South Korea is probing Worldcoin for potential data collection issues.

A South Korean committee tasked with overseeing personal information issues is conducting an investigation into Worldcoin’s practices of collecting and handling sensitive data. According to a government notice released on Monday, the Personal Information Protection Committee launched the investigation into the digital identity project on February 29 in response to complaints regarding the gathering and…

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Heightened Concerns Arise as Memecoin Volatility Surges to Record Levels

summary Speculation and social media fuel the frenzy surrounding Memecoin. Amidst the surge in Memecoin, Dogecoin and Shiba Inu experience gains. High volatility in Memecoin prompts cautionary advice. In the midst of an enthusiastic memecoin craze, prominent tokens like Pepe, Floki, and Bonk have experienced remarkable surges in both price and trading activity, amplifying speculation…

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The watchdog in Indonesia urges the Finance Ministry to reassess the taxation framework for cryptocurrencies.

The Indonesian regulatory body overseeing cryptocurrencies has formally appealed to the nation’s Finance Ministry to reconsider the existing system of ‘dual taxation’ applied to crypto transactions. Under the current framework, cryptocurrencies are categorized as commodities in Indonesia, subjecting them to a 0.11% value-added tax and a 0.1% income tax. However, officials from Indonesia’s Commodity Futures…

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Tron (TRX) Founder Justin Sun Made a New Announcement, This Altcoin Is on the Rise! Justin Sun, the founder of Tron (TRX) and a prominent figure in the cryptocurrency community, has recently made headlines once again with his involvement in Ethereum (ETH) and other altcoin acquisitions. In a recent update, Sun took to his social…

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Unveiling Allegations of Corruption Within Ethereum Foundation: Steven Nerayoff’s Revelations

Hints of Groundbreaking News: Steven Nerayoff, a prominent figure associated with Ethereum, has taken to X (formerly Twitter) to tease potentially game-changing revelations that could reshape perceptions of Ethereum (ETH) and the broader cryptocurrency landscape. Alongside insights from on-chain analyst TruthLabs (@BoringSleuth), Nerayoff suggests the existence of a looming scandal implicating the Ethereum Foundation and…

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Forget Shiba Inu: Electric Capital Says Polkadot Is Hot in 2024

Meme coins like Shiba Inu (SHIB), Bonk Inu (BONK), and Pepe Coin (PEPE) provide investors with alternative avenues for potentially high returns compared to traditional assets like Bitcoin. These coins offer the possibility of significant profits within short time frames, attracting investors seeking rapid gains. However, they also come with high levels of risk due…

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Analyst Says Dogecoin Will Do ‘Crazy Numbers’ This Cycle, Updates Outlook on Solana and One DOGE Rival

 Dogecoin’s Potential in the Crypto Market In the dynamic world of cryptocurrency trading, the pseudonymous trader Altcoin Sherpa shares insights with his substantial following regarding the potential trajectory of Dogecoin (DOGE). With a following of 209,000 on the social media platform X, Altcoin Sherpa suggests that DOGE could yield significant gains once the cryptocurrency market…

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Analysts anticipate a substantial surge in Ripple (XRP) price during March.

quick take Analysts foresee a bullish trajectory for XRP, projecting a significant price surge to approach nearly $2 by July, driven by technical indicators and market dynamics. The optimistic outlook is supported by Ripple’s legal advancements and the upcoming Bitcoin halving event, with some forecasts indicating that XRP might surpass its previous all-time high of…

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The founder of Chainlink expresses admiration for the direction of the cryptocurrency market.

summary Sergey Nazarov, the founder of Chainlink, commends the distinctiveness of the current crypto market cycle, attributing it to the surge of new investors entering the market. He highlights the emergence of real-world asset tokenization as a significant development. During a recent interview, Sergey Nazarov, the creator of Chainlink, underscored the distinctiveness of the present…

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