Worldcoin ordered to stop operations in Hong Kong
The PCPD ruled that Worldcoin’s retention of sensitive biometric data, including face and iris images, for up to 10 years solely for AI model training was unjustified.
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MetaMask Institutional to integrate with Fireblocks MPC platform
Fireblocks will be added to the list of MetaMask Institutional custody technology providers, allowing its users to perform token swaps and stake ETH using the app’s dashboard. 195 Total views 13 Total shares Web3 wallet MetaMask will integrate with Fireblocks’ multi-party computation (MPC) platform, allowing Fireblocks users to access the wallet’s portfolio dashboard, according to…

UK government targets fraudsters with new ban on cold calls for crypto
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number "spoofing." Own this piece of history Collect this article as an NFTThe United Kingdom is set to ban cold calls that sell financial products, including insurance and cryptocurrencies, in an attempt to crack down…

Bloomberg: Major Crypto Traders Meet to Establish Industry Blacklist, Standards
A group major cryptocurrency traders is considering the idea of creating a blacklist of counterparties engaged in nefarious activities in the crypto space, Bloomberg reported on May 8.At a meeting in Chicago on Tuesday, a group of traders from 35 digital assets firms including such industry players as trading firm DRW Holdings Inc.’s Cumberland crypto…

Survey says Americans could spend up to $40B from stimulus on Bitcoin
More than 60% of respondents said they would choose to invest their $1,400 checks in Bitcoin over stocks. 1103 Total views 8 Total shares Many Americans are expected to receive $1,400 checks following U.S. President Joe Biden signing a $1.9 trillion stimulus package into law last week. New polling suggests that much of these funds…

How Crypto Is Taxed in the US: A Taxpayer’s Dilemma
Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017.Facing the deadline to report their taxes by April 15, 2019, United States individual taxpayers may wonder what their United States tax reporting obligations are…

Crypto Markets See Calm as Most Coins Consolidate Recent Gains
Tuesday, Oct. 16: Crypto markets are seeing some stability today following yesterday’s market upsing, with virtually all of the major cryptocurrencies seeing only minor price changes, both red and green, as of press time.Tether (USDT) has meanwhile seen a recovery, having yesterday slipped from its U.S. dollar peg to trade well below its historical price…

Russia’s largest bank joins blockchain trade finance platform
The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance. A subsidiary of Russia’s largest bank, Sberbank, has joined a blockchain-based platform for commodity trade finance.Sberbank Switzerland AG has signed an agreement with Swiss trade finance platform Komgo to apply its blockchain-powered trade finance service.Representatives from Sberbank Switzerland AG told Cointelegraph that the…

Vitalik Buterin supports lowering Ethereum solo staking requirement
Buterin aims to reduce Ethereum’s staking requirements, supporting increased decentralization by encouraging solo staking.