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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...
Ethereum Software Firm ConsenSys Reveals it Collects User Data
24.11.2022
The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected
Crypto is breaking the Google-Amazon-Apple monopoly on user data
23.11.2022
Blockchain is undermining Big Tech companies and cloud providers, particularly when it comes to the Internet of Things
Uniswap Decentralized Exchange New Privacy Policy Says Platform Will Collect User Data – Here’s What’s Included
22.11.2022
Major decentralized exchange (DEX) Uniswap has upgraded its privacy policy and now collects certain on-chain and off-chain data from users, a move that has attracted the ire of some members of the crypto community.
Uniswap Labs, the development firm behind Uniswap, announced the news in...
Plaid suspends FTX.US access to user data after 'concerning' reports
13.11.2022
United-States-based Twitter users had been reporting suspicious data access requests from FTX.US to their bank accounts
TheTrade Is a Game-Changer in the Uniswap V3 Market of 2023
18.10.2022
PRESS RELEASE. Digital currency made splashes in the 2010s with a promise of decentralization and ultimate user privacy. However, most well-known crypto exchange giants, like Binance or Coinbase, are CEXs by essence. It means they are centralized exchange platforms, offering custodial wallets...
DappRadar Says It’s Recalculating Decentraland User Data
12.10.2022
The data tool is working together with the metaverse platform to more accurately track its number of daily “active users” following a CoinDesk report
Wordcel Works With Bundlr to Save Important User Data Permanently
19.7.2022
Wordcel has announced that it has integrated with Bundlr to permanently store all the important data of its users on Arweave. The integration would help Wordcel protect its users from their data getting deleted and censored. Data that would be protected includes images, articles, and more. Wordcel...
Indian IT Ministry directs crypto exchanges to store user data for 5 years
2.5.2022
The new directives for VPN service providers and crypto exchanges would require them to collect critical private information as well as the ownership patterns of customers
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
23.4.2022
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion...
Swash Integrates the Filecoin Network for User Data Security
18.2.2022
Swash integrates Filecoin’s decentralized storage network to preserve better and secure data that is critical to the digital economy. Swash will use Estuary to incorporate decentralized storage, which allows developers to upload data to Filecoin effortlessly. As the Swash app approaches...
Iranian Tax Authority Urges Regulators to Legalize Cryptocurrency Exchanges
12.8.2021
The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing restrictions could negatively affect tax collection. Tax Agency Wants to Obtain User Data From...
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
6.5.2021
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto...
User Data Issue Threatens to Blight New South Korean Crypto Regulation
5.3.2021
A South Korean regulator has warned of a wrinkle in forthcoming crypto exchange-governing – just days from its promulgation. At worst, the issue could leave sensitive data about customers compromised due to a legal problem.
As previously reported, a key amendment to the existing Act on...
KeepChange Foils Bitcoin Theft but Loses User Data in Sunday Breach
9.2.2021
The bitcoin marketplace has halted withdrawal requests temporarily
US FTC digs into Big Tech's centralized reservoirs of user data
14.12.2020
As antitrust enforcement hits Facebook and Google, the Federal Trade Commission is digging into misuse of consumer data
Crypto Exchange Liquid Says User Data Possibly Exposed in Security Breach
18.11.2020
The exchange said customer funds are safe
Coinbase Received 1,900 Requests for Client Info From Law Enforcement During First Half of 2020
17.10.2020
Coinbase has revealed that it received a total of 1,914 requests for customer data from global law enforcement agencies during the first six months of 2020. It is, however, not clear how many of the requests were fulfilled. In its first so-called“transparency report” published Friday...
Personal Data of 250,000 People From 20 Countries Leaked by Bitcoin Scam
5.7.2020
A global bitcoin scam has reportedly leaked personal data of about 250,000 people from more than 20 countries. The majority of the compromised data were of people in the U.K., Australia, South Africa, and the U.S. This bitcoin scam operates under several different names. Investors’ Personal...
66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns
8.6.2020
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would...