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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WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review

The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system. The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum’s Global Future […]

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Zcash celebrates first halving with implementation of ‘Canopy’ upgrade

The upgrade establishes a development fund for the next four years and removes the controversial “Founders Reward.” Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18. The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and removes the controversial “Founders Reward.” The […]

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