Tag: Data

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

NFT Sales Have Dropped by Nearly 50% Since January: DappRadar Data

The DappRadar report also noted that the shifts in trading volume and network activity may be partially attributed to “the emerging popularity of ‘low barrier entry’ NFTs. These assets, smaller in individual value, cater to a wider audience,” and “a broader shift in the NFT market towards platforms that offer more affordable and accessible NFT options.” Source

Kenya suspends Worldcoin operations over security and data concerns 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kenya has suspended all Worldcoin project activities in the country until it can be confident that there are no risks to the public. The Ministry of the Interior and National Administration in Kenya announced on Aug. 2, 2023, that Worldcoin will no longer operate in the country. According to a release posted on Facebook, there are ongoing investigations by the country’s security, data protection, and financial services agencies, concerning the legality and authenticity of Worldcoin’s biometrics…

Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

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Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information queries within its ecosystem. The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query within its decentralized data network, allowing users to trust that a data query is accurate and has not been manipulated. Space and Time intends for the service to provide tamper-proof on-chain and off-chain data to blockchain services, advanced computing, artificial-intelligence and large language models. Space and Time co-founder Jay White told Cointelegraph…

ICO warns of email data breach risk as it issues two reprimands

The Information Commissioner’s Office (ICO) has reprimanded two Northern Irish organisations for disclosing people’s information inappropriately via email. Both the Patient and Client Council (PCC) and the Executive Office disclosed recipient details by using inappropriate group email options. They should have found an appropriate alternative such as mail merge. The PCC had sent an email to 15 people across Northern Ireland, each of whom had lived experience of gender dysphoria, using the carbon copy (cc) option. Although the body of the email did not contain personal information, the people who…

ICO reprimands NHS Lanarkshire for sharing patient data via WhatsApp

The Information Commissioner’s Office (ICO) has issued a reprimand to NHS Lanarkshire, following staff’s unauthorised use of WhatsApp to share patients’ personal data over the course of two years. Between April 2020 and April 2022, 26 staff at NHS Lanarkshire had access to a WhatsApp group where patient data was entered on more than 500 occasions, including names, phone numbers and addresses. Images, videos and screenshots, which included clinical information, were also shared. While it was made available for communicating basic information only at the start of the pandemic, WhatsApp…

Jobs Data to Highlight the Week’s Releases but May Not Stir BTC’s Price

Investors will be looking for continued signs of a cooling employment market and slowing growth, which would suggest inflation is waning and possibly buoy risk-on asset markets, although cryptos have been largely immune from significant macroeconomic events. Hot jobs data, which typically accompanies rising prices, has been a particular concern for the U.S. central bank, which raised the interest rate 25 basis points (bps) last Wednesday. Source

Worldcoin data collection investigated by French privacy regulator

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Worldcoin (WLD) project, which has gained notoriety due to its controversial iris-scanning biometrics, is currently being investigated by France’s data privacy regulatory agency. The Commission Nationale de I’informatique et des Libertés (CNIL), an agency in France responsible for ensuring data privacy, has launched an investigation into Worldcoin, according to an emailed response to Reuters as revealed on July 28.  The French regulator raised concerns about Worldcoin’s data collection method, telling the publication that “the legality of this…

BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range

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Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations. BTC/USD 1-hour chart. Source: TradingView Fed’s “preferred” inflation metric points to waning pressure Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print. This came in below estimates, hinting that U.S. inflation was continuing to subside and copying other data prints from the week. BREAKING: US PCE Price Index comes in below expectations Expected = 3.1%Actual =…

French privacy watchdog questions Worldcoin’s data collection method: Report

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The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin’s data collection methods, according to a Reuters report.  In an email to Reuters on July 28, CNIL said: “The legality of this collection seems questionable, as do the conditions for storing biometric data.” CNIL also stated that it had initiated investigations and had been supporting the efforts of the Bavarian state authority in Germany with its investigation into the matter. Reuters also reported on July 25 that Worldcoin may face inquiries…