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On August 5, 2024, the cryptocurrency market took a hit as Bitcoin fell to $53,000 and Ether turned negative for the year. This triggered a broader slump in crypto-related stocks, causing panic among investors. Regulatory uncertainties and traditional money laundering activities in the crypto space have contributed to the market's instability.
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Worldcoin, backed by OpenAI CEO Sam Altman, resumes registration in Kenya after authorities dropped investigations into data handling practices. The probe was initially triggered by concerns over the collection of iris scans for digital identification and cryptocurrency. The decision follows a thorough review by the DCI and ODPP.
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