Financial incentives violate consent for personal data — Privado ID
Privado ID co-founder Evin McMullen warned against short-term thinking for quick economic gains and compromising ethical standards.
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Binance Reportedly Trades Crypto in China Despite Ban, Says It Runs ‘Test Site’
Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a report published yesterday by China National Radio, or CNR, alleges.According to CNR, Binance CEO Changpeng Zhao, also known as CZ, has been promoting a website called “binancezh.com” on his Weibo page.Originally founded in China a few…

Indian Crypto Exchange Coinome Halts Services Citing Regulatory Pressure
Indian cryptocurrency exchange Coinome has announced it will be halting operations as of May 15, ostensibly due to regulatory difficulties. The development was announced in an official tweet from the exchange on May 9.As Cointelegraph has reported, exchanges in the country have faced a moratorium on banking services since the central bank, the Reserve Bank…

Turkey seizes FTX assets in the country amid the ongoing investigation
Turkey’s Financial Crimes Investigation Board has seized assets belonging to Sam Bankman-Fried after launching an investigation into FTX's affairs in the country. 588 Total views 4 Total shares Assets belonging to former FTX CEO Sam Bankman-Fried have been seized by the country’s Financial Crimes Investigation Board, locally known as MASAK, following the collapse of his…

Over 6,000 XRP holders volunteer as third party defendants in SEC lawsuit
XRP holders claim their interests aren't being represented in an ongoing SEC lawsuit against Ripple Labs. Now they want to enter the fray as third-party defendants. 510 Total views 5 Total shares XRP coin holders have attempted to insert themselves as third-party defendants in the United States Securities and Exchange Commission’s lawsuit against Ripple Labs.A…

Bitcoin breaches $14,000 on election day, up 1,900% compared to 2016
The price of Bitcoin rose more than 2% in two hours as poll workers in US states began to count ballots. 1094 Total views 16 Total shares The price of Bitcoin (BTC) rose by more than 2% in two hours to briefly top $14,000 as the polls were starting to close across many U.S. states…

Binance to suspend Chinese yuan from P2P platform in December
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. 490 Total views 29 Total shares Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further…

Emirate to launch free zone for digital and virtual asset firms
Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes. 677 Total views 3 Total shares Own this piece of history Collect this article as an NFTRas Al Khaimah, one of the United Arab Emirate’s (UAE) seven Emirates, is set to launch…

Transit Swap ‘hacker’ returns lion’s share of $23M in stolen funds: Finance Redefined
Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week. 223 Total views 12 Total shares