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Sunday, March 8, 2026
CryptoCentralized.com
  • Home
  • Crypto News
    World Liberty Proposes WLFI Staking to Boost Governance

    World Liberty Financial Launches Staking Governance Vote

    Pi Network Announces Critical Protocol Upgrade Path for 2026

    Pi Network Explores AI Training With Over 421K Nodes

    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    RLUSD and XRP Rank Among Top Assets in Crypto Philanthropy

    Cardano Powers New RWA Platform With Archax Integration

    Cardano Powers New RWA Platform With Archax Integration

    How IOTA Is Powering EU-Compliant Digital Product Passports

    How IOTA Is Powering EU-Compliant Digital Product Passports

    Hedera Integrates Chainlink to Unlock Real-World Data

    Hedera Integrates Chainlink to Unlock Real-World Data

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    XRP Ledger’s XLS-65 Introduces Single Asset Vaults for DeFi

    Pi Network Rolls Out Phase 2 Protocol Upgrades

    Pi Network Tests AI Computing on Nodes Ahead of Pi Day DEX

  • Bitcoin
    Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

    Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

    Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

    Here’s Why Bitcoin Price Must Not Fall To $54K: Analyst

    Analyst Predicts Conservative XRP Price If It Follows 2017 Run

    Analyst Predicts Conservative XRP Price If It Follows 2017 Run

    XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

    XRP Whale Outflows Continue On Binance — What’s Happening?

    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

    Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

    The metrics that matter for XRP network health and how to read them without counting noise

    The metrics that matter for XRP network health and how to read them without counting noise

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin watches as US injects $3 billion into banks

    Bitcoin watches as US injects $3 billion into banks

  • Regulation
    Refusing new IRS crypto tax forms could cost you your exchange account

    Refusing new IRS crypto tax forms could cost you your exchange account

    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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  • Home
  • Crypto News
    World Liberty Proposes WLFI Staking to Boost Governance

    World Liberty Financial Launches Staking Governance Vote

    Pi Network Announces Critical Protocol Upgrade Path for 2026

    Pi Network Explores AI Training With Over 421K Nodes

    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    RLUSD and XRP Rank Among Top Assets in Crypto Philanthropy

    Cardano Powers New RWA Platform With Archax Integration

    Cardano Powers New RWA Platform With Archax Integration

    How IOTA Is Powering EU-Compliant Digital Product Passports

    How IOTA Is Powering EU-Compliant Digital Product Passports

    Hedera Integrates Chainlink to Unlock Real-World Data

    Hedera Integrates Chainlink to Unlock Real-World Data

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    Aave Labs Proposes Bug Bounty Program for V4 With Sherlock

    SBI Issues 1st Security Token Bond With Direct XRP Exposure

    XRP Ledger’s XLS-65 Introduces Single Asset Vaults for DeFi

    Pi Network Rolls Out Phase 2 Protocol Upgrades

    Pi Network Tests AI Computing on Nodes Ahead of Pi Day DEX

  • Bitcoin
    Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

    Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

    Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

    Here’s Why Bitcoin Price Must Not Fall To $54K: Analyst

    Analyst Predicts Conservative XRP Price If It Follows 2017 Run

    Analyst Predicts Conservative XRP Price If It Follows 2017 Run

    XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

    XRP Whale Outflows Continue On Binance — What’s Happening?

    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    Bitcoin ETFs Bleed $349M In A Day As Whales Dump

    Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

    Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

    Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

    The metrics that matter for XRP network health and how to read them without counting noise

    The metrics that matter for XRP network health and how to read them without counting noise

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    Bitcoin watches as US injects $3 billion into banks

    Bitcoin watches as US injects $3 billion into banks

  • Regulation
    Refusing new IRS crypto tax forms could cost you your exchange account

    Refusing new IRS crypto tax forms could cost you your exchange account

    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Circle’s $461M payout shows who captures USDC yield — and it’s not Circle

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    Crypto traders are chasing 10x leverage in the US while Europe tightens the screws behind the scenes

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

    The SEC just gave Cardano a 75-day shortcut to a spot ETF that took Bitcoin 240 days

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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Can You Trust Centralized Big Tech?

October 3, 2021
in Crypto News
Reading Time: 5min read
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Apple’s plan to scan customers’ phones and other devices for images depicting child sexual abuse generated a backlash over privacy concerns, which led the company to announce a delay.

Apple, Facebook, Google and other companies have long scanned customers’ images that are stored on the companies’ servers for this material. Scanning data on users’ devices is a significant change.

However well-intentioned, and whether or not Apple is willing and able to follow through on its promises to protect customers’ privacy, the company’s plan highlights the fact that people who buy iPhones are not masters of their own devices. In addition, Apple is using a complicated scanning system that is hard to audit. Thus, customers face a stark reality: If you use an iPhone, you have to trust Apple.

Specifically, customers are forced to trust Apple to only use this system as described, run the system securely over time, and put the interests of their users over the interests of other parties, including the most powerful governments on the planet.

Despite Apple’s so-far-unique plan, the problem of trust isn’t specific to Apple. Other large tech companies also have considerable control over customers’ devices and insight into their data.

What is trust?

Trust is “the willingness of a party to be vulnerable to the actions of another party,” according to social scientists. People base the decision to trust on experience, signs and signals. But past behavior, promises, the way someone acts, evidence and even contracts only give you data points. They cannot guarantee future action.

Therefore, trust is a matter of probabilities. You are, in a sense, rolling the dice whenever you trust someone or an organization.

Trustworthiness is a hidden property. People collect information about someone’s likely future behavior, but cannot know for sure whether the person has the ability to stick to their word, is truly benevolent and has the integrity – principles, processes and consistency – to maintain their behavior over time, under pressure or when the unexpected occurs.

Trust in Apple and Big Tech

Apple has stated that their scanning system will only ever be used for detecting child sexual abuse material and has multiple strong privacy protections. The technical details of the system indicate that Apple has taken steps to protect user privacy unless the targeted material is detected by the system. For example, humans will review someone’s suspect material only when the number of times the system detects the targeted material reaches a certain threshold. However, Apple has given little proof regarding how this system will work in practice.

After analyzing the “NeuralHash” algorithm that Apple is basing its scanning system on, security researchers and civil rights organizations warn that the system is likely vulnerable to hackers, in contrast to Apple’s claims.

Critics also fear that the system will be used to scan for other material, such as indications of political dissent. Apple, along with other Big Tech players, has caved to the demands of authoritarian regimes, notably China, to allow government surveillance of technology users. In practice, the Chinese government has access to all user data. What will be different this time?

It should also be noted that Apple is not operating this system on its own. In the US, Apple plans to use data from, and report suspect material to, the nonprofit National Center for Missing and Exploited Children. Thus, trusting Apple is not enough. Users must also trust the company’s partners to act benevolently and with integrity.

Big Tech’s less-than-encouraging track record

This case exists within a context of regular Big Tech privacy invasions and moves to further curtail consumer freedoms and control. The companies have positioned themselves as responsible parties, but many privacy experts say there is too little transparency and scant technical or historical evidence for these claims.

Another concern is unintended consequences. Apple might really want to protect children and protect users’ privacy at the same time. Nevertheless, the company has now announced – and staked its trustworthiness to – a technology that is well-suited to spying on large numbers of people. Governments might pass laws to extend scanning to other material deemed illegal.

Would Apple, and potentially other tech firms, choose to not follow these laws and potentially pull out of these markets, or would they comply with potentially draconian local laws? There’s no telling about the future, but Apple and other tech firms have chosen to acquiesce to oppressive regimes before. Tech companies that choose to operate in China are forced to submit to censorship, for example.

Weighing whether to trust Apple or other tech companies

There’s no single answer to the question of whether Apple, Google or their competitors can be trusted. Risks are different depending on who you are and where you are in the world. An activist in India faces different threats and risks than an Italian defense lawyer. Trust is a matter of probabilities, and risks are not only probabilistic but also situational.

It’s a matter of what probability of failure or deception you can live with, what the relevant threats and risks are, and what protections or mitigations exist. Your government’s position, the existence of strong local privacy laws, the strength of rule of law and your own technical ability are relevant factors. Yet, there is one thing you can count on: Tech firms typically have extensive control over your devices and data.

Like all large organizations, tech firms are complex: Employees and management come and go, and regulations, policies and power dynamics change.

A company might be trustworthy today but not tomorrow.

[Over 100,000 readers rely on The Conversation’s newsletter to understand the world. Sign up today.]

Big Tech has shown behaviors in the past that should make users question their trustworthiness, in particular when it comes to privacy violations. But they have also defended user privacy in other cases, for example in the San Bernadino mass shooting case and subsequent debates about encryption.

Last but not least, Big Tech does not exist in a vacuum and is not all-powerful. Apple, Google, Microsoft, Amazon, Facebook and others have to respond to various external pressures and powers. Perhaps, considering these circumstances, greater transparency, more independent audits by journalists and trusted people in civil society, more user control, more open-source code and genuine discourse with customers might be a good start to balance different objectives.

While only a first step, consumers would at least be able to make more informed choices about what products to use or buy.

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Credit: Source link

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