Brazil bans Worldcoin from giving crypto for eye scans
World Network, the iris-scanning digital ID project formerly known as Worldcoin, can no longer offer crypto incentives to Brazilians.
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Polkadot eyes breakout to $75 after DOT price rally sets up classic bullish reversal
Polkadot (DOT) chart technicals suggest it may rally to a new record high near $75 if DOT can manage to close above its $41–$43 range decisively.That’s according to a classic bullish reversal setup known as an inverse head and shoulders (H&S) that forms when the price undergoes three selloffs during a period of market consolidation. Specifically, the…

Curve Finance scam app resurfaces amid fake crypto app surge
Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying.

G20 regulator to present global crypto rules in October 2022
The FSB seems more concerned with the crypto market given its recent turmoil and the “increasing interconnectedness with the traditional financial system.” 114 Total views 23 Total shares The Financial Stability Board (FSB), a global financial regulator including all G20 countries, is preparing to propose international regulations for cryptocurrencies and stablecoins in October.The FSB on…

Bullish Case for Bitcoin Grows as BTC Whale Population Tops 3-Year High
Recently published data from glassnode shows there are currently more than 1,800 Bitcoin (BTC) whales. From a macro perspective, this increase in the number of whales can be considered bullish.The term whale is used within the crypto industry to describe an individual investor that holds a large amount of BTC. Typically, whales are early Bitcoin…

MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization." 136 Total views 14 Total shares In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining…

Mining ASIC Producer Ebang Reports ‘Significant’ Q3 Revenue Decrease in New IPO Filing
Ebang, a crypto mining ASIC hardware producer, has suffered “significant decreases” in revenue in the third quarter of 2018. This development was reported in a new IPO filing submitted by the company to the Hong Kong Stock Exchange (HKEX) on Dec. 20.This is not the first time Ebang has tried to launch an Initial Public…

British Virgin Islands court reportedly orders to liquidate 3AC
The order reportedly came on the same date with Voyager Digital issuing a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC loan. 379 Total views 6 Total shares Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the…

Too fast, too furious: Some major altcoins failed to match Bitcoin’s rally
Since then, the price of Bitcoin has suffered a correction, and most of the crypto market followed. Bitcoin is currently sitting at just over $35,000, and while traders suggest the pullback to be a healthy correction required for Bitcoin to maintain its bullish momentum, some believe the cryptocurrency may plunge below the $20,000.The Bitcoin price…