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UK Launches Investigation into TikTok, Reddit Over Children's Personal Data Practices
UK's Information Commissioner's Office is probing TikTok, Reddit, and Imgur over their children's safety features. As per UK laws, social media platforms are mandated to prevent children from accessing harmful and age-inappropriate content by enforcing age limits and age-checking measures.
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Indian Web3 Players Call SEBI’s Vision for Distributed VDA Governance Encouraging, Pragmatic
In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.
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Multi-Chain Memecoin ‘Dogeverse’ Raises Over $15 Million in ICO Ahead of Exchange Listing: Details
Dogeverse, the latest entrant into the memecoin market, has managed to raise $15 million in its Initial Coin Offering (ICO). The $DOGEVERSE token has taken the crypto market by storm and is set to be launched on six different blockchains.
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UK Watchdog Fines TikTok Over $15 Million for Breach of Data Protection Law, Misuse of Children's Data
The Information Commissioner’s Office (ICO), the country's information watchdog estimates that TikTok allowed up to 1.4 million UK children under the age of 13 to use its platform in 2020, despite its own rules not allowing children that age to create an account.
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Asset Managers Tighten Controls on Personal Communication Amid ‘WhatsApp’ Crackdown on Banks
Asset managers have begun to tighten controls related to the use of personal communications tools for interacting with clients, as part of a move to comply with rules set by regulators. Last month Britain's Information Commissioner's Office (ICO), the country's top data protection watchdog, called for a review of the use of WhatsApp, private emails...
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Titanium Blockchain CEO Admits to Have Carried Out Fraudulent ICO in 2018
Michael Stollery, the CEO of Titanium Blockchain Infrastructure Services faces up to 20 years in the prison. He has pleaded guilty to raising $$21 million (roughly Rs. 167 crore) via a fraudulent initial coin offering (ICO) in 2018. In order to create an illusion of legitimacy, Stollery said he forged the whitepaper for the BAR token.
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Hollywood Producer Admits to Scamming Crypto Investors, Bagging $2.5 Million
Ryan Felton, a Hollywood producer from Atlanta has pleaded guilty in scamming crypto investors to maintain his outlandish life. The 48-year-old has confessed to have promoted two initial coin offerings (ICO), one for an entertainment streaming platform called ‘FLiK’ in 2017 and another for a crypto exchange called ‘CoinSpark’ in 2018. As pa...
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Binance’s BNB Native Token Under SEC Scrutiny in US, Investigation Opened
The SEC is trying to identify those ICOs that were not registered with it before going live and Binance’s BNB token has become its latest pick. The federal agency will be probing if Binance had completed official formalities before listing its BNB token for an initial coin offering back in 2017.
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Facebook Agrees to Pay Meagre UK Fine Over Cambridge Analytica Scandal
Facebook CEO Mark Zuckerberg has faced questioning by US and EU lawmakers over how the political consultancy obtained the personal data of 87 million Facebook users from a researcher.
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Facebook Fined by UK Regulator Over User Data Breaches
UK's Information Commissioner's Office (ICO) has fined Facebook for failing to protect personal information of at least one million users in the country between 2007 and 2014.
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Facebook Eases Ban on Cryptocurrency Ads
To place ads on Facebook for cryptocurrencies, companies will need to be pre-approved and offer proof they have licences or are traded on a public exchange.
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Twitter to Ban Cryptocurrency Ads From Tuesday as Online Crackdown Widens
Twitter joins Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses.
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Cambridge Analytica Central London Office Raided by UK Investigators
About 20 officials, wearing black jackets with "ICO Enforcement" on them, arrived at Cambridge Analytica's central London offices soon after a High Court judge granted a search warrant.
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No Plan To Ban Bitcoins Exchanges, Says South Korea
South Korea's finance minister said the government has no plans to shut down bitcoins (cryptocurrency) trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms
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Hackers Steal Around $400 Million Raised Through ICOs: Report
Phishing was the most widely used hacking technique for ICOs, with hackers stealing up to $1.5 million in ICO proceeds per month, according to the report.
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UK Launches Investigation into TikTok, Reddit Over Children's Personal Data Practices
UK's Information Commissioner's Office is probing TikTok, Reddit, and Imgur over their children's safety features. As per UK laws, social media platforms are mandated to prevent children from accessing harmful and age-inappropriate content by enforcing age limits and age-checking measures.
-
Indian Web3 Players Call SEBI’s Vision for Distributed VDA Governance Encouraging, Pragmatic
In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.
-
Multi-Chain Memecoin ‘Dogeverse’ Raises Over $15 Million in ICO Ahead of Exchange Listing: Details
Dogeverse, the latest entrant into the memecoin market, has managed to raise $15 million in its Initial Coin Offering (ICO). The $DOGEVERSE token has taken the crypto market by storm and is set to be launched on six different blockchains.
-
UK Watchdog Fines TikTok Over $15 Million for Breach of Data Protection Law, Misuse of Children's Data
The Information Commissioner’s Office (ICO), the country's information watchdog estimates that TikTok allowed up to 1.4 million UK children under the age of 13 to use its platform in 2020, despite its own rules not allowing children that age to create an account.
-
Asset Managers Tighten Controls on Personal Communication Amid ‘WhatsApp’ Crackdown on Banks
Asset managers have begun to tighten controls related to the use of personal communications tools for interacting with clients, as part of a move to comply with rules set by regulators. Last month Britain's Information Commissioner's Office (ICO), the country's top data protection watchdog, called for a review of the use of WhatsApp, private emails...
-
Titanium Blockchain CEO Admits to Have Carried Out Fraudulent ICO in 2018
Michael Stollery, the CEO of Titanium Blockchain Infrastructure Services faces up to 20 years in the prison. He has pleaded guilty to raising $$21 million (roughly Rs. 167 crore) via a fraudulent initial coin offering (ICO) in 2018. In order to create an illusion of legitimacy, Stollery said he forged the whitepaper for the BAR token.
-
Hollywood Producer Admits to Scamming Crypto Investors, Bagging $2.5 Million
Ryan Felton, a Hollywood producer from Atlanta has pleaded guilty in scamming crypto investors to maintain his outlandish life. The 48-year-old has confessed to have promoted two initial coin offerings (ICO), one for an entertainment streaming platform called ‘FLiK’ in 2017 and another for a crypto exchange called ‘CoinSpark’ in 2018. As pa...
-
Binance’s BNB Native Token Under SEC Scrutiny in US, Investigation Opened
The SEC is trying to identify those ICOs that were not registered with it before going live and Binance’s BNB token has become its latest pick. The federal agency will be probing if Binance had completed official formalities before listing its BNB token for an initial coin offering back in 2017.
-
Facebook Agrees to Pay Meagre UK Fine Over Cambridge Analytica Scandal
Facebook CEO Mark Zuckerberg has faced questioning by US and EU lawmakers over how the political consultancy obtained the personal data of 87 million Facebook users from a researcher.
-
Facebook Fined by UK Regulator Over User Data Breaches
UK's Information Commissioner's Office (ICO) has fined Facebook for failing to protect personal information of at least one million users in the country between 2007 and 2014.
-
Facebook Eases Ban on Cryptocurrency Ads
To place ads on Facebook for cryptocurrencies, companies will need to be pre-approved and offer proof they have licences or are traded on a public exchange.
-
Twitter to Ban Cryptocurrency Ads From Tuesday as Online Crackdown Widens
Twitter joins Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses.
-
Cambridge Analytica Central London Office Raided by UK Investigators
About 20 officials, wearing black jackets with "ICO Enforcement" on them, arrived at Cambridge Analytica's central London offices soon after a High Court judge granted a search warrant.
-
No Plan To Ban Bitcoins Exchanges, Says South Korea
South Korea's finance minister said the government has no plans to shut down bitcoins (cryptocurrency) trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms
-
Hackers Steal Around $400 Million Raised Through ICOs: Report
Phishing was the most widely used hacking technique for ICOs, with hackers stealing up to $1.5 million in ICO proceeds per month, according to the report.
