Category: ICO

Using Privacy Enhancing Technologies (PETs) to unlock value from data responsibly

Authors: Paul Comerford, Principal Technology Adviser at the ICO Sue Anie, Policy Advisor at the RTA Ben Moore, Senior Policy Advisor at the RTA On Thursday 7 November, DSIT’s Responsible Technology Adoption (RTA) Unit and the Information Commissioner’s Office (ICO) published the Privacy Enhancing Technologies (PETs) Cost-Benefit Awareness Tool. This resource is designed to help organisations understand and assess the costs and benefits associated with adopting a variety of PETs. Alongside this resource, we have also published a checklist to support organisations ensure they have considered these factors. The tool…

Joint statement from the FCA, ICO and TPR for retail investment firms and pension providers

Retail customers and pension scheme members should receive the information they need, at the right time, and in a way they can understand, while respecting their direct marketing preferences. This is crucial for creating an environment where customers can trust the information they receive, helping them to make informed decisions and pursue their financial goals. We have heard from retail investment firms and pension providers that they would benefit from further regulatory clarity about how The Pension Regulator’s (TPR) Code of Practice and guidance on communications requirements and the Financial…

Bitfinex Hacker Ilya Lichtenstein, Razzlekhan’s Husband, Gets Five Years in Prison

But despite their complexity, former founder and leader of cybercrime cartel Shadow Crew, Brett Johnson told CoinDesk last year that some of Lichtenstein’s laundering methods, such as using Coinbase accounts directly connected to him, “did not make sense” and suggested a lack of experience. “Ilya is a f***ing idiot. If you look at the way he was trying to launder money, he was doing absolutely everything wrong,” Johnson said at the time. Source

Donald Trump Names Former SEC Chair Clayton to DOJ Office, the Same Office That Prosecuted Sam Bankman-Fried

In the week since his reelection, the former and now future president has named a number of individuals he intends to nominate to cabinet and other positions, including Robert F. Kennedy Jr. to the Department of Health and Human Services, Representative Matt Gaetz to be the U.S. Attorney General, Senator Marco Rubio to be Secretary of State and former Representative Tulsi Gabbard to be the Director of National Intelligence. Source

Crypto Enforcement Shackles May Take Time to Resolve

While an incoming chairman appointed by Trump, a recent crypto convert, could effectively clear the decks of future enforcement actions, dealing with the many cases already being litigated is a stickier prospect. Turning the SEC ship could take several months into 2025 — maybe longer. And even then, the lawyers say, dramatic case dismissals might not even happen. Source

MicroStrategy’s (MSTR) Michael Saylor Touts Positives of BTC Reserve

The idea of the U.S. buying strategic assets isn’t new, reminded Saylor, pointing to the acquisition of Manhattan, the Louisiana Purchase and the buying of California and Alaska in the 19th century. All resulted in multi-trillion dollar returns for the county, he said. There have also been several other strategic purchases made in the history of the nation like gold, oil, grain and helium, noted Saylor. Source

Bitcoin Price (BTC) Falls Following Jerome Powell Comments

The price of bitcoin (BTC) fell about 1.5% to $88,300 in the minutes following Powell’s comments. The price at press time had dipped a bit further to $88,000, down 3.2% over the past 24 hours. Ether (ETH) is down by a similar amount. The broader CoinDesk 20 Index, however, is up 0.5% over the same time frame. It’s being led by a 13% advance for Ripple’s (XRP), perhaps cheered by remarks from Securities and Exchange Commission Chair Gary Gensler which could be interpreted as his planning to quietly exit his…

Ex-Valkyrie CEO Leah Wald’s Investment Firm Buys Four Validators, Including Solana (SOL) Network’s, for Nearly $18M

The Toronto-based firm, formerly known as Cypherpunk Holdings, will buy the validators from Cogent Crypto, a high-performance validator operating within the Solana ecosystem, according to a statement on Thursday. The total value of the investment is nearly $18 million, broken into three tranches: $1 million cash and about $1 million in company shares at the closing of the deal, and the rest distributed over three years in shares, Sol Strategies said. Source