Users vs. governments: The ‘infinity war’ for blockchain privacy may be over

The privacy paradox has a potential resolution — if both sides can accept compromise in an increasingly polarized financial system The unique power of blockchain and cryptocurrency can also be considered their weakness. Crypto users gain unparalleled privacy for financial transactions through a decentralized transactional system. Governments, however, demand transparency in financial transactions for legal […]

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19-year-old Ukrainian politician reports crypto holdings of $24M in Monero

Ukrainian government officials are investing in cryptocurrency. A newly appointed official in Ukraine has officially declared his cryptocurrency holdings including a significant amount of privacy-focused cryptocurrency Monero (XMR). Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth […]

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Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways

Declining volume and resistance at $19,500 are pinning Bitcoin price into a tightening range. As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the price gave way, falling below the […]

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It’s not about data ownership, it’s about data control, EFF director says

She believes that by agreeing to certain “Terms of Service,” users abdicate a portion of their rights. As technology advances, personal data becomes an increasingly relevant topic. Many in the crypto industry hold sovereign finance and data privacy in high regard. Participants’ best efforts may be undermined by centralized businesses and regulating bodies, however, according to Cindy […]

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Bitcoin theft is likely to surge in meager post-COVID economy: report

Cybercriminals may favor a different cryptocurrency in the coming months, however. Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of financial attacks […]

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