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” USDC transfer volume hit 5X USDT’s in fallout from FTX collapse “ Stablecoin USD Coin (USDC) has grown in popularity since the collapse of FTX and now frequently reaches daily transfer volumes four to five times that recorded by major competitor Tether (USDT) according to data from blockchain analytics firm Glassnode. That’s despite the…
“Latest Technology Innovations That Can Help You Do More with Less” Getting up to date with the latest technology trends and innovations is important for any business. The latest technology innovations can help improve your productivity, cut costs, and make your work easier. Here are some examples of the latest innovations that can help you…
” Twitter data breach: Hacker put 200M users’ private information up for grabs “ 200 million Twitter users’ private information, including their email addresses, was put for sale after a breach exposed 400M users’ private information in the last week of December 2022. The hacker behind the December breach has earlier demanded $200,000 from Twitter…
” LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges “ A class action lawsuit has been filed against password management service LastPass following a data breach from Aug. 2022. The class action was filed with the U.S. district court of Massachusetts on Jan. 3, by an unnamed plaintiff known only as “John…
“Meta fined $414M in Europe over Facebook, Instagram targeted ads” Facebook and Instagram parent Meta was hit with $414 million in fines by European Union regulators Wednesday for violating privacy laws in a potential blow to the social media company’s lucrative digital advertising strategy. Ireland’s Data Protection Commission, Meta’s top regulator in Europe, flagged the…
” New research indicates boomers make better crypto investors “ As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna. The report says…
” Blockchain analytics unable to prevent FTX-level illicit schemes “ Data transparency has been a focal point for the crypto industry, but the FTX fiasco has shown that centralized exchanges (CEX) are not transparent enough. So far, crypto analytics firms are apparently not capable of tracking transactions to prevent collapses like FTX. All Bitcoin (BTC)…
” 70% of unregulated exchange transactions are wash trading: NBER study “ With exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in unregulated exchanges are fake. A working paper titled “Crypto Wash Trading” was recently published by the National Bureau of Economic…
” LastPass attacker stole password vault data, showing Web2’s limitations “ Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force…
” Consumers are crypto-curious — One in five own digital currency: Accenture “ Over the last year, the crypto space has endured lasting market volatility and scandals, which have negatively affected consumer trust in the industry. However, an end-of-the-year report from Accenture revealed that consumers are still holding crypto — and for the long term….