Huddle01 CEO explains why communications tech must be decentralized

The means by which humans communicate and coordinate are ever-evolving. People went from sending smoke signals and messengers on horseback to sending letters and telegrams, and since the dawn of the digital era, the pace of innovation has exploded.Today, hundreds or even thousands of peopl ...

Italian regulators investigate online AI data scraping

The Italian Data Protection Authority, a local privacy regulator, announced the launch of a “fact-finding” investigation on Nov. 22, in which it will look into the practice of data gathering to train artificial intelligence (AI) algorithms.The investigation aims to verify the adoption of a ...

Can blockchain supply the guardrails to keep AI on course?

Artificial intelligence (AI) and blockchain are emerging digital technologies that have captured the public imagination but also raised serious concerns.So it bears asking: Can AI and blockchain be integrated in a way that benefits humanity? There are reasons to think so. As far bac ...

Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions

Republican U.S. Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on November 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas. Called, “The Three Freedoms of Crypto,” the framework states that developers of smart contract code shou ...

Can crypto Privacy Pools help balance privacy and regulation?

Ethereum co-founder Vitalik Buterin recently authored a research paper, the primary focus of which was integrating privacy features into blockchain transactions while ensuring compliance with a range of regulatory requirements.Experts from various backgrounds collaborated on this research ...

Telegram Wallet avoided self-custody to ease crypto onboarding, COO says

Telegram Wallet, a major Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has chosen custody over self-custody to chase easier onboarding goals, according to a senior executive.In July 2023, crypto-friendly Telegram messenger officially announced the integra ...

Worldcoin claims 4 million app downloads and 1 million active users

Iris-scanning project Worldcoin has reached a new milestone, as its mobile World App has now been downloaded over 4 million times, according to a November 1 blog post from the project’s team. If this number is eventually confirmed by Coingecko, it could place World App in sixth place in Coi ...

NEAR taps Nym for metadata privacy, encryption services

Layer 1 protocol NEAR has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem.Nym, which provides blockchain agnostic ‘layer 0’ privacy infrastructure, will avail its mixnet tools to encrypt and cloak blockchain traffic and c ...

Biden administration releases executive order for new AI safety standards

The administration of United States President Joe Biden released an executive order on Oct. 30 establishing new standards for artificial intelligence (AI) safety and security. Biden’s address said it is building off previous actions taken, including AI safety commitments from 15 leadi ...

Crypto advocates file amicus brief to address users’ Fourth Amendment privacy rights

Cryptocurrency advocacy group DeFi Education Fund (DEF) has urged a United States court to consider the unique aspects of blockchain technology when evaluating the privacy rights of cryptocurrency users under the Fourth Amendment.DEF filed an amicus brief to the U.S. Court of Appeals (Firs ...

US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court

U.S. surveillance and facial recognition firm Clearview AI has won a court appeal in the United Kingdom after being accused of alleged infractions related to the U.K’s general data protection regulation (GDPR). Originally, the company was fined nearly $10 million for breaches of the U ...

Google requests dismissal of AI data scraping class-action suit

Big Tech player Google is seeking to dismiss a proposed class-action lawsuit that claims it’s violating the privacy and property rights of millions of internet users by scraping data to train its artificial intelligence models. Google filed the motion on Oct. 17 in a California Distri ...

Crypto Analytics Firm Nansen Reports Security Breach Affecting 6.8% of Users

Nansen, a well-known crypto and blockchain analytics company, has reported a security breach involving one of its third-party vendors, affecting 6.8% of its users. The breach granted hackers access to admin rights for an account used to provision customer access to the Nansen platform. While Nans ...

Title: “Competitive Enterprise Institute Supports Anti-CBDC Bill in U.S. Congress

A Washington, D.C.-based think tank, the Competitive Enterprise Institute (CEI), is backing an anti-CBDC (Central Bank Digital Currency) bill in the U.S. Congress. The CEI is advocating for legislation that would prevent the Federal Reserve from issuing or overseeing the development of a CBDC. The b ...

Meta’s assault on privacy should serve as a warning against AI

In an increasingly AI-driven world, blockchain could play a critical role in preventing the sins committed by apps like Facebook from becoming widespread and normalized.Artificial intelligence platforms such as ChatGPT and Google’s Bard have entered the mainstream and have already be ...

Casa wallet launches Ethereum vault relay service for increased user privacy

Cryptocurrency self-custody platform Casa has rolled out new functionality for its recently launched Ethereum (ETH) vaults that will allow users to transact via a relay for added privacy.Casa added a multisignature Ethereum self-custody vault to its initial Bitcoin (BTC) custody offer ...

Financial privacy and regulation can co-exist with ZK-proofs — Vitalik Buterin

Ethereum co-founder Vitalik Buterin has published a research paper diving into privacy pools systems as a tool to achieve more privacy in financial transactions, allowing users to prove dissociation from illicit funds through zero-knowledge proof technology.The document initially discusses ...

Worldcoin signs up over 9K users in Argentina in a single day despite criticism

Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day signups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the p ...

If Worldcoin can improve the world, why not give it a chance?

All eyes have been on Worldcoin (WLD) since the July 24 launch of its “World ID” system. The issues associated with the launch have been well reported at this juncture. They include possible onboarding security risks along with Worldcoin’s use of biometric data, which is now under investigation b ...

Digital Fortress, Part 1: How to safeguard digital assets in Web3

Why is protecting your digital assets in the Web3 era important?What are the most prominent security threats in the Web3 ecosystem?What measures should you take to safely navigate in Web3?DHow to choose the right tool to safeguard your digital assets ...

Friend.tech Disputes ‘Leaked’ Data Claims, Clarifies Source of Information

The team behind the viral decentralized social media platform Friend.tech has refuted a report that claimed that the personal information of more than 100,000 of its users was “leaked.” The now-amended report, first posted by The Block, suggested that data posted by Banteg, a pseudonymous develop ...

China Mobile’s Proposal for Digital Identification in Meta-Universe Raises Privacy and Security Concerns

State-owned telecommunications company China Mobile has proposed to introduce digital identification for all meta-universe users for the sake of maintaining order and security in the virtual world. The digital ID of meta-universe users should include, China Mobile suggests, a range of data includ ...

Argentine agency opens investigation into Worldcoin over biometric data

Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage ...

OpenAI launches web crawler ‘GPTBot’ amid plans for next model: GPT-5

Artificial intelligence firm OpenAI has launched “GPTBot” — its new web crawling tool which it says could potentially be used to improve future ChatGPT models.“Web pages crawled with the GPTBot user agent may potentially be used to improve future models,” Open ...

Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK

The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of its World ID ecosystem by submitting scans of their irises through a device Worldcoin calls an Orb. According to sec ...

Worldcoin: Should you let Sam Altman scan your eyeballs for WLD?

OpenAI founder Sam Altman launched Worldcoin in July, a cryptocurrency token offered to people willing to share their biometric data by scanning their eyeballs with an Orb, seeking to link real-world identity with decentralized blockchain identity. Many aspects of the project embody the dystopian ...

Worldcoin is making reality look like a lot like Black Mirror

Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.The launch of Worldcoi ...

ZK proofs could change the internet, not just Web3 — Aleo exec

Zero-knowledge proofs could be used to solve the “biggest problem” plaguing the internet today: privacy, according to one cryptocurrency executive. Speaking with Cointelegraph at the Ethereum Community Conference (EthCC) the marketing chief at privacy-focused infrastructure pla ...

Enterprise blockchain: ‘Ethereum for Business’ explains key use cases

The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation. Recent findings from the market research platform, MarketsandMarkets, estimated the global b ...

Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it’s to find bad actors

The chief of the startup blockchain intelligence platform Arkham has refuted claims by the crypto community that its new “Intel Exchange” is a “snitch-to-earn” or “dox-to-earn” system.On a July 11 Twitter Space, Arkham CEO Miguel Morel discussed the publ ...

Google updates its privacy policy to allow data scraping for AI training

Google has made updates to its privacy policy that now allow it to take any publicly available data and use it for artificial intelligence (AI) training purposes. The update to the company’s privacy policy came on July 1 and can be compared to previous versions of the policy via a link pub ...

TON blockchain launches on-chain encrypted messaging feature

The Open Network (TON) has released an on-chain encrypted messaging feature, according to a July 3 announcement from the network’s developer, TON Foundation. The new feature allows for private messages to be sent between TON users.  ...

Binance caves to pressure over coin listings, scoring a win for privacy

Privacy advocates scored a big win in June with Binance’s announcement that it was backtracking on a decision to delist privacy coins for users in a number of European countries.As a result of the move, users in Italy, Poland, Spain and France will be permitted to continue trading tokens i ...

Think AI tools aren’t harvesting your data? Guess again

The meteoric ascent of generative artificial intelligence has created a bonafide technology sensation thanks to user-focused products such as OpenAI’s ChatGPT, Dall-E and Lensa. But the boom in user-friendly AI has arrived in conjunction with users seemingly ignoring or being left in the da ...

Israeli crypto entrepreneur joins privacy-focused project amid fraud allegations

Moshe Hogeg, an Israeli entrepreneur, has returned to the spotlight of the crypto industry after speaking at a conference in Morocco on ‘alternative internet network’ Tomi.Speaking at the Nakamoto Forum in Marrakech on June 6, Hogeg was one of a handful of project leaders at Tomi who spoke ...

Privacy should be considered in ‘potential retail CBDC’ — Treasury official

Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.On June 13 the Treasury Department’s Assistant Secretary for Financial Institutions Graham Steele spoke at a payments-focused conference in ...

Vitalik Buterin: Ethereum ‘fails’ without these 3 important ‘transitions’

Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security and privacy-preserving features.In a June 9 post via his personal blog, ...

Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches

Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs within their browsers, letting them interact with Aleo’s ZK-based apps. Aleo is ...

Bill Introduced to Halt Digital Dollar Testing by U.S. Federal Reserve

House Member Alex Mooney of West Virginia introduced a bill against digital dollar testing that the U.S. Federal Reserve could conduct without congressional authorization. The proposed bill seeks to prevent the U.S. Federal Reserve (Fed) from launching a digital dollar pilo ...

Bank of Japan Continues Digital Yen Pilot Project After Successful Second Phase

Bank of Japan (BOJ) released a report in which it said that after the successful completion of the second phase of the digital yen pilot project, the authorities decided to continue the program. The second phase of testing of the state cryptocurrency took place between Apri ...

Worldcoin Raises $115 Million in Funding Round Led by Blockchain Capital

The developer of the crypto project Worldcoin - Tools for Humanity - was able to raise $115 million in a new funding round, led by Blockchain Capital. A16z, Bain Capital Crypto and Distributed Global also participated in the round. "As we enter the era of ...

Trezor Cold Wallet Sales Surge Amidst Ledger’s Scandal

The company said it would never add a seed-phrase extraction feature Ledger, which also got caught lying about the firmware of its wallets, had previously been noticed in such a way This is why demand for Trezor products increased Last week sales of T ...

Worldcoin Raises $115 Million in Series C Funding for Development of World App and Token Launch

The startup has already raised $240 million in total The project is set to launch the token in late 2023 Cryptocurrency project Worldcoin has completed a $115 million Series C funding round led by Blockchain Capital. The round was led by Blockchain Capital, wi ...

Exploring Web3: The Future of the Internet with Decentralized Data Storage

"Internet of the Future" in the form of a World Wide Web concept based on cryptocurrency technology and decentralization, known as Web3, solves some of the problems of today's global network. Specialists of the cryptocurrency exchange Coinex in one of the recently published ...

Controversial Legal Trial Declares Tornado Cash Mixer Blockade Legitimate

This is the thesis contained in the materials of the trial on the legality of the blocking of the mixer The agency also shifted the responsibility for misconduct on the site In early May there was a trial on the legality of the blocking of the service Tornado Cas ...

Weekly Roundup: Blockworks Media Portal Leads Fundraising, Unveiling Top Investments and Active Funds

Blockworks Media Portal has raised the most money Three projects have not announced investments The most active funds this week were Polygon Fund, Animoca Brands and Alchemy All of them participated in three rounds of funding A ...

Aztec Labs Unveils Roadmap for Encrypted Smart Contract Ecosystem

This is an encrypted smart contract ecosystem It's radically different from zkEVM Aztec Labs unveiled a roadmap for hybrid zkRollup Level 2. It will be called Aztec. This is an encrypted architecture for using blockchains without revealing user identifying inform ...

Survey Reveals Features Wanted by Potential Digital Euro Users

The European Central Bank (ECB), together with the London-based analytical company Kantar Group, conducted a survey among potential users of the digital euro, what features they would like to see in it. The survey involved 321 respondents from Germany, Belgium, Spain, Ire ...

European Commission Concerned about Big Tech Dominance in Metaverse Market

The European Commission is worried about the potential dominance of big tech firms in the metaverse market, which may overshadow European startups. To address this, the Commission recently released a consultation paper outlining the benefits of the Metaverse and its potential to create new busine ...

Bitcoin Wallet Owners’ Privacy at Risk: LinkingLion Collecting Personal Data

As per the application developer of the Bitcoin network who goes by the name 0xB10C, the security of personal information of Bitcoin wallet owners is under threat. A group or an individual named LinkingLion has been gathering data on Bitcoin owners since March 2018 and has used over 800 different ...

Innovative Security Measures Needed to Ensure Privacy in Metaverse

Researchers from the University of California at Berkeley have predicted a lack of privacy in the metaverse unless innovative security measures are implemented. Devices used to connect to the metaverse can pose a threat to privacy due to the possibility of telemetry data identification. Ventur ...

Digital Currencies of Central Banks to Grow by 210,000% by 2030, Juniper Research Finds

According to recent findings from Juniper Research, digital currencies issued by central banks are expected to experience significant growth by 2030, with transactions increasing by a staggering 210,000% to a value of $213 billion. Analysts believe that this surge will be fueled by central banks' ...

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 ...