Elon Musk’s acquisition of Twitter’s ‘X’ handle sparks widespread decentralization discussion

Elon Musk has reportedly assumed control of the @X account on Twitter without remunerating the original user who held this username for over 16 years. The move has sparked a substantial wave of criticism, predominantly from the crypto community. дальше »

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Reddit Collectible Avatars Gen 4 Launches Today to Mixed Reactions From Redditors

Reddit is releasing a new set of NFT avatars despite criticism from the crypto community over bot activity and accusations of a cash grab. The collection has over 13 million unique holders and a market cap of $45 million. дальше »

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Worldcoin may face UK data regulators inquiry days after launch: Report

The project has faced criticism from within the fintech world over its dystopian features and privacy concerns.

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Worldcoin Launch Faces Widespread Criticism Over Privacy Risks

Worldcoin meets with a largely negative response on social media.

The post Worldcoin Launch Faces Widespread Criticism Over Privacy Risks appeared first on BeInCrypto.

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OpenAI CEO’s Worldcoin set to launch on July 24

Worldcoin is set to launch on the 24th of July according to hints from its creators. The token has however faced some criticism as more allegations have it that the token was already in trade. дальше »

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BlackRock Faces Blowback After Appointing Oil Exec to Board

BlackRock comes in for criticism in the global media after appointing an oil CEO to its board. The post BlackRock Faces Blowback After Appointing Oil Exec to Board appeared first on BeInCrypto. дальше »

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Bitcoin mining is becoming more environmentally friendly

Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism. дальше »

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Polygon Releases POL White Paper to Scale Across Multiple Chains

Polygon has proposed an upgrade from its MATIC token to POL, allowing it to be used across multiple chains. The proposal has faced criticism, particularly over its $5 price target. The post Polygon Releases POL White Paper to Scale Across Multiple Chains appeared first on BeInCrypto. дальше »

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Cardano (ADA) Project Catalyst Fund 10 Scores Major Milestone Amid Criticism

Project Catalyst, one of largest community-driven incubation initiatives in crypto segment, completes its tenth ideas submission campaign дальше »

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After Crypto Tax, India Slaps 28% GST on Online Gaming Industry

India has imposed a 28% Goods and Services Tax (GST) on the online gaming industry and an 18% GST on crypto transactions, facing criticism for potentially discouraging business and entrepreneurship. дальше »

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Binance IEO Project Arkham Comes Under Fire For Data Harvesting

Binance's latest initial exchange offering (IEO), Arkham, is facing criticism for data harvesting. Arkham allows users to buy and sell information about blockchain wallet owners, raising privacy concerns. дальше »

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SEC’s Approval of Riskier Bitcoin ETF Draws Criticism from Grayscale

Digital asset manager Grayscales lawyers have criticized the U.S. Securities and Exchange Commission (SEC) for approving a leveraged Bitcoin-based exchange-traded fund (ETF) at a time when the company is embroiled... дальше »

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Binance Set To Appoint New Chief Strategy Officer Following Hillmann’s Departure

Following the US Securities and Exchange Commission (SEC) lawsuit against Binance, some of its executives have decided to leave the firm. This legal action also sparked criticism regarding alleged preferential treatment given to Coinbase, a US-based crypto exchange. дальше »

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Blur Founder Responds to Criticism Over NFT Market Floor Price Crash

Blur founder Pacman has defended his platform against accusations of causing a crash in the non-fungible token (NFT) market floor price The post Blur Founder Responds to Criticism Over NFT Market Floor Price Crash appeared first on BeInCrypto. дальше »

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Crypto Marketers Slam Google Analytics 4 While EU Watchdog Warns of Risks

Google Analytics 4 faces criticism from crypto marketers for its usability, while Sweden's IMY warns of surveillance risks. Businesses grapple with balancing data-driven decisions and regulatory compliance. дальше »

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Bitcoin price overcame the level of $ 31,000 and froze in anticipation of the denouement

Earlier, the value of Bitcoin rose to a maximum of $31,371, the highest level since June 2022. Investors remained optimistic after BlackRoc re-applied for a spot Bitcoin (ETF), in response to criticism from the Securities and Exchange Commission. дальше »

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EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3

European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. дальше »

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EU data act adopts smart contract kill switch regulations

The European Union (EU) is making progress on the European Data Act, despite facing criticism from the cryptocurrency community, as lawmakers have reached an agreement to proceed with the legislation. дальше »

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Ledger releases white paper for hardware wallet seed recovery tool

Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023. дальше »

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ApeCoin Drops Over 40% in a Month – Going to Zero? Meanwhile Wall Steet Memes Nears $10m

The ApeCoin ($APE) price has dropped by over 40% in the past month, with investors now worried that the token could go all the way to zero. This comes as the ApeCoin DAO organization came under strong criticism due to high payouts to leadership figures. дальше »

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First Ever Canadian Bitcoin Conference Wraps Up in Toronto

The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter exchange regulation. дальше »

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Uniswap defends business source licensing choice amid criticism

Decentralized exchange Uniswap (UNI) defended its Business Source Licensing (BSL) choice for its V4 in a June 14 Youtube video. Uniswap Labs Engineering lead Noah Zinsmeister argued that making the source code BSL-protected is a balance between incentivizing innovation and giving exclusive proprietary rights for a short time, as the code will become General Public […] The post Uniswap defends business source licensing choice amid criticism appeared first on CryptoSlate. дальше »

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ApeCoin DAO Faces Criticism For Salary Dispute: The Latest Updates

ApeCoin DAO, the Web3 organization associated with ApeCoin, has recently faced backlash due to concerns over its high payouts and perceived lack of community engagement. Critics have raised objections to the substantial salaries and fees, reportedly reaching up to $75,000 per month, that the DAO has been providing to its leadership board. These remuneration practices […] дальше »

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Fire Gary Gensler: Lawmaker Takes Stand Against SEC Chairman’s Crypto Agenda

Lawmakers in the United States are taking a stand against the recent crackdown on the crypto industry by the Securities and Exchange Commission (SEC). Congressman Warren Davidson has been particularly vocal in his criticism of SEC Chairman Gary Gensler and has called for his removal. дальше »

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Don’t Sell Your Bags Yet: Bitcoin’s Track Record Proves It Will Always Bounce Back

Bitcoin has been around for over a decade now, and it has faced its fair share of criticism and FUD (fear, uncertainty, and doubt) along the way. However, Bitcoin has always managed to come back stronger. дальше »

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Chainge (CHNG) Emerges as the Ultimate Challenger to CEX Dominance

Are you ready to witness the extraordinary? Step into the world of Chainge ($CHNG), the unrivaled force reshaping the decentralized exchange (DEX) landscape. Brace yourself for a groundbreaking journey as we unravel the mesmerizing facets of Chainge’s tokenomics, roadmap, team, criticism, narrative, and competitors. дальше »

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Tether Aims to Teach Georgians About Financial Freedom

Tether, the issuer of USDT, which has received criticism for an alleged lack of transparency in its reporting, is partnering with a Georgian university to educate people about blockchain and freedom-promoting technology. дальше »

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Ledger delays release of private key recovery service

Ledger has decided to postpone the launch of its private key recovery service after facing strong criticism from the crypto community. дальше »

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Ledger backpedals on controversial key recovery feature following community backlash

Hardware wallet provider Ledger will not launch its key recovery feature after fevered criticism from the crypto community. In a May 23 statement, CEO Pascal Gauthier said Ledger would first release the code for the new feature before it is launched while apologizing for the miscommunication surrounding the development. дальше »

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Bitcoin community reacts to former hedge fund manager Greg Foss’ criticism of Ordinals

Greg Foss blasted Bitcoin Magazine for giving the stage to Udi Wertheimer and Eric Wall during the recent Bitcoin Conference. The former hedge fund manager, now executive director at energy company Validus Power, did not hold back in blasting the pair over their recent conference appearance. дальше »

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Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update. дальше »

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G7 Leaders Focus on Joint AI Policy Amid Crypto Trader Criticism

G7 Leaders have committed to closer collaboration on AI policy and have called for the adoption of global technical standards. The post G7 Leaders Focus on Joint AI Policy Amid Crypto Trader Criticism appeared first on BeInCrypto. дальше »

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Ledger calls itself a “self-custody maxi,” says recovery service is optional

Ledger emphasized its commitment to self-custody of funds in response to ongoing criticism from customers on May 16. Earlier, the hardware manufacturer announced a feature called Recover that allows users to restore their seed phrase. дальше »

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Ledger Bats Back Criticism of New Wallet Recovery Service

“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier. дальше »

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Tether boasts of its financial stability after strong profits, money moved out of banks

Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism. дальше »

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SEC faces criticism from five investment firms over custody rule proposal

Bain Capital Crypto and other prominent investment firms voice concerns over the proposed SEC custody rule change. дальше »

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Coinbase-SEC War Heats Up With CEO’s Public Criticism of Regulators

The war of words between Coinbase and the Securities and Exchange Commission is not cooling off. Coinbase's CEO criticized the SEC in a Monday interview but also offered hope that the legal battle may provide more clarity in the end. дальше »

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NFTs Are Not Just A JPEG

A lot of people are still trying to get their heads around the idea of non-fungible tokens. While NFTs have caused lots of excitement, especially in the art, music and entertainment industries, there’s also a lot of confusion and criticism. дальше »

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White House advisers rekindle 30% energy tax on digital mining notion

the White House advisers are again proposing a 30% energy tax on cryptocurrency miners due to negative environmental impact. The proposal has however drawn criticism from the crypto community. дальше »

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Bitcoin Weekly Transactions Hit New High As Ordinals Mint Goes Past 2.5 Million, Sets New Record

Bitcoin (BTC) Ordinals, popularly referred to as Bitcoin non-fungible tokens (NFTs), are steering a new pathway for the growth of the Bitcoin network despite the harsh criticism from a section of the community in its development phase. дальше »

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Bank of Korea to oversee crypto regulation

The Central bank of South Korea will over see cryptocurrency regulation according to local reports. However the move has received much criticism from the Financial stability commission. дальше »

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Societe Generale’s crypto division launches euro stablecoin amidst criticism from Stasis CEO

STASIS CEO comments on the launch of Societe Generale's competing stablecoin EUR CoinVertible, questioning its viability due to the "single point of failure" problem. дальше »

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SEC chair faces congressional criticism over crypto regulation clarity

In a recent video CryptosRUs explains that Securities and Exchange Commission (SEC) chair Gary Gensler faced tough questioning during a recent congressional hearing about the classification of cryptocurrencies such as ether (ETH). дальше »

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‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism

Some pundits shared harsh sentiment toward a new euro-pegged stablecoin, but it’s not publicly accessible for the time being.

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Michael Saylor stands up for BTC mining amid criticism

Michael Saylor, the creator of MicroStrategy, responded to a recent article that discussed the amount of power used for bitcoin mining. дальше »

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U.S. SEC wants to regulate DeFi similar to CeFi, Commissioner Peirce disagrees

- The SEC declared that it will reopen an old proposal that expressly includes DeFi exchanges under its purview, inviting criticism from Commissioner Peirce. - SEC Chair Gensler has long contended The post U. дальше »

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Meta Faces Wide Criticism over Plans to Allow Minors into Metaverse

Coinspeaker Meta Faces Wide Criticism over Plans to Allow Minors into Metaverse According to the advocates, Meta will expose teenagers and young adults to harassment and privacy violations. дальше »

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Legendary Investor Warren Buffett Calls Bitcoin (BTC) "Gambling Token"

Warren Buffett, the Oracle of Omaha, once again slammed Bitcoin (BTC) on CNBC this morning, labeling the cryptocurrency a "gambling token" with no intrinsic value and echoing his previous criticism дальше »

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PlanB: Bitcoin (BTC) Enters an Early Bull Market

The Stock-to-Flow (S2F) model, popularized by analyst PlanB, has received as much a wave of initial admiration as subsequent criticism. The post PlanB: Bitcoin (BTC) Enters an Early Bull Market appeared first on BeInCrypto. дальше »

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Criticism forces ArbitrumDAO's hand as new AIPs, documentation go live

Arbitrum announced changes after receiving negative feedback from the community Daily activity finally surged after the previous slump Over the last few weeks, Arbitrum became the talk of thThe post Criticism forces ArbitrumDAO's hand as new AIPs, documentation go live appeared first on AMBCrypto. дальше »

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