TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto update from your favorite reporter, Linzerd. Apple set to launch own no fee credit card. Bing blocked more than 5 million crypto ads. Luke Childs creates Twitter bias indicator tool. Rakuten set to launch cryptocurrency exchange subsidiary. Singapore based DragonEx exchange hacked, and the FTC requests ISPs disclose data collecting processes.
Apple Launches No Fee Credit Card
Apple is furthering into the fintech scene, launching its own credit card that will feature several interesting options. Apart from a virtual credit card, it is also a physical credit card with no imprint. The card will have no fees associated with its operation, and late payments will be handed by multi-part agreements. Goldman Sachs is the one in charge of handling the payment part of the card, and it assured they won’t sell your data.
Bing Blocked More Than 5 Million Crypto Ads
Bing Ads, the advertising service associated with the popular Microsoft search engine, removed more than 5 million cryptocurrency related ads, justified by the pseudo-anonymous trait of crypto assets. Bing Ads decided to ban cryptocurrency content from its platform after realizing there was not enough regulatory oversight, and that fraudsters and scam artists could leverage these ads to attack end users.
Luke Childs Creates Crypto Twitter Bias Indicator
My latest project 🎉
Coinflict of Interest: A browser extension to show user biases on Crypto Twitter.
Built on the brilliant @hivedotone API, with a simple algorithm to derive bias from user influence across cryptocurrency communities.
— Luke Childs (@lukechilds) March 25, 2019
Luke Childs, an independent open source developer, announced he has written an innovative tool that will allow people to detect coin bias from crypto Twitter actors. The tool works as a browser extension displaying the alignment of the crypto personality. The tool is 100% open source and available for download right now.
Rakuten Launches Own Cryptocurrency Exchange
Rakuten, one of the biggest Japanese retailers, obtained the go signal from Japan’s FSA, the cryptocurrency watchdog, to launch its own cryptocurrency exchange named Rakuten Wallet. Rakuten Wallet will be a subsidiary of the Rakuten group directed towards cryptocurrency, born from the ashes of the exchange acquired by them last year called Everybody’s Bitcoin. The relicensed entity is rumored to be integrated into Rakuten Pay.
Singapore Based DragonEx Exchange Hacked
A Singapore-based exchange, DragonEx, announced it had been hacked the last Sunday for an undisclosed amount of cryptocurrency. The exchange took down the system supposedly due to unannounced routine maintenance, and then recognizing it had suffered a hack. Part of the funds were recovered, and the exchange has already published the addresses where the stolen cryptocurrencies were transferred.
FTC tells ISPs to Disclose Its Data Collecting Process
The Federal Trade Commission sent letters to several ISPs, asking them to disclose which kind of information are they collecting from users. The letters were directed to Comcast, Google, T-Mobile, Verizon, and AT&T, and could be the start of a new regulatory push from the agency to protect the rights of consumers whose data is being actively collected from all sides.
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