With the launch of Aztec, the Ethereum blockchain can finally become anonymous. What does this exactly mean, and how do we use it? On Feb. 1, part of the Ethereum (ETH) blockchain became anonymous. This is all thanks to the Aztec protocol that Thomas Walton-Pock and his team launched on the network’s mainnet last week. Aztec…
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Total darknet market sales in crypto hit a new high in 2019, for the first time surpassing $600 million, according to a new study by Chainalysis. The volume of cryptocurrency flows coming on darknet markets have doubled for the first time in four years, a new study says. In part of its 2020 Crypto Crime…
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The U.K.’s tax agency is stepping up its blockchain analytics operations. If other countries follow, will it spell the end for anonymity in crypto? The year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies. 2020, however, seems to be dousing those hopes with ever-tightening regulation that is…
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As the 5AMLD is signed into law, turbulent times lie ahead for the crypto industry, experts discuss the changes. On Jan. 10, the European Union’s 5th Anti-Money Laundering Directive (5AMLD), was officially signed into law. The legislation will give sweeping powers to compliance organizations and law authorities. However, aside from tracking dirty money to offshore…
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On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean? On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide…
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Coinbase CEO Brian Armstrong believes that a “privacy coin” go mainstream in the 20s. Brian Armstrong, co-founder and CEO of United States-based cryptocurrency exchange Coinbase, said that he believes a “privacy coin” will go mainstream in the 20s. In a post published on Coinbase’s official blog on Jan. 3, Armstrong said that he believes in…
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What are the key advantages and disadvantages of CBDCs? In recent months, the race for the development of a central bank digital currency is gaining pace. The last signal was launched by Chinese President Xi Jinping, who publicly stated the need to invest public resources in blockchain, slated to be the core technology of the…
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Zcoin launched a new platform designed to serve as a shift from direct funding from the block reward to a donation model. Privacy-focused cryptocurrency Zcoin (XZC) has launched a new crowdfunding system similar to one by another major privacy coin, Monero (XMR). In a Dec. 26 blog post, Zcoin announced the launch of the Zcoin…
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American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major…
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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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