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The provincial government of Buenos Aires has taken legal action against Worldcoin for allegedly violating consumer laws with its user agreement. The government claims that the agreement contains abusive clauses that allow Worldcoin to interrupt services without providing repair or reimbursement to users. Additionally, users are required to surrender their rights to collective complaints, with
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Discussions between House leaders and Senate Majority Leader Chuck Schumer have raised the possibility of taking action on stablecoin legislation during this summer’s session. This key area of financial technology is in need of regulatory clarity, and House Financial Services Chair Patrick McHenry and ranking member Maxine Waters recently met with Schumer to discuss this
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As the fourth Bitcoin Halving event approaches, there has been a lot of speculation surrounding the potential impact on the cryptocurrency market. Lady of Crypto, a respected market analyst and trader, recently shared her insights on the matter. She addressed claims suggesting an early start to the bull cycle due to Bitcoin breaking its all-time
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Bitcoin (BTC) experienced a significant drop in price over the weekend, falling to $60,850 before partially recovering to around $64,500. This sudden price movement has prompted veteran trader Peter Brandt to offer his insights on the situation. Brandt, known for his expertise in market patterns, has described the recent dip as a potential turning point
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Binance executive Nadeem Anjarwalla is currently facing extradition from Kenya after escaping custody in Nigeria. The Nigerian government is working in collaboration with Interpol and Kenyan authorities to bring Anjarwalla back to face charges related to the alleged manipulation of the Naira and the facilitation of illicit funds transactions through Binance. Anjarwalla managed to escape
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Bitcoin analyst Willy Woo has expressed optimistic price projections for Bitcoin (BTC) in the future. According to his calculations, BTC could reach $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle with the full deployment of cryptocurrency exchange-traded funds (ETFs). Woo highlighted that asset management firms like
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In a groundbreaking move, step-and-earn app STEPN has partnered with global sportswear giant Adidas to introduce a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This collaboration signals the start of a year-long alliance between the two companies, promising more NFT releases and wearable items down the line. The Solana-based generative NFT collection consists of
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Ultimeme Fighting Championship (UFC) recently experienced a significant pump, with the meme coin surging by an astonishing 27,000%. The launch of UFC as part of a GameFi project aimed to provide an interactive gaming experience tied to the $UFC token. Despite the initial excitement surrounding the launch, UFC’s price has since experienced a rollercoaster ride,
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In response to the rising number of cryptocurrency-related crimes in Hong Kong, Bitrace has taken proactive measures to address the issue. The data analysis company recently conducted training sessions focusing on on-chain fund tracking for members of the Hong Kong Police Force. This initiative is part of Bitrace’s Corporate Social Responsibility efforts aimed at enhancing
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Bitcoin, the original cryptocurrency, has once again grabbed the attention of investors as recent market trends suggest the possibility of a significant price retracement. Renowned crypto analyst Rekt Capital has delved into the current state of the Bitcoin market, drawing parallels with historical cycles to provide insights into potential future movements. While the market is
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In the year 2023, despite an overall decline in venture capital activity, Bitcoin startups saw a massive increase in funding. According to a report by Trammell Venture Partners (TVP), the number of Bitcoin-native pre-seed deals skyrocketed by 360%, with the number of funded Bitcoin companies rising by an impressive 56.9%. The report defines a “Bitcoin
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