Brave privacy browser may have violated FTC and GDPR regulations for automatically redirecting users to affiliate links after they entered the name or URL of cryptocurrency sites.
The South Korean government is set to implement mandatory KYC verification for cryptocurrency exchanges in March, but the new requirements may be in violation of existing privacy laws.
US law enforcement agencies make up the majority of the information requests and nearly all of the ‘three letter’ players are getting in on the action, from the FBI to the IRS.
US Authorities seized cryptocurrency worth $24 million in Operation Egypto, targeting an online fraud scheme that stole over $200 million from tens of thousands of Brazilian investors.
Russian darknet market Hydra emerged as the hotspot for illegal transactions within three years, earning $1.37 billion in cryptocurrency transactions.
The first Bitcoin privacy update in four years is bringing changes that are broadly popular among the user base. The "Taproot" update, scheduled for November, changes the digital signature algorithm underpinning the system.
Brazen robbery by crypto hackers cost users of a DeFi platform a collective $610 million, but only for a little while. Hackers have since returned all but $33 million in assets.
Crypto exchange Liquid, one Japan's most popular exchanges, is now short $97 million in total assets after a cyber attack that pulled funds directly from the wallets of some of its customers.
Behind all the discussions and the growing acceptance or rejection of cryptocurrencies, lies the same truth. Whatever the medium of exchange is, digital assets have to be secure and without trust, no other element is relevant.
Cryptocurrency exchanges need to empower users to fully secure their accounts to protect themselves from phishing attacks and account takeovers. Account security using modern authentication standards can achieve this without sacrificing user convenience and privacy.