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Alex Thorn, head of research at Galaxy Digital, said that if the IRS's rule that DeFi front-ends are identified as brokers is not rolled back, the DeFi industry will face three options: comply with the IRS's reporting requirements and accept the broker's identification, try to…

Alex Kruger excels in macro trends while Crypto Cred masters technical analysis. Their insights shape crypto market strategies follow them for actionable advice.$ALEX

Worldcoin, now rebranded as World Network, is a cryptocurrency project that aims to create a global identity and financial network. It uses iris biometrics to verify users' identities and provide a unique digital identity, known as World ID.¹ The project was founded in 2019 by Sam Altman, Max Novendstern, and Alex Blania, and has received significant funding from venture capital firms. Worldcoin's token, WLD, is an ERC-20 token on the Ethereum blockchain and is designed to be a utility token with governance properties.² Here are some key features of Worldcoin: - *Iris Biometrics*: Worldcoin uses iris scanning to verify users' identities and provide a unique digital identity. - *World ID*: Worldcoin's digital identity system, which allows users to prove their humanity online. - *WLD Token*: Worldcoin's utility token, which is used for governance and other purposes. - *Global Network*: Worldcoin aims to create a global network of users, with a focus on financial inclusion and identity verification. It's worth noting that Worldcoin has faced some controversy and regulatory challenges, particularly related to privacy concerns and the use of biometric data.Worldcoin, now rebranded as World Network, is a cryptocurrency project that aims to create a global identity and financial network. It uses iris biometrics to verify users' identities and provide a unique digital identity, known as World ID.¹ The project was founded in 2019 by Sam Altman, Max Novendstern, and Alex Blania, and has received significant funding from venture capital firms. Worldcoin's token, WLD, is an ERC-20 token on the Ethereum blockchain and is designed to be a utility token with governance properties.² Here are some key features of Worldcoin: - *Iris Biometrics*: Worldcoin uses iris scanning to verify users' identities and provide a unique digital identity. - *World ID*: Worldcoin's digital identity system, which allows users to prove their humanity online. - *WLD Token*: Worldcoin's utility token, which is used for governance and other purposes. - *Global Network*: Worldcoin aims to create a global network of users, with a focus on financial inclusion and identity verification. It's worth noting that Worldcoin has faced some controversy and regulatory challenges, particularly related to privacy concerns and the use of biometric data.

Worldcoin, now rebranded as World Network, is a cryptocurrency project that aims to create a global identity and financial network. It uses iris biometrics to verify users' identities and provide a unique digital identity, known as World ID.¹ The project was founded in 2019 by Sam Altman, Max Novendstern, and Alex Blania, and has received significant funding from venture capital firms. Worldcoin's token, WLD, is an ERC-20 token on the Ethereum blockchain and is designed to be a utility token with governance properties.² Here are some key features of Worldcoin: - *Iris Biometrics*: Worldcoin uses iris scanning to verify users' identities and provide a unique digital identity. - *World ID*: Worldcoin's digital identity system, which allows users to prove their humanity online. - *WLD Token*: Worldcoin's utility token, which is used for governance and other purposes. - *Global Network*: Worldcoin aims to create a global network of users, with a focus on financial inclusion and identity verification. It's worth noting that Worldcoin has faced some controversy and regulatory challenges, particularly related to privacy concerns and the use of biometric data.Worldcoin, now rebranded as World Network, is a cryptocurrency project that aims to create a global identity and financial network. It uses iris biometrics to verify users' identities and provide a unique digital identity, known as World ID.¹ The project was founded in 2019 by Sam Altman, Max Novendstern, and Alex Blania, and has received significant funding from venture capital firms. Worldcoin's token, WLD, is an ERC-20 token on the Ethereum blockchain and is designed to be a utility token with governance properties.² Here are some key features of Worldcoin: - *Iris Biometrics*: Worldcoin uses iris scanning to verify users' identities and provide a unique digital identity. - *World ID*: Worldcoin's digital identity system, which allows users to prove their humanity online. - *WLD Token*: Worldcoin's utility token, which is used for governance and other purposes. - *Global Network*: Worldcoin aims to create a global network of users, with a focus on financial inclusion and identity verification. It's worth noting that Worldcoin has faced some controversy and regulatory challenges, particularly related to privacy concerns and the use of biometric data.

Crypto Loss Story: Lessons Learned and Recovery Strategy Crypto Loss Story Alex, a novice investor, invested $10,000 in a popular altcoin during a bull run, hoping to make quick profits. However, the market suddenly reversed, and the altcoin's value plummeted by 70%. Lessons Learned 1. *Lack of research*: Insufficient research on the altcoin, its technology, and market trends. 2. *Insufficient risk management*: Over-investment in a single asset, exposing himself to excessive risk. 3. *Emotional decision-making*: Impulsive decisions based on fear and greed, rather than a well-thought-out strategy. 4. *No exit strategy*: Failure to set clear profit-taking or stop-loss levels, leading to significant losses. Recovery Strategy 1. *Assess the damage*: Evaluate the extent of the losses and adjust expectations. 2. *Rebalance the portfolio*: Diversify investments to minimize risk and maximize potential returns. 3. *Develop a risk management plan*: Set clear risk tolerance levels and implement strategies to mitigate potential losses. 4. *Create an exit strategy*: Establish clear profit-taking and stop-loss levels to avoid significant losses. 5. *Stay informed and educated*: Continuously learn about the cryptocurrency market, its trends, and best practices. 6. *Diversify investments*: Spread investments across different asset classes, sectors, and geographic regions. 7. *Avoid emotional decision-making*: Make informed, data-driven decisions, rather than impulsive ones based on emotions. Key Takeaways 1. *Conduct thorough research*: Before investing in any cryptocurrency, research its technology, market trends, and potential risks. 2. *Manage risk effectively*: Diversify investments, set clear risk tolerance levels, and implement strategies to mitigate potential losses. 3. *Stay informed and educated*: Continuously learn about the cryptocurrency market, its trends, and best practices. 4. *Avoid emotional decision-making*: Make informed, data-driven decisions, rather than impulsive ones based on emotions.