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Nalezeno "Data Collection": 44

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...

UK Government Backtracks on Unhosted Wallet Data Collection Proposal

20.6.2022
The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details

MachineFi Lab Raises $10M to Incentivize IoT Data Collection for Web 3

7.6.2022
Samsung Next was among the backers of the round, which pushed MachineFi to a $100 million valuation

Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech

23.5.2022
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores...

Crypto Exchange Korbit Charged for ‘Excessive Customer Data Collection’

17.7.2021
The South Korean crypto exchange Korbit has been hit with a fine over “collecting excessive personal data” from at least one of its customers. According to the news agency Yonhap, the exchange was fined just over USD 4,000 by a government watchdog for ordering a customer who had attempted...

A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection

29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...

US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution

29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...