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CashFusion introduces eCash wallets for maximum privacy on Blockchains
26.3.2024
A non-custodial wallet such as CashFusion has effectively bolstered the security of numerous users in the aftermath of cryptocurrency scams. These solutions enable more users to put their trust in the crypto ecosystem and safely manage their assets without worrying about security loopholes....
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...
Coinbase launches feeless membership for TRUST’s travel rule service, enhancing user privacy
22.3.2024
Coinbase has introduced the option of a feeless membership facility for the travel rule universal solution technology (TRUST), a travel rule service. It is industry-propelled and considers client safety and privacy its topmost priority. TRUST is a prime travel rule service targeting virtual asset...
Spanish Court Upholds Privacy Watchdog’s Decision to Halt Worldcoin Activities
19.3.2024
The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined that the defense of the general interest of protecting the people’s data must prevail...
Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit
15.3.2024
In response to a ban in Spain, Worldcoin undergoes an audit to prove the privacy and security measures of its Orb technology, emphasizing the protection of users' iris codes.
The post Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit appeared first on Cryptonews
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
How Monero became extremists’ privacy coin of choice?
11.3.2024
Cryptocurrencies have been the preferred medium for financial transactions among extremist groups, resulting from their use of pseudonyms and organization structure. In the beginning, these groups centered on Bitcoin, but now they have shifted to some other privacy coins, e.g., Monero, so attention...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews
French Cryptography Startup Zama Raises $73M for Blockchain, AI Privacy Apps
7.3.2024
French cryptography startup Zama has raised $73 million in a Series A funding round led by Multicoin Capital, Protocol Labs and participation from well-known crypto players such as Polkadot co-founder Gavin Wood, and Solana co-founder Anatoly Yakovenko.
The post French Cryptography Startup Zama...
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
Spain Halts Sam Altman’s Worldcoin Eyeball-Scanning Venture Over Data Concerns
6.3.2024
Spain's data regulator, the Agencia Española de Protección de Datos (AEPD), has instructed Sam Altman's cryptocurrency project, Worldcoin, to halt its operations in the country. This includes stopping the collection of private data through eye scans and ceasing the use of previously gathered data...
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...
Simplified KYC Means DeFi Compliance Without Compromising On Privacy
5.3.2024
It’s almost impossible to remain anonymous in the traditional financial world because banks and other financial institutions will always demand some form of identity before they do business with anyone. That’s in stark contrast to crypto and decentralized finance, where users interact via their...
Unveiling the Dark Web: How Privacy Coins Fuel the Trade of Criminal Material Online
1.3.2024
Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as legal tender among dark web vendors of CSAM. Like other things listed on the dark web, CSAM is often...
Shiba Inu Adopts Tech to Bring More Privacy For SHIB Token Holders
29.2.2024
Shiba Inu ecosystem token TREAT will power the “new privacy layer” for the Shibarium blockchain
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
Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution
28.2.2024
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution.
The post Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution appeared first on Cryptonews
Republican Senators Propose Legislation to Prohibit CBDC: The Hill
27.2.2024
U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data.
The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews