Tag: Data

Friend.tech denies data breach with API clarification

Friend.tech counters claims of a 100k user data breach, emphasizing data was accessed from their public API, not a security lapse. In a statement on X, Friend.tech clarified that the data was accessed through scraping their public API, not a security breach. The company likened the situation to someone claiming a hack after viewing a public Twitter feed. They emphasized that the accessed data was always publicly available via their API. This is just someone scraping our public API that shows the association between public wallet addresses and public Twitter…

Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means

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After the Bitcoin price crash last week, on-chain data reveals a picture that points to a “top-heavy” price. Glassnode’s latest insights shed light on the current market dynamics, where a significant chunk of the BTC spot supply finds itself with a cost basis either near or surpassing the prevailing price. “Here we see that 12.8% (2.48M BTC) of the supply fell into an unrealized loss this week, setting a lower low on this metric. This suggests that ‘top heaviness’ in spot markets may also be a factor in play,” commented…

Bitcoin price holds $26K as derivatives data hints at end of volatility spike

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In the past few months, Bitcoin traders had grown used to less volatility, but historically, it’s not uncommon for the cryptocurrency to see price swings of 10% in just two or three days. The recent 11.4% correction from $29,340 to $25,980 between Aug. 15 and Aug. 18 took many by surprise and led to the largest liquidation since the FTX collapse in November 2022. But the question remains: Was this correction significant in terms of the market structure? Certain experts point to reduced liquidity as the reason for the recent…

Google responds to accusations of ads tracking data of children

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Google, the parent company of YouTube, responded to a report that suggested YouTube advertisers are sourcing data from children viewing videos on the platform.  On Aug. 18, a day after the report surfaced, Google posted a blog reinstating its “strict privacy standards around made for kids content,” which is content marked on YouTube that is created to be viewed by children. The BigTech giant said it has focused on creating kid-specific products like YouTube Kids and supervised accounts. “We’ve invested a great deal of time and resources to protect kids…

ICO consultation on the draft biometric data guidance

The Information Commissioner’s Office (ICO) is producing guidance on biometric data and biometric technologies. The first phase of this guidance (draft biometric data guidance) is now published for public consultation. The second phase of this guidance (biometric classification and data protection) will include a call for evidence early next year.  The draft biometric data guidance explains how data protection law applies when you use biometric data in biometric recognition systems. The consultation will run from 18 August to 20 October 2023. Source

ICO response to a data breach at Norfolk and Suffolk Constabularies

Norfolk and Suffolk Constabularies have announced a data breach relating to responses for Freedom of Information (FOI) requests for crime statistics, issued between April 2021 and March 2022. Stephen Bonner, Deputy Commissioner at the ICO, said: The potential impact of a breach like this reminds us that data protection is about people. It’s too soon to say what our investigation will find, but this breach – and all breaches – highlights just how important it is to have robust measures in place to protect personal information, especially when that data…

Will Curve DAO (CRV) Recover? Here’s What On-Chain Data Says

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Curve DAO (CRV) has continued to decline recently. Here’s what on-chain data says regarding if a rebound is probable for the coin anytime soon. What Curve DAO Metrics Hint At Regarding Futures Price Action In a new insight post, the on-chain analytics firm Santiment has recently discussed how the underlying metrics related to CRV have looked. The first relevant metric here is the “Supply Distribution,” which tells us the percentage of the Curve DAO supply each investor group holds. In particular, the cohort of interest here holds between 10,000 and…

Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE

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Dogecoin has been one of the cryptocurrencies to watch in the past few weeks. However, the token’s price appears to be slowing down after recording significant bullish momentum. Interestingly, there might be renewed optimism around the DOGE price, as a crypto analyst has offered insight on what to expect from the meme coin in the coming weeks. Dogecoin To Experience A 20% Price Rally?   On Thursday, August 10, crypto analyst Ali Martinez shared data from IntoTheBlock, suggesting that DOGE might witness a positive price movement soon. This suggestion is based…

Argentine agency opens investigation into Worldcoin over biometric data

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Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns. In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage and use of customer data to ensure it complies with security and privacy regulations. Worldcoin (WLD) launched its token project in July with the goal of verifying users through retinal scans, leading to concerns from many regarding privacy. “Citizens have the right, whenever personal data is provided, to have clear and…