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A Crypto Wallet Crack Recovered $2 Million in Tokens

Andrew Orr ·

The Verge had a fascinating story out yesterday about a crypto wallet crack that helped two friends get their tokens back. It’s a long-ish read but not overly technical.

Reich gave up and wrote off the money in his mind. He was willing to take the loss — until the price started to rise again. From a low of around $12,000, the value of their tokens started to skyrocket. By the end of 2020, it would be worth more than $400,000, rising briefly to over $3 million. It would be hard to get into the wallet without the PIN — but it wasn’t impossible. And with potentially millions on the line, Reich and his friend vowed to find a way inside.

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Google Topics Will Categorize Your Browsing for Advertising

Andrew Orr ·

Google Topics will track your browsing and divvy it up into 300 categories for advertising. It replaces Federated Learning of Cohorts (FLoC).

When you hit upon a site that supports the Topics API for ad purposes, the browser will share three topics you are interested in — one for each of the three last weeks — selected randomly from your top five topics of each week. The site can then share this with its advertising partners to decide which ads to show you. Ideally, this would make for a more private method of deciding which ad to show you — and Google notes that it also provides users with far greater control and transparency than what’s currently the standard. Users will be able to review and remove topics from their lists — and turn off the entire Topics API, too.

 

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Cooking Over FaceTime? New Recipe App 'Pestle' Can Help

Andrew Orr ·

Sarah Perez writes about a new app called Pestle that helps with cooking over FaceTime. It makes use of SharePlay released with iOS 15.1.

The result is a well-built recipe app that provides a better experience for the end user, and one which tries to respect the creator content it organizes by offering source links, tools to discover more recipes from the same creator as they’re published, and a feature that encourages repeat visits to recipe sites. But some of Pestle’s other features make it almost too easy to bypass creators’ websites, which could cause concerns.

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Coinbase Creates Center to Help With Crypto Taxes

Andrew Orr ·

Worried about crypto taxes? Coinbase has created a tax center on its platform to help.

Customers will see all of their taxable activity in one place to determine if they owe taxes, and how much. If they’ve taken more advanced steps like sending or receiving crypto from Coinbase Pro or external wallets, they can receive free tax reports for up to 3,000 transactions from our crypto tax partner CoinTracker. The most complicated time of the year just became more clear.

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Do You Use Coinbase or Venmo? Join the Plaid Lawsuit

Andrew Orr ·

Join the Plaid lawsuit if you’ve ever used Coinbase, Venmo, Robinhood, or dozens of other apps.

Plaid, a middleman connecting bank accounts to other fintech services, says it’s been used by tens of millions in North America. According to the settlement website, Plaid allegedly obtained “more financial data than was needed” and set up log-in pages that deceptively mimicked those of the user’s own bank account, but fed the credentials directly to itself. For its part, Plaid has denied any wrongdoing and argued it was transparent about its practices.

I filed a claim and look forward to getting my US$5.00.