Day: October 28, 2019

final considerations and next steps

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As the initial Call for Input into the development of the ICO AI Auditing Framework comes to an end, Simon McDougall, Executive Director for Technology and Innovation, reflects on some of the overarching themes that have emerged in the first phase of our work.  This update draws our initial Call for Input on developing the ICO Auditing Framework for AI to a close. Over the last eight months, we have used this blog to share our early thinking on the key data protection risks that we believe AI could generate…

New Bitcoin Stock-to-Flow Chart Shows Bearish Periods Precede Halvings

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Since Bitcoin’s (BTC) creation in 2009, the digital asset has undergone a halving event every four years, cutting the number of coins constantly entering the ecosystem in half, making it a deflationary asset.  Based on its hard-coded scarcity, and in line with its halvings, Bitcoin has risen dramatically in price over the years, giving the asset a high stock-to-flow ratio. When graphically depicted with deviation bands, Bitcoin historically has tested band levels below its median prior to halving years. Crypto analyst PlanB wrote an article in March 2019, applying Bitcoin…

Making your own token with 2key as easy as making scrambled eggs in the morning

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It might sound funny or ridiculous, but in 2019 making your own token campaign is as easy as making your morning scrambled eggs. All thanks to 2key. In this article, I will describe step by step how I was able to make my own tokens with 2key. Let’s start First of all, you need to make an account on 2key platform since you are able to open your browser I believe you have enough skill to make an account there. Step 1 Just select the start campaign button. Step 2…

Bakkt Hit All-Time High Volume as Bitcoin Price Explodes

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Bakkt Physical Bitcoin Futures platform just recently hit a new record while Bitcoin price exploded. Recently Bakkt announced that they had set a new daily record. They traded 1,183 contracts, respectively. One contract equals one Bitcoin, which means that the total volume was around $11 million. Also, this aligned with the recent Bitcoin price surge of 40%. This set people running back to the exchanges to grab a piece of the pie. Also, China news was a big factor in the recent surge in volume and Bitcoin price. China recently…

Xi Blockchain Endorsement Triggered Buying Frenzy in Chinese Cryptocurrencies

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Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and BTC pairs. Chinese President Xi Jinping announced on Thursday that his country should “take the leading position in the emerging field of blockchain,” according to a roughly translated Xinhuanet report. A couple of days after the announcement that…

Bitcoin Pops after Xi Jinping’s Blockchain Endorsement

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China’s President Xi Jinping’s endorsement of the blockchain technology sent bitcoin up by more than 40 percent. The benchmark cryptocurrency established a new session high of $10,540.49 after rising by $3,109 over the weekend. The surplus gains came after a depressive performance last week, wherein bitcoin price shed as much as 17.33 percent, or $1,529.96. However, on Friday, Xinping called blockchain “a core technology” of China’s next-age innovation plans. The premier called for more investments into the nascent sector, a move that speculators treated as bullish for blockchain’s first working…

Bitcoin Pops after Xi Jinping’s Blockchain Endorsement

boss

China’s President Xi Jinping’s endorsement of the blockchain technology sent bitcoin up by more than 40 percent. The benchmark cryptocurrency established a new session high of $10,540.49 after rising by $3,109 over the weekend. The surplus gains came after a depressive performance last week, wherein bitcoin price shed as much as 17.33 percent, or $1,529.96. However, on Friday, Xinping called blockchain “a core technology” of China’s next-age innovation plans. The premier called for more investments into the nascent sector, a move that speculators treated as bullish for blockchain’s first working…

Bitcoin Price Set to Hit $16,000 by the End Of October

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A prediction from January suggests that Bitcoin is set to surge by more than $6,000 in the next three days. Bitcoin isn’t just the first major decentralized cryptocurrency but also the most popular with the largest market cap and price. Bitcoin also has the largest market dominance and is currently at 68%. Most importantly, however, the king coin a few days ago spiked in a very short time jumped from its low and disappointing levels somewhere around $7,500 and kept surging until its current levels above $9,400. With the new…

Blog: Embedding accountability – we want to hear from you

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A blog by Ian Hulme, Director for Regulatory Assurance As a regulator, we can see how the use of personal data has changed over the past few years. There have been innovative technological developments in the public, private and third sector. However, with great innovation comes great responsibility. Organisations must understand the risks they create for individuals when processing their data and mitigate against those risks. Organisations must be able to demonstrate that they handle personal data appropriately and effectively. These actions are all a part of the data protection…

Bitcoin Trading Spikes as Argentina Bans Buying More Than $200 a Month

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Argentina is back on the radar for Bitcoin (BTC) proponents after sudden capital controls cut U.S. dollar purchasing power by 98%. Central bank: $200 limit “temporary” As news outlets reported, including Cointelegraph Brasil on Oct. 28, the country’s central bank has opted to reduce the amount of dollars a saver can purchase each month from $10,000 to just $200.  A drop of 98%, the stringent new rules appeared on Sunday, the day voters elected a new president. The previous $10,000 limit itself came into being as a result of capital…