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Decentralized data ownership app to launch open beta at Token2049

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A new decentralized data ownership application is set to make its debut in open beta at TOKEN2049, the premier blockchain and cryptocurrency conference.

The application, which aims to revolutionize how users control and manage their personal data, will be showcased at the highly anticipated event. TOKEN2049, scheduled to take place later this month, provides a significant platform for the app’s introduction to the broader crypto and tech community.

Designed to empower users with full ownership of their data, the app leverages blockchain technology to ensure privacy, security, and transparency. By decentralizing data storage and management, it promises to give users unprecedented control over how their information is used and shared.

The open beta launch at TOKEN2049 will offer attendees an exclusive first look at the app’s features and functionality. Participants will have the opportunity to interact with the platform, provide feedback, and explore its potential for disrupting traditional data management systems.

The app’s developers are eager to demonstrate how it addresses growing concerns about data privacy and ownership in the digital age. By utilizing blockchain’s inherent qualities—immutability and decentralization—the application aims to set a new standard for data security and user empowerment.

TOKEN2049, known for attracting industry leaders, innovators, and enthusiasts, will serve as a strategic venue for the app’s launch, facilitating high-profile exposure and engagement with key stakeholders.

Following the open beta, the team behind the app plans to refine its features based on user feedback and prepare for a full-scale launch. The upcoming months will be crucial as the project transitions from beta testing to a broader market release.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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