Ethereum Profitability Drops To 66% As Market Downturn Hits Holders

The recent market downturn has taken a toll on Ethereum, leaving only 66% of addresses in profit, a significant drop reminiscent of October 2023, when Ethereum was trading around $1,800. This decline has pushed a substantial portion of Ethereum holders into the red, marking one of the lowest profitability levels seen in nearly a year. … Read more

Ecuador’s Data Protection Agency Lacks Resources to Assess Worldcoin’s Compliance Status

The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The head of the institution, Fabrizio Peralta-Diaz, lamented this situation, stressing that it needed access to the necessary tools to examine … Read more

Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El … Read more

Tyler Winklevoss Warns Operation Chokepoint 2.0 Remains in Full Swing

Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of Operation Chokepoint 2.0, a plan directed to difficult banking access to crypto companies. Winklevoss’ remarks come after the Federal Reserve found Customers Bank, a crypto-friendly bank, had “deficiencies” in compliance with anti-money laundering requirements. Tyler Winklevoss … Read more

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