Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities

October 3, 2024 Bitcoin.com

2018

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. Durov stressed that this is a longstanding policy, ensuring compliance without compromising the […]

Despite Bitcoin’s 10% Drop, Over M in Old Coins Find New Homes

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Free online service model might be coming to an end—Mental Outlaw

September 15, 2024 Coin Telegraph

Big Tech

According to Visual Capitalist, Amazon Web Services, Google, and Microsoft collectively control roughly 74% of the public cloud market.

Google is deleting old user accounts that have been inactive for at least two years, and tech YouTuber "Mental Outlaw" believes the move signifies that the company is running out of storage—which might indicate the decline of free online service models.

Mental Outlaw explained that many early users of Gmail used the service as a form of cloud storage—saving gigabytes of photos and files on the platform. The tech-focused YouTube influencer said that Google's initiative to reclaim underused space and abandoned accounts indicates that the free storage services are becoming too costly for Google to maintain.

Cloud storage by type in 2023. Source: MarketsandMarkets.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Fractal ID postmortem ties breach to 2022 password hack

July 21, 2024 Coin Telegraph

2022 hack

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

Blockchain identity platform Fractal ID has published a postmortem outlining the data breach that the company suffered on July 14. The breach has since been traced back to a 2022 incident where an employee reused a compromised password.

According to Fractal ID, the compromised account belonged to an operator with the platform for three years and had admin rights. This allowed the attacker to bypass internal data privacy systems, though system monitoring helped lock out the attacker within 29 minutes.

The operator’s failure to follow operational security policies and training, along with the reuse of credentials from past hacks, facilitated the breach.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands

April 9, 2023 Bitcoin.com

bitcoin.com

Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added. Cryptocurrency Exchanges Have to Report to Russian Authorities, Chief Prosecutor Says Crypto service providers should […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

April 23, 2022 Bitcoin.com

Accusations

Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange

May 6, 2021 Bitcoin.com

bitcoin.com

The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice (DOJ) announced Wednesday […]

user data

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