The CFPB’s regulated “Open Banking” allows people to give third-party apps access to their financial information. But why should an app need information like your entire financial history just to check your account balance? More shared data means more information to protect, and when that data is compromised, the consequences can be expensive… IBM’s 2026 report puts the average financial services breach at $6.3 million, up from $5.56 million in 2025. The less private information an app needs, the better. Fam, this is the exact reason you gotta pay close attention to @primus_labs. Its zkTLS technology is developed to verify information from websites without exposing unrelated data, while FHE lets applications work with encrypted information. Think about a lending platform checking if you have enough money in your account without asking for your entire financial history, ain’t that cool? Yeah, this is the kind of privacy we need as more finance moves on-chain. Get involved; https://t.co/CALm6IGQM2
PrieXtShare



Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.