Facebook's Cryptocurrency Ambitions Face Privacy Concerns, Political Backlash

-
Facebook announced ambitious plans to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

from NDTV Gadgets - Latest http://bit.ly/2XhBwbl

Comments

Post a Comment

Popular posts from this blog

Younger Generations of Traders Favour AI Advancements in Crypto, Web3 Sector: KuCoin Report

-
Millennial and Gen Z members of the Web3 community are hopeful that advance Artificial Intelligence (AI) integration with the sector will finetune investment decisions for younger investors. KuCoin, that claims to be the fifth largest crypto exchange in the word, conducted a detailed study on how AI could be integrated into Web3 elements like crypto and blockchain gaming among others. While AI has been a popular tech tool among developers for nearly a decade now, but discussions around the technology picked pace after AI-based chatbots like ChatGPT recently blew up on social media. Now, as the technology has seen widespread adoption, Big Tech is racing to integrate AI tools in its services. KuCoin surveyed 1,125 crypto users from different parts of the world to understand how the Web3 community perceives AI. The survey included responses from Gen Z users aged 18-24 (15 percent), Gen Y users aged 25-40 (54 percent), Gen X users aged above 40 (31 percent), with a varied level of experi...
Read more

3Commas Tweaks Internal Security After Accounts of Some Users Were Compromised, Passwords Reset

-
3Commas, the provider of automated crypto trading services, has warned its community members to be alert about their account-related notifications as cyber threats loom large over the platform. Over the weekend, the platform's team decided to deploy some changes to its existing security system after some users complained of seeing unauthorised trades placed from their accounts. This hinted the platform that it could be under attack from crypto hackers. Passwords of these accounts were also reportedly reset, hinting at the potential hack attack. A Cloud -based crypto trading platform, 3Commas allows its users to use its trading bots to stay on top of the game. The bot efficiently making trade-related decision based on real-time market stats. The platform founded in 2017, boasts of stellar customer feedback from its community that has over 100,000 entities as part of its. Upon internal investigation, 3Commas found that this hack only affected a few user-accounts, and its operatio...
Read more