According to the PCPD, any personal data — including information from iris scans — controlled by Worldcoin “must be collected for a lawful purpose.” Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) announced an investigation into identity verification project Worldcoin’s local operations, citing “serious risks to personal data privacy.” In a Jan....Continue Reading

The stablecoin issuer saw “record-breaking net profit” in the last quarter of 2023, primarily due to earnings from U.S. Treasury securities. Tether Holdings Limited, the company behind the stablecoin Tether (USDT), has generated “a record-breaking net profit” in the last quarter of 2023, driven by Treasury interest and a strong performance from other assets.  According...Continue Reading

Sam Blackshear, the creator of Move, spoke with Cointelegraph to give the inside story on the language of Aptos, Sei and Sui. At Facebook, Sam Blackshear created Move, a programming language tailored specifically for blockchain applications, but Diem, the cryptocurrency powered by Move, never launched. When lawmakers in the United States quashed Facebook’s cryptocurrency ambitions,...Continue Reading

The alleged hack was reported by internet sleuth ZachXBT Ripple’s Chairman, Chris Larsen, said on Jan.31 that his personal accounts were hacked. The news was first reported by crypto analyst “ZachXBT,” where it was initially thought that company itself had been hacked.  News of the hack spread swiftly; the price of XRP subsequently dipped by...Continue Reading

Bitfinex Securities expects a big demand for digital investment services after the launch of spot Bitcoin ETFs in the United States. Bitfinex Securities, the tokenized securities trading platform by Bitfinex exchange, is launching in El Salvador months after receiving a digital asset service provider license under the country’s Digital Assets Issuance Law in April 2023....Continue Reading

A market study surveying nearly 10,000 cryptocurrency investors suggests that the majority forecast new all-time highs for Bitcoin following the halving forecast in April 2024. The fourth-ever Bitcoin halving is driving optimism for new all-time highs for Bitcoin (BTC), according to a market study involving nearly 10,000 cryptocurrency investors. Data from a survey focused on...Continue Reading

Polygon faces questions about 400M MATIC allegedly missing from its staking address but ChainArgos says no project allocates tokens correctly Polygon is facing questions over 400 million MATIC allegedly missing from its staking allocation but most other projects have also not accurately followed their publicized token distribution strategies, says blockchain data firm ChainArgos. Jonathan Reiter,...Continue Reading

Microsoft and Alphabet report earnings with significant advancements in AI and cloud computing and plans to push forward on AI trends in 2024. The Big Tech giants Microsoft and Alphabet – the parent company of Google – released earnings on Jan. 30 for the previous quarter, with highlights including developments in artificial intelligence (AI) and...Continue Reading

Quantstamp highlighted that the actions of bad actors using various attack methods like smart contract hacks, key compromises and scams resulted in total losses of $38.9 million in January. Decentralized finance (DeFi) security startup Quantstamp has identified the top five smart contract protocols that suffered the most losses from exploits and hackers in January. In...Continue Reading

Jian Wen attempted to purchase a house worth $30 million using Bitcoin from an alleged fraudster. Authorities reportedly confiscated Bitcoin (BTC) worth $1.7 billion after a former restaurant worker attempted to buy a mansion worth about $30 million in London. On Jan. 30, Sky News reported that Jian Wen, a Chinese national who became a...Continue Reading