User data Financial News
27.10 / 18:19
crypto tax
user data
compliance
Kraken to Release User Data to IRS in Compliance with June Court Mandate
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received in June. The data concerns specific Kraken users who conducted transactions over $20,000 between 2016 and 2020.
17.10 / 07:27
business
Stablecoin
Trading
Altcoin
data
KYC
user data
TrueCoin’s third-party vendor breach potentially leaks TUSD user data
Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third-party vendors got compromised.
05.10 / 10:53
Target
Digital
Google
Platform
President
cover
gatherings
user data
end
Google changes user data practices to end German antitrust probe
Google has agreed to change its user data practices to end a German antitrust investigation aimed at curbing its data-driven market power, the German cartel office said on Thursday. The German antitrust watchdog in January issued a charge sheet known as a statement of objections to Google over its data processing terms, saying that users were not given sufficient choice as to whether and to what extent they agree to the far-reaching processing of their data across the company's services.
22.09 / 14:21
business
privacy
security
data
user data
Nansen third-party vendor suffers security breach, user data affected
Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8% of its users.
10.07 / 17:11
business
hacks
Gaming
user data
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
A post appeared on a hackers’ forum on July 8 offering information allegedly hacked from gaming hardware maker Razer.
01.07 / 10:29
Blockchain
regulation
IRS
Kraken
Taxes
user data
compliance
Kraken ordered by court to disclose user data to IRS for tax compliance
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that information to see if any of the exchange's users had underreported their taxes.
30.03 / 10:59
business
Technology
Microsoft
Europe
Google
Apple
user data
Government requests for user data from Big Tech increased by 25%: Report
How Big Tech companies treat user data has been controversial for so long. Meta, Apple, Google and Microsoft are often accused of collecting and selling the personal data of their users. Though, where exactly this data goes and how much of it is given over to companies and governments can still be unclear.
29.11 / 02:21
business
Facebook
Cybersecurity
Meta
user data
Meta fined €265M for allowing scrapers to steal Facebook's centralized user data
The Irish Data Protection Commission (DPC) announced on Nov. 28 that it has fined Facebook developer Meta €265m for breach of the European Union’s General Data Protection Regulation (GDPR). Specifically, the commission stated that it had fined Meta for failing to design Facebook in such a way that it would protect users from data breaches.
24.11 / 13:51
wallet
privacy
community
MetaMask
user data
Leading Crypto Wallet MetaMask Reveals it Collects User Data, Faces Backlash From Community
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 can be "fixed soon."
24.11 / 02:17
Amazon
Microsoft
Google
Apple
user data
Crypto is breaking the Google-Amazon-Apple monopoly on user data
For decades, banks and insurance firms employed the same mostly static but highly profitable and centralized business models. Also for decades, Big Tech firms such as Facebook, Microsoft, Amazon, Apple and Google have monopolized user data for their profit. However, blockchain projects could significantly challenge Big Tech’s grip on user data.
22.11 / 15:23
defi
privacy
Uniswap
user data
Uniswap Decentralized Exchange New Privacy Policy Says Platform Will Collect User Data – Here’s What’s Included
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.
13.11 / 04:49
02.05 / 13:39
regulation
Indian Government
Indian
user data
Indian IT Ministry directs crypto exchanges to store user data for 5 years
The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday, forcing crypto exchanges, virtual private network (VPN) providers and data centers to store a wide range of user data for up to five years.
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