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Dutch tax authority seeks feedback on draft bill for crypto firms to report user data

Dutch tax authority seeks feedback on draft bill for crypto firms to report user data

The country’s tax authority intends to require crypto firms to report clients’ crypto transaction data to align with EU taxation mandates.

Timmy Shen
Mathematical Certainty in Data Security – The Rise of Fully Homomorphic Encryption

Mathematical Certainty in Data Security – The Rise of Fully Homomorphic Encryption

Interest in FHE (fully homomorphic encryption) is growing as companies seek more robust data privacy solutions in an increasingly regulated world. FHE allows data to be processed without ever being decrypted – a breakthrough that could revolutionize industries where data security is paramount. To de…

David Archer
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data

New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data

The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing key financial reporting laws and strengthening…

Kevin Helms
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership

Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership

Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers and focu…

Terence Zimwara
New Data Shows Slowing Bitcoin Volatility – Setting Up For The Next Rally?

New Data Shows Slowing Bitcoin Volatility – Setting Up For The Next Rally?

Bitcoin is currently holding above the $62,000 mark following a 5% surge from lower demand in the past few days. While the market grapples with uncertainty, recent data from Coinglass indicates that Bitcoin’s volatility has significantly decreased during this period of sideways trading. This reducti…

Sebastian Villafuerte
Fidelity Investments Discloses Data Breach Impacting 77,000 Customers

Fidelity Investments Discloses Data Breach Impacting 77,000 Customers

TLDR Fidelity Investments confirmed a data breach affecting 77,099 customers Personal information was accessed between Aug. 17-19 through two recently established accounts No Fidelity accounts were directly accessed Fidelity is offering free credit monitoring and identity restoration services for 2 …

Oliver Dale
Fidelity reports data breach of 77k customers to Maine Attorney General

Fidelity reports data breach of 77k customers to Maine Attorney General

American Financial Services firm Fidelity Investments filed a data breach report involving access to 77,000 customers’ personal information. On Oct. 9, Fidelity Investments filed a data breach notification to the Maine Attorney General’s office. The crypto exchange-traded fund stated that…

Trisha Husada
Bitcoin risks worst October in six years following high US inflation data and S&P 500 correlation

Bitcoin risks worst October in six years following high US inflation data and S&P 500 correlation

Bitcoin (BTC) and the crypto market trended downward on Thursday as the US Consumer Price Index (CPI) data for September showed that inflation is rising again, reducing the already slim chances of the Federal Reserve cutting its interest rate by another 50 basis points in November.

Bitcoin Surges Amid Positive Economic Data

Bitcoin Surges Amid Positive Economic Data

The positive economic data strengthened the outlook for a robust year-end rally.

Blockhead
US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes

US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes

The crypto market is waiting for the US Consumer Price Index (CPI) data, which is scheduled to be released later this week. The data, crucial to understanding the inflationary pressure in the economy, would be closely watched by investors, especially after the gloomy US Job data weighed on market se…

Rupam Roy
Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities

Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities

Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Duro…

Kevin Helms
Crypto Market Braces For US Job Data Amid ā€˜Uptober’ Rally Anticipation

Crypto Market Braces For US Job Data Amid ā€˜Uptober’ Rally Anticipation

The crypto market enters a crucial week, with anticipation soaring over the upcoming US Job data. This data, especially after the softer US PCE inflation figures last week, would aid investors in assessing the market trends for the fourth quarter. In addition, the traders would also keep an eye on t…

Rupam Roy