ZK-proofs could help online privacy by only revealing relevant user information, solving the internet’s biggest problem, says Brennen Schlueter.
Privacy Coin News
The Latest In CryptoCoin Privacy
Despite the widespread belief that Bitcoin is anonymous and private, Bitcoin and most other cryptocurrencies’ privacy isn’t always good enough by default. Bitcoin’s balances are public, and addresses cannot offer more than pseudonymity. There are some services that can help with masking transactions, but they are not popular and easy enough to gain a large user-base and they also often have fees. Some news about Bitcoin privacy is promising: the implementation of SegWit and the use of the Lightning Network might be first steps in improving privacy. Some developers are focusing on the privacy of cryptocurrencies and developing protocols suitable for private transactions. Today, there are more and more cryptocurrencies that uses different privacy technologies but have their focus on anonymous transactions. Still, popular cryptocurrencies are trying to have the feature of public transactions as they may be used in business banking.
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The funds will be utilized to expand the network, attract more users and explore diverse use cases for Manta Pacific.
893Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology.
15798The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency?
7881Several members of the House of Lords voiced concerns about children’s online activities in legislation aimed at regulating “anything communicated by means of an internet service.”
1731A week after Google updated its privacy policy to allow data scraping for AI training purposes, the company faces a class-action lawsuit.
7299Arkham CEO Miguel Morel said public blockchains are “probably the worst possible way of keeping one’s private information private.”
6294KYC is an important measure for crypto exchanges to protect and recover user funds in the case of theft or hacking, KuCoin CEO Johnny Lyu said.
2196The latest updates to Google’s privacy policy reveal that Google may use any public information available to train its various AI products and services.
20995The network previously allowed users to post on-chain messages but only in an unencrypted, completely public way.
4449Those of us in Italy and surrounding countries will be allowed to continue trading Zcash, Monero and other coins that Binance sought to condemn as unworthy.
5043When you use a “free” product like ChatGPT, your personal data is the product — and governments across the globe are using that to their advantage.
3405Moshe Hogeg said he was a “small” but “significant” part of the Tomi team, handling a network solution that seemed to allow transactions of ERC-20 tokens without an Etherscan record.
3080United States Treasury official Graham Steele told an audience at a Texas payments conference that a future central bank digital currency in America should consider anonymity.
8045Layer-2 scaling, wallet security and privacy-preserving features are all necessary to secure Ethereum’s future, according to the Ethereum co-founder.
9272Binance betrayed our interests with its decision to delist privacy coins. In the long run, it may mean that users leave Binance in the dust.
6410The wallet developer also raised $4.5 million from Hack VC and other firms to further advance ZK-based enterprise solutions.
3069Binance users in France, Italy, Poland and Spain will no longer be able to buy or sell 12 privacy tokens starting from June 26.
12597A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators.
2546Attorney Marta Belcher joins The Agenda podcast to unpack financial surveillance’s vast infrastructure and warn of the potential ramifications of central bank digital currencies.
3517It’s always been possible to store arbitrary data alongside blockchain transactions, but NFTs on Monero introduce a slew of new concerns.
7174Ledger’s decision to introduce a third party to your wallet seed phrase could appeal to both governments and hackers.
6430Messaging app Telegram denies users were at risk after a security exploit was discovered that could allow attackers to gain control of a macOS device’s camera.
4571Explore how to use a VPN for enhanced online security and privacy using step-by-step instructions.
2348A look inside the AI black box problem: confronting the trust dilemma and unearthing strategies for transparent AI.
26526Asking exchanges to identify users might seem like a minor inconvenience, but could it drive DeFi firms overseas, and would crypto users even care?
1481The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users’ fingerprints and facial scans.
4072Senators Elizabeth Warren and Roger Marshall want to make your crypto wallet illegal — and their plan runs contrary to the principles they campaigned on.
111969The Agenda podcast chats with DarkFi to explore how Rojava is experimenting with cryptocurrency and why encryption and anonymous spaces are critical for building self-autonomy.
3919The plugin will allow the AI chatbot to check wallet balances, transfer tokens and purchase NFTs when OpenAI makes plugins more widely available.
9379Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity.
4766Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed.
5142The American credit reporting agency is teaming up with Spring Labs and Quadrata for a new service that should make DeFi borrowing easier and less risky.
4202AI and blockchain have the potential to transform industries, enhance data privacy and optimize trade and asset management.
15014Trezor Model T users can now hide their transaction history and balance while purchasing, donating and making other transactions with Bitcoin.
8508The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.
4300Learn about the ethical considerations in AI development and deployment, including fairness and algorithmic ethics.
35What are the risks associated with Web3, and how is one specialized Web3 protection tool helping users navigate this new digital landscape with confidence?
17464The incident affected users who submitted a MetaMask customer service ticket between August 1, 2021 and February 10, 2023.
6528A researcher at the Ethereum Foundation says he had “internally” discovered that staking Ether reveals a user’s IP address information.
7271The advocacy group was joined by the DeFi Education Fund in arguing that the crypto mixer has important social functions and that the sanctions from the Office of Foreign Assets Control could set a dangerous precedent.
1992Who watches the watchers? CryptoHarlem founder Matt Mitchell explains why surveillance is the enemy
by Ray Salmond
CryptoHarlem founder Matt Mitchell says government and corporate surveillance and citizens’ inability to protect against it are great threats to personal security.
3424Government should develop Know Your Customer procedures for social media and messaging services and take stronger measures to track cryptocurrency transactions.
1948The latest fork on the “roadmap” shores up the network’s new validation mechanism while finally allowing stakers access to their ETH rewards.
4768Despite advancements across the industry, many of today’s cryptocurrencies still have the same security protocols in place as first-generation releases.
29150The motion is part of a broader effort to restore internet privacy rights for United States citizens.
5058A decentralized autonomous organization could help solve concerns over issues including ChatGPT’s political biases and its potential for abuse.
3410How do Web3-based digital identity solutions empower users?
16724ChatGPT’s temporary ban in Italy over privacy concerns draws criticism from figures in the tech industry and the country, including expert Ron Moscona and Deputy PM Matteo Salvini.
4106The entity reportedly uses a range of 812 different IP addresses to obscure its identity while collecting data.
17836From forcing people to spend their money to making them save it, central banks around the world could soon use CBDCs to create a dystopian nightmare.
76720Lawmakers may be on the brink of scaring blockchain projects into moving offshore or causing them to shut down altogether.
2238Ethereum has adopted PoS and rollups to become faster and more eco-friendly, but now it’s time to focus on enhancing privacy.
26545Cointelegraph sat down with activist and cybersecurity expert Chelsea Manning to discuss how blockchain technology can combat challenges associated with artificial intelligence.
5269Aztec Network said the research made with Aztec Connect would be usable and critical to developing a next-generation blockchain.
5768Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds.
6966Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country’s national interests.
5228A group of pseudonymous developers from DarkFi spoke with Cointelegraph about how crypto is evolving amid privacy challenges, bad actors and government oversight.
2198Sending Labs is co-founded by developers of Dolphin, one of the earliest Android-based mobile browsers launched in 2011.
41733The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation.
7823The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.
7332As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises.
4175ConsenSys announced in November that Infura, MetaMask’s API provider, was collecting wallet and IP addresses from MetaMask’s users.
15459The new foundation will be governed by a board of three or more members, and no organization will hold more than one seat.
10201To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement.
237Regardless of whether the defendant sees the court notice, getting served via a nonfungible token “limits what the defendant” can do with the funds, according to legal experts.
5281While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions.
14622ConsenSys, the developer behind MetaMask, isn’t the only one snooping on our transactions, but they’ve taken the most heat for it.
4262The panel included the CEO of Circle, Finland’s minister of transport and communications, and other industry personalities.
6068Digital advocacy group Fight for the Future has rounded up a group of prominent signatories to its appeal for digital privacy, balanced power and human rights.
8357A trusted setup ceremony is an initial process needed to secure systems that utilize zero-knowledge proofs.
5030Companies are taking new approaches to building trust within Web3 and crypto products.
3131The hacker had demanded $200,000 to return the breached data back in December but warned that if their conditions are not fulfilled, they will release the data for free.
21498Want to keep the government from snooping on your transactional history? Start studying the forensics of crime and privacy on the blockchain.
2364Congress passed a law in November 2021 that required the new crypto rules to be issued.
23705Decentralized file-sharing services that Big Tech companies can’t control are the only way internet users will be able to maintain their freedom in the years ahead.
7113Treasury officials would have done more for national security by leaving Tornado Cash alone
by J.W. Verret
Tornado Cash contributes to our national security interests more than it undermines them.
5531Smart contacts capable of handling complex computations, while ensuring a level of privacy are the future for enterprise adoption.
10358From insurance to telehealth, smart contracts are finding use cases across the healthcare industry.
5966RNS’ on-chain KYC solution is designed on a “privacy engine” to encrypt users’ data.
3447Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it’s not given up its effort to digitize the supply chain industry.
10752Blockchain is undermining Big Tech companies and cloud providers, particularly when it comes to the Internet of Things.
10582Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency.
6990Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.
9641Humanode is the decentralized crypto-biometric network based on 1 human = 1 node = 1 vote ethos that brings Sybil resistance to the crypto space.
Celsius’ bankruptcy proceedings resulted in 14,000 pages of customer data leaking to the public. The incident displayed the pitfalls of centralized finance.
4704Meta announced its latest VR headset, Quest Pro, which includes a new eye and facial movement tracker said to enhance digital avatar expressions and realism.
4463Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.
2313Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war.
2835Trust Wallet CEO says the current bear market could provide an opportunity for the Web3 industry to address consumer concerns before the next bull market.
6009Six individuals are challenging the Treasury Department. Two seemingly separate stories. One terrifying precedent. It’s all about privacy.
8463BNB price has entered a symmetrical triangle formation, and the conflicting trends will decide the fate of the altcoin as it battles near $280.
8167The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.
6670The Arbitrum network allows users to use Ethereum more efficiently. Learn how to access it to pay lower gas fees and execute Ethereum transactions faster.
45196What is a decentralized identity, and why does it matter? In this guide, we break it down for you.
351The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus.
3319“No matter the cause, this is an absolutely horrible idea and you should walk this back immediately,” said Adam Cochran, a general partner at Cinneamhain Ventures.
2768Ryan Berckmans, an Ethereum community member and investor, discussed the potential consequences that the Tornado Cash ban could have on the future of the network.
5358It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up.
364As support for Tornado Cash developer Alexey Pertsev mounts, questions regarding the legality of his arrest and the future of DeFi innovation continue to come to the forefront.
2388Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tornado Cash.
5063Speaking with Cointelegraph, Ksenia Malik stated that Dutch authorities are treating her husband as if he were “were a dangerous criminal” and that the creation of open-source software should never be criminalized.
4659Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.
3118Like any aging empire, America is reacting to its competition. But with Tornado Cash, its reaction is likely to backfire.
3073The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain.
2753DeFi developers seriously need to consider working with regulators on compliance issues if they want their projects to succeed.
2931Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional inflows.
6680It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions.
17176Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate
by Zhiyuan Sun
U.S. persons and entities must comply with the Treasury’s sanctions or face possible criminal consequences.
4036“You would be able to eg. send an NFT to vitalik.eth without anyone except me (the new owner) being able to see who the new owner is,” said the Ethereum co-founder.
5588While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said.
2062Blockchain analytics firm Chainalysis highlighted that 10% of all funds coming from illicit addresses are sent to crypto mixers.
2719Businesses are in love with Web3 — but when it comes to this technology being used for dating apps, singletons might want to swipe left.
2679With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer.
5129The decentralized solution has grown in popularity over the past two years as more cryptocurrency users have sought privacy-preserving protocols.
2558The main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured.
4401Anoma founder Adrian Brink pointed out that using a transparent system means that “your neighbor can see how much money you hold, what your daily preferences are.”
2649Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector?
3584At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete.
4193Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations.
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