I will change the topics of my profile. I am making less money! 😂😂😂
🔍 CNIL, the French privacy watchdog, launches an investigation into Sam Altman's Worldcoin project regarding the legality of its biometric data collection.
Meanwhile, the project gains significant global attention, verifying "one person every 7.6 seconds" (https://twitter.com/worldcoin/status/1684829380877623296?s=20) with new records set daily.
The Orb operators are now active in Argentina, Brazil, Chile, France, Germany, Hong Kong, India, Japan, Kenya, South Korea, Mexico, Portugal, Singapore, Spain, Uganda, UAE, UK, and the USA.
#Worldcoin #PrivacyInvestigation #BiometricData
🚀 Binance files a motion to dismiss the CFTC's lawsuit, asserting:
▪️CFTC's overreach in prosecuting Binance, as it doesn't operate in the US, and CZ is not a US resident.
▪️The first 6 complaints by CFTC "do not apply to alleged foreign conduct."
▪️Several complaints do not meet legal standards set by statutory requirements.
▪️CFTC lacks authority to regulate spot trading, let alone overseas trading.
A critical move in the legal battle. #Binance #CFTC #Cryptocurrency
🚀📰 Explosive Potential: Approval of spot #Bitcoin ETF could drive Bitcoin to soar by 350% within the next 9 months! 😲📈 (Tom Lee, Fundstrat) #BitcoinETF #CryptoNews
🌙 Good night, dear followers! I wish you all a peaceful and restful night. May tomorrow be a day filled with opportunities and accomplishments. Sleep well! 😴💫 #GoodNight #SweetDreams
🇪🇺 The European Central Bank takes a bold step by raising interest rates by a quarter percentage point, reaching 3.75% – the highest level in over two decades. Despite a recent decrease in inflation across Europe, the bank remains open to potential future rate increases. June's annual inflation rate settled at 5.5%, down from the historical peak of 10.6% in October 2022. #ECB #InterestRates #Inflation
🗞️ Sequoia downsizes cryptocurrency fund to $200M from $585M after a $150M investment in FTX goes awry. The firm issued an unusual apology to investors. WSJ #Cryptocurrency #Investments #Apology
🚨 UPDATE: Bipartisan consensus on US stablecoin legislation was reportedly close, as indicated by the chair of the House Financial Services Committee. However, negotiations were derailed, with the ranking Democrat stating that McHenry brought talks to a halt. The bill lacks support from both the Fed and the U.S. Treasury Department in its current form. (Source: CoinDesk)
🤔 Disagreements and lack of support from key stakeholders pose challenges to finding common ground on stablecoin regulation. The future of stablecoin legislation remains uncertain as policymakers navigate the complexities of the crypto space. #Stablecoin #Legislation #CryptoRegulation
🚨 BREAKING: 🇺🇸 SEC Chair Gary Gensler labels crypto as an excessively speculative asset class marred by fraudulent practices.
🤔 It is concerning to witness such a generalized characterization of the entire crypto space. Sweeping statements like these undermine the potential of blockchain technology and innovation within the industry.
💡 Leaders should focus on fostering responsible regulation that balances consumer protection and innovation, rather than resorting to divisive rhetoric. The public deserves thoughtful and effective governance, not self-serving agendas. #Crypto #Innovation #Responsibility
🔍 BREAKING: 🇺🇸 US Congressman claims major banks, including JPMorgan and Bank of America, filed 170 "suspicious activity reports" implicating President Biden's family in money laundering, tax fraud, and human trafficking.
🤨 These serious allegations demand thorough investigation and transparency. No individual, even a president, should be above the law. The credibility of our institutions depends on addressing these claims promptly and fairly. #Transparency #RuleOfLaw #Accountability
🔒Suspected Lazarus, a North Korean group, linked to hacks in Atomic Wallet, CoinsPad, and Alphapo. 🛡️
🇺🇸🤝🇰🇷US and South Korea held a crucial meeting. They acknowledged North Korea's illegal gains of millions through crypto theft and other means. Strengthening cooperation with virtual asset service providers is vital to counter these illicit activities effectively. #CyberSecurity #NorthKorea #CryptoHacks #Collaboration
💰 Ukraine received $225 million in cryptocurrency donations to counter Russia’s aggression. The generous support came in the form of USDT ($83M), Ethereum ($79M), and Bitcoin ($41M). Together, the crypto community stands with Ukraine in its fight for peace. 🇺🇦🤝 #Ukraine #Cryptocurrency #Donations #Russia #Peace
🇺🇸 US Economy Update:
++ Q2 2023 GDP grows by 2.4%.
++ Latest economic data in the US:
++ Jobless claims drop 7k to 221k in the week (Forecast: 235k).
++ Trade deficit of goods reaches $87.84 billion in June.
++ Durable goods orders rise 4.7% in June from May (Forecast: +0.7%).
++ Core durable goods orders up 0.6% in June from May (Forecast: flat).
++ PCE (1st estimate) rises at an annualized rate of 2.6% in Q2 2023.
++ Core PCE (1st estimate) rises at an annualized rate of 3.8% in Q2 2023.
#US #Economy #GDP #JoblessClaims #TradeDeficit #DurableGoods #PCE #EconomicIndicators
🇺🇸 Key takeaways from July's #FOMC meeting:
✔️ Fed raised interest rates by 25 bps to 5.25%~5.5%, the highest level since February 2001.
✔️ Chairman Powell stated no rate cuts expected this year.
✔️ Several FOMC members anticipate rate cuts next year.
✔️ September rate hike possible if data supports it. No decisions made on future meetings yet.
✔️ Rates could be reduced while Quantitative Tightening continues.
✔️ No recession predicted by the team.
✔️ According to FedWatch, there's a 35.5% probability of another rate increase before November. First rate cut projected for March 2024.
#Fed #InterestRates #EconomicOutlook #RateHike #MonetaryPolicy
📈 According to the IMF:
- Global growth is expected to decline from 3.5% in 2022 to 3.0% in 2023 and 2024, mainly due to central bank interest rate hikes to curb inflation.
- Global inflation is predicted to decrease from 8.7% in 2022 to 6.8% in 2023 and further to 5.2% in 2024, with core inflation showing a gradual decline.
- Risks to the outlook include persistently high inflation, geopolitical tensions, and financial sector turbulence.
- The priority is achieving sustainable disinflation and ensuring financial stability.
- Central banks must focus on restoring price stability and enhancing financial supervision.
- Countries should be prepared to provide liquidity if necessary and build fiscal buffers while supporting vulnerable sectors.
#IMF #EconomicOutlook #GlobalGrowth #Inflation #FinancialStability #EconomicPriorities
This is extremely concerning! Why did the US Government drop the political campaign finance criminal charge against SBF after such a significant donation of stolen customer funds to politicians? What are these politicians trying to hide? Transparency and accountability are crucial in such cases! 😡 #EthicsMatter #Accountability #Transparency
🌙 Good night, everyone! Wishing you all a fantastic day tomorrow. If you can spare a moment to give a helping hand with zaps, it would be greatly appreciated. Thank you! 🙏😊 #GoodNight #Gratitude #Support
🛸 UFO Hearing in Congress 🗣️
A historic moment for ufologists and believers in extraterrestrial life as a former intelligence officer testifies about "non-human origin craft" at a House subcommittee. The Pentagon has acknowledged tracking around 650 unexplained incidents. The truth is out there! 🚀 #UFOs #Extraterrestrial #Congress
(Source: The Economist)