As data becomes the main commodity for social media giants, can you trust crypto apps with your personal info? Over the past few weeks, TikTok has found itself in hot water over security issues. First, it was axed in India along with 58 Chinese apps for “stealing and surreptitiously transmitting users’ data in an unauthorized […]
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Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level? Within the last hour Bitcoin (BTC) price broke out of its sideways range to briefly push above the $9,500 level. The move comes after a slight uptick in daily trading volume since Monday (July […]
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The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets Per a July 22 announcement shared with Cointelegraph, the Office of the Comptroller of the Currency (OCC) is granting permission to federally chartered banks to custody cryptocurrency. The future of banking with crypto on […]
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Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability. YouTube’s legal team has argued the platform is immune from liability for cryptocurrency scams perpetrated as part of its video content or descriptions. Attorneys for Ripple and CEO Brad Garlinghouse filed a lawsuit against YouTube in April in response […]
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Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he […]
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Will DeFi take over centralized finance?: A deep dive into the benefits, advantages, dangers and constraints of both systems. Decentralized finance has become one of the hot topics in crypto this year. Although activity and volume in the DeFi space still lag behind its popularity, this is starting to change as novel protocols become available. […]
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The platform uses blockchain to facilitate donations to Better Business Bureau-accredited charities while ensuring donor data is only shared when permitted. Better Business Bureau, or BBB — the charity giant behind Give.org — launched a privacy-focused donation platform built on the Ardor (ARDR) blockchain. According to a July 4 announcement, BBB’s charity monitoring organization Wise […]
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Top cryptocurrency exchange Binance has reviewed its Android app code following spyware concerns. Binance will remove the ability to record audio from its Android app in the upcoming update scheduled for “mid-July”, cryptocurrency exchange CEO Changpeng Zhao, also known as CZ, told Cointelegraph. Binance App will allegedly drop the microphone permission The company’s privacy-oriented move […]
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Users accuse Binance’s Android app of being spyware for the Chinese government. Twitter users have raised concerns about the possibility of Binance’s Android app containing spyware. This speculation comes after recent revelations suggest that the social video platform, TikTok, contains spyware created by the Chinese government. According to the Twitter user @ShitcoinSherpa, who posted a […]
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As interoperable blockchain solutions gain traction, many believe that the technology is still relatively nascent and needs more polishing. Cross-chain interoperability is a domain that has piqued the interest of many financial institutions over the years, as it stands to produce a technology that can potentially mitigate a whole host of their recurring operational issues […]
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