BasedApp breach ties names to wallets, fueling the fight over HMRC's new crypto powers

Crypto Insight Summary: BasedApp said on Thursday that an intruder reached its internal systems and exposed the house and wallet addresses of its customers. HMRC recently proposed a change to an existing law that would give it more access to customer data. This breach is an example of what critics say that change would make more common across... Crypto Insight Analysis: Direction: Bearish Crypto Market Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Privacy concerns may deter crypto adoption, but market impact is limited.