Malaysia adopts Worldcoin for personal verification and digital ID

Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.

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OKX Rolls Out 30-Day Verification for Withdrawal Addresses

Crypto exchange OKX introduces a 30-day verification period for withdrawal addresses, effective July 4, 2024, enhancing security for its users. (Read More)

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Fractal ID postmortem ties breach to 2022 password hack

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

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TON ecosystem scams on the rise: How to stay safe

As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.

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Worldcoins World ID Expands to Solana via Wormhole Grant

Wormhole secures a grant to integrate Worldcoin's World ID with Solana, enhancing cross-chain identity verification. (Read More)

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Microsoft and Apple could be fined 10% of their annual revenue by the EU

The European Union has accused Microsoft of antitrust violations related to bundling the video conferencing app Teams within its Office suite. These allegations mark the first such charges against Microsoft in over a decade. The case raises questions about whether the company gained an undue advantage by integrating Teams into its popular productivity software. The [...]

The post Microsoft and Apple could be fined 10% of their annual revenue by the EU appeared first on Crypto Breaking News.

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Fox, Time use blockchain to combat fake news

Foxs Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content.

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Regulators are cracking down on financial privacy, but ZK-proofs can help

The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy.

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Binance Implements Mandatory Identity Verification (KYC) Requirements

Binance has implemented KYC requirements for all sub-accounts created under its Link Program, with non-compliant sub-accounts facing restrictions and eventual account suspension. (Read More)

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Mastercard Launches Web3 Solution for Crypto Verification

Mastercard has launched a new Web3 solution called "Mastercard Crypto Credential" aimed at enhancing user verification standards in the digital asset space. The solution is designed to provide a unique identifier to users, enabling them to instantly verify that an address they want to send funds to has been vetted by Mastercard and has been operating in compliance with the firm's standards. The solution will support compliance through the exchange of metadata and help reduce the opportunities for bad actors. (Read More)

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Razer and World Team Up to Keep AI Bots Out of Your Games

Razer and World introduced Razer ID Verified by World ID, a blockchain-powered system that verifies real players and stops AI bots from ruining online games.

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sAxess Biometric Card Launches in Dubai, Pioneering Secure Digital Transactions

Serenity and IDEMIA partened to launch the sAxess Biometric Card, offering a next-generation payment and identity verification solution.

The post sAxess Biometric Card Launches in Dubai, Pioneering Secure Digital Transactions appeared first on Crypto Breaking News.

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Zero-knowledge proofs coming to Bitcoin, overhauling network state validation

Bitcoin (BTC) users will soon be able to use zero-knowledge proofs (ZK-proofs) to expedite the process of verifying individual blocks and, eventually, the entire blockchain.  ZeroSync Association, a Swiss-based nonprofit, is developing tooling which allows users to validate the state of the Bitcoin network without having to download the blockchain or trust a third party [...]

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Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims [...]

The post Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro appeared first on Crypto Breaking News.

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AI deepfakes are getting better at spoofing KYC verification: Binance exec

The technology is getting so advanced, deepfakes may soon become undetectable by a human verifier, said Jimmy Su, Binance's Chief Security Officer.

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Who on Crypto Twitter chose not to pay for a blue checkmark?

Despite their large numbers of followers — and being potential targets for scammers impersonating them — not every major Crypto Twitter personality has signed up or been given a blue checkmark since the platform removed legacy verification on April 20. In a debate that’s almost exclusively limited to die hard enthusiasts of the social media [...]

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Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well. Over a Billion Telegram Users Can Now Transfer Bitcoin in Chats [...]

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Twala Introduces Blockchain-Based Digital Self-Sovereign ID

Twala's digital self-sovereign ID can be used to log in to different apps and websites.

The post Twala Introduces Blockchain-Based Digital Self-Sovereign ID appeared first on BitPinas.

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Decentralized Identity: What Does It Mean and How Is It Managed In Blockchain?

Using a decentralized identity, individuals gain control of their personal information and provide only the information required to be verified.

Continue reading Decentralized Identity: What Does It Mean and How Is It Managed In Blockchain? at DailyCoin.com.

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Blockchain could help anonymously document war crimes

Blockchain combined with decentralized storage could ensure data preservation and anonymity when reporting war crimes.

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