ChainCatcher news, according to Protos, Telegram has significantly increased its compliance with data requests, providing detailed information on over 2,000 users to U.S. authorities in 2024.According to a report by 404 Media, between January 1 and September 30, 2024, Telegram complied with 14 requests from the U.S. related to "IP addresses and/or phone numbers." These requests affected a total of 108 users. However, in the remaining time of 2024, Telegram continued to comply with 900 requests from the U.S., involving a total of 2,253 users.Shortly after Telegram CEO Pavel Durov was arrested, Telegram updated its privacy policy, clearly stating that it would provide IP addresses and phone numbers to authorities in accordance with valid legal orders. Previously, Telegram had stated that it would only provide this information if the requests were related to potential terrorism offenses.

ChainCatcher news, according to on-chain detective ZachXBT disclosed on his personal channel, the crypto payment service provider Transak has recently suffered a ransomware attack.Transak stated in a blog post earlier today that the incident is limited to the names and basic identity information of a small number of users, while the ransomware group claims it also includes personal identifiable information (PII) and more user data.According to Transak's website, it has been integrated with Metamask, Trust Wallet, Coinbase, Ledger, and others for fiat and cryptocurrency on-ramps and off-ramps.

ChainCatcher news, according to Bitcoin.com, the South African Revenue Service (SARS) has announced the inclusion of crypto assets in its compliance program. The revenue service is seeking information about crypto users from the Financial Sector Conduct Authority (FSCA) and crypto asset service providers.SARS recently stated that it felt it necessary to take this step after noticing that taxpayers were not declaring crypto assets and transactions on their tax returns. According to the statement, South African law requires SARS to account for all income and assets, including cryptocurrencies.In its latest comments on the issue, SARS stated that it is working to simplify compliance for taxpayers and traders. Meanwhile, tax officials emphasized the consequences of intentional tax evasion. To achieve this goal, SARS stated that it has strengthened its audit team and adopted the latest technology.

ChainCatcher message, Shenfish stated on social media that cloud input methods with up to one billion users may have leaked input content. If users have entered mnemonic phrases or other sensitive information through any of the following cloud input methods, please take immediate action to reduce risks.This includes nine manufacturers: Baidu, Honor, Huawei, iFlytek, OPPO, Samsung, Tencent, and analyzes whether their process of sending user input content to the cloud contains security flaws.The analysis results indicate that among the nine manufacturers, eight input method software contain serious vulnerabilities, allowing us to fully crack the encryption methods designed by manufacturers to protect user input content. Some manufacturers also did not use any encryption methods to protect user input content.Based on this study and the vulnerabilities found in our previous research on Sogou Input Method, we estimate that up to one billion users are affected by these vulnerabilities.

ChainCatcher news, according to an official announcement, the Spanish Data Protection Agency (AEPD) has ordered the core developers of Worldcoin, Tools for Humanity Corporation, to take precautionary measures to stop collecting and processing personal data within Spain under the Worldcoin project framework, and to block the data that has already been collected. The regulatory agency stated that it has received multiple complaints against the company, involving insufficient information, collection of data from minors, and inability to withdraw consent, among other violations.Worldcoin Foundation's Data Protection Officer Jannick Preiwisch stated: "It is unfortunate that the action taken by the Spanish data protection agency (AEPD) today is circumventing the established procedures of GDPR, and their actions are limited to Spain rather than the broader EU."

ChainCatcher news, according to Cointelegraph, an online hacker claims to have access to a law enforcement request account "KodexGlobal," allowing buyers to "subpoena" user information from Coinbase, Binance, Chainlink, and many other companies.According to a blog updated on February 4 by the cybercrime solution provider Hudson Rock, the hacker is selling access to the law enforcement request system account on BreachForums—selling full accounts for $5,000 or $300 per Emergency Data Request (EDR). The hacker claims to provide EDR services including LinkedIn, Discord, Tinder, Binance, Coinbase, Chainlink, SendGrid, and more. The report notes that abuse of this system could lead to identity theft, extortion, and financial loss, especially for users holding cryptocurrency assets.

ChainCatcher news, according to a report by Reuters, identity management company Okta (OKTA.O) stated on Tuesday that hackers stole information from all users of its customer support system in a cyber breach that occurred two months ago. The company has notified customers and has determined that the hackers downloaded a report containing data such as the names and email addresses of all customers using its customer support system.Okta stated: "While we do not have direct knowledge or evidence that this information is being actively used, we have notified all customers that this file increases the security risks of phishing and social engineering."

ChainCatcher message, Binance tweeted that impersonating Binance employees to obtain user information and funds is a common tactic of scammers. Users should remain vigilant, avoid, and report any suspicious behavior.

ChainCatcher news, according to FOX Business senior reporter Charles Gasparino, Musk is in talks with Wall Street executives about the future of X. Charles Gasparino stated, "They seem to be determining a new payment system, which is an upgraded version of PayPal. It will offer low transaction costs (compared to credit cards) and will monetize user information."

ChainCatcher News, U.S. companies are required to collect user information for purchases of digital assets valued over $10,000, including user names, addresses, and identification information. This new regulation will take effect on January 1, 2024.The U.S. Department of Justice argues that the regulation is a simple extension of Congress's authority to strengthen tax compliance. Government lawyers stated, "While our tax system is based on voluntary compliance, the authority of Congress to require disclosure of transactions has been maintained since the establishment of the modern tax system," adding that "digital assets are not special."Previously, the cryptocurrency think tank Coin Center filed a lawsuit against the government, arguing that this regulation amounts to illegal financial surveillance. A judge recently dismissed the lawsuit, stating that it was not ripe. Coin Center has appealed this ruling.

ChainCatcher news, Binance officially responded to the previous report that it was "under investigation by the Paris prosecutor for illegally providing digital asset services and money laundering," stating, "It is important to clarify that in France, on-site visits by regulators and inspectors are part of the regulatory obligations that all financial institutions must comply with. We underwent an on-site visit by the relevant authorities last week. Binance has always fully cooperated, and we have accordingly fulfilled our obligations. We continue to work closely with regulators and law enforcement on all ongoing compliance requirements to maintain high standards. Binance invests significant time and resources in collaborating with global law enforcement agencies. We comply with all laws in France, just as we do in every other market. We will not comment on the specific details of any law enforcement or regulatory investigation, only stating that information about our users is secure and will only be provided to government officials when there is a documented legitimate reason." (source link)