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Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities
20.3.2024
A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance...
Nigeria Targets Binance for User Data in Crypto Crackdown
13.3.2024
Nigerian authorities have reportedly requested Binance to provide information on its top 100 users in the country, along with its entire transaction history for the past six months.
The post Nigeria Targets Binance for User Data in Crypto Crackdown appeared first on Cryptonews
After Exit Scam, Incognito Darknet Market Operators Now Threaten User Data Leak in Extortion Twist
12.3.2024
Numerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind Incognito claims possession of crypto asset...
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
16.2.2024
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that,...
Privacy Advocate Exposes Ledger Live’s Tracking of User Data and Network Activity
28.12.2023
Source: Pixabay A privacy advocate has alleged that the Ledger Live wallet software monitors its users and gathers information about them. In an X post published on Wednesday, privacy advocate and app developer REKTBuilder reported that Ledger Live conducts a “genuine device check” whenever users...
CFTC’s Request for Coinbase User Data Linked to Bybit Investigation – What’s Going On?
29.11.2023
Source: Adobe / Rafael Henrique Coinbase users are reportedly receiving emails notifying them that their customer information might be shared with the US Commodities Futures Trading Commission (CFTC) following a subpoena served to Coinbase. While the exchange has not publicly commented on...
Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud
13.11.2023
The hackers say they have nabbed the data of about 300,000 users of Coin Cloud residing in the United States and Brazil
Kraken to Release User Data to IRS in Compliance with June Court Mandate
27.10.2023
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received...
TrueCoin’s third-party vendor breach potentially leaks TUSD user data
17.10.2023
TrueCoin’s internal systems were not impacted or accessed, as the company confirmed that the attack was an isolated incident and limited to a third-party vendor
Nansen third-party vendor suffers security breach, affects user data
22.9.2023
The crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system who were promptly informed of the incident
Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala
5.9.2023
According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that “none of the current generation Web3 protocols are...
Friend.tech denies report that database of over 100K users was ‘leaked’
22.8.2023
Friend.tech has hit back at a report which suggested that its API “leaked” personal data of its users
Facebook Owner Meta May Launch Chatbot ‘Personas’ Next Month, Report
5.8.2023
U.S. tech giant Meta is preparing to launch multiple chatbots powered by artificial intelligence (AI) as early as September. According to an article quoting knowledgeable sources, the company seeks to encourage user engagement on its social media platforms with the chatbots that could also be used...
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
10.7.2023
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet
Kraken ordered by court to disclose user data to IRS for tax compliance
1.7.2023
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year
Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands
9.4.2023
Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added....
Government requests for user data from Big Tech increased by 25%: data
30.3.2023
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world
Meta fined €265M for allowing scrapers to steal Facebook's centralized user data
28.11.2022
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way
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...
Leading Crypto Wallet MetaMask Reveals it Collects User Data, Faces Backlash From Community
24.11.2022
Major Ethereum (ETH)-focused blockchain company ConsenSys updated its privacy policy on Wednesday, stating that the popular crypto wallet MetaMask will be collecting certain user data - much to the dissatisfaction of the privacy-loving community. The wallet co-founder, however, said that this...