In the latest episode of Cointelegraph’s Hashing It Out podcast, the co-founder of XYO Network, Arie Trouw, explains how blockchain technology can help fight fake information on the internet alongside a general change in attitude.
Privacy News
Privacy, as defined by privacy laws, encompasses the fundamental right to keep one’s personal information and activities confidential and secure. In the digital age, privacy laws are designed to protect individuals from unauthorized access, data breaches, and the misuse of their personal data by governments, organizations or individuals.
Contrary to popular belief, Bitcoin and many other cryptocurrencies are not entirely private. In fact, they operate on public blockchains, where transaction details, such as sender and receiver addresses and amounts, are publicly accessible. This transparency ensures the integrity of the transaction history and prevents double-spending, a critical aspect of cryptocurrency technology. Financial regulations often require transparency to ensure compliance with Anti-Money Laundering and Know Your Customer laws.
In the digital realm, privacy coins address the need for financial privacy. They empower users to conduct transactions without exposing their financial history to the public, offering a level of confidentiality akin to traditional cash transactions. This privacy is crucial for individuals living in regions with oppressive regimes, protecting them from potential persecution.
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The regulator ordered that Worldcoin cease collecting data from users in the country for 90 days, citing a high risk to citizens’ data protection rights.
1147Worldcoin said it has now made components of the software behind its iris-scanning Orbs open-sourced, along with a new “personal custody” privacy feature for user data.
10209Multiparty computation technology can solve data security and privacy issues by processing encrypted data.
17610A third-party project audit reportedly claimed that Orb devices do not record users’ iris codes onto persistent memory and only transmit codes through end-to-end encrypted messaging.
21996For 48% of respondents in Aleo’s 2024 Data privacy report, data privacy and security are considered the most concerning issues within the tech industry.
6460Multicoin Capital and Protocol Labs led a $73 million raise for a new cryptography startup which aims to make the “entire internet encrypted end-to-end.”
3459Today’s internet infrastructure faces challenges of access, affordability and censorship. DePINs propose a solution through a decentralized network.
14529Antoni Zolciak, co-founder of Aleph Zero, explains that delisting privacy-centric cryptocurrencies like Monero is the industry’s way of responding to regulations, and only projects willing to adapt may survive.
4624Web3 messaging platforms offer decentralized solutions with enhanced privacy, interoperability and monetization opportunities.
25789ZK-proofs are marketed as a miracle cure for many of blockchain’s ills, but some less discussed side effects are introducing fresh risks.
1534The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone.
13623The upcoming Monero delisting might be a “sign of the slow demise of Binance,” according to some industry observers.
12105According to the PCPD, any personal data — including information from iris scans — controlled by Worldcoin “must be collected for a lawful purpose.”
3776The Italian data protection authority has notified OpenAI that it has found the company in breach of its data protection and privacy laws.
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