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“# DeFi regulation must not kill the values behind decentralization ” Cryptocurrency brought us peer-to-peer payments that continue to elevate participation in the global economy for millions of people without access to traditional banking services. The rise of decentralized finance (DeFi) promises to further expand access to financial services, including savings, lending, derivatives, asset management…
“#T-Mobile probes data breach affecting nearly all US customers: report” T-Mobile is investigating claims of a massive data breach that reportedly may impact more than 100 million people, or nearly all of its US customers, according to a report. Claims of the massive breach were first discovered on an unnamed underground online forum, according to…
“#Apple to scan US iPhones for images of child sexual abuse” Apple unveiled plans to scan US iPhones for images of child sexual abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be misused, including by governments looking to surveil their citizens. The tool designed to…
“#Amazon will pay you $10 to scan your palm: report” Your one-of-a-kind palm print is worth $10 in store credit, according to Amazon. The Seattle-based e-tailing giant is offering customers the incentive to enroll in a program called Amazon One, through which users can pay for goods at its stores by scanning their palm prints…
“# Blockchain identity market to grow $3.58B by 2025, report claims ” A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down…
“#Instagram will default profiles to ‘private’ for minors” It’s not quite so Insta for the 16-and-under influencer crowd anymore. Minors logging on to Instagram for the first time will now automatically default to a “private” account as the company aims to create a more “safe and private” platform. “Wherever we can, we want to stop…
“# Newly found Monero bug may impact transaction privacy, developers warn ” Developers of privacy-oriented cryptocurrency Monero (XMR) have identified a bug that could potentially impact users’ transaction privacy. On Monday, the official Monero Twitter account warned users of a “rather significant bug” that has been spotted in Monero’s decoy selection algorithm, a system designed…
“# Bitcoin network node count sets new all-time high ” The number of reachable Bitcoin network nodes has crossed the 13,000 mark for the first time. As previously reported by Cointelegraph, the previous all-time high was 11,613 achieved back in January. According to data from Bitcoin network statistics dashboard Bitnodes.io, this milestone was reached back…
“# Privacy-preserving computation on blockchains could prevent breaches ” In the 19th century, the barons of American industries rose to prominence by leveraging their hold on tangible resources like oil and steel. Today, corporate titans seek to attain even greater heights of wealth by gathering consumer data. But now, like then, the benefits of accumulating…
“# EY publishes Ethereum scaling solution to the public domain ” EY’s attempts to promote secure, private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3. The company announced the news via a release on July 1 stating that Nightfall 3 combined ZK proofs with optimistic rollup — ZK-Optimistic…