ICO reprimands Dover Harbour Board and Kent Police over information sharing

The Information Commissioner’s Office (ICO) has issued reprimands to Dover Harbour Board and Kent Police after they breached data protection law. Officers from both organisations used the social media app, WhatsApp, and instant-messaging service, Telegram, on their personal phones to share information for the purpose of combatting vehicle crime. At the time of the ICO’s investigation, the Telegram group included 241 officers from multiple UK police forces and international law enforcement agencies. The ICO found evidence that personal information was being shared in the group without appropriate safeguards in place.…

Sahara Secures $6M Seed Funding to Revolutionize Knowledge Sharing with AI and Blockchain

Sahara, a decentralized AI network, has raised $6 million in a seed funding round led by Polychain Capital to transform knowledge sharing and monetization using AI and blockchain technologies. Sahara, a decentralized AI network aiming to revolutionize the way knowledge is owned, shared, and monetized globally, has announced the successful completion of its $6 million seed funding round. The round was led by Polychain Capital, with participation from notable investors such as Samsung Next, Matrix Partners, Motherson Group, dao5, Geekcartel, Canonical Crypto, Nomad Capital, Dispersion Capital, Alumni Ventures, Tangent Ventures,…

TON Skyrockets 25% As Telegram Unveils New Revenue Sharing Feature, Crossing $3 Mark

In a notable development for the cryptocurrency world, Telegram, the popular social media platform, has introduced an ad revenue-sharing system for channel owners on its native blockchain TON. This move has resulted in a significant 25% price spike for TON, surpassing the $3,016 mark. Previously known as Gram, TON is the native cryptocurrency of The Open Network (TON), a decentralized Layer 1 (L1) protocol. With the introduction of this new feature, Telegram aims to create a mutually beneficial ecosystem where channel owners can be financially rewarded for their efforts. Telegram…

German police confiscate $2.1b in Bitcoin from illegal file sharing

German authorities have confiscated approximately 50,000 Bitcoins, valued at around $2.1 billion. The action is part of an extensive investigation targeting an online file-sharing service deemed illegal by the authorities. It represents the most substantial quantity of Bitcoin ever secured by German law enforcement. The operation was collaborative, involving the Saxony state prosecutors, Germany’s Federal Criminal Police Office, and the U.S. Federal Bureau of Investigation. The investigation has focused on two individuals believed to have amassed this vast amount of Bitcoin (BTC) through profits generated by a German-based file-sharing website,…

New ICO campaign promotes sharing data to safeguard children

The Information Commissioner’s Office is partnering with education, law enforcement and social service organisations to raise awareness about responsible data sharing to protect children from harm.  The data protection regulator has launched a myth-busting campaign called ‘Think. Check. Share.’ which demonstrates how data protection law can help organisations to share personal information when required to safeguard children and young people.  The National Day Nurseries Association, the Early Years Alliance, the College of Policing, the National Police Chiefs’ Council and the Confederation of School Trusts are among the first organisations to work…

US Recession 2024 Becomes Hot Debate among Economists Sharing Mixed Views

2024 could be a slower year for the business landscape in the US economy, however, many economists are positive that the US recession could be thwarted with a soft landing. Bulls made a strong comeback this year in 2023, and as the year ends, the Fed has given major signals of interest rate cuts in 2024. This has kept the markets upbeat and investors bullish on Wall Street. Does this mean that the US economy is completely out of the woods? Well, not entirely as economists share mixed opinions of…

FTX advisers sharing customers’ data with FBI: Report

Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of Investigation (FBI), according to court documents seen by Bloomberg.  In response to subpoenas issued by several FBI field offices during the past few months, FTX consultants turned over to law enforcement records of specific customers’ trades on the bankrupt crypto exchange. The FBI’s requests were disclosed on billing records from Alvarez and Marsal, a consultancy serving as financial advisers for FTX. Over the past few months, the firm’s staff extracted…

Kraken to start sharing user data with IRS

Cryptocurrency exchange Kraken will share selected user information with the IRS starting from the next month. According to The Block, the decision comes after it was ordered by a court order received in June. “Kraken expects to share this information covered by the court’s order in early November 2023.”  The Block The IRS and Kraken battle began in May 2021 when a US federal court allowed the tax agency to serve a John Doe summons on the cryptocurrency exchange and its subsidiaries in an attempt to catch tax evaders. The IRS…

EU Formally Agrees on New Crypto Tax Data Sharing Rules

“The directive will improve Member States’ ability to detect and combat tax fraud, avoidance and evasion, by requiring all EU-based crypto-asset service providers, regardless of their size, that they report transactions from customers residing in the EU,” the Commission said in a statement on Tuesday. Source

Clarification on sharing false spot Bitcoin ETF news

Dear Cointelegraph readers, We are incredibly grateful for the support and trust you have placed in our publication over the last 10 years. We strive to deliver the most thoughtful, engaging and impactful news affecting the cryptocurrency space. Earlier today, during routine coverage, Cointelegraph’s social media team posted a message on X without prior editorial approval stating that the United States Securities and Exchange Commission had approved BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. This was false, the result of misinformation. The news lead originated from an unconfirmed screenshot…