Tag: Personal

Singapore High Court rules crypto personal property, compares it to fiat money

Cryptocurrency is deemed property capable of being held on trust, Judge Philip Jeyaretnam of the High Court of Singapore decided in a ruling on July 25. The Judge said he didn’t see any difference between crypto, fiat money or shells, as long as all those objects, physical or not, share value, created by mutual faith in it.  Judge Jeyaretnam handed down his ruling in a case brought by ByBit against its former employee, Ho Kai Xin. ByBit claimed the staff-member transferred around 4.2 million of USDT from the crypto exchange to her…

Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC

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A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months. According to the Redditor, whose account is crudely named “Vaginosis-Psychosis,” they now have a total of 2.65 BTC, which is worth $80,400 at current prices, and are betting big on the price of BTC hitting $100,000 by early 2025. In a June 30 post on r/CryptoCurrency, the user gave a run down on how they…

ICO issues Ministry of Justice with reprimand after confidential personal information left in prison holding area

The ICO has issued a formal reprimand to the Ministry of Justice (MoJ) after confidential waste documents were left in an unsecured prison holding area. Prisoners and staff had access to the 14 bags of confidential documents, which included medical and security vetting details, for a period of 18 days. During this time staff challenged prisoners who were openly reading the documents, but did nothing proactive to ensure the personal information was secured. At least 44 people had access to the information, which had remained on site as a contracted…

How ChatGPT can help with personal finance management

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Managing personal finances can be a challenge for many people. With so many financial products, services and investment options available, knowing where to start or how to make informed decisions can be difficult. Fortunately, ChatGPT can help. As an artificial intelligence (AI)-powered chatbot, ChatGPT can offer personalized advice on various financial topics, including budgeting, investing, debt management and retirement planning. By analyzing your financial situation and goals, ChatGPT can provide customized recommendations and insights to help you make informed decisions about your money. 4/ Budgeting & Financial Planning: Struggling with…

‘ECB has no interest in users’ personal data’

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As the various stakeholders within the European Union continue to research the potential of a single central bank digital currency (CBDC), the representatives of both private and public banking institutions share their opinion on the digital euro.  In a fresh issue of the bi-annual Views Magazine, published in April, the topic of the digital euro received a heavy amount of attention from a number of speakers. Evelien Witlox, the program manager of digital euro at the European Central Bank (ECB), lays out three digital euro use cases prioritized by the…

Keep personal info of FTX users private

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Jeremy Sheridan, former assistant director of the United States Secret Service Office of Investigations, has warned that certain FTX customers could become targets if their personal information were to be made public. In an April 20 declaration filed with the U.S. Bankruptcy Court for the District of Delaware, Sheridan supported a motion from the debtors which would withhold “certain confidential information” of FTX users. According to Sheridan, currently a managing director for FTI Consulting, releasing the names of customers associated with the failed crypto exchange imposes “a severe and unusual…

‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’

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It is now possible to install and run a “ChatGPT-like” personal artificial intelligence (AI) on a home computer even without an internet connection and Elon Musk has warned AI development has brought us closer to a technological point of no return. Brian Roemmele, the founder of the technology blog Multiplex, wrote a detailed guide on how to install the personal AI “GPT4All” on April 11, calling it a “first PC” moment for personal AI. This is the “first PC” moment for Personal AI and with it will be limitations just…

Winklevoss twins infuse Gemini with $100M personal loan: Report

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Tyler and Cameron Winklevoss, co-founders of the United States-based cryptocurrency exchange Gemini, have reportedly dipped into their own pockets to fund the business amid the crypto market downturn. According to an April 10 Bloomberg report, the Winklevoss twins made a personal $100-million loan to Gemini following attempts to get funding from outside investors. Cointelegraph reached out to Gemini for comment, but did not receive a response at the time of publication. EXCLUSIVE: Gemini founders Tyler and Cameron Winklevoss have lent $100 million to the crypto platform https://t.co/owaGrepngE — Bloomberg (@business)…

OpenAI faces Canadian privacy probe alleging personal info harvesting

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OpenAI, the creators of artificial intelligence (AI) chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for alleged collection and use of personal information without consent. On April 4, The Office of the Privacy Commissioner of Canada (OPC) stated its investigation was brought about following a complaint from an unidentified person. Head Privacy Commissioner Philippe Dufresne said his office is paying close attention to AI tech to ensure Canadian privacy rights are sufficiently protected: “AI technology and its effects on privacy is a priority for my Office […] We need…

Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company

“For efficient travel and use of time, Stone Tower Air is a charter flight company used in the past by Core Scientific for primarily transporting employees, clients, and potential clients between our data center sites in remote locations,” which are often far from major airports, Chief Mining Officer Russell Cann said in an emailed statement on Friday. He noted that the move not only saves the company money, but also helps employees spend more time with their families. Source