Internet Security

In the Battle Against Censorship, This Project Turns the Tide on the Big Tech Monopoly

ArGoApp provides a one-stop-shop for websites and applications to deploy on a censorship-resistant blockchain with 100% uptime When it comes to freedom of speech, concerns over censorship have been gradually rising over the years, with the likes of Amazon, Google, Facebook, Apple and Alibaba tightening their grip over the technology industry and forming a formidable…

ArGoApp provides a one-stop-shop for websites and applications to deploy on a censorship-resistant blockchain with 100% uptime When it comes to freedom of speech, concerns over censorship have been gradually rising over the years, with the likes of Amazon, Google, Facebook, Apple and Alibaba tightening their grip over the technology industry and forming a formidable monopoly. The situation is becoming especially grim when it comes to political speech, particularly when popular social media platforms such as Twitter are told they have a duty to remove “extremism” by the big tech monopoly that they ultimately report to. This “extremism” is often wrongly-classed and legitimate speech, but it has seen people censored, blocked and downranked, with accounts suspended or even terminated; historians, war crimes investigators, sex educators and punk musicians and more have all been in the firing line by increasingly powerful algorithms that find and take action against what they consider extremist. Thankfully, ArGoApp is utilising the power of blockchain technology, which has in recent years permeated all corners of the industry from finance to healthcare, to provide immediate access to censorship-resistant web hosting. The platform represents a step forward in a world dominated by a select few tech giants, offering developers a way to deploy websites and applications that is completely decentralized and that rids of recurring costs related to server hosting, security and storage. Providing a brighter future for free speech Built on decentralised cloud networks, ArGoApp’s web app hosting and storage aggregation platform means that users can stop relying on the expensive subscription plans that cloud provider giants dominate the industry with; users instead can benefit from access to fast website and app deployment with pre-rendered front-end web pages with flexible payment options. But ArGoApp benefits more than just developers looking to escape the clutches of big tech: with a server-less app deployment platform, anyone can build and deploy their ideas on ArGoApp with no risk of a centralized entity controlling or even taking down their site or app. During a time that sees more government and corporate control over the internet, ArGoApp provides a decentralized, uncensored, and permanent platform for the future of Web3 to be created upon. Auditable, with no downtime ArGoApp enables users and developers unfamiliar with blockchain technology to dive into a future of decentralized web and app hosting, by offering a simple and intuitive user Interface for any deployment on Arweave Protocol. By cutting out the need for additional programming knowledge, ArGoApp opens the doors for the world’s millions of developers to build and deploy a web app on the blockchain; ArGoApp works with Jamstack frameworks and users can pick from leading storage protocols including Arweave, Skynet, IPFS and more. The beauty of blockchain technology lies in that, by nature, it is completely verifiable. Blockchains are publicly accessible and, with ArGoApp, everything is fully auditable. Also in stark contrast to the recurring outages of centralized servers owned by the likes of AWS, the likes of which have cost businesses around the world millions of dollars in lost revenue, ArGoApp deploys on decentralized cloud infrastructure; this ensures zero downtime and eradicates the risk of outages. In the face of government overreach, ArGoApp serves as a beacon of hope to developers, institutions and big thinkers looking for somewhere to build, deploy and store the innovations that big tech looks to suppress. Led by an all-star team hailing from India, ArGoApp is partnered with several other blockchain businesses that aim to disrupt the world, including Polygon, Skynet, DIA and Arweave.  
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Internet Security

Massive Crypto Breach Unveiled: Latest Insights Emerge

In what appears to be the most significant crypto breach of the year, fresh revelations have emerged shedding light on the extensive infiltration into the digital realm. PeckShield, a reputable blockchain security firm, has disclosed a substantial breach impacting FixedFloat, a prominent platform facilitating cryptocurrency and fiat exchanges…

In what appears to be the most significant crypto breach of the year, fresh revelations have emerged shedding light on the extensive infiltration into the digital realm. PeckShield, a reputable blockchain security firm, has disclosed a substantial breach impacting FixedFloat, a prominent platform facilitating cryptocurrency and fiat exchanges…
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Internet Security

Protests in Delhi a security challenge

Sit-ins and protests in and around the national capital are emerging as a big security challenge for the establishment. According to Delhi Police’s 2022 report, cops handled 6,277 law and order situations relating to protests, demonstrations, meetings and processions, with latest curbs being enforced due to the ongoing farmers’ protest around Delhi-NCR.A former Delhi police

Sit-ins and protests in and around the national capital are emerging as a big security challenge for the establishment. According to Delhi Police’s 2022 report, cops handled 6,277 law and order situations relating to protests, demonstrations, meetings and processions, with latest curbs being enforced due to the ongoing farmers’ protest around Delhi-NCR.A former Delhi police commissioner told ET: “Crowd management has become complex these days mainly due to social media…
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Internet Security

3 Protocols Expanding Bitcoin Network Into NFT, DeFi, and Tooling

Binance’s report identifies three protocols, bitSmiley, Liquidium, and Portal, that could expand Bitcoin’s reach into DeFi, NFTs and tooling sectors, potentially enhancing scalability and security. The post 3 Protocols Expanding Bitcoin Network Into NFT, DeFi, and Tooling appeared first on BeInCrypto…

Binance’s report identifies three protocols, bitSmiley, Liquidium, and Portal, that could expand Bitcoin’s reach into DeFi, NFTs and tooling sectors, potentially enhancing scalability and security.
The post 3 Protocols Expanding Bitcoin Network Into NFT, DeFi, and Tooling appeared first on BeInCrypto…
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Internet Security

Congress seeks clarification from Yellen on crypto oversight plans, criticizes Howey Test

Share this article URL Copied Members of the US Congress have posed a list of questions in a recent letter to Treasury Secretary Janet Yellen in response to her call for enhanced oversight of crypto. Notably, they highlighted the limitations of the Howey Test in protecting consumers in the crypto market. The letter, signed by

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Members of the US Congress have posed a list of questions in a recent letter to Treasury Secretary Janet Yellen in response to her call for enhanced oversight of crypto. Notably, they highlighted the limitations of the Howey Test in protecting consumers in the crypto market.

The letter, signed by House Financial Services Committee Chair Patrick McHenry, House Agriculture Committee Chair Glenn Thompson, Rep. French Hill, and Rep. Dusty Johnson, seeks Yellen’s detailed explanation of how the regulatory framework should be shaped concerning digital assets, following her call earlier today.

Congress has requested clarification on the Securities and Exchange Commission’s (SEC) role. Notably, they have raised concerns about the effectiveness of the Howey Test, which is used to determine the classification of a transaction as an investment contract and, thus, a security. Congress is questioning whether the Howey Test is sufficient for providing adequate consumer protection.

The legislators have argued that the SEC’s retrospective application of the test does little to protect investors, stating:

“Chair Gensler has declared that “the vast majority of crypto tokens likely meet the investment contract test.” However, the final investment contract analysis is backwards looking, made by a court after the transaction in question has been completed. How does this reactive legal authority provide adequate protection for customers, in the absence of comprehensive legislation?”

Congress has also highlighted that the current regulatory framework does not cover a significant portion of the crypto-asset ecosystem, including Bitcoin and Ether. They have asked the Financial Stability Oversight Council (FSOC) whether these cryptocurrencies are considered securities. Led by Yellen, the FSOC brings together key financial regulators to monitor potential risks and safeguard the financial system.

Furthermore, Congressmen have expressed concern about regulatory gaps in spot markets for digital assets that are not considered securities. They are questioning if the Commodity Futures Trading Commission should expand its jurisdiction to include these spot markets, given its existing authority over certain aspects of non-security digital asset transactions. Congress expects to receive answers from Yellen by February 20.

Yellen has been actively advocating for stricter regulations after FTX’s collapse. In a testimony before the House Financial Services Committee on Tuesday, she warned of the risks associated with crypto platforms and stablecoins, urging Congress to enact stricter regulations for the crypto industry.

Share this article

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Members of the US Congress have posed a list of questions in a recent letter to Treasury Secretary Janet Yellen in response to her call for enhanced oversight of crypto. Notably, they highlighted the limitations of the Howey Test in protecting consumers in the crypto market.

The letter, signed by House Financial Services Committee Chair Patrick McHenry, House Agriculture Committee Chair Glenn Thompson, Rep. French Hill, and Rep. Dusty Johnson, seeks Yellen’s detailed explanation of how the regulatory framework should be shaped concerning digital assets, following her call earlier today.

Congress has requested clarification on the Securities and Exchange Commission’s (SEC) role. Notably, they have raised concerns about the effectiveness of the Howey Test, which is used to determine the classification of a transaction as an investment contract and, thus, a security. Congress is questioning whether the Howey Test is sufficient for providing adequate consumer protection.

The legislators have argued that the SEC’s retrospective application of the test does little to protect investors, stating:

“Chair Gensler has declared that “the vast majority of crypto tokens likely meet the investment contract test.” However, the final investment contract analysis is backwards looking, made by a court after the transaction in question has been completed. How does this reactive legal authority provide adequate protection for customers, in the absence of comprehensive legislation?”

Congress has also highlighted that the current regulatory framework does not cover a significant portion of the crypto-asset ecosystem, including Bitcoin and Ether. They have asked the Financial Stability Oversight Council (FSOC) whether these cryptocurrencies are considered securities. Led by Yellen, the FSOC brings together key financial regulators to monitor potential risks and safeguard the financial system.

Furthermore, Congressmen have expressed concern about regulatory gaps in spot markets for digital assets that are not considered securities. They are questioning if the Commodity Futures Trading Commission should expand its jurisdiction to include these spot markets, given its existing authority over certain aspects of non-security digital asset transactions. Congress expects to receive answers from Yellen by February 20.

Yellen has been actively advocating for stricter regulations after FTX’s collapse. In a testimony before the House Financial Services Committee on Tuesday, she warned of the risks associated with crypto platforms and stablecoins, urging Congress to enact stricter regulations for the crypto industry.

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