“The recent alleged hacking of a cryptocurrency project highlights both the effectiveness of global blockchain security and the rising threat of internal cyber breaches in the sector. It underscores the need for advanced countermeasures and practices, early detection, and security awareness training.”
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Biometric Verification for Crypto: Worldcoin’s Strategy Stirs Mixed Reactions and Global Debate
Worldcoin co-founder Sam Altman recently celebrated mass adoption of the currency, noting people in Japan trading iris scans for Worldcoin tokens using the Worldcoin Orb. Despite this, reactions are mixed, with concerns about privacy, data safety, and uneven global response to Worldcoin’s adoption strategy. The future of crypto-identity verification and global blockchain adoption remains a topic of debate.
SEC vs Binance.US Showdown: Unearthing Past Statements and Facing New Legislation
The U.S. SEC’s intention to freeze Binance.US’s assets faced a setback as Judge Amy Berman Jackson advised bilateral negotiations. Meanwhile, HKMA urges banks to accept crypto exchanges as clients, and the European Parliament passes the EU Artificial Intelligence Act, impacting governance of AI technologies.