Spain

Rising Cryptocurrency Trends: Bitcoin Surges, Solana Soars, and Worldcoin Confronts Controversy in Spain

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Bitcoin hits new high, Solana price jumps as memecoins mania rises and Worldcoin faces heat in SpainWelcome to TechCrunch Crypto, formerly known as Chain Reaction. Hello and welcome back to the TechCrunch Crypto newsletter. This week in web3Crunching numbersAs mentioned, this week the crypto space saw all-time highs for bitcoin, again. Memecoins across the Ethereum, Solana and Avalanche blockchains have seen a huge rally as the crypto market continues to expand. It’s important to remember that while some memecoins will retain price support for an extended period of time, some can plummet within days, or hours.

“Empowering Solar Power in Spain: SolarMente, with Support from Leonardo DiCaprio’s Backing”

Solarmente Co Founders Wouter Draijer And Victor Gardrinier
Draijer said the company started off as an installer of solar panels in Spain, but after the pandemic, it decided it should offer a solar energy management system. “Solar is not a product,” Draijer said, explaining why most Spaniards can’t or just don’t want to pay upfront for solar panels. That’s why SolarMente offers subscription-based energy management services, which include installing solar panels without upfront costs. “We’re using this round to really power our super app for home energy,” Gardrinier said. But first, SolarMente wants to further expand across Spain, where its subscription solar offer just became available nationwide, Draijer told TechCrunch.

“Spain Implements Temporary Ban on Worldcoin Due to Privacy Worries”

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Spain’s data protection authority has ordered Worldcoin to temporarily stop collecting and processing personal data from the market. Data protection authorities can also demand unlawful processing to stop, including temporarily if they are concerned people’s rights are at serious risk, as is happening here. An investigation was opened by France’s data protection authority last year. It also said then that it would be seeking to ascertain whether Worldcoin had carried out a data protection impact assessment. In another set-back last year, Kenya’s data protection authority issued a ban on Worldcoin’s local processing.

Spain Challenges Legality of Meta’s Use of Content Moderating Subcontractors

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The Barcelona court accepted that the mental problems suffered by the worker are not a common illness but a work accident, per the newspaper. Meta’s subcontractor had processed his absence from work as common ailment and sought to deny responsibility for any psychological harms suffered from reviewing violent content uploaded to Facebook and Instagram. Meta also noted it provides technical solutions to subcontractors which are intended to enable content reviewers to limit their exposure to graphic material they are being asked to moderate as much as possible. In the article the newspaper quotes a worker describing the support provided by their employer, and Meta’s subcontractor, as “very insufficient”. Legal rulings that impose requirements on third party content reviewers to take care of workers’ mental health could put limits on the model, however.