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The Bavarian regulator has mandated Worldcoin to enhance its privacy measures following an investigation into its biometric data practices. Worldcoin must implement a GDPR-compliant data deletion process within one month and obtain explicit user consent for certain data processing activities. The investigation, which began in April 2023, revealed issues with the collection of iris-derived biometric data used for creating unique digital identities.
Formula 1 has renewed its partnership with Crypto.com through 2030, enhancing its presence at major events like the Miami Grand Prix. This collaboration, which began in 2021, aims to attract younger audiences and expand Formula 1's global reach, while Crypto.com seeks to solidify its brand in the digital finance sector. Both entities have experienced significant growth, with Formula 1's fan base reaching 750 million and Crypto.com surpassing 100 million users.
Excelerate Energy, Inc. will participate in the UBS Global Energy & Utilities Winter Conference on January 14-15, 2025, at The St. Regis Hotel in Deer Valley, Utah. Steven Kobos, President and CEO, will conduct one-on-one meetings with investors during the event.
The Global Uveitis Treatment market is projected to grow from USD 725 million in 2024 to USD 1.28 billion by 2032, with a CAGR of 8.5%. The study covers various treatment types, including corticosteroids and biologic agents, and offers customization options for regional and application-specific analysis. Key players include Novartis, Pfizer, and AbbVie, with North America leading the market and Asia-Pacific identified as the fastest-growing region.
Mantle Network has transitioned to a ZK validity rollup through a partnership with Succinct, enhancing its modular architecture and data availability. This shift, set for a testnet launch in Q1 2025, promises faster asset settlements, reduced finality from seven days to one hour, and improved cost efficiency, positioning Mantle as a leader in Ethereum scalability and innovation. With a total value locked of $2.2 billion and a robust community treasury of $4.3 billion, Mantle aims to drive institutional-grade capital efficiency in both traditional and decentralized finance.
Deutsche Bank is developing a layer-2 blockchain solution for Ethereum to tackle regulatory challenges faced by financial institutions using public blockchains. This initiative, part of Project Dama 2 under Singapore's MAS Project Guardian, aims to mitigate risks such as transaction validation and fees to sanctioned entities. The bank plans to launch a minimum viable product next year, allowing for a curated list of validators and enhanced regulatory oversight.
By 2025, the crypto landscape will undergo a significant transformation, with Bitcoin poised to become a global reserve asset, potentially surpassing $200,000. Decentralized finance (DeFi) will gain mainstream traction, driven by influential figures, while decentralized AI protocols and fair launches will redefine innovation and ownership in the sector. Regulatory frameworks will emerge, fostering institutional investment and positioning regions like the EU, Hong Kong, and Singapore as crypto hubs.
Mira Network's Node Delegator Program sold out its initial $250,000 capacity within hours, reflecting strong market interest in decentralized AI infrastructure. With 5,000 successful participants and over 25,000 applicants, the program aims to democratize access to AI technology through partnerships with leading node operators. Mira focuses on enhancing AI reliability using advanced consensus mechanisms and distributed verification protocols, positioning itself as a pioneer in trustless AI systems.
SPACE ID has launched its first TON-based domain name service on DuckChain, enhancing digital identity for users within the TON ecosystem. This integration allows for seamless asset transfers using user-friendly domain names, improving security and user experience. Additionally, it marks the first use of $TON for domain pricing, supporting broader interoperability across blockchains.
UTXO Stack, a Lightning Network liquidity staking protocol, has successfully completed its Series A funding round with a valuation of $50 million, co-led by UTXO Management, CMS, and PAKA. In early January 2025, the company plans to launch a large-scale airdrop incentive program to enhance BTC liquidity, followed by a collaboration with CKB’s Fiber Network for liquidity airdrop incentives for CKB and RGB++ assets. The Token Generation Event (TGE) is scheduled for Q1 2025, marking a significant milestone as the first TGE within the Lightning Network ecosystem.
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