A library of snippets
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PayPal’s investment comes as part of Stable’s $28 million seed funding round, which saw participation from Bitfinex and Hack VC.
In addition to the investment – the size of which was not disclosed – Stable users will be able to use PayPal’s PYUSD stablecoin for commerce and financial transactions on the Stablechain.
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Another issue was whether digital ID would lead to health workers being required to check the immigration status of patients.
Either the wallet presented to obtain health care has this has a CAN-USE-NHS credentail or it does not. If it does not, then end of story..
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Officials said Starmer was determined to plough ahead with launching a digital ID scheme, despite Sir Tony Blair’s costly and failed attempt to roll out compulsory ID cards in the 2000s.
The announcement may come at Labour party conference later this month, according to two people briefed on the matter. They cautioned that the finer details of the scheme were still being ironed out and that the timeline could change.
One of the models being looked at would involve giving a digital ID to every person with a legal right to be in Britain — either through citizenship or legalised immigration status, according to one of the people.
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Then one grabbed his iPhone from his hand. After a chase, the thieves fled in a car.
As the car disappeared, d’Ippolito accepted that he’d lost his iPhone. But his plight was actually much worse: he was about to lose his life savings. Over the next few hours, he says, his crypto wallet was emptied of nearly £40,000 worth of assets.
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For some, the first day pop reflects an inefficiency in the process. One estimate puts the amount of money “left on the table” across all IPOs in 2021 at $28.65 billion. Bill Gurley, a partner at venture firm Benchmark, has long been a critic, arguing that it transfers value from selling shareholders to banks’ preferred clients. He quotes a 1999 Goldman Sachs memo: “The hot deals are obviously a currency, which can be used to please institutions, please high net worth individuals…etc.”2
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EU member states and the European parliament are hoping to reach a deal on the final text of the regulation this autumn. The potential exclusion would risk renewing transatlantic tensions after Brussels and Washington agreed on a trade deal in late July. Trump has repeatedly threatened retaliatory tariffs against countries whose taxes or laws that treat US tech companies unfairly.
Big Tech lobbying groups are already warning that consumers — not just platforms — will lose out if the current direction holds.
“FIDA’s original vision was to give people control over their own data and access to better, more innovative financial services”, said Daniel Friedlaender, head of Computer & Communications Industry Association Europe, whose members include many Big Tech groups. “By bowing to incumbent banks, the EU is going to limit consumer choice and entrench legacy players who already hold ‘gatekeeper’ power over customer data.”
From: EU to block Big Tech from new financial data sharing system.
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“By bowing to incumbent banks, the EU is going to limit consumer choice and entrench legacy players who already hold ‘gatekeeper’ power over customer data.”
From: EU to block Big Tech from new financial data sharing system.
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So the next time you see a technology at the top of the hype cycle, don’t despair. Recognize it for what it is: an invitation to step in and actively shape the future.
From: (20) Reflections on the Gartner Hype Cycle – by Heather Vescent.
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The link his friend sent was for a website seemingly run by Penn Park Capital Management, a company registered in Surrey. Describing itself as one of Europe’s leading fund managers, the group behind the site was quick to get back in touch. The person who rang, calling himself Charlie Barker, spoke with a British accent, and was well-versed in finance.
Naidoo invested $10,000 (£7,300), and later sold off his existing shares in Tesla to take full advantage of the SpaceX opportunity. Once all the funds were transferred, they ghosted him. “Looking around online, that’s when I saw the comments,” Naidoo said. “It was all a total scam.”From: Elon Musk’s space unicorn has a scam problem | The Observer.
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A major data breach in Pakistan has reportedly exposed the personal information of thousands of individuals, including federal ministers and senior government officials.
The Express News reports the compromised data is being sold online and includes the addresses of mobile SIM owners, call logs, copies of national identity cards and international travel records.
The leak spans multiple tiers of government, affecting figures from the Pakistan Telecommunication Authority (PTA) to cabinet-level officials.
Authorities such as the PTA and the National Cyber Crime Investigation Agency (NCCIA) have offered little public response, even after claiming that offending websites had been taken down, as enforcement efforts attract criticism.
Dozens of online platforms are selling sensitive data cheaply, according to the report (via The Express Tribune). This includes mobile location data for 500 Pakistani rupees ($1.76), detailed call records for PKR 2,000 ($7), and travel histories for PKR 5,000 ($17.55). Intelligence sources warn that such data could be weaponized by malicious actors to target individuals with minimal effort or cost.From: Pakistan suffers data breach with copies of national ID, sensitive data on sale | Biometric Update.
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Snippings