Day: June 3, 2019

Blog: Counting the cost of accessing environmental information

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3 June 2019 A blog by Gill Bull, Director of Freedom of Information At the beginning of May, Parliament declared a ‘climate change emergency’ and concerns about the environment make news headlines almost every day. So it’s more important than ever that people are able to get the information they need to take part in informed debates. A recent decision taken by the Information Commissioner’s Office (ICO) will now make it easier for people to do so. Alongside the Freedom of Information Act 2000 (FOIA), the ICO also regulates the…

When it comes to explaining AI decisions, context matters

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Alex Hubbard, Senior Policy Officer at the ICO, looks at some of the key themes identified in the ICO and The Alan Turing Institute’s interim report about explanations of AI decisions. Explainability of AI decisions is a key area of the AI auditing framework. This guidance from Project ExplAIn will inform our assessment methodology. If an Artificial Intelligence (AI) system makes a decision about an individual, should that person be given an explanation of how the decision was made? Should they get the same information about a decision regarding criminal…

Bitcoin SV (BSV) Price Spikes Another 19% But Nobody Knows Why

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By CCN: Price of Bitcoin SV (BSV) is climbing higher despite carrying the most unfavourable fundamentals on its shoulders. The BSV-to-dollar exchange rate today rose 19-percent and established a fresh intraday high at $194.90 on Huobi. That took the pair’s net 23-day rise to more than 260-percent, adjusting its year-to-date gains to more than 160-percent on the whole. The past 24 hours alone witnessed BSV posting 11.57-percent gains against the US dollar. At the same time, the digital asset appreciated by more than 13-percent against bitcoin, its main rival, as…

US Regulator CFTC in Talks With Facebook Over Rumored Crypto Plans

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United States regulator the Commodity Futures Trading Commission (CFTC) is in talks with Facebook about its upcoming stablecoin launch, the Financial Times (FT) reported on June 2. Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook is attempting to smooth out the regulatory landscape ahead of the asset, currently dubbed GlobalCoin, allegedly going live next year. “We’re very interested in understanding it better,” the FT quoted Giancarlo as saying, himself adding that at present, no formal request for regulatory clearance had appeared. “We can only act on an application,…

LocalBitcoins Removes Cash-for-Crypto Trading Option

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Helsinki-based peer-to-peer exchange LocalBitcoins has reportedly removed the option allowing users to buy or sell cryptocurrencies in person for cash. In a Reddit post Sunday, a LocalBitcoins user pointed out the option was no longer available on the platform, though some comments suggested the restriction might be limited to the U.S.. The removal of the option – which acts as a matchmaker for users to make trades in person – effectively bars LocalBitcoin users from selling and buying bitcoin for cash. LocalBitcoins has also cancelled pending cash trades, other comments suggest. The…

Crypto Dad Confirms Facebook Talks Over GlobalCoin Digital Currency

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By CCN: Facebook’s plans to launch the GlobalCoin cryptocurrency are moving full-steam ahead. According to the Financial Times, the social media giant has already initiated talks with the Commodity Futures Trading Commission (CFTC). The outgoing chairman of the CFTC, Chris Giancarlo, told the publication that the derivatives regulator and Facebook were in the ‘very early stages of conversations’. Per Giancarlo, this is with a view of understanding whether Global Coin falls under the regulatory purview of the CFTC. However, Facebook has yet to submit a formal application to the body:…

Bitcoin Price Analysis: BTC/USD Price Rallying Towards $9,398

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Photo: Tim Reckmann / Flickr Key Highlights: Bitcoin price moving towards $9,398 level; the Bears’ momentum is lower than that of the Bulls; the price may reach $9,398 level. BTC/USD Medium-term Trend: Bullish Resistance levels: $9,398, $10,168, $10,967Support levels: $8,235, $7,600, $6,856 Bitcoin resumed Bullish movement on the medium-term outlook. After few days of consolidation, the crypto was bearish on May 30 with the formation of bearish engulfing candle that emerged, another strong bearish candle formed that pushed the coin below the $8,235 level. The bulls rejected the price declination…

Bitcoin, Ether, and XRP Weekly Market Update June 3, 2019

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The total crypto market cap is $6.4 billion up for the seven-day period and now stands at $276.6 billion. The top ten currencies are mostly in green for the same period with Binance Coin (BNB) being the only exception. Bitcoin SV (BSV) registered another good week by adding 106 percent to its value. At the time of writing bitcoin (BTC) is trading at $8,689 while ether (ETH) stands at $268. Ripple’s XRP is at $0.455. BTC/USD Bitcoin was once again leading cryptocurrencies to a brighter future with solid gains. The digital asset created by Satoshi Nakamoto registered…

Community Funding and Bringing Smart Contracts to BCH in the Weekly Update From Bitcoin.com

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The Bitcoin Cash community is working to raise funding for developers and a new programming language is bringing smart contract functionality to BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: How to Check Bitcoin Cash Transactions With a Block Explorer Bitcoin Cash Developers Talk Programmable Money in Bitcoin.com’s Weekly Video Update This week’s show focuses on the development of Cashscript, a high-level software language allowing for unique decision-based transactions on Bitcoin Cash. Among other issues, the main creator of this…

OKEx Subsidiary OKLink to Launch USD-Pegged Stablecoin USDK

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Global settlement firm OKLink, a subsidiary of major cryptocurrency exchange OKEx, will launch its stablecoin today, June 3, an OKEx representative told Cointelegraph. In an email sent to Cointelegraph, the OKEx rep specified that the stablecoin — dubbed USDK — will be launched today in partnership with United States-based custodian Prime Trust. On June 2, OKLink posted scans of the agreement between OKLink and Prime Trust on Twitter. At the end of last month, Star Xu — founder of exchange services provider OKCoin and OKEx — announced OK Group’s partnership…