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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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