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CryptoCentralized.com
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  • Crypto News
    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    Aave Founder Responds After Trader’s $50M Loss

    Aave Founder Responds After Trader’s $50M Loss

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Ethereum’s Power is Being a Public Bulletin Board

    Ethereum’s Power is Being a Public Bulletin Board

    Solana Expands Cross-Chain Access as AVAX Launches

    Solana Expands Cross-Chain Access as AVAX Launches

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Cardano Releases Rosetta Java v2.1.0 with Conway Support

    Cardano Foundation Backs 50M ADA Proposal for Orion Fund

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Foundry Launches Institutional-Grade Mining Pool for Zcash

    Foundry Launches Institutional-Grade Mining Pool for Zcash

  • Bitcoin
    Dogecoin Morning Doji Star Shows Bullish Reversal That Will Send Price To $0.8

    Historical Cycle Performance Points To 750% Rally

    Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

    Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

    Bitcoin Must Fall 90% For Years To Pressure Strategy’s Debt, CEO Says

    Analyst Predicts ‘Structural Bottom’ Yet to Form

    This XRP Level Is ‘Where Everything Changes,’ Analyst Says

    This XRP Level Is ‘Where Everything Changes,’ Analyst Says

    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

  • 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 leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    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

  • 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
    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    TRUMP memecoin drops to all-time low as team dumps $32M token

    TRUMP memecoin drops to all-time low as team dumps $32M token

    US rising war costs further boosts Bitcoin’s financial refuge status

    US rising war costs further boosts Bitcoin’s financial refuge status

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin signals economic concerns amid oil prices rising

    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

  • Regulation
    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    People traded $25B of crypto stock tokens that do not make them stockholders

    People traded $25B of crypto stock tokens that do not make them stockholders

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    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

  • 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
    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    Aave Founder Responds After Trader’s $50M Loss

    Aave Founder Responds After Trader’s $50M Loss

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Ethereum’s Power is Being a Public Bulletin Board

    Ethereum’s Power is Being a Public Bulletin Board

    Solana Expands Cross-Chain Access as AVAX Launches

    Solana Expands Cross-Chain Access as AVAX Launches

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Cardano Releases Rosetta Java v2.1.0 with Conway Support

    Cardano Foundation Backs 50M ADA Proposal for Orion Fund

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Foundry Launches Institutional-Grade Mining Pool for Zcash

    Foundry Launches Institutional-Grade Mining Pool for Zcash

  • Bitcoin
    Dogecoin Morning Doji Star Shows Bullish Reversal That Will Send Price To $0.8

    Historical Cycle Performance Points To 750% Rally

    Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

    Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

    Bitcoin Must Fall 90% For Years To Pressure Strategy’s Debt, CEO Says

    Analyst Predicts ‘Structural Bottom’ Yet to Form

    This XRP Level Is ‘Where Everything Changes,’ Analyst Says

    This XRP Level Is ‘Where Everything Changes,’ Analyst Says

    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

  • 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 leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    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

  • 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
    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    TRUMP memecoin drops to all-time low as team dumps $32M token

    TRUMP memecoin drops to all-time low as team dumps $32M token

    US rising war costs further boosts Bitcoin’s financial refuge status

    US rising war costs further boosts Bitcoin’s financial refuge status

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin signals economic concerns amid oil prices rising

    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

  • Regulation
    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    People traded $25B of crypto stock tokens that do not make them stockholders

    People traded $25B of crypto stock tokens that do not make them stockholders

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    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

  • 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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Why Worldcoin fails to strike the balance between progress and privacy

September 30, 2023
in Altcoin
Reading Time: 4min read
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The following is a guest post from Philippe Desmarais, CEO at Kelvin Zero.

Want to have your retina scanned by a metal orb owned by a private company that shares the same founder as OpenAI, for some crypto and a digital World ID? Only weeks after Worldcoin launched, over two million people said “yes.”

Did I mention that governments and private companies can tap into the digital ID system? A mere five years ago, this would have sounded crazy. But make no mistake, this heavyweight project is backed by one of the most successful entrepreneurs in modern history and bankrolled by some of the world’s most powerful VC firms. If you’re not taking Worldcoin seriously and carefully considering its implications – most concerning – now is a good time to start.

As someone who lives and breathes privacy and data protection, the co-founder and CEO of a cybersecurity company focused on authentication and decentralized biometrics – Worldcoin reignited an existential question I ask myself every day: at what cost to privacy does our digital progress require?

In the case of Worldcoin, the cost is far too high.

As the world barrels towards a more interconnected future, the debate about blockchain technology’s value and potential to create a safer yet more connected digital world is settled. It’s a game-changer. That brings us to Worldcoin, which has taken center stage with an ambitious goal of spurring financial inclusion for everyone.

But actions speak louder than words. Worldcoin’s approach to biometric data collection raises significant concerns about personal privacy. As a starting point, the mass collection and centralized storage of biometric information should never happen when technology already exists that gives individuals control of their own biometrics while giving certainty to their identity system. There is never a reason to collect and centralize biometric data. Full stop.

Worldcoin aside, biometrics undoubtedly are an integral part of the future of authentication. The question is not if, but how. Diverse strategies and solutions have emerged, with the most noteworthy methods exclusively relying on a biometric template hash, eliminating the need to store actual biometric data on a device or within a cloud environment. The biometric authentication landscape is ever-evolving, but the most promising concepts are those that prioritize data security and privacy.

On the other hand, cybercriminals regularly target centralized biometric databases to exploit vulnerabilities, which can lead to devastating outcomes for affected individuals. While users can have their biometric data deleted after creating what Worldcoin calls a “World ID,” they can also opt-in to have their data encrypted and saved.

Simply encrypting biometric data is not enough. If the data becomes compromised, it can be held over time until decrypted. Biometric information is perhaps our most personal thing, and it’s permanent, unlike a password. Once the decryption process plays out, it’s gone forever. If a password becomes compromised, a user changes it. If an individual’s retina becomes compromised, they can never safely use it again.

Without required third-party oversight, we are entrusting a single point of failure with what may become one of the world’s most valuable databases – and one that should never exist. Has big tech progressed to the point where they are finally showing us their hand? With Worldcoin, we know what they are capable of and what they intend to do.

The nation of Kenya just suspended Worldcoin for these exact concerns. Within weeks of launch, The Bavarian State Office for Data Protection Supervision – a German privacy watchdog – announced it had been investigating Worldcoin since November 2022 due to the project processing “sensitive data at a very large scale.”

Beyond the storage and oversight questions, mass biometric data collection could create a potential surveillance state on a global scale. The notion of a single entity having access to our most intimate data at scale raises alarm bells about the potential abuse of power. Despite the most stringent security measures, no system is entirely invulnerable to cyber threats. And what are some of the most imminent cyber threats today? Nation-states.

Of all the Worldcoin cynicism out there – most of it justified – perhaps the most nefarious part of the project is its launch strategy. Let’s call it as it is: they are targeting some of the poorest regions in the world, offering just over $50 worth of crypto to some of the most economically vulnerable populations for the right to mass harvest their biometric data.

Suppose an organization ignores the fundamental flaws of collecting and centralizing biometric data and does it anyway. In that case, the floor of expectations is that they go above and beyond to educate participants on the implications of surrendering it. Worldcoin is not doing enough on this front. Particularly in developing nations, many individuals are likely participating without understanding what they are signing up for.

Ethereum founder Vitalik Buterin also published a lengthy piece expressing his concerns with Worldcoin. He touched on many of the fundamental concerns detailed here but also took it a step further, questioning the retina-scanning orbs’ unknown capabilities and suggesting the potential for backdoors into the system.

His point, like mine, is how do we know everything works like it should? The answer is we don’t. We are trusting a privately held, single point of failure with what could eventually be the world’s most powerful database. We trust that the technology is flawless and that the way it’s being represented to us is entirely accurate.

The bottom line with Worldcoin is that there is no turning back should some form of failure or malfeasance happen within the project. An unacceptable lack of action, understanding, or both from regulators worldwide has taken us to the point where a private entity is harvesting and storing biometric data from individuals in nearly every corner of the globe.

Now that Worldcoin has got this far, I’m calling for lawmakers to step in before it’s too late. We needed complete, verifiable answers to the questions being raised before its launch, and we did not receive them. At this point, the most sensible path forward is to ban the collection and centralization of biometric information, especially when it’s being used to create a privatized digital identity regime.

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