Court Orders Worldcoin to Delete Biometric Data Collected Illegally in Kenya The High Court in Kenya has ordered Worldcoin to erase biometric data collected unlawfully from citizens, citing violations of data protection laws. The court found that Worldcoin failed to obtain valid consent and did not conduct required assessments before processing personal data. This ruling emphasizes the importance of data privacy and mandates oversight by the Office of the Data Protection Commissioner during the deletion process. Worldcoin faces increasing regulatory scrutiny globally
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U.S. Treasury Targets Cambodia's Huione Group for North Korea Money Laundering Ties The U.S. Treasury Department is moving to block Cambodia's Huione Group, accusing it of laundering proceeds from cybercrimes linked to North Korea's Lazarus Group. The Financial Crimes Enforcement Network (FinCEN) claims Huione has facilitated over $4 billion in illicit funds since August 2021. This proposed action aims to cut Huione off from U.S. financial institutions, significantly hindering its ability to launder money through the U.S. banking system
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Ethereum R1 Launches as a Token-Free, Decentralized Layer-2 Solution Ethereum has introduced a new layer-2 solution, Ethereum R1, notable for lacking a native token or governance structure. Operating on donations, it aims to restore decentralization and neutrality to Ethereum's scaling efforts. Critics of existing L2s argue they prioritize private funding and centralized control. Despite Ethereum’s declining base layer revenue, demand for L2 solutions remains high, raising questions about the future of Ethereum's ecosystem. The success of Ethereum R1 could set a new standard for decentralized scaling solutions
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