Worldcoin don waka fine for biometric data wahala as crypto security wahala dey rise

South Korea Personal Information Protection Commission (PIPC) don worldcoin and dem partner Tools for Humanity 850,000 dollars fine because of wetin dem do wey no follow law wey dey involve illegal collection and transfer of biometric data from almost 30,000 users without proper consent. Even with all this regulation wahala, Worldcoin dey expand their market internationally, places like Guatemala, Malaysia, and Poland. Meanwhile, for Hong Kong, one staff for crypto store don steal 500,000 dollars, wey show say dis year na series of thefts wey don total reach 1.4 million dollars. Also, the Japanese exchange DMM Bitcoin dey under scrutiny from regulators after dem carry out serious hack wey link to the notorious Lazarus Group, wey show say security issues still dey big for crypto space. Plus, people dey talk say Terraform Labs fit close some serious services, wey dey raise concerns about how dem go manage Luna tokens wey dey face regulatory pressure. All this things show say people dey focus more on data privacy and security for cryptocurrency business.
Bearish
Diwaka wey Worldcoin get for data privacy wahala, plus di security wahala wey dey happen like di Hong Kong theft and di DMM Bitcoin hack, nah im dey show say market fit dey bearish because people dey watch wetin regulators go do and dem dey fear for security mata. Dis kontri bad news fit scatter confidence and fit make trading volume to drop as traders dey try to be careful. History don show say any regulatory wahala and security issue fit cause market to decline for short term, but wetin go happen long term go depend on how companies and di market go handle dis wahala.