TikTok, a popular social media site, faces allegations for sending user data to its Chinese owner. Ex-employees asserted that TikTok functioned independently from the Chinese Communist Party financially, but were unable to completely sever ties with their parent company, ByteDance. According to reports, the information disclosed is said to have contained users’ personal details such … Read more
The Deutsche Bundesbank and MIT’s Digital Currency Initiative have teamed up for a collaboration to explore the security and privacy aspects of central bank digital currencies (CBDCs). Their focus will be on addressing the challenges of safeguarding customer data in digital transactions. Joachim Nagel, President of the Bundesbank, stressed the importance of upholding privacy during … Read more
Bloomberg’s analysts have put forward new plans for Bitcoin and Ethereum ETFs in Hong Kong. They predict that the assets under management (AUM) for these funds could potentially reach $1 billion within the next two years. Eric Balchunas, a senior ETF analyst at Bloomberg, previously forecasted $500 million, but now the predicted amount is notably … Read more
According to Pavel Durov, the creator of Telegram, there will likely be more use of unconventional gadgets acting as cryptocurrency wallets for their heightened security. This prediction comes at a time when privacy activists are voicing worries about increased surveillance following recent legislation. During an interview with Tucker Carlson, Durov expressed his worries about governments … Read more
The Deutsche Bundesbank and MIT’s Digital Currency Initiative have teamed up to explore the security and privacy aspects of central bank digital currencies (CBDCs). Their collaboration aims to address the challenges of safeguarding customer data during digital transactions. Joachim Nagel, President of the Bundesbank, stressed the importance of preserving privacy while creating Central Bank Digital … Read more