Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket – Bitcoin News

While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the term “bitcoin” have slid 72% since it scored the highest score of 100 last May to today’s score of 28. Worldwide Search Queries for ‘Bitcoin,’ ‘Ethereum,’ and ‘Cryptocurrency’ Continue to Slide Interest in bitcoin, NFTs,…

Filecoin launch hits turbulence. AP will put election data on blockchain.

In this issue Filecoin’s mainnet launch marred by miners’ complaints Associated Press joins Everipedia to publish US elections data on blockchain USDC adds Stellar blockchain as another alternative to congested Ethereum In China: OKEx under police investigation and suspends exchange services Funding spotlight: Investors bet $100 million on ‘neobank’ in India From the Editor’s Desk Dear Reader, Blockchain’s moment is coming.  In one of the most closely watched elections of our time, the Associated Press, the 174-year-old consortium of U.S. publishers, broadcasters and news agencies, will be recording the results…

This blockchain only needs 22Kb of data to be verified

Mina aspires to be the world’s tiniest blockchain, with claims that its protocol maintains a constant size of around 22 KBs. This is ostensibly achieved by using recursive zk-SNARKs — the same technology that is used by the privacy-centric cryptocurrency, Zcash (ZEC). However, whereas the latter utilizes this technology to provide greater privacy to its users, the former employs it for scalability.  A zk-SNARK, which stands for zero-knowledge succinct non-interactive argument of knowledge, allows a party to prove that they have possession of certain information without revealing what that information is. It is…

Blockchain health apps privatize COVID-19 data but security is a concern

New procedures are being implemented as the world slowly begins to reopen amid the ongoing COVID-19 pandemic. While temperature checks and mandatory face masks have become the new normal, the world is also witnessing the rise of digital health apps, or “health passports.”  Many of these applications serve as a solution to trace individuals’ whereabouts or to store COVID-19 test results, which can then be presented to officials during travel or gatherings to show proof-of-health. While innovative, privacy and regulatory concerns have been expressed with digital solutions designed to trace…

Digital Assets Data CEO says mainstream finance still doesn’t trust Bitcoin

Following the news of Fidelity Investments’ Bitcoin (BTC) fund filing, Mike Alfred, CEO of analytics outfit Digital Assets Data, described continued hesitancy in mainstream finance when it comes to Bitcoin.  “Many in the traditional financial services/asset management/wealth management verticals remain deeply skeptical of Bitcoin and the ecosystem,” Alfred told Cointelegraph on Sept. 10. “One commenter on my LinkedIn yesterday even called Fidelity’s move ‘Abby’s folly,’” he said, which takes a shot at Fidelity CEO Abigail Johnson in reference to her activities and position as an early Bitcoin adopter.  A mainstream…

US federal court calls NSA’s mass phone data collection illegal

In the final decision on a criminal case that began a decade ago, an appellate court has said that the National Security Agency’s phone data collection practices were in fact illegal. They did, however, uphold the convictions in the case. According to the 9th Circuit Court’s Sept. 2 opinion in USA v. Moalin: We conclude that the government may have violated the Fourth Amendment and did violate the Foreign Intelligence Surveillance Act (“FISA”) when it collected the telephony metadata of millions of Americans. The court continued to attack the program,…

Band Protocol CEO says that a single Chainlink data request costs $450

Band is one of Chianlink’s main competitors in the oracle space that is based on Cosmos technology. In a recent Cointelegraph interview, Soravis Srinawakoon, the CEO of Band Protocol, said: “If you look at Chainlink, one data request right now can take almost $450 because someone needs to submit the request data to ask for the data. Let’s say 20 data providers need to receive that, respond to that with 20 transactions, and then the aggregation contract to do all the computation before returning the final result, all of these…

Bitcoin Will Replace Gold, Crypto Data Analytics Company CEO Says

As the world turns more digital, crypto’s pioneer asset Bitcoin (BTC) could take on gold’s store of value role, according to the CEO and co-founder of Digital Assets Data, an analytics firm.    “I see Bitcoin replacing gold as the hardest money for savers with long time horizons,” CEO Mike Alfred told Cointelegraph. “Young people are far more interested in Bitcoin in a world where the economy becomes increasingly online and virtual,” he added. Bitcoin has gained significant status since inception Since its launch over a decade ago, Bitcoin has…

Blog: Data Protection law does not prevent information sharing to save lives and stop crime

12 April 2019 Steve Wood reminds public and private organisations that new data protection legislation does not stop them from disclosing personal data to assist police forces or other law enforcement authorities. It’s nearly eleven months since the UK’s new data protection legislation came into effect, giving organisations more responsibilities and giving citizens strengthened rights. In terms of data sharing the message is also one of continuity as the core considerations that existed under the previous legislation remain the same.  We are aware that sometimes, organisations are hesitant to share…