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…

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…

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…

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…

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…

MAGA Coin, a cryptocurrency themed around Donald Trump, has emerged as a significant player in the crypto market. With an astonishing surge of nearly 400% in the past month, as per CoinGecko data, and a market capitalization surpassing $285 million, this meme coin is poised to rival renowned canine-inspired tokens like Dogecoin (DOGE) and Shiba…

summary Presidential hopeful Robert F. Kennedy praises Bitcoin as the cornerstone of financial autonomy. He advocates for decentralization. Kennedy opposes Central Bank Digital Currencies (CBDCs). In a recent insightful conversation, presidential aspirant Robert F. Kennedy Jr. delved into Bitcoin’s significant role in the worldwide financial sphere. During a compelling interview with CNBC, Kennedy, a respected…

In early March 2024, the realm of meme coins, a frequently contentious segment of the cryptocurrency market, witnesses a notable surge. Spearheaded by the unforeseen ascent of Dogwifhat (WIF), numerous meme coins observe a dramatic increase in their market capitalization, drawing considerable attention from investors. The Meteoric Rise of Dogwifhat (WIF): Unveiling the Power and…

The prevailing sentiment among the majority of attendees at ETH Denver, one of the largest Ethereum conferences, is bullishness permeating the crypto market. Even Joe Lubin, Ethereum’s co-founder and CEO of Consensys, shares this positive perspective, stating that the market’s best days are yet to come. During a discussion moderated by Axios reporter Crystal Kim…

In a recent appearance at ETH Denver, US Securities and Exchange Commissioner Hester Peirce reiterated her dissatisfaction with her agency’s handling of cryptocurrencies. Peirce expressed frustration with the SEC’s reliance on enforcement actions for regulation and criticized the sluggish approval process for spot Bitcoin exchange-traded funds (ETFs). During a discussion with CNBC’s MacKenzie Sigalos, Peirce…