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Worldcoin Stumbles in Hong Kong? Privacy Commissioner Rules Worldcoin Violates Privacy Ordinance, Orders Halt to Collection of Citizens' Iris and Facial Images
Worldcoin Stumbles in Hong Kong? Privacy Commissioner Rules Worldcoin Violates Privacy Ordinance, Orders Halt to Collection of Citizens' Iris and Facial Images

Privacy Commissioner Ada Chung Lai-ling has ruled that the operation of "Worldcoin" in Hong Kong violates the Personal Data (Privacy) Ordinance regarding the principles of data collection, retention, transparency, access, and correction. She has ordered the "Worldcoin" project to cease collecting iris and facial images of citizens in Hong Kong using iris scanning devices.

PANews·2024/05/22 06:25
The New Alliance Between Wall Street and Washington Drives the Crypto Market to Historic Highs
The New Alliance Between Wall Street and Washington Drives the Crypto Market to Historic Highs

Wall Street won't stand by as Tether makes more money than Goldman Sachs

Chaincatcher·2024/05/22 06:01
Why Are We Investing in Farcaster
Why Are We Investing in Farcaster

A notable feature of Farcaster is its high-quality and low-noise community atmosphere.

Chaincatcher·2024/05/22 06:01
Latest Developments and Future Predictions of Ethereum Spot ETF: Issuers Submit Revised Documents, Target Price Up to $8000
Latest Developments and Future Predictions of Ethereum Spot ETF: Issuers Submit Revised Documents, Target Price Up to $8000

Approval expectations continue to rise; multiple institutions predict that if approved, ETH will see an increase of thousands of dollars.

Chaincatcher·2024/05/22 03:31
Flash
  • 06:42
    Movement Labs and Pyth Network deepen collaboration to empower high-performance DeFi ecosystem
    On February 21st, Movement Labs announced a deep cooperation with Pyth Network, aiming to promote the rapid development of the Movement DeFi ecosystem through the efficient real-time data feed provided by Pyth Network. Movement Labs emphasized the advantages of its DeFi solution in security, speed, scalability, and interoperability, especially relying on Move Virtual Machine (MoveVM) and fast terminal rollup technology to build a Modularization and composable blockchain architecture. This cooperation will introduce more than 110 data publishers and institutional data sources from Pyth Network into the Movement ecosystem, ensuring that top blockchain applications can obtain fast and reliable market price data, thereby improving the performance and User Experience of DeFi applications.   Movement Labs stated that the data feed of Pyth Network will become a key component of the Movement DeFi ecosystem. Pyth Network is known for its proven reliability and low-latency data transmission capabilities, which can meet the high requirements of high-performance blockchain applications for real-time data. By integrating Pyth's price feed, Movement Labs developers can more efficiently build and optimize DeFi products, providing users with safer, faster, and more reliable encryption services.
  • 06:41
    Peaq ecosystem continues to progress: USDT officially launches to support DePIN applications, and partners with QuickNode to strengthen developer infrastructure
    Recently, decentralized IoT network peaq announced that the world's most widely used stablecoin USDT (Tether) has officially joined its ecosystem. Users can now seamlessly transfer USDT to the peaq network through Stargate Finance's Hydra cross-chain bridge and directly use it for DePIN scene payments and Machine DeFi interactions. This further expands peaq's practicality in the field of combining physical devices with digital finance, providing a standardized solution for automated payment and asset circulation in the machine economy.   At the same time, the peaq infrastructure ecosystem has undergone important technological upgrades. The blockchain development service platform QuickNode announced full support for the peaq network, providing high-performance node services for ecosystem developers. Based on this cooperation, developers can use QuickNode's real-time monitoring system to accurately capture on-chain events, significantly improving the construction efficiency and device deployment speed of DePIN applications. This technology integration may accelerate the large-scale application of peaq in physical scenarios such as industrial IoT and energy networks.
  • 06:39
    Ondo Finance partners with Assetera: OUSG launches the first regulated RWA trading platform in Europe, expanding the new landscape of blockchain finance
    On February 21st, Ondo Finance announced that its flagship product, Ondo Short-Term US Government Treasuries (OUSG), is now available on the Assetera platform. Assetera is the first blockchain securities trading facility in Europe to obtain a MiFID license. This cooperation marks a significant expansion of OUSG in the European market, providing institutional investors with the opportunity to access tokenized US short-term Treasury bonds through compliance channels.   OUSG relies on Polygon blockchain technology to bring high-yield, low-risk investment options to the European market through Assetera's regulated trading environment, supporting 24/7 instant minting and redemption, and ensuring institutional-level security and liquidity. Ondo Finance stated that this move further reflects its mission to integrate traditional finance with blockchain technology, aiming to enhance the accessibility of tokenized physical assets (RWA) through compliance and transparency. Currently, OUSG's total lock-up value (TVL) has reached $419 million, supported by BlackRock's BUIDL fund and high-quality short-term US Treasury bonds, consolidating its reliability as an institutional-level investment product. This cooperation not only strengthens Ondo Finance's strategic layout in Europe, but also indicates the further penetration and maturity of tokenized assets in the global Financial Marekt.
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