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The Italian Data Protection Authority, a local privacy regulator, announced the launch of a “fact-finding” investigation on Nov. 22, in which it will look into the practice of data gathering to train artificial intelligence (AI) algorithms.The investigation aims to verify the adoption of appropriate security measures on public and private
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied France’s and Germany’s data regulators are jointly investigating Worldcoin’s data collection methods, specifically focusing on iris scans. France’s data protection regulatory authority, CNIL, has recently focused on Worldcoin. With a probe into the company’s Paris office
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Prometheum "may have provided false testimony to Congress or violated U.S. securities laws," the open letter began. The lawmaker said Prometheum CEO Aaron Kaplan told Congress that it developed its own blockchain platform independently starting in December 2019. However, in SEC filings filed through 2021, Prometheum said it depended on
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Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind popular chatbots. According to a report from the AP on Tuesday, 13 watchdog groups issued a warning to their national consumer, data protection, competition and product safety authorities regarding concerns about
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Goldman Sachs is currently facing scrutiny from the Federal Reserve and Securities and Exchange Commission (SEC) regarding its involvement in the purchase of Silicon Valley Bank’s securities portfolio prior to the bank’s collapse, The Wall Street Journal has reported, citing sources familiar with the matter.Breaking: Goldman Sachs is being investigated by
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Atomic Wallet users lost over $100 million worth of crypto in bitcoin (BTC), ether (ETH), tether (USDT), dogecoin (DOGE), litecoin (LTC), BNB and polygon (MATIC) in the first weekend of June, blockchain intelligence firm Elliptic said in a blog post with updated estimate on Tuesday. According to the firm, over
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Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally. Ethereum Network Experiences Temporary Transaction Processing Issue The Ethereum
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The central bank of South Korea has been given the green light to ramp up its scrutiny of cryptocurrency service operators and issuers amid further discussions on virtual asset legislation in the country.On April 20, local media outlet The Korea Herald reported the Bank of Korea (BoK) will be given
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Binance is under investigation in Brazil by the Federal Prosecutor’s Office and Federal Police, according to a report in Valor Econômico newspaper. The cryptocurrency exchange has allegedly been helping clients evade a stop order on cryptocurrency derivatives investments.According to the newspaper, the Brazilian Securities and Exchange Commission (SEC) reported to
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