Technologist: Decentralized Data Crowdsourcing Is Key to Countering Big Tech’s Dominance

A tech CEO proposes “democratizing” AI by using decentralized data crowdsourcing. Decentralized Data Crowdsourcing: A Path to Bias-Free AI Technologist and CEO of Synesis One, Isaac Bang, warns against the “extremely dangerous” scenario of a few tech giants hoarding data and leading the artificial intelligence (AI) race. He argues for the “democratization” of AI power, […] Source CryptoX Portal

Data protection is not an excuse when tackling scams and fraud

We are calling on organisations to share personal information responsibly to protect their customers from scams and fraud. Fraud is the most frequently experienced crime in the UK, accounting for 39% of all reported crime in England and Wales. 1 We’re warning that reluctance from organisations to share personal information to tackle scams and fraud can lead to serious emotional and financial harm. Data protection law does not prevent organisations from sharing personal information, if they do so in a responsible, fair and proportionate way. This International Fraud Awareness Week,…

The Subtle Way AI Data Centers Boost Bitcoin Mining Economics

“I don’t think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network is a self-correcting mechanism, so reduced hashrate in one country will simply increase profitability of miners in another country, giving them more room to grow.” “My thesis is that the U.S. will have less than 20% of the hashrate by 2030 due to competition from AI facilities, while hashrate will grow elsewhere, particularly in Africa and Southeast Asia,” Mellerud added. Source

Project Liberty Joins SOAR to Challenge Centralized Social Media Giants With AI, Decentralized Data

Since establishing the Frequency blockchain, Project Liberty has recruited 1.3 million users. SOAR’s Family and Citizens will bring tens of millions more in the future, as people look for alternatives to existing all-powerful social media platforms, said Tomicah Tillemann, Project Liberty’s president. As well as bringing decentralization it’s a chance “to do AI right,” he said. Source

On-Chain Data Unveils Key Holder Cohort Behind Breakout

Este artículo también está disponible en español. Recent market dynamics have seen the XRP price surging past the psychological $1 mark for the first time since 2021. This marked a significant milestone for the XRP price, which has spent the majority of the last three years trading below $0.6.  Related Reading The rally, driven by key market dynamics and specific holder activity, highlights the role of strategic accumulation by large stakeholders. Particularly, on-chain data shows an intriguing trend among whales, sharks, and retail wallets. XRP Price Breakout To $1.26: Whale…

BTC whale awakes after 13 years; onchain data sheds light

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto presales like Propichain gain traction as BTC hits new highs, with a $3.67M whale possibly joining the presale. Crypto presale coins like Propichain (PCHAIN) are at the top of current market news as BTC’s new all-time high has boosted investor interest.  A dormant BTC whale has shaken the market with a $3.67 million coin transfer. Yet, analysts say this whale might be headed to Propichain’s crypto presale. Read on…

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…

Trump-Supported World Liberty Financial (WLFI) Taps Chainlink Data Services as DeFi Platform Takes Shape

World Liberty Financial is spearheaded by Zachary Folkman and Chase Herro, who worked previously on DeFi platform Dough Finance, which saw $2 million of crypto assets drained through a July exploit. Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the former president being titled as “Chief Crypto Advocate.” for the platform. Two of his sons, Eric Trump and Donald Trump Jr., are involved as “Web3 Ambassadors,” while his other son Barron Trump is listed as “DeFi Visionary.” Source

Bitcoin Expected To Hit $100,000 Before 2025, According To Kalshi Data

Este artículo también está disponible en español. Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024.  According to recent data from the event contract market, 60% of users believe Bitcoin will hit this milestone before January, while 45% are betting it could achieve this level as early as November. Analyst Predicts Six-Figure Bitcoin Prices By Year-End Kalshi, which launched in 2021, allows users to…

Chainlink Whales Waking Up – Data Shows Signs Of Accumulation

Este artículo también está disponible en español. Chainlink (LINK) has seen a whirlwind of price activity, surging 50% before experiencing a sharp 15% retracement within 10 days. This volatility showcases the potential and unpredictability surrounding LINK’s recent price action, drawing attention from analysts and investors alike.  According to crypto analyst Ali Martinez, there’s a notable trend unfolding beneath the surface: Chainlink whales have been steadily accumulating LINK over the past two months. This accumulation by large holders suggests a growing conviction in LINK’s long-term value, reinforcing a bullish outlook for…