In the time of DeFi boom, how will Beam’s confidential DeFi stand different from others? Beam CEO Alexander Zaidelson spoke to Cointelegraph. On June 29th, major privacy cryptocurrency Beam underwent a hard fork to enable “Confidential DeFi” on Beam. In the time of the DeFi boom, how will Beam’s confidential DeFi be different from other […]
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As tech advances, so too, do the malware attacks. Amid a pandemic, ransomwares are turning to privacy-centric coins to get away with crime. As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of […]
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Bitcoin isn’t property under new Russian ruling while authorities in the U.S. and the EU challenge encrypted networks in this week’s Law Decoded. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The U.S. is preparing for its Independence Day tomorrow. New spikes […]
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The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong. In recent months, a number of class-action lawsuits have been filed against Ripple for selling its XRP token in an unregistered securities offering. So far, the United States Securities and Exchange Commission has not published any official statement on […]
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The IRS is looking to expand its investigative capabilities around privacy coins, layer-two solutions, and sidechains. The United States’ Internal Revenue Service (IRS) is seeking information and tools to help it trace transactions using privacy coins, layer two protocols such as Lightning Network and side chains like Plasma and OmiseGo (OMG). A June 30 request […]
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Authorities across Europe take down an organized crime syndicate that used an encrypted chat network to coordinate their illicit activities. Law enforcement authorities throughout Europe arrested over 800 individuals that allegedly were using an encrypted chat network to coordinate their illicit activities. 60,000 members EncroChat was using modified Android devices to provide its users “worry […]
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Despite a growing number of advanced privacy features, Bitcoin Cash seems to have fallen out of favor with Dark Web operators. According to crypto advocate Roger Ver, Bitcoin Cash (BCH) is the only “recent” coin to be widely used on the dark web. “The only other coins being used on the darknet markets are the […]
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Major Ether wallet service and browser extension, Metamask, introduces newly released version featuring enhanced privacy control. Metamask, a popular Ether (ETH) wallet and browser extension, has just released a new major application upgrade. Announcing the news on July 2, Metamask outlined that the new update, Metamask Version 8, offers a number of new features like […]
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The three-year old Common Reporting Standard is uncovering offshore assets on a massive scale, highlighting cryptocurrencies as a potential alternative. The Organization for Economic Cooperation and Development, or OECD, reported on Tuesday how automatic reporting in 2019 helped uncover $11 trillion worth of assets in offshore accounts. The result came as the Common Reporting Standard, […]
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A court has likened Coinbase to a “traditional bank” in rejecting an appeal from a convicted child porn purchaser who appealed using the Fourth Amendment. A three-judge panel has ruled that FBI agents who subpoenaed Coinbase records to show a man had used Bitcoin to access child pornography did not violate his Fourth Amendment rights. […]
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