A library of snippets
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“Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul”
From “Seoul Mayor Prepares City to Embrace Blockchain Technology | NewsBTC”.
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Thousands of user account details—many related to a bestiality website—are circulating on public image boards, according to data obtained by Motherboard. Details include email addresses, alleged IP addresses, and other apparent personal information linked to an often illegal sexual practice.
From Thousands of Bestiality Users Exposed in Hack – Motherboard.
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Marcus Schenck, Deutsche’s co-head of corporate and investment banking said that bank accounts could be obsolete within 15 years.
From Deutsche Bank’s Marcus Schenck on the future of banking – Business Insider.
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It also means evidence of earlier not-quite-untraceable payments remain carved into Monero’s blockchain for years to come, visible for any snoop that cares to look.
From Monero Privacy Protections Aren’t as Strong as They Seem | WIRED.
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Following extensive assessment and due diligence, the States of Jersey has selected specialist UK company, Yoti, as government’s digital ID provider.
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Law enforcement agencies in the U.S. routinely use the fingerprints of dead people to bypass biometric safeguards meant to protect Apple iPhones from being unlocked, according to a new report.
From Police routinely using dead people’s fingerprints to access iPhones: Report – Washington Times.
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Global debt issuance rose 4 per cent to $7tn last year, netting investment banks overall revenues of $23.3bn, according to data company Dealogic.
In contrast, investment banking revenues from trading fixed income, currencies and commodities — the FICC segment that used to be one of Wall Street’s dominant money machines before the financial crisis — shrank again last year, by 10.5 per cent to $68bn, according to Coalition, another data company.
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If the Commission truly seeks to achieve a balanced market with proper competition, it should redress the design errors in the PSD-2 and allow banks to ask fees and allow them reciprocal access to the customer data.
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We are experiencing a fundamental paradigm shift in our relationship to knowledge. From the ‘information age’, we are moving towards the ‘reputation age’, in which information will have value only if it is already filtered, evaluated and commented upon by others.
From Say goodbye to the information age: it’s all about reputation now | Aeon Ideas.
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Analysis by Payments UK suggests that by 2018, 13.4 billion debit card payments are predicted, of which 4.6 billion (or one in three) are expected to be contactless. Cash is expected to be used for 13.3 billion payments in 2018, meaning it won’t be the most frequently used payment method for the first time.
From Debit cards set to overtake cash in the UK three years ahead of sch….
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Snippings