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Congress Panel Probes Crypto Debanking Amid Industry Uproar

Congress Panel Probes Crypto Debanking Amid Industry UproarThe House Oversight Committee is investigating claims that banks are shutting out crypto firms and individuals, citing political bias and regulatory overreach as key concerns. House Committee Investigates Whether Banks Are Quietly Crushing Crypto Firms The House Committee on Oversight and Government Reform announced on Jan. 24 that it is investigating the debanking of individuals […]

Brazil bans Worldcoin from giving crypto for eye scans

Brazil bans Worldcoin from giving crypto for eye scans

World Network, the iris-scanning digital ID project formerly known as Worldcoin, can no longer offer crypto incentives to Brazilians.

Brazil’s data protection watchdog has ordered the company behind the biometrics for the World ID project to stop offering crypto or financial compensation for collecting biometric data from its citizens.

The National Data Protection Authority (ANPD) on Jan. 24  ordered Tools for Humanity (TFH), which is behind the eye-scanning crypto project World Network, formerly Worldcoin, to stop providing services to Brazilians from Jan. 25 after an investigation that began in November following the launch of the World ID project in Brazil.

The ANPD’s enforcement division reported that it determined offering crypto as compensation could compromise the validity of user consent for collecting sensitive biometric data.

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Congress Panel Probes Crypto Debanking Amid Industry Uproar

Breaking Bad star’s X account hacked for memecoin scheme

Dean Norris, known for his role in the TV series Breaking Bad, had his X account hacked to promote a memecoin using his likeness, which hit a peak value of over $8 million.

TV star Dean Norris had his X account hijacked to promote a memecoin that used his likeness as part of a pump and dump scheme. 

In a Jan. 26 video posted to his X account, Norris, best known for his role as Hank Schrader in Breaking Bad, said he was hacked, and the memecoin, DEAN, was a “complete, fake scam” and blasted Reddit users who he claimed “called me all sorts of shit for something I didn’t do. Go fuck yourselves.” 

The post promoting the token has been taken down, but users took screenshots of the original and subsequent posts from the hackers, which included an apparent doctored photo of Norris holding a piece of paper with the ticker DEAN and its launch date.

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Congress Panel Probes Crypto Debanking Amid Industry Uproar

Coinbase Rethinks Token Listings as 1M New Tokens Weekly Break Current System

Coinbase Rethinks Token Listings as 1M New Tokens Weekly Break Current SystemCoinbase’s CEO stated that the platform’s token evaluation process is no longer sustainable, citing the creation of a million tokens weekly. He called on regulators to adapt to the rapidly expanding crypto landscape. Coinbase Sees Pressing Need to Overhaul Token Listings With Bold Block List Shift Coinbase CEO Brian Armstrong has called for significant changes […]

Congress Panel Probes Crypto Debanking Amid Industry Uproar

Ethereum devs and L2 leaders go all in on based and native rollups

Some Ethereum layer 2s would be forgoing hundreds of millions of dollars obtained from fees to make Ethereum more connected at the base layer.

Executives from leading Ethereum layer 2s have said they’re willing to make Ethereum more unified by implementing “based” and “native” rollups, which they say could improve security while making the network less fragmented.

The head of Ethereum layer 2 Base, Jesse Pollak, said on a Jan. 25 call with Ethereum founders and developers that based rollups are “both a flexible and powerful tool that we’re going to be able to use for Base to make it more connected to Ethereum and increase the security guarantees that it provides.”

Optimism Foundation Director Ben Jones added that base rollups would improve the collaboration between Ethereum’s base layer and layer 2s.

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Congress Panel Probes Crypto Debanking Amid Industry Uproar

Binance CEO: 2025 Set for Bitcoin’s All-Time High Amid US Regulatory Overhaul

Binance CEO: 2025 Set for Bitcoin’s All-Time High Amid US Regulatory OverhaulBinance CEO Richard Teng predicts bitcoin’s all-time high in 2025, citing regulatory shifts under Trump’s leadership, strategic U.S. moves, and pro-crypto momentum. Binance CEO Says Bitcoin Will Hit All-Time High in 2025, Backed by Trump’s Reforms Binance CEO Richard Teng shared his optimism last week about bitcoin reaching a new all-time high in 2025, attributing […]

Congress Panel Probes Crypto Debanking Amid Industry Uproar

Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst

Crypto Whales Load Up ,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst

A prominent crypto analyst says deep-pocketed investors have been spotted loading up huge amounts of Ethereum (ETH). Trader Ali Martinez tells his 119,200 followers on the social media platform X that crypto whales gobbled up more than $3.80 billion worth of Ethereum in a two-day span. “Whales have bought over 1.14 million Ethereum $ETH in […]

The post Crypto Whales Load Up $3,807,886,076 Worth of Ethereum in Just Two Days, According to Analyst appeared first on The Daily Hodl.

Congress Panel Probes Crypto Debanking Amid Industry Uproar

Bitcoin’s Sharp Descent Sparks $132M in Liquidations Amid Market Volatility

Bitcoin’s Sharp Descent Sparks 2M in Liquidations Amid Market VolatilityOn Sunday, bitcoin’s price slid to an intraday low of $101,957 after reaching an earlier high of $105,424. This downturn set off the liquidation of more than $128 million in bitcoin long positions across crypto derivatives markets within a four-hour window. Bitcoin Plummets from $105K High As of 8 p.m. ET, the cryptocurrency market maintains […]

Congress Panel Probes Crypto Debanking Amid Industry Uproar

Robert Kiyosaki Breaks Down Bitcoin’s Growing Power Over the US Dollar

Robert Kiyosaki Breaks Down Bitcoin’s Growing Power Over the US DollarRobert Kiyosaki credits bitcoin’s rise to two powerful laws, arguing inflation is eroding fiat currencies while networks amplify the cryptocurrency’s growing dominance. Kiyosaki Ties Bitcoin’s Surge to Two Laws Exposing Fiat’s Fragility Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, shared his perspective on bitcoin’s growing power through two economic principles on […]

Congress Panel Probes Crypto Debanking Amid Industry Uproar