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Heaven or Hell?Internet giant Facebook data privacy leaks arise great worries

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4 years ago

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The sudden outbreak of the COVID-19 pandemic has cast a shadow over the world, landing a devastating blow to the global economy. But it has brought great opportunities for the development of the cyber economy as well. Confined to their homes, many people had to rely on the Internet for their daily work and social activities. The information technology industry has boomed at an exponential speed. For the first quarter of 2021, Facebook’s earnings per share (EPS) came to $3.30 per share, surpassing the expected $2.37 per share (a year-on-year increase of 93%). Revenue for the same period exceeded the estimated $23.67 billion. Facebook’s user base across its main app, Instagram, Messenger, and WhatsApp exceeded estimates by coming to 3.45 billion monthly active people in the quarter, a year-over-year increase of 15%. However, just as its scale continues to grow, subsequent data privacy and data security problems have become more salient and serious than ever before.

 In July 2021, a new book revealed that Facebook fired 52 people from 2014 to August 2015 over abusing access to user data. According to the book, one employee used data to find a woman he was traveling with who had left him after a fight. Many users suspect that some of the harassing text messages they usually receive also originate from Facebook’s data leakage. Although Facebook fired 52 bad employees, but I wonder if there are still some fish in the net besides these 52 people? Nor do we know if such a breach has been fixed? The scary thing is that this is not the first time Facebook has made a mistake.

Just three months ago, a CNN report said that a user on a low-access hacking forum posted hundreds of millions of users’ personal data on social media for free. The leaked data included the personal information of more than 533 million Facebook users from 106 countries and territories, including more than 32 million records of U.S. users, 11 million records of U.K. users and 6 million records of Indian users. The data includes users’ phone numbers, Facebook IDs, full names, locations, dates of birth, bios, and some users’ email addresses. The media verified the authenticity of this information through a random sample. Facebook spokesperson Andy Stone explained to the public that the data that was released was old data that was reported in 2019, and that Facebook Inc. discovered and has fixed the breach that led to the data breach in August 2019.

But what’s the point of fixing the vulnerability? A large amount of private personal information was already in the hands of bad actors who could trade the data on the black market at will, and Facebook did not actively control the spread of the leaked data. Why didn’t they notify the users whose information was leaked in the first place, why didn’t they buy out the data in the first place, and would Facebook compensate them if the information was used by hackers and cyber criminals for identity theft and fraud and other illegal acts?

In fact, Facebook’s problems go far beyond this. Back in September 2015, the British consulting firm Cambridge Analytica obtained 87 million personal Facebook user profiles without Facebook users’ consent through a Facebook app called “This is Your Digital Life,” and the main use of the data was for political advertising. Cambridge Analytica directly interfered with the fairness of the 2016 presidential election by analyzing this data for the 2016 presidential election campaign. The Federal Trade Commission fined Facebook $5 billion in 2019, an amount that’s just too low! For a trillion-dollar company that leaked the data of 500 million people to pay a fine of only $5 billion, which is equivalent to each person’s private information worth only $10, which in the eyes of businessmen may not be a very good deal.

Facebook is the Internet social media field deservedly giant, no one application can compete with it, based on this, he can dispose of the company’s business and user data at will, the government and the public do not have the courage to say “no” to it. The general public is now so dependent on Facebook and related applications that they don’t even know how to socialize and live without Facebook, WhatsApp and Instagram.

However, we must recognize that Facebook, the Internet giant, has brought great uncertainty and risk to the protection of people’s privacy all over the world while its business is expanding rapidly, because it is like replacing the walls of a room with transparent glass for us, making people feel that we are not surfing on the Internet, but running naked on the Internet, while Facebook only cares about making money. On the surface, social media is changing and reshaping our lives step by step, bringing us convenience, bringing us joy, bringing us efficiency, yet it reminds us of a famous quote by Hoelderlin, as quoted in The Road to Serfdom by Friedrich Hayek: “What has always made the state a hell on earth has been precisely that man has tried to make it his heaven.”

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Rat Corpse Discovered at the Resident’s Property by Abal Environmental Services Ltd Operative

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2 hours ago

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March 31, 2025

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Errol Baptiste the Northolt resident being visited by Abal Environmental Services Ltd Operative on February 19, 2025, also found evidence of rat corpse decomposing inside the property for 32 months since June 15, 2022, which explained the rancid odour. Rats has been accessing via hole in front way of the resident’s property and then accessing loft space via pipework in proximinty.

Access holes into the property have been blocked up with wire silicon solution and wire after more than 32 months which was reported to Ealing Council by Errol Baptiste the resident and his representative on June 15, 2022, on the rodent infestation. Ealing Council inadvertently failed by ignoring Mr Baptiste’s complaint on the rodent’s issue which was first reported to the Council confirmed evidence from Abel Environmental Services Ltd discovered a corpse of the dead rat on February 19, 2025.

Ealing Council ignored Errol Baptiste’s complaints for 32 months since June 15, 2022, about the rat infestation and he was abused by the Council which they never considered Mr Baptiste’s vulnerabilities on the comorbid and complex ill-health related to the resident’s disabilities breached the Data Protection Act 2018, Section 45, Section 94, and GDPR 2018, Article 15. Ealing Council inadvertently failed to do anything on the Rat Infestation until February 19, 2025, after 32 months delay never took Errol Baptiste’s complaints seriously and were very dismissive that was reported on June 15, 2022, breached the Prevention of Damage by Pests Act 1949.

https://www.ealingtoday.co.uk>page=ldrshousing016

https://harrowonline.org/2025/03/09/northolt-resident-says-council-don’t…

Video : https://www.youtube.com/watch?v=N2UCd-_fMG4

Media Contact: 

Northolt/Ealing
Middlesex
United Kingdom
07598782045
errolbaptiste1@gmail.com
www.youtube.com/@errolbaptiste

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Choose YESMiner and move towards a future of daily stable income

Published

6 hours ago

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March 31, 2025

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YESMiner, a highly-watched blockchain mining platform, provides users with a low-cost entry point to Bitcoin mining. This move aims to lower the threshold for traditional mining and enable more users to participate in the digital currency ecosystem and benefit from it.

It is reported that one of YESMiner’s core services is cloud mining solutions. As a model that does not require users to directly purchase and maintain mining equipment, cloud mining has been favored by more and more investors in recent years. YESMiner predicts that by 2025, cloud mining will usher in rapid development and its market potential will be further released globally. The company said that it will provide users with a more efficient and sustainable mining experience through technical optimization and cost control.

In addition, YESMiner’s positioning in the blockchain economy has also attracted much attention. As a platform dedicated to promoting the popularization of blockchain technology, YESMiner is not only actively involved in the field of Bitcoin mining, but also exploring how to provide support for a wider range of blockchain application scenarios. This diversified development strategy helps to consolidate its competitive advantage in the industry.

It is worth mentioning that the YESMiner platform is strictly regulated by the UK Financial Conduct Authority (FCA). This compliance measure provides users with greater security and trust, and also reflects YESMiner’s commitment to industry standards and transparent operations.

Earn Profits with YESMiner Cloud Mining

1: Register now to get a $100 bonus ($1 for daily check-ins).

2: Choose a contract: After successfully registering, the next step is to choose a mining contract that suits your goals and budget. YESMiner offers a variety of contracts to meet different needs, whether you are a beginner or an experienced miner.

Choose the contract that suits your investment strategy:

 

3: Start making a profit: After selecting and activating a mining contract, you can sit back and let the system do the work for you. YESMiner’s advanced technology ensures that your mining operations run efficiently, thereby maximizing your potential earnings.

In the face of rapid changes in blockchain technology and the digital currency market, YESMiner said it will continue to uphold the concept of innovation and responsibility, provide users with high-quality services, and promote the healthy development of the entire industry.

About YESMiner:

YESMiner is an innovative company focusing on Bitcoin mining and blockchain technology applications, and is committed to providing users with efficient, secure, and low-cost digital asset management services. Through technological innovation and compliant operations, YESMiner has become one of the most trusted platforms in the industry.

Company name: YESMiner

Company website: https://yesminer.com/

Company email: cooperate@yes-miner.com

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Press Release

Vtrading Releases Trading Ecosystem Whitepaper: Redefining the Cognitive Revolution of Wealth in the Digital Era

Published

7 hours ago

on

March 31, 2025

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Amid a global cryptocurrency market with a daily trading volume exceeding $50 billion, 82% of retail investors continue to struggle with persistent losses. This structural contradiction has become the key entry point for the next-generation trading platform Vtrading to disrupt the status quo. Recently, Vtrading officially released its Trading Ecosystem Whitepaper, unveiling the world’s first “Cognition-Decision-Execution” tripartite trading operating system. The platform aims to redefine wealth creation paradigms in the digital age through technological innovation.

I. Scientific Revolution in Trading Paradigms: From Empiricism to Cognitive Industrialization

Traditional trading markets suffer from systemic cognitive gaps. CoinMarketCap data reveals that 73% of users mechanically apply RSI indicators without understanding their mathematical essence, while 97% of investors fail to distinguish between market beta returns and personal alpha returns. This cognitive divide directly triggers behavioral biases: during the 2023 Pepe coin surge, 63% of retail buy orders clustered within 1 hour of price peaks, only 11% set stop-loss instructions, and average holding periods lasted just 27 minutes—far below institutional averages of 83 hours.

Vtrading champions the core philosophy that “cognition is capital,” breaking down trading competence into a quantifiable, trainable industrial system. Its AI architecture integrates three engines:

– Intelligent Strategy Generator: Combines natural language interaction and genetic algorithms, enabling users to generate code frameworks via inputs like “BTC intraday volatility strategy, max drawdown 3%.”

– Decision Enhancement Network: Deploys a millisecond-response Trading Sentinel system, monitoring 100+ candlestick patterns and 60+ technical indicators across timeframes.

– Cognitive Evolution Workshop: Dynamically integrates 1,200+ trading concepts via knowledge graphs, with a 21-day cognitive restructuring program that boosted trainees’ average returns by 220%.

Early results are striking: users leveraging smart alerts saw trade opportunity capture rates rise by 73%, holding periods extend from 6.2 to 38.7 hours, and risk-adjusted returns reverse from -12.3% to +9.8%.

II. Building an Assembly Line for Cognitive Evolution

Vtrading’s product matrix targets three pain points in traditional trading ecosystems:

1.Cognitive Infrastructure Layer (VTrading Academy)

– Dynamic Knowledge Graph: Links candlestick patterns, technical indicators, and on-chain data, unlocking tool access as users master concepts like RSI.

– Live Simulation Sandbox: Tests strategies against historical data and stress models.

– Competency Assessment Model: Generates a Cognitive Index (formula: 0.4test scores + 0.6strategy returns).

2.Decision Enhancement Layer (Intelligent Trading Sentinel)

– Multi-Dimensional Signal Engine: Monitors 1-minute signals and 4-hour trends, triggering app/SMS alerts for critical events.

– Scenario-Based Strategy Templates: Prebuilt setups like “Meme Coin Sniper (500% social media spike + on-chain whale activity).”

– AI Alert Network: Detects anomalous trades with 95% interception accuracy.

3.Value Closure Layer (AI Strategy Workshop)

– Natural Language Programming: Converts strategy descriptions into executable code.

– Personalized Parameter Tuning: Dynamically optimizes indicators (e.g., adjusting RSI periods from 12 to 9 days for aggressive users).

– Strategy Monetization: Top strategies earn 39.7% average annual returns in copy-trading ecosystems.

III. World-Class Security Architecture

Vtrading safeguards both assets and cognition:

– Asset Security Triad:

MPC-TSS 2.0 protocol uses (3,5) threshold signatures, with private key shards stored across 5 geonodes (cracking cost >$1 billion).

Real-time risk control (e.g., AnomalyDetector class in code) blocks suspicious transactions with <0.3% false positives.

Daily Merkle Tree reserves with zk-SNARKs verification.

– Cognitive Security:

GAN-simulated 2008/2018-level crashes eliminate 89% of overfitted strategies.

Credibility models filter 92% of fake news across 50+ sources.

Bias correction systems halt “double-down” behaviors via risk circuit-breakers.

IV. Pioneering Web3 Collaboration Networks

Vtrading’s three-dimensional ecosystem includes:

– Developer Ecosystem: Open SDKs (backtesting frameworks), Data Lake APIs (10TB+ on-chain data), and Oracle networks (30+ data feeds), rewarding contributors via token incentives.

– Institutional Collaboration: Federated learning for private data sharing, cross-chain atomic settlement protocols (with MIT) reducing清算 latency to milliseconds.

– Community Governance: Token holders vote on 70% of product updates. An on-chain reputation system quantifies trading skills and contributions as NFT credentials, granting access to metaverse terminals.

V. Vision: Defining a New Trading Civilization

By 2030, Vtrading aims to:

– Establish global competency standards (L1-L4 certification).

– Launch next-gen OS integrating AI, cross-chain protocols, and metaverse terminals.

– Reduce irrational trading losses by $21 billion annually and nurture 380,000 digital nomad developers.

Early network effects are evident: users completing the 21-day program reduced trading frequency by 54% but improved risk-reward ratios by 220%. A viral referral model (R(inviter)=Σ(1/2^(k-1)*BaseReward) and 120,000+ NFT credentials underscore rapid adoption.

In this cognitive revolution, Vtrading poses a fundamental question: As trading competence becomes a core digital-age literacy, do we need a holistic upgrade—from tools to mental models? Let’s find out at Vtrading.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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