Month: March 2024

ICO reprimands London Mayor’s Office for Policing and Crime for complaint web form error

Web form to complain about the Metropolitan Police Service accidentally revealed victims’ data 394 people notified of potential personal data breaches Data breach “a completely avoidable error that has the potential to jeopardise public confidence in the criminal justice system” – ICO The London Mayor’s Office has today been reprimanded by the Information Commissioner’s Office (ICO) for a web glitch that potentially revealed the personal information of people who were complaining about the Metropolitan Police Service. The London Mayor’s Office for Policing and Crime (MOPAC), which is responsible for oversight…

Ethereum Just Implemented ‘Proto-Danksharding.’ What Comes Next?

“While L2s are supposed to service the base layer, their proliferation may compete with the base layer for resources such as fees, developers, and liquidity,” said Rines. “If the bulk of transactions take place on L2s, the economic incentives upholding the L1 may be diluted as validators’ fees evaporate. Furthermore, reliance on L2s could also fracture activity, weakening the cohesion and interoperability of the Ethereum ecosystem.” Source

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […] Source CryptoX Portal

Remarkable 75% Growth Sparks Crypto Frenzy

Cryptocurrency analysts are abuzz with chatter surrounding NEAR Protocol (NEAR) as the token experiences a meteoric rise in value. The past month has been nothing short of phenomenal for NEAR, with its price leaping by an impressive 130%. Will NEAR Hit $8? This surge, which translates to an impressive $7.91 per token at the time of writing, has not gone unnoticed, igniting a firestorm of interest and speculation within the investment community. But is this a genuine upswing or simply a fleeting fad? Source: CoinMarketCap Breaking A Downtrend Or Chasing…

Swell Unveils Layer-2 Ethereum Restaking Rollup With $1B Total Value Locked

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin (BTC) Wallets from Block (SQ) Begin Shipping

The app and hardware device are two of the three keys used to secure a user’s bitcoin, with the third stored on Bitkey’s servers. Should customers lose their both their phone and the device, they can recover their funds using the “Trusted Contacts” tool, which relies on people known to the user to verify their recovery request. Source

Blast Blockchain Locks Up Amid Ethereum’s Dencun Upgrade

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…