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johnd • Jan 25, 2024, 2:11 pm EST

EFF and 110+ NGOs Challenge the UN’s Cybercrime Treaty

The Electronic Frontier Foundation (EFF) and 110 other groups have united to convey to the United Nations that they are unhappy with a proposed treaty on cybercrime. Since May 2021, countries in the United Nations have been working together to create a set of rules for dealing with cybercrime. If these rules are accepted by all the countries in the UN, it would be the first time the UN would have a firm agreement on how to handle cyber issues. This agreement could become a definitive set of rules worldwide, helping countries work together to stop and investigate cybercrime and

2 minutes

satoshin • Aug 31, 2023, 12:42 pm EDT

Byte Federal launches in Australia

In a significant move to democratize access to digital assets, Byte Federal Australia, a Bitcoin ATM network company, has officially launched its operations in Australia.

2 minutes

carlp • Aug 1, 2023, 1:40 pm EDT

German Data Watchdog Probes Worldcoin Cryptocurrency Project Amid Privacy Concerns

A German data protection agency is meticulously examining Worldcoin, a nascent digital currency project led by OpenAI CEO Sam Altman. The scrutiny arises from growing concerns about Worldcoin’s large-scale processing of sensitive biometric data, particularly iris scans. Launched last week, Worldcoin requires users to exchange their iris scans for a digital ID. In some jurisdictions, people also receive free cryptocurrency as part of the project’s ambitious plan to construct a new “identity and financial network”. The Bavarian State Office for Data Protection Supervision, led by President Michael Will, initiated its investigation into Worldcoin in November 2022 due to anxieties about

2 minutes

satoshin • Jul 28, 2023, 11:55 am EDT

Digital Ruble Testing to Commence in Mid-August: Russia’s Move Towards Central Bank Digital Currency

In a significant move that highlights Russia’s ongoing shift towards digital currencies, several of the country’s banks will begin testing the nation’s newly minted digital ruble with actual clients by mid-August. The impending trials follow shortly after Russia formally established laws pertaining to the implementation of its digital currency.

3 minutes

arusso • Jul 24, 2023, 12:57 pm EDT

Dystopian Data Collection or Digital AI Innovation?

Worldcoin, a new cryptocurrency project launched by the same team behind OpenAI has caught the collective attention of the digital ecosystem. But what is Worldcoin? Where did it emerge from? What potential promises and challenges does it hold? Why is it scanning iris’ with an orb? What is an orb? Founded over three years ago, Worldcoin was established with a lofty ambition: to create a new identity and financial network owned by every global citizen. The grand rollout commences today, paving the way for a venture that could ambitiously seeks to reshape economic opportunity on a global scale, address online

2 minutes

carlp • Jul 14, 2023, 5:33 pm EDT

Europe Launches First Bitcoin ETF: A New Dawn for Digital Assets

Europe is poised to make history by introducing its first-ever Bitcoin spot exchange-traded fund (ETF). After a significant delay, Jacobi Asset Management is ready to launch the ETF, which was initially approved in 2021. This news comes when interest in a similar financial product surges across the Atlantic following BlackRock’s filing for an American spot bitcoin ETF.

3 minutes

satoshin • Jul 6, 2023, 11:16 am EDT

Unraveling the FTX Saga: How Mismanagement, Not Cryptocurrency, Led to a High-Profile Financial Fallout

In recent reporting from the New York Times, the outlet covered the saga of NFL superstar Tom Brady’s involvement in the cryptocurrency exchange, FTX, and the ensuing fallout after its implosion. In the wake of the FTX bankruptcy, even NFL superstar Tom Brady has not been spared. He found himself embroiled in a crisis after the implosion of FTX, a leading cryptocurrency exchange to which he lent his name and invested in as an ambassador. The collapse of FTX, coupled with legal charges against its founder, Sam Bankman-Fried, has left the famous quarterback and other celebrity endorsers facing legal and

3 minutes

satoshin • Jul 4, 2023, 2:06 pm EDT

Bitcoiners Celebrate Independence Day: A Reflection on Freedom, Fairness, and Financial Revolution

As fireworks light up the Fourth of July sky, Bitcoin enthusiasts nationwide are celebrating more than just Independence Day. With fervor, they herald what they perceive as a new era of financial liberty and sovereignty, taking inspiration from historical figures like Benjamin Franklin and Thomas Jefferson. As a backdrop to this unique celebration, Bitcoin prices over the past decade serve as a testament to this digital currency’s explosive growth and its transformation into a global phenomenon. In celebrating this day, Bitcoiners are harking back to Benjamin Franklin’s critique of King George’s financial policies. Franklin once stated, “The refusal of King

2 minutes

satoshin • Jun 30, 2023, 3:19 pm EDT

Voatz Hits 125-Election Milestone, Reinforcing the Future of Voting is Mobile

In a world that is increasingly turning to digital solutions, the mobile voting platform Voatz has recently marked a significant achievement – the completion of its 125th election. This development not only signifies the company’s continuous growth but also underscores the expanding adoption of mobile voting as a secure, accessible, and streamlined approach to democratic participation. With a mantra that ‘the future of voting is mobile,’ Voatz leverages sophisticated smartphone security, identity verification techniques, biometrics, and blockchain technology to protect voters’ information and ensure a secure voting process. This has led to the company being recognized by prominent organizations, with

2 minutes

Michelle W • Jun 29, 2023, 11:55 am EDT

Crypto Debanking Risks Pushing Industry Underground, Warns Australian Treasury

The rising trend of banks in Australia limiting services to cryptocurrency companies might drive the sector underground, making it less transparent, the Australian Treasury Department has warned. The Australian government is addressing the potential fallout of severing banking services to crypto exchanges amidst growing concerns over scams. On June 28, the Australian Department of the Treasury shed light on this matter by releasing an official statement addressing potential policy responses to debanking within the country. The term ‘debanking’ refers to a situation when a bank refuses to provide services to a client, often citing reasons such as compliance with Anti-Money

3 minutes