News with the tag "User Data"

According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach.

Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Duro...

Other top messaging apps like WhatsApp and Meta’s Messenger are also sharing user data with authorities, on valid legal requests.

This breach highlights the ongoing challenges in maintaining data security, especially in today’s centralized storage systems.

As the web3 ecosystem grows, the focus must shift from the technical merits of different blockchains to the user experience and engagement strategies.

Web3 aims to dismantle the centralized power structures that have enabled widespread surveillance and place the power back in the hands of the people.

The email platform's security breach occurred due to a compromised employee account.

Before the KYC change, Telegram Wallet users did not have to provide any personal information to use the default version of the wallet.

Usability and efficiency are two key pillars that must be prioritized if this new wave of decentralized innovation is to match the unparalleled impact of the internet.

Fueled by on-chain recording of off-chain information, web3 makes it possible for users to take back the power and monetize the utility that comes from this data.