Worldcoin's appeal to postpone the suspension of its iris scanning service for cryptocurrency exchanges in Brazil was denied by the National Data Protection Authority (ANPD). In other words, the company's service is prohibited in Brazil.
The decision was published this Tuesday (11) in the Official Gazette of the Union and maintains the suspension of the granting of financial compensation, whether in cryptocurrency (WorldCoin – WLD) or in any other format, for digital identities (World ID) created by collecting irises of personal data holders in Brazil.
Worldcoin Ordered to Suspend Biometric Data Incentives Brazilian authorities have ordered Worldcoin to halt its program of offering digital tokens as incentives in exchange for biometric data from its citizens. The decision puts Brazil among a growing list of countries raising concerns about the blockchain project. Meanwhile, digital asset adoption is soaring in other parts of Latin America, particularly in Chile, Argentina and Mexico, where people are seeking alternatives due to weak national currencies and high cross-border transaction fees.
$XRP Here are some important facts about XRP; 1. Created by Ripple Labs – XRP was launched in 2012 by Ripple Labs to facilitate fast and low-cost cross-border payments. 2. Not a proof-of-work currency – Unlike Bitcoin, XRP uses a consensus ledger (XRP Ledger) instead of mining, making transactions more energy efficient. 3. Maximum supply – XRP has a total supply of 100 billion coins, with a large portion held by Ripple Labs and escrow to prevent flooding the market. Transaction and speed 4. Fast transactions – XRP transactions settle in 3-5 seconds, much faster than Bitcoin (10 minutes) and Ethereum (15 seconds to minutes). 5. Low fees – Transaction costs are typically fractions of a cent, making XRP one of the cheapest cryptocurrencies to transfer money with. 6. Scalability – XRP can process 1,500 transactions per second (TPS), significantly more than Bitcoin (~7 TPS) and Ethereum (~30 TPS). Regulation and Adoption 7. Legal Challenges – Ripple is in a long-running legal battle with the SEC, which argues that XRP is a security and not a cryptocurrency. 8. Banking Partnerships – Ripple has partnered with hundreds of financial institutions (e.g. Santander, SBI Holdings) to improve cross-border transactions. 9. Used in On-Demand Liquidity (ODL) – Ripple’s ODL solution helps banks and remittance providers move money without requiring pre-funded accounts. Market and Price History 10. All-Time High – XRP reached its all-time high of $3.84 in January 2018. 11. Major Price Movements – XRP’s price is often influenced by legal news, regulatory clarity, and partnerships with financial institutions. 12. Fourth largest cryptocurrency by market cap (sometimes) – XRP has consistently ranked in the top 10 cryptocurrencies by market cap.#XRPETFIncoming? " data-hashtag="#XRPETFIncoming?" class="tag">#XRPETFIncoming? #XRPETFI
#BTCNextMove Bitcoin is showing signs of a big rise. Despite the recent drop, Bitcoin follows the same movements as in 2020, with each confirmation of support and resistance ~ Resistance and Support, we have a rise. BTC heading towards 175K$BTC
$LUMIA I was analyzing the market capitalization of the top 10 cryptocurrencies and, surprisingly, none of the top 10 are RWA. There are many Layer 1 and 2, which LUMIA also proposes and does. The 11th is indeed RWA. An excellent asset for investment. What I see in LUMIA that makes it different from the others; - Low market capitalization ✅ - Deflationary ✅ - Own network ✅ - Complete Layer 1 and 2 / RWA / DFI asset ✅ - Real usability ✅ - Strong community ✅
This is a great market opportunity that you shouldn't leave out of your portfolio. There is an expectation based on its current market capitalization and other indicators that this asset will reach 100 USDT/per unit. Because it will, sooner or later, there is no reason why it won't reach and go beyond that. Extremely valuable asset, and good to keep an eye on for future appreciation. LUMIA. 🚀
Binance launched spot trading for Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (BABYDOGE) on September 16, 2024. The cryptocurrency exchange announced that NEIRO/USDT, TURBO/USDT, and BABYDOGE/USDT trading pairs would be available starting at 10:00 UTC.
Early signs suggested a sell-off among community members, extending losses from the weekend. NEIRO saw a daily loss of 30% at press time, despite an initial 16% rally earlier in the day. Monday morning’s decline means NEIRO is down more than 50% in the past three days, losing a significant portion of last week’s gains. NEIRO Falls, TURBO Rises, BABYDOGE Volatile TradingView data showed that the newly listed memecoin is currently trading at $$ 0.0912, a significant pullback from its recent all-time high of $$ 0.2060. Analysts attributed the drop to a sell-off by early adopters and airdrop hunters who snapped up the memecoins at lower prices. While NEIRO’s price fell after Binance opened trading, TURBO moved in the opposite direction.
SLF (SLF) is the native cryptocurrency token of Selfcoin (SELF), a decentralized finance (DeFi) protocol focused on lending, borrowing, and yield farming. Here are some key points about SLF:$SLF $SLF Key Features: 1. _Decentralized Lending_: Selfcoin provides decentralized lending and borrowing services. 2. _Yield Farming_: SLF is used for yield farming, allowing users to earn rewards by providing liquidity. 3. _Governance_: SLF holders can participate in the governance decisions of the Selfcoin protocol. Use Cases: 1. _Lending and Borrowing_: SLF is used to access Selfcoin's lending and borrowing services. 2. _Yield Farming_: SLF is earned by users by providing liquidity to the protocol. 3. _Governance_: SLF is used to vote on proposals for the Selfcoin protocol. Availability: SLF is listed on several cryptocurrency exchanges, including Uniswap and other decentralized exchanges. Tokenomics: - Total supply:
- What does 12,000,000,000 G tokens mean for you? 🎁😱$G Big news in the crypto world! 📢 Gravity ($G ) has just revealed its tokenomics, and it’s impressive:
**Total supply:** 12 billion $G tokens, following a 1:60 GAL token swap. This increase aims to increase liquidity and enhance the token’s role.
**Purpose:** Designed to improve liquidity and expand its influence in the ecosystem.
**Blockchain:** Gravity, a Layer 1 blockchain, leverages Zero-Knowledge Proofs and cutting-edge consensus mechanisms to optimize multichain interactions.
**Key Points:**
**Cross-chain transactions:** Seamlessly connects multiple blockchain networks into a unified ecosystem.
**High scalability and security:** Perfect for decentralized applications (dApps).
**Benefits for $G Holders:** Governance rights, staking rewards, and use as a gas token within the ecosystem.
**Future Integration:** The partnership with Galxe will power features like Galxe Quest and Galxe Earn, creating a more connected and rewarding user experience.
@Gravity is ready to lead the charge in blockchain innovation! **Stay tuned for an exciting journey ahead! #GravityAlphaMainnet#galxe #Gravity
MANTRA ($OM ) reaches all-time high on June 10, 2024. Highest price paid for OM is $1.09 Facts: It is predicted that $OM could trade at $4.40 if all goes well next year. So what is MANTRA ($OM ) MANTRA is a secure RWA Layer 1 Blockchain capable of meeting and enforcing real-world regulatory requirements. Built for institutions and developers, MANTRA offers a permissionless Blockchain for permissioned applications. Main Features: • Built using Cosmos SDK, IBC compatible, with support for CosmWasm • Secured through a set of sovereign PoS validators • Scalable up to 10 thousand TPS • Integrated modules, SDKs, and APIs to create, negotiate, and manage regulatory-compliant RWAs • Better user experience for onboarding non-native users and institutions to Web3
The meme's potential rotation into the gaming/meta sector appears to be gaining steam. The significant price movements of tokens such as $AXS , $XAI and $YGG suggest growing interest in this sector. With performance still below average this year, this sector becomes intriguing as a key narrative that holds potential for massive exploration.
If we consider recent projects in general, the GameFi field with projects like XAI, AI, PIXEL seems to be more attractive than projects related to platform technology like ALT or MANTA. In GameFi projects alone, PIXEL is attracting more stalecoins (FDUSD) and BNB to the pool. In a recent fund survey, the GameFi sector was seen as one of the sectors that will continue to attract money in 2024. Projects like PIXEL could benefit from this funds' investment appetite. Community reaction to the Pixels (PIXEL) project In general, the community has high expectations for PIXEL for the following reasons: Behind PIXEL is the participation of Sky Mavis. Sky Mavis is the parent of Axie Infinity (AXS) and Ronin Network (RON). Pixels (PIXEL) is also a gamefi running on the Ronin Network. Therefore, many investors hope that PIXEL can achieve a miracle like AXS, taking advantage of the positive market context.
*The Cryptocurrency Conundrum: Uncovering the Future of Axie Infinity and Ethereum From Experts...*
Axie Infinity and Ethereum. As pillars of the digital economy, these two titans have captured the imagination of investors around the world, promising untold riches and unparalleled opportunities. However, beneath the surface of hype and speculation lies a landscape rife with uncertainty and volatility. Now, as the cryptocurrency market enters a new phase of evolution, experts are turning their gaze to Axie Infinity and Ethereum, seeking to unravel the mysteries of their future trajectories.
Join #MANTRA as strategic investors. It was announced by the team, that Laser Digital, the digital assets arm of Nomura, has made a strategic investment in MANTRA to help scale tokenization#RWA with a focus on the Middle East and Asia. ✅ With Nomura's extensive network at TradFi and MANTRA's focus on expanding in the Middle East and Asia, this collaboration is another step towards our vision of Bringing Finance Onchain. #OM
$XAI Gaming completed its first halving yesterday, which means Stake's mining production has been halved. The next halving is scheduled to occur on 5/21/2026. Two things will happen next: 1. “Staking levels will be stereotypically adjusted to adjust for the halving >> we will share details soon.” 2. The official revealed that "Season 1 ended a long time ago. The participants also received their airdrops. We are preparing something big. You will hear about it soon."