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🇸🇻 Exciting news for El Salvador! The government has signed an agreement with Rumble (@rumblevideo), a Canadian video and cloud computing platform, to provide essential services like cloud storage, computing, and databases. ☁️ This partnership follows a meeting between Rumble CEO Chris Pavlovski (@chrispavlovski) and President Nayib Bukele, highlighting the trust in Rumble's capabilities for handling critical data. 🤝✨ Pavlovski emphasized the importance of independence from Big Tech, stating, "No one wants to risk being technologically silenced." This aligns perfectly with El Salvador's values of freedom and innovation. 🔑 Both Rumble and El Salvador are embracing bitcoin, with the country declaring it legal tender in 2021 and Rumble committing to hold up to $20 million in BTC as part of its reserves. 💰 As Rumble Cloud aims to disrupt the market with competitive pricing, this partnership could pave the way for a new era in tech collaboration. What are your thoughts on this development? Let us know! 💬
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🚨 Bad news for World (formerly known as Worldcoin) in Chile: The Supreme Court has ordered the deletion of biometric data collected without permission from a minor. 🇨🇱🚫 The case was brought forth by attorney Rodrigo Lagos, whose daughter had her iris scanned without consent, raising serious privacy concerns. Lagos emphasized that minors cannot provide valid consent for such procedures. Initially dismissed by a lower court, the Supreme Court ruled that World must delete all records related to the minor's World ID within 30 days, highlighting the importance of protecting personal data. Chile has seen growing opposition to World’s activities, with a consumer protection agency investigating its operations. Despite this, the project gained traction in 2023, signing up over 1% of the population. What are your thoughts on the balance between innovation and privacy? Let us know! 💬
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🇬🇧 A U.K. court has dismissed James Howells' lawsuit against Newport City Council to search for his lost hard drive containing 7,500 BTC! 💻 Judge Keyser KC ruled that Howells' claim had "no realistic prospect of succeeding if it went to trial." Howells, a Newport-based engineer, sought over $640 million but faced legal challenges as the council argued they owned the hard drive. Since discovering the hard drive was mistakenly thrown away, Howells' case has drawn media attention, especially as BTC value soared! Despite setbacks, Howells' legal team remains optimistic, envisioning a "precise" search for the hard drive.
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#BitcoinDominance held strong in 2024, leading in price, adoption, and market share. With competitors conceding its role as the ultimate store of value and ETFs smashing records, #BTC remains the undisputed king of #crypto.
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🚨 Ripple’s RLUSD is gunning for the big leagues! With NYDFS approval in hand, RLUSD is pushing for major exchange listings—yes, even Coinbase. Compliance? Check. Institutional demand? 🔥. Ripple’s betting big that RLUSD’s edge will win this “war of attrition” in the stablecoin race. Are we about to see RLUSD dominate Coinbase and beyond?
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