Cryptocurrency

In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage and use of customer data to ensure it complies with security and privacy regulations. Worldcoin (WLD) launched its token project in July with the goal of verifying users through retinal scans, leading to concerns from many regarding privacy.Continue Reading on Coin Telegraph More

In an Aug. 10 notice, the SEC said Bittrex and Bittrex Global agreed to pay $14.4 million in disgorgement, $4 million in prejudgment interest, and $5.6 million in civil penalties to settle the legal dispute with the federal regulator. The agreement is still subject to court approval. Continue Reading on Coin Telegraph More

According to the Aug. 10 announcement, the name change is coupled with the launch of Bitget Swap, a cross-chain swap mechanism within the wallet that developers say sources liquidity from approximately 100 decentralized exchanges across 20 chains. Continue Reading on Coin Telegraph More

Curve DAO (CRV) is the native token of the decentralized finance (DeFi) protocol Curve Finance. Egorov deposited over 30% of CRV’s total market capitalization as collateral to take out nearly $60 million in loans on Aave v2. However, Curve’s hack on July 30 impacted its token price, making Egorov’s position vulnerable to liquidation. Continue Reading on Coin Telegraph More

In an Aug. 10 tweet, Coinbase Ventures said it would actively engage in Rocket Pool’s Oracle (NYSE:ORCL) DAO and operate a “substantial number of nodes” using Ethereum (ETH) from their corporate balance sheet.Rocket Pool’s concept allows individuals to support new validators, even if their stake falls below the minimum required to independently fund an Ethereum network validator node. This has led to over 3,100 operators and over 780,000 ETH staked on the network.While Rocket Pool’s statistics are staked, the specifics of Coinbase’s investment remain undisclosed.When writing, RPL is up 7.81% in the last 24 hours, changing hands at $28.33 with a market cap of $556 million.Coinbase Ventures has invested in multiple crypto projects, including Uniswap, Alchemy, and OpenSea.This investment news comes a day after Coinbase launched the Base, an Ethereum layer-2 protocol after four months of testing.Despite this, Coinbase has been sued by the United States Securities and Exchange Commission (SEC). The regulator alleges that the exchange facilitated the trading of unregistered assets.This article was originally published on Crypto.news More

In an Aug. 10 filing with the United States District Court for the Southern District of New York, lawyers for DCG and its CEO, Barry Silbert, alleged Gemini’s lawsuit filed in July was a “continuation of [a] public relations campaign” targeting the firm on social media with “personal, vicious, and false” claims. The filing echoed Gemini’s complaint, in which the crypto exchange said it sought to recover funds incurred as a result of “DCG’s and Silbert’s false, misleading, and incomplete representations and omissions to Gemini” and their role “in encouraging and facilitating Genesis’s fraud against Gemini.”Continue Reading on Coin Telegraph More

PayPal’s entrance into the world of cryptocurrencies could signify a major step toward mainstream adoption for Ethereum. However, this move also raises concerns about centralization and the potential loss of control over personal assets.Continue Reading on Coin Telegraph More

On Aug. 9, the ministry announced the launch of the Indian Web Browser Development Challenge, which hopes to “inspire and empower” developers from all corners of the country to create an indigenous web browser with an inbuilt Controller of Certifying Authorities (CCA) India root certificate. According to the release: Continue Reading on Coin Telegraph More