Worldcoin developer Tools for Humanity has taken legal action against Spain’s recent ban on its data collection and usage within the country for a period of three months. In a blog post on March 6, Worldcoin stated that Spain’s regulators bypassed the standard EU GDPR procedures by imposing the ban, forcing them to resort to
Impact
Coinbase, the leading US-based cryptocurrency exchange, has experienced a significant increase in its market share recently. This surge can be attributed to the introduction of several spot Bitcoin exchange-traded funds (ETFs) in January. As a result, analysts at Goldman Sachs made a notable change in their rating on Coinbase shares. They upgraded the rating from
The recent fall in Bitcoin price by over 10% after hitting an all-time high of $69,000 has left many investors wondering about the future of this cryptocurrency. However, despite the intense volatility surrounding Bitcoin’s price, there seems to be a rebound to the $68,000 mark. This rebound has reignited positive enthusiasm among investors and has
Cryptocurrency enthusiasts have been abuzz recently following a bullish prediction made by well-known analyst Willy Woo. With a track record of successful forecasting in the past, Woo suggested that a significant surge is on the horizon for Bitcoin (BTC). This prediction comes on the heels of the long-awaited approval of spot Bitcoin ETFs, which allows
As the crypto market continues to experience macro tailwinds, with potential interest rate cuts on the horizon, investors are on the lookout for the best cryptocurrencies to buy today. While major coins like Bitcoin and Ethereum are seeing slight gains, smaller altcoins are making significant moves and presenting unique investment opportunities. Amidst the market volatility,
The recent surge in Bitcoin price, breaking its previous all-time high, was quickly followed by a significant dip. This fluctuation has been attributed to the reactivation of a dormant Bitcoin whale address holding $67.1 million worth of Bitcoin. The sudden sell-off of such a large quantity of Bitcoin has raised questions about its impact on
Neon Machine’s latest flagship game, Shrapnel, has been gaining attention in the blockchain gaming industry due to its innovative use of SHRAP tokens. These tokens play a vital role in the Shrapnel ecosystem, providing rewards, enabling player-created content, and facilitating community engagement. Neon Machine recently announced a revision in its unlock schedule for the SHRAP
Binance.US, a prominent cryptocurrency exchange, has been grappling with significant challenges in the wake of legal actions taken by the U.S. Securities and Exchange Commission (SEC). These challenges include forced layoffs and a steep decline in revenue, as revealed by the company’s Chief Operating Officer Christopher Blodgett in court documents. Since June, Binance.US has had
Bitcoin recently reached its all-time high of $69,000 on March 5th, 2022, only to experience a swift and sharp 14% correction shortly after, dropping its price to $59,300. The volatility in Bitcoin’s price led to record-breaking trading volumes on centralized exchanges, indicating heightened market activity and trader engagement. An analysis of Kaiko data by CryptoSlate
The Ethereum Foundation, a non-profit organization, has recently made an unexpected move by initiating a sell-off of 1000 ETH to a single address named “Cumberland Forwarder.” This decision has sparked speculation and raised questions about the potential market peak for Ethereum. The transparency of the transactions was brought to light by the Blockchain analytics platform