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He explained that is accomplished via the fact that "transaction-related data is encrypted for storage," "entities and individuals are prohibited from arbitrary inquiry or information usage without rigorous legal authorization" and that China's central bank keeps "small-amount soft wallets and hard wallets to meet the need for small-value anonymous transactions,
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Binance founder and CEO Changpeng Zhao highlighted the importance of education among users of blockchain technology during his keynote speech at Blockchain Week in Busan, South Korea on Thursday.“[Blockchain] technology has a very far-reaching impact,” said Zhao, adding that it will change how business models are shaped. “And because of
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Nonfungible token (NFT) marketplaces should commit to combat fraudulent NFTs, but brands are far more responsible for protecting NFT investors, according to one industry executive.Brands that issue NFTs should be taking the first step to protecting themselves and potential investors from fraud, BrandShield CEO Yoav Keren said in an interview
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"Last month, ahead of the inflation data, traders bid weekly calls, pushing the seven-day call-put skew above the positive territory. However, that trade was a huge loser. As such, traders are staying away from such bets this time," Gregoire Magadini, CEO of options analytics platform Genesis Volatility, told CryptoX. Source
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The Information Commissioner’s Office (ICO) has fined Easylife Ltd £1,350,000 for using personal information of 145,400 customers to predict their medical condition and target them with health-related products without their consent. The company was also fined £130,000 for making
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The financial service provider Mastercard will launch a new crypto service related to risk management on Tuesday Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on crypto merchant platforms.Crypto Secure combines the usage of artificial intelligence, blockchain data and public records of
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Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay creditors. Compute North Files for Chapter
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The Information Commissioner’s Office (ICO) has launched a second consultation on a draft code of practice about using personal data for journalism (the code). The code provides practical guidance on how to comply with data protection legal requirements and
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Other investors in the round included XYZ, Nyca Partners, Sound Ventures, Activant Capital, Visa, Google Ventures, Eric Schmidt, Vikram Pandit, The General Partnership, NAventures, ING Ventures, ConsenSys, Cross River Digital Ventures, Alloy Labs, and Uniswap Labs Ventures. Source
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