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United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing in the second quarter of 2022 in a bid to increase the transparency of its listing process. Responses to the release were mixed and led to some allegations of insider trading by crypto sleuths, while a majority of crypto traders took a deeper dive into the list in an attempt to discover diamonds in the rough. Following a week’s worth of trading that saw many of the tokens on the list experience pump-and-dumps, the dust is beginning to settle revealing Morpheus Labs (MITX), Kromatika (KROM) and Big Data Protocol (BDP) as the top three gainers from the Coinbase announcement. Morpheus Labs Mor...
Image sourced from Pixabay Even though data has become the lifeblood of every organisation, it is still not accessible (or even understandable) to all employees. The potential of data is virtually limitless. It can be used to transform, enrich, and boost companies by harnessing the value of the information they have at their disposal. To do so, however, requires decision-makers to embrace the concept of ‘data democratisation’. Data democratisation can be defined as the process of making digital information accessible to the average non-technical user of information systems, without having to require the involvement of IT. Sounds straightforward. In practice, it requires organisations to navigate the complexities of their data real estate and find more effective ways of promoting collaborat...
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Image sourced from Pixabay In today’s corporate world data is power, and for a business strategy to be worthwhile, it must be supported by substantial data. Moreover, without research, it will be difficult for organisations to identify areas of improvement. It is important for business owners to learn how to collect relevant data. In order to be usable, data must be accurate, complete, timely, and reliable – not just a random set of facts with no purpose. With the right context, data can help your organisation make informed, critical decisions. Why is Data Collection Necessary? For a variety of reasons, several types of data are collected and measured. For example, business owners can look into the purchasing histories of their customers to find out which products are popular among specifi...
New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about the breach aims to deter the intentions of bad actors in repurposing the user data for fraudulent activities. According to the announcement, the hackers gained access to BlockFi’s client data on Friday, March 18, that were stored on Hubspot, a client relationship management platform: “Hubspot has confirmed that an unauthorized third-party gained access to certain BlockFi client data housed on their platform.” As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers. Historically, bad actors have used such information for conducting phishing attacks and gaining access to acc...
In the emerging Web3 world, data is the most valuable commodity, and oracle solutions provide a valuable role in facilitating the accurate and secure transmission of data between blockchains and data sources. One project that is taking a different approach to developing oracles is API3 (API3), a project which harnesses application programming interfaces (APIs) to create first-party oracles through the use of decentralized APIs capable of broadcasting data directly to blockchain networks. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $3.22 on Feb. 3 the price of API3 climbed 72% to reach a daily high of $5.55 on Feb. 17 as the wider cryptocurrency corrected after news of Russia escalating it’s incursion into Ukraine made waves in the news....