Crypto News Roundup: World ID in Philippines, Gaming, Musk-Fetterman Feud, and Russian Mining Losses

February 18, 2025 – A flurry of crypto-related news has emerged today, covering everything from a new identity system rollout to concerns about data security and even a heated exchange between a tech mogul and a senator.

World Network Debuts in the Philippines

World Network has launched its World ID service in the Philippines, a country known for its strong social media presence. The rollout marks a significant step for the network, but it has also faced criticism regarding the collection of sensitive biometric data, particularly iris scans. World Network defends its data practices, emphasizing the use of zero-knowledge proofs to store biometric data locally on user devices.

Gaming Meets Crypto Wealth in BitLemons

BitLemons, a new platform, seeks to capitalize on the growing GambleFi market by merging cryptocurrencies with casino games. The platform offers users the potential to earn cryptocurrency through gameplay.

Musk and Fetterman Spar Over D.O.G.E and Taxpayer Data

Tesla CEO Elon Musk has responded to US Senator John Fetterman’s concerns about the Department of Government Efficiency (D.O.G.E). Fetterman raised concerns over D.O.G.E’s potential access to private taxpayer data, sparking a public exchange on X.

Libra’s Apparent Rug Pull and Solana’s Memecoin Complex

The price of Solana (SOL) has dropped significantly, highlighting the volatility within the Solana ecosystem, and the recent apparent rug pull involving Libra. This further illustrates the risks associated with memecoins and projects within this complex market sector.

Russian Power Company Reports $14 Million in Crypto Mining Damages

A Russian power company, Rosseti, has reported $14 million in damages related to illegal cryptocurrency mining operations. One individual reportedly operated approximately 3,200 mining devices, leading to substantial electricity theft.