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Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for 90 Days
26.3.2024
The National Data Protection Commission (CNPD) of Portugal has taken decisive action by issuing a statement temporarily restricting Worldcoin's biometric data collection through its Orb devices within the country.
The post Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for...
South Korea Launches Investigation Into Worldcoin’s Data Collection Practices
6.3.2024
The government of South Korea has opened an investigation into Worldcoin, the iris scanning cryptocurrency and digital wallet project. According to a press release, the Personal Information Protection Commission, the data privacy watchdog in the country, will investigate the actions taken...
South Korea Investigates Worldcoin Over Data Collection Concerns
4.3.2024
A South Korean committee responsible for personal information matters is probing Worldcoin for collecting and processing sensitive information.
The post South Korea Investigates Worldcoin Over Data Collection Concerns appeared first on Cryptonews
Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit
3.3.2024
In a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms Win Case Against Bitcoin Mining Data Survey...
Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin Mining Data Order
23.2.2024
The Texas Blockchain Council and crypto miner Riot Platforms sued the US Energy Information Administration on Wednesday, accusing the agency of making unlawful data collection demands from the Bitcoin mining sector.
The post Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin...
Blockchain Industry Groups Call EIA’s Moves on Bitcoin Mining as ‘politically Motivated’
9.2.2024
Two blockchain industry groups have called the US Energy Department’s mandatory data collection from crypto mining operators as “politically motivated campaign.” Texas Blockchain Council president Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring presented an industry statement...
IRS proposes unprecedented data-collection on crypto users
23.10.2023
The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
28.9.2023
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement...
France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris
3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....
Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures
10.8.2023
The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to the Worldcoin Foundation requesting information...
Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process
4.8.2023
On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’...
Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities
3.8.2023
The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
1.8.2023
Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection...
Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices
29.7.2023
The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data acquisition processes, CNIL is also delving into how this biometric data...
French Privacy Watchdog Raises Concerns Over Worldcoin's Data Collection; Collaborating with Germany for Investigation
29.7.2023
European regulators, including the French National Commission on Informatics and Liberty (CNIL) and the Bavarian state authority in Germany, are raising legal concerns about Worldcoin's data collection methods.
In an email on Friday, July 28, CNIL said: "The legality of this collection seems...
French privacy watchdog questions Worldcoin's data collection method: Report
28.7.2023
The French data protection agency CNIL said that it finds the legality of Worldcoin’s collection methods “questionable” as are its conditions for storing the data
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms, ConsenSys Releases Data Collection Update
6.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms...
Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses
25.11.2022
Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently...
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
1.11.2022
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games...