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$SEI WILL BREAKOUT BUY BUY
#CPI_BTC_Watch #KoreanWon #LowestCPI2021 #BinanceTurns7 #DOGSONBINANCE $BTC $ETH
#CPI_BTC_Watch #KoreanWon #LowestCPI2021 #BinanceTurns7 #DOGSONBINANCE $BTC $ETH
Coinone has officially listed Pax Gold (PAXG) on its Korean won market. Starting today, users can make deposits of PAXG at 10:00 AM KST, and withdrawals will be available from 5:00 PM KST. This listing provides Coinone users with the opportunity to trade PAXG against the Korean won, expanding the platform's range of cryptocurrency offerings. Pax Gold is a digital representation of physical gold, making it an interesting addition to the exchange's portfolio. 🚀📈💰 #Coinone #PAXGold #KoreanWon #CryptocurrencyExchange
Worldcoin Fined 1.1 Billion Korean Won
The Worldcoin Foundation and Tools for Humanity have been penalized by South Korean authorities for unlawfully collecting and transferring biometric data.
On September 26, the Personal Information Protection Commission announced a fine of 1.1 billion Korean won (approximately $850,000) against Worldcoin and its partner, Tools for Humanity.
The privacy watchdog initiated an investigation into Worldcoin following complaints and media reports suggesting that the project was gathering biometric data in exchange for cryptocurrency without obtaining proper consent or a legal basis.
Worldcoin has conducted iris scans on around 30,000 individuals in South Korea. The investigation revealed that both the Worldcoin Foundation and Tools for Humanity, which oversees the World App cryptocurrency wallet, breached South Korean laws by collecting iris data from nearly 30,000 users without appropriate consent.
Moreover, Worldcoin transferred this biometric information overseas without notifying users about the recipient countries or providing necessary contact details, as mandated by local laws. The commission also pointed out that the Worldcoin Foundation did not adequately inform users about the data's purpose, retention period, and other essential information. Initially, the consent form was only available in English, which hindered local users' understanding until a Korean version was made available in March.
In its defense, Worldcoin claimed that the iris code data was used solely to prevent duplicate registrations and was anonymous, thus not identifying individuals. However, the commission dismissed this argument, stating that iris code data is unique, unchangeable, and directly associated with individuals.
Worldcoin's contentious iris scanning practices have attracted scrutiny from regulatory bodies in countries such as India, Hong Kong, and Germany.
#worldcoin #biométricos #IrisScan #KoreanWon
On September 26, the Personal Information Protection Commission announced a fine of 1.1 billion Korean won (approximately $850,000) against Worldcoin and its partner, Tools for Humanity.
The privacy watchdog initiated an investigation into Worldcoin following complaints and media reports suggesting that the project was gathering biometric data in exchange for cryptocurrency without obtaining proper consent or a legal basis.
Worldcoin has conducted iris scans on around 30,000 individuals in South Korea. The investigation revealed that both the Worldcoin Foundation and Tools for Humanity, which oversees the World App cryptocurrency wallet, breached South Korean laws by collecting iris data from nearly 30,000 users without appropriate consent.
Moreover, Worldcoin transferred this biometric information overseas without notifying users about the recipient countries or providing necessary contact details, as mandated by local laws. The commission also pointed out that the Worldcoin Foundation did not adequately inform users about the data's purpose, retention period, and other essential information. Initially, the consent form was only available in English, which hindered local users' understanding until a Korean version was made available in March.
In its defense, Worldcoin claimed that the iris code data was used solely to prevent duplicate registrations and was anonymous, thus not identifying individuals. However, the commission dismissed this argument, stating that iris code data is unique, unchangeable, and directly associated with individuals.
Worldcoin's contentious iris scanning practices have attracted scrutiny from regulatory bodies in countries such as India, Hong Kong, and Germany.
#worldcoin #biométricos #IrisScan #KoreanWon
A handful of South Korean gamers were treated to an unintended limited-time offer for the popular computer game #Diablo4 on Wednesday, when its publisher inexplicably put it on sale for 1,575 won ($1.20) for less than an hour in the wee hours of the morning.
The short-term price for the standard edition of the action role-playing game developed and published by #BlizzardEntertainment was posted at the company's Battle.net website some time before 3 a.m. It reverted to its initial price of 62,400 won around 40 to 50 minutes later.
Very few people were even aware of the brief unexpected deal offered by Blizzard, due to it being well before the crack of dawn, but some who shared the information via various gamers' websites said they got the game at the bargain price. One user of a local gamers' website posted at 2:48 a.m. about the discount, along with an image confirming the purchase at the low price.
Details about the inexplicable bargain are unclear, as Blizzard has not offered an explanation. Since Diablo is sold across the world, some have hypothesized that the company officials confused the monetary unit in Korean with that for another country.
It is possible that Blizzard confused the #KoreanWon for the New Taiwan dollar, as the official price in Taiwan for the standard edition was exactly NT$1,575 ($49.50) as of Wednesday.
Diablo 4 is the fourth edition of the popular Diablo series, following a group of heroes fighting demons in a fictional world.
The short-term price for the standard edition of the action role-playing game developed and published by #BlizzardEntertainment was posted at the company's Battle.net website some time before 3 a.m. It reverted to its initial price of 62,400 won around 40 to 50 minutes later.
Very few people were even aware of the brief unexpected deal offered by Blizzard, due to it being well before the crack of dawn, but some who shared the information via various gamers' websites said they got the game at the bargain price. One user of a local gamers' website posted at 2:48 a.m. about the discount, along with an image confirming the purchase at the low price.
Details about the inexplicable bargain are unclear, as Blizzard has not offered an explanation. Since Diablo is sold across the world, some have hypothesized that the company officials confused the monetary unit in Korean with that for another country.
It is possible that Blizzard confused the #KoreanWon for the New Taiwan dollar, as the official price in Taiwan for the standard edition was exactly NT$1,575 ($49.50) as of Wednesday.
Diablo 4 is the fourth edition of the popular Diablo series, following a group of heroes fighting demons in a fictional world.