The foundation launched an updated version of FROST to sign transactions between participants that own a single private signing key. The Zcash Foundation announced an updated version of its flexible-optimized schnorr threshold signature scheme, FROST. This update aims to reduce interactions between participants. FROST is the result of a collaboration between Zcash and the University…
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Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy. Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and the company’s practice…
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Unstoppable Domains’ new chat protocol enables users to store data on their own servers through crypto wallets and P2P network integration. Unstoppable Domains, a Tim Draper-backed startup focused on blockchain-based uncensorable websites, has launched a decentralized chat protocol. The so-called “Unstoppable Chat”, or simply “dChat” aims to promote confidentiality through a peer-to-peer network and end-to-end…
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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 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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John McAfee-backed privacy coin Ghost Coin partners with ivendPay as a payment option for Hong Kong vending machines. Ghost Coin, the proof-of-stake privacy coin led by John McAfee, can now be used in vending machines in Hong Kong Disneyland. Ghost announced on Twitter that it partnered with crypto payment system ivendPay to deploy the coin…
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Blockchain technology can help to build a self-sovereign financial system where privacy belongs to the people. Contrary to popular belief, privacy is not for those with something to hide but with everything to lose. Authoritarian governments across the globe are increasingly using surveillance to control their citizens at the expense of personal freedoms and civil…
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Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet. Telegram, a major privacy-focused messaging app, has suffered a data leak that exposed some personal data of its users on the darknet. A database containing the personal data of millions of Telegram users has been posted…
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