Tag: Data

Crypto Data Company Flare Partners Avascan to Launch New Blockchain Explorer

For developers looking to integrate blockchain data into their applications, Flarescan will also offer a developer API, simplifying the process of harnessing blockchain insights. Blockchain for data company Flare has partnered with the Avascan Block Explorer team to launch Flarescan, a comprehensive web explorer explicitly designed for the Flare ecosystem. In a press release shared with Coinspeaker on October 4, the company said the new block explorer is designed with a keen focus on detail and user-friendliness, incorporating all the impressive features of Avascan. Flarescan Scheduled for Launch on October…

Central Bank Group to Launch Data Platform ‘Project Atlas’ for Tracking Crypto Transfers

BIS continues to warn that crypto data can be “manipulated or distorted”. The Bank for International Settlements (BIS) has unveiled a new platform it calls “Project Atlas”. According to the Wednesday announcement, the decentralized finance data platform will play an important role in the future regulation of crypto market participants. In a joint report with the Dutch and German central banks, BIS confirms that Project Atlas, which is merely a proof-of-concept for now, has been used to track significant off-chain international flows between crypto exchanges. Speaking about the project, the…

BIS, EU central banks building data platform to track crypto, DeFi flows

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The Bank of International Settlements (BIS) has developed a proof of concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains including Bitcoin. Working with the Deutsche Bundesbank, De Nederlandsche Bank, European Central Bank and the Bank of France, BIS has announced a successful PoC called Project Atlas that aims to gauge the macroeconomic relevance of cryptocurrency markets and decentralized finance (DeFi) protocols. The BIS Innovation Hub published details of the concept which aims to provide insights, information and economic implications of the sector,…

BIS Unveils Project Atlas, a Data Platform Mapping Crypto Transfers

“Though relatively small compared with total on-chain network traffic, identified flows between crypto exchanges are significant and substantial economically,” said the study, which initially looked at transactions on the Bitcoin network. “The output of Project Atlas could serve as a starting point for preliminary assessments and inform the drafting of data reporting requirements and regulation of crypto market actors.” Source

XRP Price Historical Data Suggests Substantial Q4 Rally Possible

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XRP price might have struggled to leave the $0.50 range over the last several months, even despite a victory in Ripple’s case with the SEC.  But all that could change in Q4 2023, as the fourth quarter of the year is historically the most bullish for the altcoin.  With this in mind, let’s dig into the data and see how Q4 stacks up against the historical performance of other quarters of the year. Plus, we’ll pin-point precisely which month is by far the most bullish of them all.  Q4 Performance…

Researchers find LLMs like ChatGPT output sensitive data even after it’s been ‘deleted’

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A trio of scientists from the University of North Carolina, Chapel Hill recently published preprint artificial intelligence (AI) research showcasing how difficult it is to remove sensitive data from large language models (LLMs) such as OpenAI’s ChatGPT and Google’s Bard.  According to the researchers’ paper, the task of “deleting” information from LLMs is possible, but it’s just as difficult to verify the information has been removed as it is to actually remove it. The reason for this has to do with how LLMs are engineered and trained. The models are…

Chainlink Unveils ‘Data Streams’ to Reduce Latency, Expands Decentralized Computing

“With all these new updates, we are creating a standard for how all developers can connect heterogenous Web3 components with any existing system they can think about, move data and value seamlessly across multiple chain ecosystem, and create new verifiable applications,” Kemal El Moujahid, chief product officer at Chainlink Labs, said in a statement provided by a spokesperson. Chainlink Labs is the primary developer contributing to Chainlink. Source

EUR/USD Pair Loses Momentum as Stronger Dollar and Economic Data Weigh In

The US Census Bureau reported that Durable Goods Orders in August improved by 0.2% month-on-month (m/m) following a 5.6% decline in the previous reading. The EUR/USD currency pair, one of the important barometers of global economic sentiment, found itself under pressure during the early Asian session earlier today, struggling around the 1.0500 mark. EUR/USD Pair A recent report from Fxstreets highlighted that one of the major drivers behind the weakening of the EUR/USD pair is the relentless strength of the US Dollar. The US Dollar Index (DXY), which measures the…

Data breaches put domestic abuse victims’ lives at risk, UK Information Commissioner warns

Warning comes after the ICO reprimands seven organisations in the past 14 months for data breaches affecting victims of domestic abuse. Most cases related to organisations inappropriately disclosing the victim’s home address to alleged perpetrators. Commissioner urges organisations to take responsibility for training their staff and putting appropriate systems in place to avoid such incidents. The action is supported by organisations including Women’s Aid and the Domestic Abuse Commissioner for England and Wales The UK Information Commissioner has today called on organisations to handle personal information properly to avoid putting…