Kenya Suspends Worldcoin’s Activities Amid Data Security Investigation

Worldcoin has introduced an iris-scanning-based worldwide identification mechanism. According to CMC, the token’s price has increased by 4.57% n the last 24 hours. On Wednesday, the Kenyan Ministry of the Interior announced on its Facebook page that it had suspended activities of Worldcoin, while the country’s financial, security, and data protection services investigated the legality […]

Kenya Authorities Suspend Worldcoin Activities Over Data Privacy Concerns

The Kenyan government has ordered the suspension of all activities related to the registration of the recently-launched cryptocurrency project Worldcoin and the distribution of its native token WLD. According to an official statement by Kithure Kindiki, Cabinet Secretary for the Interior and National Administration, the government is concerned with the registration of Kenyans through the […]

Traders Fair & Awards, South Africa 2023: Where financial enthusiasts unite to elevate their trading journey!

Traders Fair & Awards is proud to announce its upcoming event in South Africa, set to take place on September 16 at the prestigious Protea Hotel Johannesburg Wanderers. This highly anticipated gathering of trading enthusiasts promises an enriching experience, featuring an impressive lineup of sponsors and engaging seminars led by industry-leading experts. The event boasts […]

Kenya suspends Worldcoin activities after nearly half a million sign-ups

The registration exercise for Worldcoin in Kenya took place at the Kenyatta International Convention Centre. Registered users are entitled to 25 free Worldcoin tokens worth about $2 amounting to about Sh7000. The Worldcoin activities in the countries have been suspended by the Ministry of Interior for security concerns. The activities of Worldcoin, which launched on […]

Worldcoin Suffers Major Setback, Gets Kicked Out of Kenya

The post Worldcoin Suffers Major Setback, Gets Kicked Out of Kenya appeared first on Coinpedia Fintech News Worldcoin, the identity-verification crypto initiative co-founded by OpenAI’s Sam Altman, faces a significant roadblock as the Kenyan government suspends its operations.  The project, known for its unique utilization of iris scan technology for identity authentication and cryptocurrency distribution, […]

Presidential Hopeful DeSantis Accuses Biden of ‘War on Bitcoin,’ Pledges to Defend Crypto if Elected – Move to Drive Mass BTC Adoption

US Presidential Candidate Ron DeSantis has highlighted his grand plans for Bitcoin. He claimed the crackdown on crypto is fueled by fear of the technology by the current administration. United States presidential candidate and Florida Governor Ron DeSantis has accused the Biden administration of engaging in a “war on Bitcoin,” promising to put an end […]

OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains

Singapore, Singapore, August 2nd, 2023, Chainwire Additional account abstraction capabilities, including a social recovery feature, will be rolled out at a later date OKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using […]

Surprise action by FTX creditors

Creditors of the now defunct cryptocurrency exchange, FTX, are seemingly deliberating on revamping the website and bringing in third-party investors. The idea is to compartmentalize the various groups of petitioners and follow it up with regulated disbursement of assets. The initial segment going by the name of dotcom customers includes the FTX.com distant exchange petitioners. […]

Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure

Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future. The company announced today a world-class investor group comprising 500 Global, CMCC Global, Consensys Mesh, Bixin Ventures, BlackPine, DWeb3, Hard Yaka, Bored Room Ventures, […]

XRP Lawsuit: Legal Expert Analyzes Terra Verdict, Sees No Contradiction with Ripple’s Ruling

The post XRP Lawsuit: Legal Expert Analyzes Terra Verdict, Sees No Contradiction with Ripple’s Ruling appeared first on Coinpedia Fintech News A recent ruling by Southern District of New York District Judge Jed Rakoff in the SEC v. Terra lawsuit has triggered a lively debate among legal experts and crypto enthusiasts. Some critics contend that […]