Monero’s compliance workgroup concludes that FinCEN Funds Travel Rule does not apply to underlying assets and cryptocurrencies such as XMR. The Monero Compliance Workgroup has stated that the Monero (XMR) network is not subject to U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule, in a Dec. 5 blog post. What…
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Brave’s daily active users have tripled in 2019 to reach 3.3 million, while the number of verified publishers recorded a 12x increase. Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU)…
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Open Privacy, a non-profit group working on a decentralized metadata-resistant messenger, received 1,044 ZEC from Zcash. The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from…
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VideoCoin is gearing up to reinvent outdated PPV content consumption to battle Disney+ and Netflix, privacy still an issue to be resolved. For the past few months, the modern world has witnessed TV providers battle it out for the exclusive streaming rights for consumer-favorite shows such as Seinfeld, Friends, The Big Bang Theory, The Office…
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Launched on Nov. 24, a new cryptojacking campaign uses Docker platforms that have API endpoints exposed online to mine XMR. A group of hackers has launched a new cryptojacking campaign on Nov. 24, scanning as many as 59,000 IP networks to find Docker platforms that have API endpoints exposed online, business technology publication ZDNet reports…
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Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero in 2020 due to money laundering concerns. Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision “Monero (XMR)…
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In a hearing on Thursday, the Congressional Fintech Task Force questioned expert witnesses on the outlook for consumer data protection in a quickly changing industry. On Nov. 21, the United States Congressional Task Force on Financial Technologies held a hearing on the role of big data in financial services. The last major legislation focused on…
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The U.S. Deputy Treasury Secretary argued that decentralized privately-issued cryptos can shift some functions of the state to the private sector. The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to the private sector. Deputy Secretary of the Treasury Justin Muzinich presented his view on…
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A new report from the non-profit Human Rights Foundation analyzes the censorship and privacy landscape of stablecoins. The non-profit Human Rights Foundation (HRF) has analyzed the censorship and privacy landscape of stablecoins in a report published on Nov. 20. For privacy coins that are not stablecoins, the largest single-week losses so far this year have…
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The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin donations via the Lightning Network. The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network. The organization announced on Nov. 19 that it will accept…
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