Ransomware Gang Steals 10TB of Pics and Data From Canon

Multinational corporation Canon reportedly fell victim to a ransomware attack launched by Maze group against its email and storage services and it’s U.S. website on July 30th. Maze has threatened to leak the pics and data if a crypto ransom is not paid. The image.canon site was out for six days during which it showed updates. It went back into service on August 4th. Canon put out a statement that day about the attack saying there had been no leak of image data, nor thumbnails of the photos stored in the…

Bitcoin Futures Data Shows Market Favors Bulls Despite $1.5K Flash Crash

The sudden $1,500 drop in Bitcoin (BTC) price on August 2 caused over $1 billion worth of liquidations on futures contracts and also led to a sharp decline in the price of many top altcoins.  This massive figure represents 18% of the total $5.6 billion open interest and undoubtedly caused the exaggerated move down to $10,560. Interestingly, futures open interest recovered half of this loss in less than 48 hours, and currently sits at $5.2 billion. Meanwhile, derivatives indicators like contango (basis), funding rate, options 25% delta skew, and the…

Russian Voters’ Data on Sale After Blockchain Poll to Keep Putin in Power: Report

Hackers are reportedly selling the personal data of over a million Russians who voted electronically, using blockchain technology, during the recent constitutional amendment process. Over 1.1 million data points were stolen and put on sale for $1.50 each on the online forums, the Russian newspaper Kommersant wrote. The data, consisting exclusively of passport numbers, has little value on its own, the anonymous sellers admitted to Kommersant. But such data can be used for phishing attacks when combined with information from other leaked databases. Moscow’s Department of Information Technologies, which is…

Data Shows Bitcoin, Stablecoin Whales are Making Big Moves into Exchanges

Exchange data from this week shows Bitcoin and stablecoin whales alike are moving huge amounts of their holdings into exchanges – suggesting bigger moves for the crypto market ahead. Bitcoin, Stablecoin Inflows Surge The crypto-bullrun is back, and some say it’s stronger than ever before. While this sentiment remains to be proven, what’s seemingly apparent is that crypto bigshots are plotting a move in the market in the coming weeks. Ki-Young Ju, the CEO of on-chain data and charting firm CryptoQuant, tweeted Friday that BTC whales are sending Bitcoins to…

Blog: ICO launches guidance on AI and data protection

Simon McDougall, Deputy Commissioner – Regulatory Innovation and Technology, discusses the relationship between AI and data protection as the ICO publishes new AI guidance. 30 July 2020 Over the past few years, I have witnessed amazing uses of Artificial Intelligence (AI) in areas such as online retail, banking, and healthcare. The recent pandemic has driven innovation in the use of technology and data but some of the challenges for organisations using AI are constant. For example, Is AI the right technology for the problem? What ethical issues does it create?…

Dubai Debuts Nationwide Data Platform Powered by Blockchain

This platform is set to become a nationwide system for exchanging verified customer data. Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform. 120 local firms already signed up for the platform with Emirates NBD First revealed in February 2020, the new blockchain platform is designed to unlock digital customer onboarding, instant bank account functions, and verified KYC data sharing between licensing authorities and financial institutions. Announcing the news on July 28, the DED and Emirates NBD said…

Mainstream People Coming to Bitcoin, Digital Assets Data CEO Says

Mike Alfred, CEO of analytics firm Digital Assets Data, described increased Bitcoin (BTC) enthusiasm from the public amid flying prices. “We are seeing more signs of increased institutional interest,” Alfred told Cointelegraph of Bitcoin on July 28 — the day after bitcoin rose more than $1,000 in a 24-hour period. Bitcoin broke upward Crypto’s pioneer asset had a standout day on July 27, rising from $9,930 to $11,400 within a single daily price candle, according to TradingView.com data. “Volume was strong on Bakkt and CME yesterday,” Alfred said on July…

This Data Metric Shows Ethereum is at a Make or Break Price Level

Ethereum’s price has been driven higher by a massive influx of buying pressure seen throughout the past several days. The intensity of its uptrend has even been enough to drive Bitcoin’s price higher as well, with the benchmark cryptocurrency flying past its $10,000 resistance level yesterday shortly after Ethereum was able to rally up to $320. The cryptocurrency has since stabilized around this price level as buyers attempt to garner greater support. Analysts are now convinced that further upside is imminent for ETH, as the technical strength created by its…

Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests

The likelihood of bitcoin challenging record highs by the end of the year may have have increased with the cryptocurrency’s violation of major price resistance – but don’t raise your hopes too high just yet. Disclosure: The author holds no cryptocurrency at the time of writing. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original