Privacy

Worldcoin has agreed to temporarily halt operations in Spain amidst investigations from the Spanish privacy watchdog, AEPD. The watchdog has raised concerns over the treatment of Spain citizen’s data by the company with the company’s economic interests. Worldcoin has confirmed that it has agreed with Spain to halt operations in the country pending investigations. Worldcoin enjoys investor support in the European country and any development in the region has been garnering much attention. Its regulatory troubles in Spain began in…

Worldcoin’s biometric data collection sparks global concern among privacy advocates and regulators. Regulators in multiple countries, including Spain and Hong Kong, have banned Worldcoin’s collection of biometric data. Worldcoin, an AI-centric identification project with its cryptocurrency, faces increasing scrutiny from privacy advocates and regulators worldwide. The project, founded by Sam Altman, aims to create a global financial and identity network based on proof of personhood. Despite its ambitious goals, the collection of biometric data through iris scans has raised significant…

Dubai, UAE, May 23rd, 2024, Chainwire In the rapidly evolving digital landscape, Carbon Browser stands out as a beacon for the future of web browsing. Developed by Carbon X Labs, this free and open-source web browser is built on a custom fork of the Chromium engine, enhanced to deliver superior speed, privacy, and security. With a suite of innovative features, Carbon is not just another browser—it's a gateway to the decentralized web. A Unique Browsing Experience Carbon's commitment to privacy…

Blockchain’s potential in German healthcare faces hurdles like strict regulations and GDPR compliance, slowing its adoption. Concerns about blockchain’s association with cryptocurrencies and energy consumption hinder public acceptance. Blockchain technology has long been hailed as a transformative force in various sectors, promising enhanced security, transparency, and efficiency. In recent years, its potential applications in healthcare have garnered significant attention worldwide. However, in Germany, the adoption of blockchain technology in the healthcare sector has been slow, and several challenges have hindered…

The Blockchain Integrity Act bans financial services from processing transactions from coin mixers and stipulates a $100,000 civil penalty for offenders. The bill proposes the ban to last two years, during which the Department of the Treasury would compile a report on the sector to inform further actions. A new bill introduced at the US House of Representatives seeks to ban cryptocurrency mixers for two years, cutting them off from all registered virtual asset service providers (VASPs) for two years.…

The cryptocurrency industry has been making headlines lately for a variety of reasons. From Bitcoin recording all-time highs to Hong Kong's approval of ETFs, it appears that we are experiencing the surge in digital currencies like never before. Amidst these market dynamics, Zero-Knowledge (ZK) technology is garnering waves of interest, although the concept seems complex to grasp. In this interview, Payy CEO & Co-founder Sid Gandhi - a technology leader and entrepreneur shares how Payy is building a ZK-based global…

[PRESS RELEASE – San Francisco, CA, April 30th, 2024] Galxe, the leading web3 infrastructure and digital identity network, today unveiled Galxe Passport V2, the next evolution in web3 identity management, now enhancing the security and privacy of nearly one million passport holders. With the launch of Galxe Passport V2, users benefit from new features designed to redefine identity verification and management across the web3 ecosystem. As the premier identity solution provider in web3, Galxe continues to lead the industry by…

The post Crypto’s Major Privacy Flaws Are Preventing Mass Scalability. What Can Be Done? appeared first on Coinpedia Fintech News Cryptocurrencies have made great strides toward becoming a common way to handle money. They promise to be both efficient and decentralized. Privacy issues, on the other hand, remain a chronic problem.  In contrast to what most people think, using digital currencies like USDC does require giving out a lot of personal financial information. This openness shows users’ net worth, income,…

Gibraltor, Gibraltor, April 2nd, 2024, Chainwire Anish Mohammed, Co-Founder, CTO, and Chief Scientist at Panther Protocol, recently joined Meher Roy on the Epicenter Podcast. They discussed Anish’s journey into crypto, the genesis of Panther Protocol, how Panther will preserve the privacy of its users, what’s coming in its Mainnet launch, and its mission to enable privacy and compliance in the DeFi space.  Who is Anish Mohammed? Anish Mohammed’s foray into the tech world began at Ericsson, where he developed payment systems…