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Telegram snitched on 2,000 users to US authorities in 2024, report Messaging app Telegram has drastically ramped up its fulfillment of data requests, handing over details of more than 2,000 users to US authorities in 2024. This is according to recently released data from the messaging platform. As reported by 404 Media, Telegram fulfilled 14 requests “for IP addresses and/or phone numbers” from the US between January 1 and September 30, last year. These requests affected a total of 108 users, according to Telegram’s Transparency Reports bot. However, the rest of 2024 saw the platform comply with 900 US-based requests that affected a total of 2,253 users. The massive increase in fulfillment comes in the wake of Telegram CEO Pavel Durov’s arrest in August after the company was reluctant to cooperate with a child abuse investigation. Shortly after Durov was arrested, the company updated its privacy policy to clarify that it would provide IP addresse...

The ‘World App’ for iOS and Android has now been downloaded 4 million times, according to data collected by its development team, Tools for Humanity. Iris-scanning project Worldcoin has reached a new milestone, as its mobile World App has now been downloaded over 4 million times, according to a November 1 blog post from the project’s team. If this number is eventually confirmed by Coingecko, it could place World App in sixth place in Coingecko’s list of most downloaded software wallets. The Worldcoin development team, called “Tools for Humanity,” also claimed that it now has over 1 million monthly users, double the number it had six months ago. World App now has more than 1 million monthly active users, 4 million downloads and 22 million transactions. Not bad for six months pic.twitter.com/pagXxTfc8E — Tools For Humanity (@tfh_technology) November 1, 2023 Worldcoin is a project that allows users to prove their humanness by having their irises scanned. Once the user has their i...

The move comes after the Financial Conduct Authority imposed restrictions on its U.K. partner REBS. Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16. According to Binance's announcement, the move came after the country's Financial Conduct Authority (FCA) imposed legally binding requirements on its partner Rebuildingsociety.com Ltd (REBS) on Oct. 10. Among other items, the ruling prohibited REBS from ad promotions soliciting Binance goods and services. The exchange wrote: "Binance is currently looking for a new FCA authorised approver. However, there will be some temporary restrictions coming into effect on our Platform (i.e. www.binance.com/en-GB and latest version of our Mobile App) during the period until Binance onboards with a new FCA authorised approver and has its financial promotions reapproved." Existing Binance users in the U.K. will retain their services. However, the exchange clarified that ...

The platform found itself ensnared in a cunning phishing ploy that directed unsuspecting users to a website, siphoning their financial resources once they unwittingly authorized a transaction. Galxe , in a remarkable display of commitment, is making amends by reimbursing affected users with a generous 110% compensation following a recent security breach, as officially declared on the 10th of October. “We wish to express our profound gratitude to those steadfast individuals who stand by our side during these challenging times,” the company conveyed. The restitution process is set to unfold automatically on the 16th of October, channeling the funds back to their original wallet addresses, unless, of course, an alternative course of action is preferred by the affected users . As a gesture of goodwill, the reimbursement will be disbursed in Tether, with the valuation determined as of 10:00 am UTC on the 9th of October. The impact of the security breach was felt most acutely...

Binance’s founder says challenges related to fiat ramps can prevent the market from onboarding the next 100 million users . Trouble seems to be brewing on the horizon for the crypto market as tight regulations forced traditional institutions to pull away from the industry, Binance founder Changpeng Zhao (CZ) told Insider at the Token2049 crypto event. Speaking about possible difficulties barring another 100 million users from entering the market , CZ said converting crypto to fiat and vice versa appears to be the main issue nowadays. “With tightening regulations in the earlier part of this year, we’re seeing a lot of traditional institutions that used to provide fiat ramp channels pull away.” Changpeng Zhao For Binance, crypto-to-fiat ramps have become a hot topic recently as weekly trading volume with traditional currencies on the platform has plummeted 60% since the beginning of 2023, according to Kaiko data. You might also like: Binance US l...

A ChatGPT-powered botnet that is luring users on X (formerly Twitter), into visiting fake crypto news sites is just the “tip of the iceberg” with regards to AI-driven disinformation, researchers have warned. The botnet — dubbed ‘Fox8’ due to its links to similarly-named crypto websites — was discovered in May by researchers at Indiana University Bloomington. It comprises at least 1,140 accounts designed to share a mix of original tweets, retweeted posts, and images taken from sites outside of X. It also posts crypto, blockchain, and NFT-related content, engages with influencers, and promotes the suspicious websites. The botnet forms a sense cluster by following each other. They also frequently engage with each other through retweeting/replying. 4/11 pic.twitter.com/0vQDQpP7Gr — Kevin Yang (@yang3kc) August 2, 2023 However, according to researchers, this sprawling network of click-harvesting bots may be just the beginning . Micah Musser, who has stud...

Beam wallet uses Web3Auth and account abstraction to allow for seedless accounts, stablecoin gas payments, and other user experience features. A new wallet that has launched on Optimism (OP) allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login . Called “Beam wallet ” the application runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (ETH). INTRODUCING BEAM The first self-custody payments wallet built for the mainstream — no download or signup required. Beam is the easiest way on the planet to send anyone money. Try it out with a single click — Andy Bromberg (@andy_bromberg) July 27, 2023 Beam was developed by Eco, a payments company backed by Web3 venture capital firms Andreessen Horowitz, Coinbase Ventures, Founders Fund, Lightspeed Venture Partners, and Pantera Capital. To...

The integration is built on DSNP, a protocol created by Project Liberty. Social network MeWe will integrate with the Frequency Blockchain network , a parachain of Polkadot, according to an April 26 announcement at Consensus 2023. The announcement added that the company will begin moving its users ’ accounts over to the network during this quarter. Just in from #Consensus 2023 - Polkadot parachain @one_frequency has announced a major partnership with social networking app @mewe to connect its 20 million users to Polkadot and the Social Web, giving each of them a social identity and full control over their own data. pic.twitter.com/O39RNtEhDy — Polkadot @ Consensus 2023 (@Polkadot) April 26, 2023 MeWe was launched in 2012 and has been touted as a “Facebook alternative” with allegedly better privacy protections. An Axios report in September stated that the network had over 20 million users. Frequency launched as a Polkadot parachain in November. At a Consensus 2023 panel calle...

Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s leading cryptocurrency, announced recently that it will suspend USD deposits and withdrawals , without really offering a reason for the decision. The company revealed its plans yesterday, February 6th, only stating that all USD bank transfers will stop on February 8th. The company did say that it is a “temporary suspension,” although it did not share how long it will last, or what circumstances led to this decision. However, according to a person familiar with the matter, the suspension will likely last several weeks, “until a new banking partner is established.” This last part indicates that Binance stopped its collaboration with the banking entities that allowed it to work with USD — something that the exchange did not confirm or deny. [DB] Binance to Suspend USD Bank Transfers Feb 8th: Spokesperson Suspension Expected to Last 'A Couple Weeks' Un...

The crypto-verse dealt with attacks on DeFi bridges and bankrupt platforms throughout the year. Now, the community along with other Twitter users might have to deal with the stress of their personal data being leaked. A recent report highlighted how the data of 400 million Twitter users were at stake. Hudson Rock, a cybercrime intelligence firm, claimed that private emails and phone numbers linked to Twitter accounts were up for sale on the black market. This was marked as a “credible threat.” Twitter is home to a wide range of individuals. It is home to the world’s richest man as well as the average Joe. In the Twitter thread, Hudon Rock noted that information pertaining to prominent crypto personalities like Ethereum’s Vitalik Buterin was out in the open. The firm further wrote, “The private database contains devastating amounts of information including emails and phone numbers of high profile users such as AOC, Kevin O’Leary, Vitalik ...