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Data encryption a threat to fighting child sexual abuse, says DOJ

The U.S. Department of Justice has released an international statement claiming that end-to-end encryption “poses significant challenges to public safety,” including sexually exploited children. In an Oct. 11 statement from the DoJ, the agency called on technology companies to work with the government to find a solution for strong data encryption

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Prospective Node Operators Stake $125M in ETH to Participate in NuCypher Encryption Network

Encryption startup NuCypher has finished distributing its network’s native token, NU, to over 2,000 prospective node operators who staked more than $125 million worth of ether (ETH) during the month of September. NuCypher’s system will hit Ethereum’s mainnet on Oct. 15.Primarily marketed as a solution for developers building decentralized applications

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Secure Encryption Key Management Modules, Explained

Multiparty computation, or MPC, allows different parties with their own private inputs to conduct a joint computation on their inputs. The parties learn the outcome of the computation, but each learns nothing about the other parties’ respective inputs. An algorithm created by cryptographer Adi Shamir, called Shamir’s Secret Sharing,

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China Prepares for CBDC With Cryptography Law on Encryption Standards

On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide scale. Some local media outlets rumor that the law is paving

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Can Bitcoin Benefit From New ‘Impossible to Crack’ Encryption Chips?

A team of researchers claims that the prototype silicon chip that they developed enables encryption that is impossible to break. According to an article published on Dec. 20 by scientific paper publication outlet Nature, the system uses chaotic wavepackets in conventional Silicon-based semiconductors.The chip was developed by scientists from

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Encryption Startup NuCypher Raises Over $10M from Bitmain and Polychain

Encryption startup NuCypher raises $10.7 Million in a simple agreement for future tokens (SAFT) from venture capital heavyweights, including Bitmain, Bitfury, Polychain Capital and others.Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital

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