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Last Week in Crypto: GENIUS Act fails; Meta’s stablecoin

In other news, the largest crypto acquisition to date occurred when Coinbase announced it had reached a deal to acquire Deribit for $2.9 billion. The post Last Week in Crypto: GENIUS Act fails; Meta’s stablecoin appeared first on CoinGeek. [...]

GENIUS Act fails Senate vote amid controversy, security concerns

The GENIUS Act stablecoin bill only received 49 votes after some Democratic Senators withdrew their support. The post GENIUS Act fails Senate vote amid controversy, security concerns appeared first on CoinGeek. [...]

$800M CBEX scam resumes operations in Nigeria despite crackdown

Sources say that CBEX is again allowing new users to register and deposit funds, but older users still can’t withdraw as it’s “being audited” by U.K. gov't. The post $800M CBEX scam resumes operations in Nigeria despite crackdown appeared first on CoinGeek. [...]

Kenya orders Worldcoin to cease biometric data collection

Worldcoin was taken to court by two Kenyan advocacy groups, with the legal blow followed by suspension in Indonesia after reports of “suspicious activity.” The post Kenya orders Worldcoin to cease biometric data collection appeared first on CoinGeek. [...]

UN stresses AI perils in journalism; Indonesia faces hurdles

Commemorating World Press Freedom Day, Türk calls to safeguard journalism amid the rise of AI; meanwhile, Indonesia pushes for AI adoption in workplaces. The post UN stresses AI perils in journalism; Indonesia faces hurdles appeared first on CoinGeek. [...]

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