Bank of England’s Digital Pound to Preserve User Privacy but Not Offer Anonymity
The Director of Financial Technology Development at the Bank of England said that the digital pound is being created to preserve user privacy but will not be anonymous. Tom Mutton, speaking at the Financial Times conference on digital assets, assured that the central bank h ...
Phishing Attack on MetaMask Leads to Unauthorized Access of Users’ Personal Information
MetaMask, the popular crypto wallet, has recently fallen victim to a phishing attack that has caused the unauthorized access of personal information belonging to its users. ConsenSys, the parent company of MetaMask, has confirmed that users who had submitted personal data to a third-party custome ...
The Sandbox Reports Phishing Email After Security Breach
The Sandbox, a metaverse platform, has reported a security breach that led to some users receiving a phishing email. According to the firm, an unauthorized third party gained access to an employee's computer and used it to send emails to users. The email, titled "Access to The Sandbox (PURELAN ...
General Bytes Announces Refund Plan for Victims of Crypto ATM Hack
General Bytes, a manufacturer of crypto ATMs, has recently announced that they are prepared to reimburse users who were affected by the recent security breach. This breach occurred when hackers were able to gain access to customers' hot wallets by downloading malicious Java applications onto cryp ...
European Parliament Passes Bill to Protect Privacy of Digital Wallets using Zero-Knowledge Proof Technology
The majority vote of the European Parliament has resulted in the passing of a bill that aims to safeguard the privacy of EU citizens' digital wallets by utilizing zero-knowledge proof technology. The plenary session of the European Parliament saw 418 votes in favor of the bill on the digital iden ...