Industry
French Privacy Watchdog Raises Concerns Over Worldcoin's Data Collection Methods
French data protection agency CNIL (CNIL) is raising concerns about the legality of Worldcoin's data collection methods, according to Reuters.Hallie GillIndia's Supreme Court Blames Govt for Crypto Rules Delay
On July 27, India's Supreme Court criticized the federal government for its lack of cryptocurrency regulation, as reported by local media.Jerry McNeillUS Senate Targets Crypto Mixers in Defense Bill
On July 27, the US Senate approved the 2024 National Defense Authorization Act (NDAA) worth $886 billion.Sherry CantwellKyrgyz President Endorses Hydro-Crypto Mining
The Kyrgyz Republic, a country in Central Asia, is reportedly ramping up its cryptocurrency mining capabilities with the support of the local government.James DeanFTX & Genesis Reach Agreement to Settle Bankruptcy
FTX, a bankrupt cryptocurrency exchange, and cryptocurrency lender Genesis have reached an agreement in principle to settle claims brought by FTXBarry StidhamStablecoin & Self-Custody Bill Advances House in Historic Week
The House Financial Services Committee has recently introduced two significant crypto bills that were previously under consideration,Craig GreenSEC Warns Accountants on Auditing Crypto Firms
Paul Munter, the US Securities and Exchange Commission (SEC) chief accountant, issued a statement reminding accounting firms of their obligationsChristopher SmithUS House Committee Passes 'Support Cryptocurrency Act
On July 27, the US House of Representatives Agriculture Committee held discussions on the Financial Innovation and Technology for the 21st Century Act,Cornell RachelRep. McHenry Blames White House for Slow Stablecoin Bill Talks
During a July 27 hearing, Chairman of the US House of Representatives Financial Services Committee, Patrick McHenry, accused the Biden administrationMartha GrizzardBlock.one ICO Losses 'Farly Exceeded' $22M, ENF Founder Reveals
According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), legal action against Block.one, the creator and original seller of EOSWayne IngramNexo Joins Sanctions Association Amid Growing Regulatory Scrutiny
Cryptocurrency lending platform Nexo is taking steps to enhance its compliance measures by joining the Association of Certified Sanctions Specialists (ACSS).Hallie GillBlockchain Collaboration: Hong Kong & Saudi Arabia on Tokens & Payments
Hong Kong and the Kingdom of Saudi Arabia are expanding their financial cooperation, with a focus on tokenization and payments infrastructure agreements.Jerry McNeillRipple Legal Head Foresees Ripple Victory Amplification in SEC Appeal
Ripple's Chief Legal Office, Stuart Alderoty, Has Expressed Confidence in the Recent Landmark Ruling in Favor OF Ripple Labs Against The US Securitys and Exch.Craig GreenJapanese PM Backs Web3, Binance's Big Launch
Japanese Prime Minister Fumio Kishida reiterated his country's commitment to fostering the Web3 industry, emphasizing its potential to revolutionize the internet and drive social change.Cornell RachelWorldcoin Faces UK Data Watchdog Probe Post-Launch
The newly launched cryptocurrency and ID project, Worldcoin, is facing scrutiny from Britain's data watchdog due to concerns about privacy and the security of critical biometric data.Martha GrizzardAxie Infinity Joins Forces with CyberKongz for New Game
Sky Mavis, the company behind the popular blockchain game Axie Infinity, has announced a partnership with Ethereum-based NFT series CyberKongzHallie GillAutomata Announces Mass Layoffs After Solana Game Development
Automata (ATMTA), a game developer on the Solana blockchain, is planning significant layoffs to focus on developing Star Atlas.Jerry McNeillEra Lend: $3.4M Exploited in Reentrancy Attack
On July 25, lending app Era Lend on zkSync suffered an exploit resulting in $3.4 million worth of cryptocurrency being drained, according to blockchain security firm CertiK.Sherry CantwellSmart Education: Blockchain, DAOs, NFTs, AI Combined
Mehmet Fırat, a researcher from Anadolu University in Turkey, has proposed a comprehensive solution called the "Smart Open Educational Ecosystem" (SOEE) to addressJames DeanTwitter's Bold Move: Rebranding to X Sparks Legal Predictions
Josh Gerben, a trademark attorney at Gerben Intellectual Property, has expressed concerns that the company formerly known as TwitterChristopher Smith
