Privacy Financial News

05.04 / 21:59

Technology Adoption privacy DAO Tech ChatGPT OpenAI needs a DAO to manage ChatGPT

ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that ensures privacy, neutrality and decentralized knowledge. A decentralized autonomous organization (DAO) can be the solution to these issues.

04.04 / 18:09

Blockchain privacy Web3 data Decentralization identity Web3 digital identity is here to stay, but it has a long way to go

In today’s digital age, most consumers have some form of digital identity. Whether it’s a social media profile, gamer tag or online banking credentials, digital identities have become an integral part of people’s daily lives.

03.04 / 10:45

Adoption regulation privacy security ChatGPT chatbot Italian regulator draws criticism for blocking AI chatbot ChatGPT

Italy's ban on conversational artificial intelligence (AI) ChatGPT sparked major controversy among the tech industry as well as in the country. The Italian Deputy Prime Minister Matteo Salvini expressed criticism that the block over privacy concerns seemed excessive.

29.03 / 20:29

Blockchain privacy Nodes Bitcoin Core Bitcoin Wallet Bitcoin Mysterious entity may be collecting BTC users' IP addresses — Bitcoin developer

An unknown person or group may be collecting the IP addresses of Bitcoin (BTC) users and linking them to their BTC addresses, violating the privacy of these users, according to a blog post from pseudonymous Bitcoin app developer 0xB10C. The entity has been active since March 2018, and its IP addresses have shown up on several public posts from Bitcoin node operators over the past several years.

24.03 / 01:13

Government Stablecoin CBDC regulation privacy Future The world could be facing a dark future thanks to CBDCs

During the financial crisis of 2007–2008, many people lost trust in traditional financial institutions and turned to alternative forms of currency, such as cryptocurrencies. It was a way for people to maintain their financial freedom and privacy in a system that had let them down. However, the rise of central bank digital currencies (CBDCs) raises serious concerns about privacy and freedom.

21.03 / 18:31

Government Law privacy us government Congress Congressional privacy proposals could kill scores of blockchain projects

With public trust in large tech companies at an all-time low, Congress is once again considering comprehensive data privacy legislation. But the rise of blockchain technologies and the nascent decentralized web mean that these comprehensive proposals are already behind the times. Without major revisions, these legislative proposals risk strangling decentralizing technologies in the cradle.

20.03 / 14:09

Blockchain Ethereum defi privacy Bitcoin After scalability, privacy is the next big thing in the blockchain space

Public blockchains provide decentralization and transparency, but they lack on the privacy side. The anonymity of transactions on blockchains like Bitcoin (BTC) and Ethereum (ETH) is steadily losing ground, as transactions and addresses are easily tracked. With KYC imposed on most crypto exchanges, the majority of blockchain transactions can be traced to their initiators, exposing user activity, holdings, and financial data.

13.03 / 13:55

Ethereum defi privacy Smart Contracts Cryptography zk-Rollup network Blockchain Network Privacy-focused blockchain network closes Aztec Connect tool

Privacy-oriented blockchain platform Aztec is preparing to shut down Aztec Connect, the network’s privacy infrastructure serving as the encryption layer for Ethereum.

07.03 / 06:33

Blockchain Ethereum Adoption privacy Developers us government Tornado Cash dev says 'sequel' to crypto mixer aims to be regulator-friendly

A former Tornado Cash developer claims to be building a new crypto mixing service that aims to solve a “critical flaw” of the sanctioned crypto mixer — which he hopes will convince U.S. regulators to reconsider its position on privacy mixers.

01.03 / 08:51

CBDC regulation privacy Federal Reserve sanctions United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden advisor

The creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national security of the U.S. according to a former top advisor in president Joe Biden’s administration.

19.02 / 16:05

Blockchain privacy Encryption 'Privacy has become a taboo,' says crypto anarchist project DarkFi

The first critique of centralized authority was introduced by Pierre-Joseph Proudhon in 1848, a few years after publishing his now-classic book What is Property?, calling for the abolition of property and the state. As per Proudhon's view, without economic change, any political change would be limited.

16.02 / 16:27

business Adoption defi privacy Web3 Decentralization Messaging App seed funding Web3 communication app goes after Twitter with $12.5M seed funding

Developers of one of the earliest Android-based mobile browsers are working to bring online communication to the next level by introducing it to Web3.

16.02 / 13:01

Adoption regulation Europe privacy European Union European Union discusses using zero-knowledge proofs for digital IDs

The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central bank digital currency (CBDC) project lacks the anonymity standards of private cryptocurrencies.

15.02 / 08:53

business Blockchain Binance Hackers privacy data freeze Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022.

14.02 / 17:07

business Blockchain Technology Adoption NFT privacy security The ethics of the metaverse: Privacy, ownership and control

The metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and control. These consist of:

13.02 / 23:21

defi privacy Decentralization ConsenSys MetaMask Infura is to blame for MetaMask’s violation of the crypto spirit

Censorship resistance is the foundation of crypto, so for many cryptocurrency purists, the Nov. 23 announcement by ConsenSys, the New York-based company behind the leading Ethereum browser wallet, informing its 20 million MetaMask users that their IP and wallet addresses would be collected was simply a gross violation of the crypto spirit.

10.02 / 23:09

business Blockchain Law privacy SecretDAO votes to restructure foundation after public spat between organizations

The DAO that governs privacy-focused blockchain Secret Network (SCRT) has voted to restructure its Secret Foundation as a non-profit with a “transparent operation,” according to the proposal’s official page.

25.01 / 01:29

Ethereum privacy Ethereum's Vitalik Buterin Proposes ‘Stealth Address’ System to Enhance Blockchain Privacy – Here’s How it Works

Ethereum creator Vitalik Buterin has proposed a new “stealth address” system for Ethereum that would dramatically improve and simplify the workflow for achieving privacy for ordinary users.

24.01 / 07:49

business Blockchain Law Adoption privacy Scams Usd Coin Lawyers NFT-delivered court orders an answer to blockchain-related litigation: Lawyers

Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers.

23.01 / 06:15

business Blockchain Ethereum Adoption defi privacy Vitalik Buterin divulges the 'largest remaining challenge' in Ethereum

Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy.

18.01 / 00:31

business Adoption regulation privacy WEF panel discusses the coming tokenized economy

In a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become increasingly tokenized in the future. Carbon credits, housing, electricity, government bonds, forex, and other real-world assets will be traded on the blockchain, according to the panel.

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