Congress demands to know how big crypto exchanges are fighting scams

The US may be starting to crack down on cryptocurrency exchanges that don’t make it a priority to combat scammers. The House Committee on Oversight and Reform has sent letters to several federal agencies and five digital asset exchanges for information and documents related to how they are tackling cryptocurrency fraud. The cryptocurrency exchanges they contacted are FTX, Binance, Coinbase, KuCoin, and Kraken, while the agencies they contacted include the Department of the Treasury, the Federal Trade Commission, the Commodity Futures Trading Commission, and the Securities and Exchange Commission.

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Why Facebook Messenger doesn’t have end-to-end encryption by default yet

With online privacy being such a hot-button issue in recent years, it’s kind of surprising that Facebook Messenger, one of the most-used messenger apps, hasn’t yet implemented end-to-end encryption by default. Particularly when WhatsApp, another Meta-owned messaging app, has been offering end-to-end encryption since 2016. Right now, your Facebook messages can be accessed by Meta staff and could even be handed over to law enforcement, much like a recent case in Nebraska.

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