A 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.
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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For 48% of respondents in Aleo’s 2024 Data privacy report, data privacy and security are considered the most concerning issues within the tech industry.
6166Multicoin 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.”
3284Today’s internet infrastructure faces challenges of access, affordability and censorship. DePINs propose a solution through a decentralized network.
14465Antoni 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.
4331Web3 messaging platforms offer decentralized solutions with enhanced privacy, interoperability and monetization opportunities.
25740ZK-proofs are marketed as a miracle cure for many of blockchain’s ills, but some less discussed side effects are introducing fresh risks.
1490The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone.
13497The upcoming Monero delisting might be a “sign of the slow demise of Binance,” according to some industry observers.
12056According to the PCPD, any personal data — including information from iris scans — controlled by Worldcoin “must be collected for a lawful purpose.”
3740The Italian data protection authority has notified OpenAI that it has found the company in breach of its data protection and privacy laws.
2539The Ethereum co-founder recently wrote that the network has gotten away from its founding principles.
2040Blockchain can reshape digital communication, and a Web3 communication platform details how to achieve that in its newly released white paper.
22415A new protocol offers a flexible approach to privacy in the crypto world, addressing the challenge of balancing privacy and simplicity.
65496OKX said that the latest decision to remove a number of trading pairs was based on feedback from users and the OKX token delisting guidelines.
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