Key Notes Telegram only shares data when legally required, following strict verification protocols. Despite handling numerous data requests, Telegram maintains its commitment to privacy and freedom. Pavel Durov, founder and CEO of popular messaging app Telegram, has shed light on some of the topics he touched on in a recent announcement. Earlier, the CEO spoke about policies that allow the app to share the IPs and phone addresses of criminals with authorities. However, with the criticism that followed the previous announcement, Durov has now attempted to clear the air. He…
Tag: Sharing
Social media and video sharing platforms put on notice over poor children’s privacy practices
We are calling on 11 social media and video sharing platforms to improve their children’s privacy practices. Where platforms do not comply with the law, they will face enforcement action. This follows our ongoing review of social media platforms (SMPs) and video sharing platforms (VSPs) as part of our Children’s Code Strategy. Our Tech Lab reviewed 34 SMPs and VSPs focusing on the process young people go through to sign-up for accounts. Varying levels of adherence to our Children’s code were found, with some platforms not doing enough to protect…
DePIN Is the Sharing Economy 2.0
The fragmentation and complexity of the ecosystem, with projects involving various aspects such as blockchain, hardware, and infrastructure, keeping track of all developments and opportunities can be complex. To profit from DePIN, it’s necessary to understand the use-case, the hardware, and the tokenomics of a project. This is the supply side. For the demand side to truly and sustainably take off, there’s a lot of translation that we, as an industry, need to do to integrate with the real-world economy. This work is essential to onboard the next millions to…
Optimism Stack Update: OP to Support Layer Three With Funding, Features, and Revenue Sharing
Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open standard codebase, extends its utility beyond Layer two deployers to […] Source CryptoX Portal
Citi, JPMorgan Among U.S. Financial Firms Teaming Up to Explore Sharing Ledger Technology for Multiasset Transactions
The research project, titled Regulated Settlement Network (RSN) proof-of-concept (PoC), will explore the potential of bringing commercial-bank money, wholesale central-bank money and securities such as U.S. Treasuries and investment-grade debt to a common regulated venue, according to a statement shared with CoinDesk. Source
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…