Tag: Data

​​OpenAI gets warning from Japanese regulators on data collecting

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Officials in Japan are beginning to tighten their stance toward artificial intelligence (AI) after the country’s local privacy watchdog warned ChatGPT’s parent company about its data collection methods.  On June 2, Japan’s Personal Information Protection Commission issued a statement asking OpenAI to minimize the sensitive data it collects for machine learning purposes. Additionally, it stresses not to do so without people’s permission.  The commission also highlighted the need to balance its privacy concerns with allowing room to foster innovation and the potential benefits of AI.  However, it did warn that…

How to access Bitcoin network data without advanced IT skills

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The Bitcoin network is home to a variety of data that can offer investors, academics and fans useful insights. However, those without significant IT abilities might find it difficult to obtain this data. The good news is that anyone may explore Bitcoin network data without having substantial technical knowledge thanks to the user-friendly tools, platforms and techniques that are readily available. This article will walk you through how to access Bitcoin network data through various mediums. Related: Top 5 Bitcoin documentaries to add to your watchlist Bitcoin Core The original software…

Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength

As the summer season arrives, an unexpected heatwave is gripping financial markets This heat is coming in the form of the US Dollar (DXY) which has been on a remarkable uptrend since late April, reaching levels unseen since early March’s banking crisis when the dollar wrecking ball wreaked havoc on asset prices. This surge in the dollar has raised concerns among market participants due to its high inverse relationship with Bitcoin (BTC), a topic many macro and crypto analysts have discussed repeatedly in 2023. The implications of this inverse correlation…

Data suggests bull run for bitcoin despite the price decline

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has been moving in uncertainties as the exchange reserves started declining in the first week of May. New data, however, suggests that a bull run might be on the way for the digital gold. According to data from the on-chain analysis platform CryptoQuant, the value of exchange reserves in bitcoin has fallen by roughly $7 billion over the past month. “At least the amount of Bitcoin circulating on exchanges has decreased in the past…

Researchers propose new scheme to help courts test deanonymized blockchain data

A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and courts can use to determine the validity of deanonymized data on the Bitcoin (BTC) blockchain. The team’s preprint paper, “Argumentation Schemes for Blockchain Deanonymization,” lays out a blueprint for conducting, verifying and presenting investigations into crimes involving cryptocurrency transactions. While the paper focuses on the German and United States legal systems, the authors state that the findings should be generally applicable.  Bitcoin-related crime investigations revolve around the deanonymization of suspected criminals, a process made more challenging…

Bitcoin on-chain and options data hint at a decisive move in BTC price

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Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June. The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin’s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of the yearly averages across Bitcoin’s history, with values usually above 4%. According to Glassnode, the expectation of volatility is a “logical conclusion” based on the fact that low volatility levels were only seen for 19.3%…

Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets

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BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin shrugs off new U.S. inflation woes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $27,000 on Bitstamp. The pair rose unexpectedly after the day’s Personal Consumption Expenditures (PCE) data showed its first rises since October 2022. Such a reading should present a headwind for risk assets, including crypto, as it implies that inflation remains persistent and that more financial tightening may be required to tame it. “This is a major setback to the Fed’s fight against inflation,” financial commentary…

John Edwards, Information Commissioner, delivers a keynote speech at the Data and the Future of Financial Services Summit

Hello, thanks for having me here today. This event is one that the Information Commissioner’s Office has spoken at for a few years now. I spoke here last year, six months into my post, which was a great opportunity for me to get across some of my early thinking on our regulatory position. This year, I’d like to focus on the ICO’s regulatory philosophy and how we’re both empowering businesses in the finance sector and protecting the millions of consumers that rely on these services. To start, thanks to City…

Bitcoin Miner Upstream Data Sues Crusoe Energy

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Crypto miners like these two work on oil and natural gas wells where excess gas is released, or flared into the atmosphere, adding carbon dioxide equivalents, particularly methane. The miners instead set up power generators that burn that excess gas, extracting energy and using it to power bitcoin mining rigs. Original