South Korea fines @Worldcoin $830,000 for privacy violations, including improper data collection and international transfer. Investigations revealed failure to inform users of data storage purposes. $WLD token surged 17% following the news.
Elon Musk’s “Dogefather” post on X sparks a Dogecoin ($DOGE) rally, breaking $0.111. Whale accumulation of 1.40B tokens worth $140M boosts confidence. DOGE price hits $0.1147, up 5% in 24 hours, with futures and derivatives surging.
Ethena Labs launches UStb stablecoin, backed by BlackRock and Securitize. $ENA surged 16% to $0.3659. UStb offers flexible collateral for USDe, addressing risk in varying interest rate environments.
Truflation hack on Sept 25 resulted in over $5M in losses. White hat hackers are incentivized to assist with the investigation and improve security protocols. Despite the breach, Truflation confirms client funds and staked assets remain secure.
Dubai’s Virtual Asset Regulatory Authority updates crypto marketing rules, requiring risk disclaimers and accurate info. All firms, licensed or not, must comply, aiming to protect investors and foster innovation in Dubai’s growing crypto sector.
@CryptoWallet suspends UK operations to comply with FCA regulations. UK users can withdraw assets without fees. Service provider change in May 2024 aims to enhance compliance. Wallet remains independent from Telegram.
Lucie, Shiba Inu’s marketing lead, confirms that the SHI stablecoin is in development and testing. SHI aims to provide stability for Shibarium, Shiba Inu’s Layer 2 blockchain, pegged at $0.01. This could enhance Shibarium’s decentralized finance capabilities.
Ripple wins SEC lawsuit; XRP not classified as security. RLUSD stablecoin to launch this year pending approval. Enhancements to XRP Ledger include automated market makers, decentralized exchanges, and smart contracts via “Hooks”. 40% of activity now outside U.S.
Visa launches VTAP for secure fiat-backed token issuance on Ethereum. BBVA is testing the platform in Spain, with a broader pilot set for 2025. VTAP aims to revolutionize financial transactions with real-time, secure settlements.
VP Kamala Harris pledges U.S. leadership in blockchain, AI, and quantum tech, aiming to create clear rules for digital assets and emerging technologies. Endorsed by Mark Cuban and Rep. Ro Khanna, this move could shape future economic growth.
Bitcoin ($BTC) projected to hit $70,000 by Oct 2024 and $1 million by 2025, driven by US election outcomes, ETF inflows, and potential legal tender status in countries like Bhutan, Argentina, and Dubai, says @100trillionUSD.
Stand With Crypto, launched by $COIN, retracted Kamala Harris’s rating after community feedback demanded clarity on her crypto stance. High-rated politicians include Tom Emmer, Cynthia Lummis, and Donald Trump, highlighting the community’s influence on political ratings.
BlackRock increases its Bitcoin holdings by 529 BTC, now totaling 359,606 BTC valued at $22.82B. Institutional interest in Bitcoin ETFs grows as BTC climbs over 5% in a week, nearing $64,440 with potential resistance at $70K.
zkLink launches magicLinks, integrating Web3 with Telegram, simplifying multi-blockchain transactions with Nova Smart Account. Supporting ERC-7683 and ERC-4337, this innovation aims to drive broader blockchain adoption. Total value locked in zkLink Nova’s network exceeds $1 billion.
