Uniswap Labs has announced that its mobile wallet has integrated Flashbots protection to provide automatic protection for all transactions on the Ethereum network, effectively protecting against MEV attacks such as front-running and sandwich attacks.
A notice issued by Brazil's national data protection authority, ANPD, says it is actively monitoring the activities of World (formerly Worldcoin) in Brazil. Given the risks of processing biometric data, the agency requested information on the tasks performed by the company and launched an investigation into the company's inner workings and the whereabouts of private biometric data. World started operations in Brazil last November and says more than 150,000 people have participated in the project...
South Korea's Financial Services Commission (FSC) has reported its first case of unfair trading under the Virtual Asset User Protection Act, which came into effect in July 2024 and requires local virtual asset service providers (VASPs) to report unusual trading and investigate unfair trading patterns. According to the FSC, the suspect used a "pump and dump" technique to manipulate the market, artificially inflating the price of a cryptocurrency by initiating multiple payers, and then selling a l...
According to CoinWarz data, the Bitcoin hash rate (the total computing power that protects the Bitcoin network) reached an all-time high of 1,000 EH/s on January 3, which is almost double the network hash rate 12 months ago. As of now, the Bitcoin hash rate is 809.3 EH/s.
According to CoinWarz data, the Bitcoin hash rate (the total computing power that protects the Bitcoin network) reached an all-time high of 1,000 EH/s on January 3, which is almost double the network's hash rate 12 months earlier. CoinWarz data shows that in January 2024, Bitcoin's hash rate hovered around 510 EH/s. As of press time, Bitcoin's hash rate has fallen back to around 780 EH/s.
Mr. Musk wrote on social media platform X that the Federal Reserve, which protects the world's largest economy, was "severely overstaffed", following a series of discussions over a post about the Fed's latest policy decisions.
The Italian Data Protection Authority (Garante) announced on December 20 that it has fined ChatGPT manufacturer OpenAI 15 million euros (about $15.58 million) after concluding its investigation into the use of personal data by generative artificial intelligence applications. Garante said it found that OpenAI processed users' personal data in order to train ChatGPT without sufficient legal basis, in violation of the principle of transparency and related information obligations to users.
The German regulator, the Bavarian State Data Protection Supervisory Office, has ordered Worldcoin's human verification project to delete biometric data collected through eye scans. Worldcoin says it has changed its processes, and the German regulator's findings largely relate to outdated operations and technologies that were replaced in 2024. The Bavarian State Data Protection Regulatory Office concluded an investigation that began in April 2023, in a statement on Wednesday.
Glassnode said in a post on the X platform that as of December 5, bitcoin miners have accumulated $71.49 billion for protecting cyber security and processing transactions. The block reward income is $67.31 billion, and the transaction fee income is $4.18 billion.
GlassNode said in a post on X that as of December 5, bitcoin miners have accumulated $71.49 billion for protecting cyber security and processing transactions. The block reward income is $67.31 billion, and the transaction fee income is $4.18 billion.
The U.S. Consumer Financial Protection Bureau (CFPB) finalized a rule Nov. 21 to regulate large non-bank companies that offer digital money transfer and payment wallet applications. The rule will help the CFPB ensure that these companies (especially those that process more than 50 million transactions per year) comply with federal law, as do large banks, credit unions, and other Financial Institution Groups that the CFPB already regulates. The CFPB estimates that the most widely used application...
Meta Platforms (META. O) has ordered it to pay a fine of 21.62 billion won (about $15.67 million) for collecting sensitive user data and providing it to advertisers without a legal basis, the country's Personal Information Protection Commission said in a statement on Tuesday. Meta collected information about about 980,000 South Korean Facebook users on issues such as religion, political views and sexual orientation without their consent. The information was then used by about 4,000 advertisers. ...
Chainlink has launched two new privacy features aimed at Financial Institution Groups that want to use blockchain applications while ensuring complete end-to-end privacy. The new privacy features include the Blockchain Privacy Manager, which supports the integration of private chains with the public Chainlink platform and a crypto protocol called CCIP Private Transactions. Australia and New Zealand Banking Group (ANZ Bank) will be one of the first institutions to pilot Chainlink's privacy featur...
Privacy-preserving data verification protocol zkPass completed a $12.50 million Series A financing at a valuation of $100 million, with participation from dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures and WAGMI Ventures. It is reported that zkPass plans to launch tokens in the first quarter of next year.
On September 26th, according to ZDNet Korea, the Personal Information Protection Commission of Korea (PIPC) has fined Worldcoin Foundation and Tools for Humanity (TFH) for violating the Personal Data Protection Act. Worldcoin Foundation was fined 725 million won (approx. $546,000) for mishandling sensitive information and transferring it abroad. Tools for Humanity (TFH) was fined 379 million won (approx. $285,000) for violating local regulations regarding the outbound transfer of personal data. ...