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  • Worldcoin should Delete Iris Data!! 👁️

Worldcoin should Delete Iris Data!! 👁️

Are they like really serious?

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🛡️ Crypto Hacks Surge to $22 Billion This Year

👁️ Worldcoin to Delete Iris Data

💸 Bitcoin Drops Below $96,000

🚀 SEC approves Bitcoin + Ethereum ETFs—What’s the hype?

Spain's data regulator demands Worldcoin, a crypto startup, delete all iris scans collected from users to ensure privacy.

⚡Wire Simplified:

  • Worldcoin collects iris scans to create "proof of personhood" for digital ID.

  • Spain's data authority says this violates privacy laws.

  • Regulators demand deletion of all iris data immediately.

  • Worldcoin faces scrutiny over biometric data handling globally.

  • Privacy advocates applaud this decision as a step toward protecting individual rights.

✔️Straight to the Point:
Spain clamps down on Worldcoin's iris data practices, reflecting growing concerns over privacy in the ever-expanding crypto-biometrics space.

🎤 Do you think biometric data collection should be banned in crypto projects?

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Blockchain security falters as a report highlights a 22% increase in crypto hack losses, totaling $22 billion in 2024.

🚨Breaking News:
Crypto hacks skyrocket, exposing loopholes in blockchain security. Over $22 billion lost, leaving investors and developers scrambling for solutions.

⚡Wire Simplified:

  • Crypto losses from hacks have jumped 22% from last year.

  • $22 billion stolen highlights gaps in blockchain defenses.

  • Decentralized finance (DeFi) platforms remain the prime targets.

  • Regulators and security firms are pushing for better safeguards.

  • Investors urge stricter security measures to protect their funds.

✔️Straight to the Point:
Crypto hacks are on the rise, signaling an urgent need for better security protocols and collaborative efforts to safeguard digital assets.

🚨Breaking News:
Federal Reserve Chair Jerome Powell shuts down Bitcoin reserve rumors, sending Bitcoin's value plunging to $95,500 amid market uncertainty.

⚡Wire Simplified:

  • Bitcoin's value dropped below $96,000 for the first time in weeks.

  • Powell dismissed rumors of Bitcoin reserves.

  • Investors reacted swiftly, leading to market volatility.

  • Speculation continues over the Fed’s stance on cryptocurrency.

  • Altcoins like Ethereum also faced minor drops.

✔️Straight to the Point:
Jerome Powell's remarks impact Bitcoin's price, highlighting the delicate balance between crypto market sentiment and government policy statements.

3 things you don’t wanna miss! 😉 

1. SEC Gives Green Light! 🚀 ETFs Mix Bitcoin + Ethereum. Learn Why It’s HUGE

2. $1B Liquidated! 💔 Markets Crash After Fed’s Hawkish Move. See the Fallout

3. Bitcoin Stolen by Hackers! — 🔓 Trillions at Stake? Uncover the Scandal

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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