder rapid progress. Regulatory Clarity Requires Patience While the new Donald Trump administration might offer some regulatory clarity for the crypto industry, according to Lingling Jiang, a partner at DWF Labs, substantial regulatory movement will take time due …

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Mysterious Mastercard Data Breach Triggers Bank Warning As Customers Urged To ‘Pay Close Attention’ To Money Movements

A US bank is warning customers of a security “intrusion” that may have compromised Mastercard account numbers and other financial data. Maryland-based Eagle Bank says it has received a notice from Mastercard, stating an unnamed US merchant allowed unauthorized access to account information between August 15th, 2023, and May 25th, 2024. The bank revealed the …

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DeFi Passes Gaming in October To Become Top Sector in the Decentralized App Market: DappRadar

Decentralized finance (DeFi) passed gaming last month to become the top sector in the decentralized app (DApp) space, according to a new analysis from the market intelligence firm DappRadar. DappRadar notes that DeFi now accounts for 34.5% of overall DApp activity, compared to 24.5% for gaming and 17.7% for non-fungible tokens (NFTs). “In a notable …

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One Altcoin Will Outrun Both Ethereum and Solana This Cycle, According to Macro Guru Raoul Pal

Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better. According to Pal, one top-20 altcoin by market cap and a relatively new entrant in the layer-1 sector is likely to outperform not just Solana …

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Ethereum Rival Solana in All-Time High ‘Waiting Room,’ Says Crypto Analyst – Here’s His Outlook

A widely followed analyst and trader is leaning bullish on a large-cap altcoin amid a broader crypto market rally. The analyst pseudonymously known as Pentoshi tells his 809,700 followers on the social media platform X that Solana (SOL) is in the “all-time high waiting room.” On the weekly time frame, Pentoshi shares a chart suggesting …

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TRON DAO Participates as Gold Sponsor at Binance Blockchain Week in Dubai

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, November 9, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from October 30 to 31, 2024, in Dubai. This event brought together leaders from across the industry …

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Cronos Labs and Google Cloud Partner to Boost the Cronos Blockchain Ecosystem

This partnership will see Google Cloud serve as the primary cloud provider for the Cronos ecosystem. Partnership Aims to Accelerate Cronos Ecosystem’s Growth A strategic relationship extension with Google Cloud has been announced by Cronos Labs, a blockchain startup accelerator dedicated to expanding the Cronos blockchain ecosystem. Google Cloud will be the main cloud provider …

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The Fake Investigator Scam: Police Warn of Crypto Cons Draining Accounts

A Pennsylvania State Police unit is advising the public of a new bitcoin scam targeting vulnerable individuals, particularly seniors. Scammers contact them through email, phone, or other electronic means, claiming there’s a fraudulent activity involving their personal information. Posing as representatives of the victim’s financial institution, these scammers then direct victims to contact a supposed …

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Ex-Binance Chief Drops Major Bitcoin Guidance as BTC Smashes New Peaks

Former Binance CEO CZ dropped powerful investing insights as bitcoin shatters records, delivering a must-hear message for the crypto world. CZ Speaks Out with Crucial Bitcoin Insight as BTC Shatters All-Time Highs Former Binance CEO Changpeng Zhao (CZ) shared investing insights on social media platform X Friday, cautioning investors to stay vigilant as bitcoin continues …

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UBS Digital Cash Pilot Completes, Paving the Way for Blockchain Payments

UBS has unveiled a major breakthrough with UBS Digital Cash, a blockchain-based solution poised to revolutionize cross-border payments. UBS Digital Cash: A Blockchain-Driven Shift in Global Payments Financial giant UBS announced on Thursday the successful pilot of UBS Digital Cash, a blockchain-based multi-currency payment solution aimed at enhancing transparency, efficiency, and control in cross-border transactions …

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California Pulls Blockfi’s Lending License, Slaps Fines After Regulatory Breach

The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC’s finance lending license for violations under California’s Financing Law (CFL). Blockfi agreed to the revocation and to halt certain practices deemed harmful, following an examination that revealed the company failed to assess borrowers’ repayment ability, charged interest before disbursement, neglected to …

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Crypto Exec Abducted in Broad Daylight — Why Crypto Wealth Now Comes With Grave Risks

The abduction of a crypto CEO exposes stark security risks for high-profile crypto holders as bitcoin’s soaring value increasingly attracts criminal attention. An Abduction in Toronto Reveals Hidden Dangers for Crypto Holders The president and CEO of the Toronto-based cryptocurrency firm Wonderfi, Dean Skurka, was reportedly abducted in a high-traffic area of Toronto during rush …

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Bitcoin Will Surpass $250,000, Says Analyst PlanB – Here’s His Timeline

Popular quant analyst PlanB says Bitcoin (BTC) is now set up to have a series of big rallies based on historic precedence. In a video update, the pseudonymous analyst tells his 182,000 YouTube subscribers that his stock-to-flow (S2F) model indicates Bitcoin could exceed $250,000 in the coming years. His stock-to-flow (S2F) model, which was traditionally …

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Top 11 Bitcoin miners see monthly production rise 13% in October despite rising difficulty

The top 11 Bitcoin mining companies by market capitalization have achieved record monthly production levels in October, the highest since the April halving event. Data from Farside shows that every major publicly listed miner, except Terawulf, posted month-over-month production growth. Collectively, these companies increased production by 13%, bringing total Bitcoin mined in October to 3,630 …

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