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Privacy Options Underutilized in Cryptocurrency Usage: Report


Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...

Biggest Darknet Market Allegedly Exit Scams USD 30M In Crypto - Report


Leading darknet market Empire Market has reportedly shut down its operations, exit scamming the site’s estimated 1.3 million users out of some bitcoin (BTC) 2,638, worth close to USD 30 million. Reported by dark.fail, a journalist specialized in covering the darknet, the development comes with...

Crypto Exchanges as Competitive as Google, JPMorgan, the Fed - Report


Business is booming for crypto exchanges, per a new report, which claims that the industry is becoming as competitive as tech giants, major banks – and even the American central bank. These were the findings of a paper from Coin Metrics, whose authors wrote, “The crypto industry, and exchanges...

BIS Report: CBDCs Are on the Way, But They Won’t Replace Cash


Soure: Adobe/syahrir The Bank for International Settlements (BIS) has talked up central bank digital currencies (CBDCs) again, but insists that state-issued tokens would not make cash obsolete – and will instead work alongside fiat. These were the findings of a new paper entitled “Rise of...

USD 50B in Crypto from Asia Hints at Chinese Capital Flight – Report


With more than USD 50 billion in crypto leaving wallet addresses tied to East Asia and headed to other regions around the world over the past 12 months, signs point to crypto increasingly being used to evade strict Chinese capital controls, a new report from on-chain analysis firm Chainalysis...

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