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Bitsafe secures payments, money and other digital assets of businesses and individuals worldwide independent of their trade, profession, race, ethnic or social origin, gender, religion or sexual identity. Bitsafe’s got talent.

From Bitsafe – Protecting Your Identity Online.

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In daylight, the coat relies on something like a Disillusionment Charm, in that it appears to have a relatively inconspicuous camouflage pattern—which is, in fact, an algorithmically generated design that scrambles the all-seeing eye of the security camera. At night, meanwhile, the coat uses a technique closer to something from the Predator film franchise, using embedded thermal devices to make heat patterns that confuse infrared thermal scanners.

From Invisibility cloak hides wearer from biometric cameras and exposes security loopholes | Biometric Update.

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According to the Journal, the plan being considered goes like this: a scammer convinces a customer to transfer money from her legitimate account at Bank A to a fraudulent account at Bank B. Assuming the banks agree that fraud occurred, Bank B would reimburse Bank A, and Bank A would reimburse the customer.

From Can Zelle Fraud Be Halted by a Tech Fix? Some Say Yes. | Observer.

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The Cabinet Office has found that 42 per cent of people with no photo ID are unlikely to apply for one: “This would suggest that close to half of those without photo ID would not seek to apply for the voter card,” it admitted.

From Electoral Commission warns of problems with UK’s new voter ID | Financial Times.

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In D’Aloia v (1) Persons Unknown and (2) Binance Holdings Limited and others, the High Court of England and Wales granted the claimant permission to serve court proceedings on ‘persons unknown’ over blockchain, by way of non-fungible tokens (NFTs).

From Service by NFT – Court serves defendants by ‘airdrop’ into digital wallet – Lexology.

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The Italian government’s draft budget for 2023 will increase the ceiling for cash payments to €5,000 ($5,280), despite criticism from a Bank of Italy official.

Under current law, Italians may use cash for payments of up to €2,000, but this ceiling had been set to fall to €1,000 from January 1. The new budget will instead raise that limit.

The amendment would also allow merchants to refuse to accept digital payments for transactions up to €60. Currently, merchants must accept electronic payments of any size, and can be fined if they refuse.

From Italy to allow larger cash payments despite central bank objections – Central Banking:

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More than four-in-five card transactions were made using debit cards, with the rest made up of credit and charge cards.

As a proportion of total money spent, cash accounted for just 8 per cent of consumer spend (down from 15 per cent), while credit cards rose slightly to 23 per cent, and debit cards rose significantly to 67 per cent.

From Cash usage halved in 2021 as debit card fees pile more pressure onto retailers | E&T Magazine:

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Weed Shops Switch to Cash After Cashless ATM Crackdown

From How to Buy Weed? That’s Changing as Cashless ATMs Close – Bloomberg:

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A Brooklyn art collective has created an ATM that lets people put their balance on display at the Art Basel in Miami Beach.

The ATM created by MSCHF puts the cash balance of those who use it on display at the art fair and ranks people by wealth. American DJ and music producer Diplo posted on Twitter a video of him taking the No. 1 spot on the ATM at $3 million on Friday.

“ATM Leaderboard is an extremely literal distillation of wealth-flaunting impulses,” said Daniel Greenberg, co-founder of MSCHF.

From An ATM at Art Basel publicly ranks its users by their bank account balance : NPR:

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Despite the high level of opportunities afforded by AI, for most it has been reduced to a much more manageable set of data manipulation activities. Microsoft’s Kate Crawford summarizes this by saying that most AI in use today is neither artificial nor intelligent”.
In practice, AI is operationalized as an application of statistical analysis tools supported by a growing set of machine learning techniques. Primarily that means mining data to improve how the organization can learn from past experiences, recognize repeating patterns to automate common tasks, and correlate different signals in that data to predict future events.

From Digital Economy Dispatch #109 — Why ChatGPT is an Important Wake-Up Call in Your Digital Transformation | Digital Economy Dispatches.

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