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Europe’s Data Agencies Express Concerns Over Privacy Standards with The Digital Euro
18.10.2023
The European Union (EU) data protection agencies have flagged possible areas concerning user privacy exposures of the proposed digital euro.
In a joint release on Oct 18, the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) highlighted their opinion on...
Google requests dismissal of AI data scraping class-action suit
18.10.2023
Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not “stealing,” as claimed
US Space Force pauses use of ChatGPT-like tools due to security fears: Report
13.10.2023
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer
Nansen third-party vendor suffers security breach, affects user data
22.9.2023
The crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system who were promptly informed of the incident
CBDC Collaboration Between Hong Kong and Israel Prioritizes Data Privacy and Security
13.9.2023
A collaboration between the Bank for International Settlements (BIS) and the central banks of Hong Kong and Israel has demonstrated that central bank digital currencies (CBDCs) can settle on centralized ledgers without compromising privacy.
Dubbed Project Sela, the joint experiment has proven that...
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
Worldcoin Sets New Sign-Up Record in Argentina Despite Ongoing Investigation Over Data Privacy
31.8.2023
Worldcoin, co-founded by Sam Altman, has reported a single-day record of approximately 9,500 Argentinians successfully verifying their World ID despite ongoing investigations into the project over data privacy concerns.
Worldcoin sign-ups in Argentina, averaging at one verified individual every...
Google updates service policies to comply with EU regulations
28.8.2023
Google and other major platforms on the web will need to update their service policies in order to comply with EU standards in its Digital Services Act by Aug. 28
Worldcoin Faces Global Regulatory Hurdles Amid Expansion
24.8.2023
Recent developments around Worldcoin have reignited discussions on data privacy and the ethical implications of personal identification. The project's audacious goal to grant everyone on Earth a biometrically verified digital ID has captured attention globally—and not always in a good way.
With...
AI is helping expand accessibility for people with disabilities
18.8.2023
A holistic approach to empowering lives: how AI redefines the accessibility landscape for people with disabilities
Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns
2.8.2023
Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations
Worldcoin launch sparks debate over data privacy and future of AI
1.8.2023
The Worldcoin launch has sparked a new debate on the future of decentralized identity, artificial intelligence and whether iris-scanning is the only way forward
Study: Generative AI Could Add Trillions to Global Economy
31.7.2023
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools...
Transparency for the Whales, Privacy for the Plebs
14.7.2023
Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak
Horizen Scraps Privacy Coin Moniker Amid Regulatory Scrutiny
28.6.2023
Horizen says it's now simply a layer 0 blockchain after depreciating the shielded pools on its main chain
Arpa Network Goes Live on Ethereum Mainnet
21.6.2023
ARPA Network will also initiate the minting of the remaining 500 million arpa (ARPA) tokens that have been reserved for staking rewards out of its max supply
Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns
10.6.2023
In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability...
Coinbase faces suit over alleged privacy violations in biometrics collection
2.5.2023
The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans
5 emerging trends in deep learning and artificial intelligence
22.4.2023
Explore five emerging trends in deep learning and artificial intelligence: federated learning, GANs, XAI, reinforcement learning and transfer learning
Europe’s digital ID wallet — Easy for users or a data privacy nightmare?
7.4.2023
European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services