Tag: Data

CipherTrace expert says Chainalysis data contributed to ‘wrongful arrest’ of alleged Bitcoin Fog founder

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Jonelle Still, the director of investigations and intelligence at CipherTrace, a Master Card company, recently submitted a report supporting the defense in the United States v. Roman Sterlingov, a criminal case involving the Bitcoin Fog cryptocurrency mixing service.  The company’s involvement in the case comes at the behest of Sterlingov’s defense attorneys, and includes a 41-page report detailing Still’s opinion on the efficacy of data obtained by the prosecution from blockchain investigation organization Chainalysis. At the core of the report is the assertion that data provided by Chainalysis cannot be…

ICO statement in response to reports of a data breach at the Police Service of Northern Ireland

John Edwards, the Information Commissioner, said: “People have the right to expect that their personal information is kept safe and not disclosed when it shouldn’t be. This incident raises serious concerns as it shows how even the smallest of human errors can have major consequences. “We recognise the potential impact on the people and families affected by this breach, and we expect appropriate action to be taken by the Police Service of Northern Ireland as a matter of urgency. “The incident demonstrates just how important it is to have robust…

Worldcoin Launched Before a German Data Regulator Finished Assessing the Crypto Project

At the moment, the European data authorities are investigating Worldcoin’s data flows, the pseudonymization of personal data, such as the biometric iris scans, as well as the transparency and fairness around users’ consent, said Will. Worldcoin is expected to respond to the authorities’ latest information request by September, at which point the investigation might delve deeper into its specific technology. Source

MetaMask is the most popular hot wallet, CoinGecko data suggests

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MetaMask is the number one hot wallet on the market, with over 22.66 million app installations and users, according to CoinGecko’s latest report.  Crypto hot wallets According to CoinGecko, MetaMask is the most popular “hot wallet for self-custody,” with 22.66 million “installations or users.” These numbers surpass that of the Coinbase Wallet, the second most popular wallet, which had 11 million installs, by over 100%. Top 10 hot crypto wallets | Source: CoinGecko The challenges of…

India House passes bill to ease Big Tech data compliance

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The lower house of India’s parliament voted in approval of a bill that would ease data compliance regulations for Big Tech companies on Aug. 7, according to a report from Bloomberg.  The Digital Personal Data Protection Bill 2023 would ease storage, processing and transfer standards for major global tech companies like Google, Meta and Microsoft, as well as local firms seeking international expansion. The legislation allows companies to export data sourced from India, except to countries prohibited by the government. As it currently stands, the bill requires government consent prior…

Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more

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The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans from artificial intelligence (AI) entities. The process — proof-of-personhood — generates a unique World ID, with all biometric data stored on a decentralized blockchain. The innovation lies in the zero-knowledge proof mechanism, which enables human verification without divulging the underlying data. Despite generating controversy…

Will Bitcoin Rebound Anytime Soon? Here’s What On-Chain Data Says

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Bitcoin has continued to struggle recently as its price is still in the low $29,000 level. Here’s what on-chain data says about if a rebound is likely or not. What Does Bitcoin On-Chain Data Say About The Asset’s Near-Term Outlook? Bitcoin has stagnated recently as the cryptocurrency’s price has failed to keep any significant moves going. Even the latest decline in the asset has been indecisive, as the price didn’t take long to fall back to a sideways movement. Under these conditions, it’s natural that investors may be wondering when…

Bitcoin price taps $29.3K as data shows ‘most resilient’ US jobs market

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Bitcoin (BTC) inched higher at the Aug. 4 Wall Street open as mixed United States unemployment data rocked U.S. dollar strength. BTC/USD 1-hour chart. Source: TradingView U.S. unemployment gives mixed picture Data from Cointelegraph Markets Pro and TradingView followed BTC price action as BTC/USD set daily highs of $29,273. U.S. jobless figures came in below expectations on the day, at 3.5% versus an estimated 3.6%, while the number of jobs added was less than forecast. Responding, financial commentator Holger Zschaepitz said that the data had “no clear message.” “Despite the…

Kenya Appears to Have Flip-Flopped on Worldcoin’s Data Practices

Wolrdcoin, which was co-founded by Sam Altman, CEO of ChatGPT developer OpenAI, is an identity and cryptocurrency protocol that uses iris scans to verify users. The company has designed its own hardware, known as the Orb, to do so, and claims that the biometric data doesn’t leave the device and is erased, unless users consent to Worldcoin holding onto it. After the project’s launch in July, Orb-verified users could receive airdrops of the Worldcoin token. Source