NPC Reasserts Role as Data Privacy Regulator in World/Tools For Humanity Dispute
The National Privacy Commission warned that World’s registration doesn’t excuse its data privacy breaches in the Philippines.
Update: Why the NPC Ordered World to Stop Iris Scans in PH, and Why the Company Plans to Appeal
This article breaks down the NPC’s case against Tools For Humanity/World’s biometric data practices in the Philippines and the company’s defense and next steps for appealing the decision.
Like Axie Infinity Craze: GCrypto Chief Explains Concerns on Worldcoin
Luis Buenaventura defends Worldcoin’s iris scans in the Philippines, saying user data stays private—but warns the crypto model may not be sustainable.
Worldcoin Iris Scanning Rollout Sparks Concerns from Web3 Leaders Ahead of PH Elections
TLYR Collective’s Jopet Arias and DvCode CEO Eliezer Rabadon questioned Worldcoin’s iris-scanning activity in the Philippines, calling for government oversight and greater community involvement to protect vulnerable Filipinos amid the election season.
Coinbase is Limiting Daily Withdrawal to $10 for Some Users
Many are speculating the ban is because the user might have used a “mixer service”.
Coinbase and BitPay Data: There is Increase in Merchants Transacting in Bitcoin
In a separate report, blockchain analytics company Chainalysis said $4 billion in bitcoin was sent through payment processors in 2019. Ether and the other cryptos only make up a small percentage of the transactions.
Binance Research: Market Indifference to BAKKT Launch Brought About September Crypto Market Drop
Besides BAKKT, Binance said its OTC desk has seen more sell flows than buys. Traders have moved out of their altcoin positions and even BTC positions when BTC prices were around $10,000.
Wash Trading Research and Allegations Rock Crypto Exchanges
One factor of market manipulation is information asymmetric where one party has better information than the other party.
BAKKT Launch Provides Institutions to Take Positions in a Regulated Venue
As the Bitcoin price reaches its lowest point in the last 3 months, it will be interesting to see how BAKKT and institutional investors will affect the cryptocurrency market.
Coinbase Might launch an Initial Exchange Offering Platform
Initial exchange offering (IEO) is one of the several capital-formation tools currently being explored by Coinbase.