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He explained that is accomplished via the fact that "transaction-related data is encrypted for storage," "entities and individuals are prohibited from arbitrary inquiry or information usage without rigorous legal authorization" and that China's central bank keeps "small-amount soft wallets and hard wallets to meet the need for small-value anonymous transactions,
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In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy absent decentralization is no privacy at all.As part of its bankruptcy proceedings, CeFi lending giant Celsius Network
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“Sealing information such as that sought by the Debtors [Celsius] from public disclosure risks transforming the open and transparent bankruptcy process into something very different, which the Court is loath to do without a strong showing of real and not speculative risks,” Judge Glenn wrote in a September court filing. Original
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"Last year, we shared our longer-term vision on privacy-enhancing technologies and how we believe they will become foundational to the future of personalized advertising experiences. MPC is a critical part of this technology stack," said Sanjay Saravanan, who heads up Meta's Applied Cryptography Research group. Original Source
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Meta, the parent company of Facebook and Instagram, announced its latest virtual reality (VR) headset at the Meta Connect 2022 event on Oct. 11. The company introduced new features to enhance digital avatars, which raised privacy concerns regarding data collection. The Quest Pro is the latest piece of VR technology released by
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Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere
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TikTok could face a £27 million fine after an ICO investigation found that the company may have breached UK data protection law, failing to protect children’s privacy when using the TikTok platform. The ICO has issued TikTok Inc and
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As a layer 1 application, Railway Wallet will take advantage of security features provided by the Ethereum blockchain’s main network, in addition to utilizing Railgun’s open-source code. In the run-up to the on-chain wallet’s launch, cybersecurity firms Trail of Bits, Hacken, and ABDK Consulting have audited the code, with Zokyo
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