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UK Advancing Towards a Digital Pound: Exploring CBDC Feasibility

UK Advancing Towards a Digital Pound: Exploring CBDC Feasibility

The UK's Bank of England (BoE) and HM Treasury are advancing into the second phase of exploring the feasibility of a digital pound, also known as "Britcoin." A final decision is yet to be made, with a focus on user privacy and coexistence with cash.

OpenAI Launches Bug Bounty Program

OpenAI Launches Bug Bounty Program

OpenAI has launched a bug bounty program to address privacy and cybersecurity issues, inviting security researchers and ethical hackers to identify and address vulnerabilities in its systems. The program offers cash rewards ranging from $200 to $20,000 for qualifying vulnerability information.

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

The decline in the use of physical cash raises important questions about the loss of personal freedom and privacy. As central banks explore the development of CBDCs, the design and implementation of these digital currencies will play a critical role in balancing convenience and personal liberties.

Italy Blocks OpenAI ChatGPT Over Data Breach Concerns

Italy Blocks OpenAI ChatGPT Over Data Breach Concerns

Italy’s data protection agency has temporarily blocked OpenAI’s ChatGPT due to suspected data privacy breaches following a recent data breach on March 20. The agency also cited concerns over the lack of information for users regarding data collected by OpenAI and the lack of legal basis for mass data collection by the AI platform. In addition, ChatGPT's potential breach of its own data protection rules and the risk to minors who may be exposed to unsuitable content were also highlighted. The Center for Artificial Intelligence and Digital Policy has filed a complaint against ChatGPT, describing it as "biased" and "deceptive" and a risk to public safety and privacy.

Seven Web3 Firms Form Alliance Focusing on Data Privacy

Seven Web3 Firms Form Alliance Focusing on Data Privacy

According to the Universal Privacy Alliance's official statement, their aim is "to protect privacy regardless of the blockchain or technology stack."

CBDC Surveillance Concerns Spark Legislative Action

CBDC Surveillance Concerns Spark Legislative Action

Congressman Tom Emmer's CBDC Anti-Surveillance State Act aims to address surveillance risks in government-issued digital currencies, emphasizing privacy and autonomy in the evolving digital financial landscape.

Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction

Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction

Rabbit Inc's r1, an AI-powered mobile device featuring the innovative Large Action Model OS, was showcased at CES 2024, offering a novel approach to mobile interaction and user convenience.

AI-Driven "Nudify" Platforms: A Deep Dive into the Alarming Surge and its Implications

AI-Driven "Nudify" Platforms: A Deep Dive into the Alarming Surge and its Implications

Graphika reports a significant increase in AI-driven "nudify" services, with over 24 million users in September, raising privacy, legal, and ethical concerns.

EY: How Blockchain Revolutionizes Tax Operations for Businesses in 2 Ways

EY: How Blockchain Revolutionizes Tax Operations for Businesses in 2 Ways

Following Part 1 of the interview, we looked at Ernst & Young’s perspective on how blockchain can be an effective tool for huge tax savings. Jimmy also shared the progress of Nightfall, zero-knowledge proof technology on the role of privacy transactions on public blockchains.

Australia Evaluates Mandatory AI Rules in High-Risk Areas

Australia Evaluates Mandatory AI Rules in High-Risk Areas

Australia is considering mandatory regulations for AI development in high-risk areas, balancing innovation with public safety, ethical concerns, and global alignment in AI governance.

Privacy blockchain platform Aztec to shut down Aztec Connect

Privacy blockchain platform Aztec to shut down Aztec Connect

Privacy-oriented blockchain platform Aztec is set to shut down Aztec Connect, its network's privacy infrastructure serving as the encryption layer for Ethereum. Aztec will no longer run a sequencer from March 2024, and the current system will no longer publish rollup blocks processing Aztec Connect transactions.

Chainalysis Adds Compliance Support to Track Privacy Coins Dash and Zcash

Chainalysis Adds Compliance Support to Track Privacy Coins Dash and Zcash

Chainalysis has just launched support for two of the most popular privacy coins, Dash and Zcash. Privacy coins are cryptocurrencies with privacy-enhancing features that allow users to gain total anonymity when making blockchain transactions. Privacy coins protect the identity of the users and the origins of the transactions, taking the anonymous and private nature of Bitcoin to the next level. Comparatively, Bitcoin protects some information, hence remaining pseudo-anonymous. The rest of the information, including transactions, addresses, and balances, is recorded in a public and permanently available ledger.

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