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US Senator Says ‘So Much Appeals to Me About Bitcoin’
11.4.2024
U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as...
‘Garbled Circuits’ Enable Transactional Confidentiality, Encourage Enterprise Web3 Adoption — COTI Co-Founder
9.4.2024
According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often...
Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich
3.4.2024
According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such...
Data Ownership Protocol Raises $162M in Token Sale
3.4.2024
Data Ownership Protocol announced it has raised $162 million in a token sale ahead of upcoming mainnet launch.
The post Data Ownership Protocol Raises $162M in Token Sale appeared first on Cryptonews
Zano Blockchain’s Hard Fork Facilitates Privacy Coin Creation, Introduces Confidential Assets
25.3.2024
The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet their specific needs. These custom tokenized assets or confidential assets, will be untraceable on the Zano blockchain. The team believes that...
Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?
22.3.2024
The Worldcoin Orb, a futuristic iris-scanning device for identity verification, has open-sourced its software. Developers can now review the components on GitHub, allowing transparency into the project's data privacy measures. Stay updated on the Worldcoin Orb and what it means for user data...
Reddit Is Making a Deal With the AI Devil
14.3.2024
The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO...
How a Bitcoin Mixer Laundering Conviction Might Be Appealed
13.3.2024
Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps
7.3.2024
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data, useful for privacy in blockchain and AI
South Korea Launches Investigation Into Worldcoin’s Data Collection Practices
6.3.2024
The government of South Korea has opened an investigation into Worldcoin, the iris scanning cryptocurrency and digital wallet project. According to a press release, the Personal Information Protection Commission, the data privacy watchdog in the country, will investigate the actions taken...
Aleo Quells Community Fears Following KYC Leak
28.2.2024
Aleo blockchain has addressed community fears about the recent information leak calling it a copy-and-paste error.
The post Aleo Quells Community Fears Following KYC Leak appeared first on Cryptonews
Future AI Models Will ‘Know Users Better Than They Know Themselves’ – Calanthia Mei
26.2.2024
The rapid proliferation of artificial intelligence (AI) models in recent years is contributing to the escalating problem of personal data harvesting, or “grabbing,” by major tech companies, Calanthia Mei, the co-founder of the data marketplace Masa, has argued. Mei, a Web3 builder...
User Alert: Tornado Cash Developers Warn of Risk to Funds Deposited Since Jan. 1
26.2.2024
Tornado Cash developers have issued a scam warning to cryptocurrency users who made deposits via the IPFS’ gateways between Jan. 1 and Feb. 24. Developers suspect that an exploiter may have “leaked” Tornado Cash deposits during this period to a server under their control....
Fluidkey Launches to Tackle the Transaction Privacy Issues on EVM Chains
24.2.2024
Fluidkey has announced it has opened its Optimism-based alpha to more users, allowing them to test their private solutions. Fluidkey seeks to solve the transaction privacy problem in EVM chains by leveraging ENS and stealth addresses, allowing users to use a new self-custodial asset for each...
Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust Allocation
22.2.2024
According to a recent Form N-1A, Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the privacy and cybersecurity realm. The Grayscale Privacy ETF aims to be the first to encapsulate the burgeoning sector...
Privacy Coins Under Attack – Not Down for the Count Yet
22.2.2024
The delisting of monero by Binance marked a significant turning point for privacy coins, showcasing the growing impact of regulatory demands on privacy-focused projects, while also spotlighting emerging projects like Zano that aim to navigate these challenges. Regulatory Pressures Set to Reshape...
Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering
22.2.2024
Crypto-focused asset manager Grayscale filed for a privacy-focused exchange-traded fund (ETF) to the US Securities and Exchange Commission on Tuesday.
The post Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering appeared first on Cryptonews
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
16.2.2024
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that,...
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence
6.2.2024
The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria, Binance announced that monero, along with three...