Liminal challenges WazirX’s accusations after $235M security breach
According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach. Go to Source
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Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities
Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Durov stressed that this is a longstanding policy, ensuring compliance without compromising the … Read more
Telegram’s policy shift raises privacy concerns
Other top messaging apps like WhatsApp and Meta’s Messenger are also sharing user data with authorities, on valid legal requests. Go to Source
Free online service model might be coming to an end—Mental Outlaw
According to Visual Capitalist, Amazon Web Services, Google, and Microsoft collectively control roughly 74% of the public cloud market. Go to Source
Fractal ID postmortem ties breach to 2022 password hack
This breach highlights the ongoing challenges in maintaining data security, especially in today’s centralized storage systems. Go to Source
Telegram Wallet enforces new KYC rules, switches provider
Before the KYC change, Telegram Wallet users did not have to provide any personal information to use the default version of the wallet. Go to Source
Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands
Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added. Cryptocurrency Exchanges Have to Report to Russian Authorities, Chief Prosecutor Says Crypto service providers should … Read more
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ … Read more
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice (DOJ) announced Wednesday … Read more
66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” … Read more
