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Blockchains Are an Excellent Solution for Privacy, Part 1

Several data violations, like the Cambridge Analytica scandal, have brought forth questions regarding how companies and governments should deal with the data entrusted to them, and they have also increased the search for the development of new technologies to preserve the privacy of companies and users.Consequently, countries and regulators have

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The Zcash Privacy Tech Underlying Ethereum’s Transition to Eth 2.0

Ethereum’s consensus algorithm is not the only thing changing with the launch of Eth 2.0. The underlying cryptography itself is getting an overhaul based on leading research out of the Electric Coin Company. Called BLS12-381, the new elliptic pairing curve will securely coordinate transactions on the proof-of-stake (PoS) Eth 2.0 network,

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JD.com Subsidiary Rolling Out Privacy Tech From Blockchain Firm ARPA

China’s second-largest online retailer, JD.com, is teaming with blockchain privacy platform ARPA to protect the financial data of major clients. Specifically, the data platform for the firm’s subsidiary JD Digits (formerly JD Finance) will integrate with ARPA’s blockchain-based network, which uses technology known as secure multi-party computation (sMPC). JD Digits was

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Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development

On June 10, 2020, the Human Rights Foundation (HRF) launched a fund that is dedicated to the development of tools that make the Bitcoin network “more private, decentralized, and resilient.” HRF’s initial gift of $50,000 will be given to the UK-based developer, Chris Belcher, who has been working on

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Human Rights Foundation Funds Bitcoin Privacy Tools Despite ‘Coin Mixing’ Legal Stigma

On one hand, the bitcoin industry has matured to include traditional brokerages and institutional traders. On the other, bitcoin privacy tech is still shrouded in a legal gray zone.  The Human Rights Foundation (HRF) took a strong stance on bitcoin privacy tech Wednesday by announcing its new Bitcoin Developer Fund. The

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Japanese Firm Unveils New Privacy Feature For Bitcoin Wallets

Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy.According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing it to the servers from which they request the balances or transaction history.The statement

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Bitcoin Privacy Wallet Wasabi Making Cops’ Jobs Harder: Europol Briefing

[sociallocker id="55298"] Europol, the European Union’s law enforcement agency, has its eyes on the popular bitcoin privacy tool Wasabi Wallet, documents verified by CryptoX show.  Marked for “law enforcement only,” a two-part report by Europol’s European Cybercrime Centre (EC3) analyzed the privacy tool’s impact on using the Bitcoin blockchain to investigate

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‘Careless’ Users Are Ruining Ethereum’s Privacy: Paper

Ethereum is losing its privacy, warns a new paper, as “careless” users make linking their addresses to real-world identities easy. With the disquieting title, “Blockchain is Watching You,” the paper – a joint-publication from researchers at the Institute for Computer Science and Control in Hungary, Eötvös Loránd University, Széchenyi

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Lightning Network Overhaul Could Strengthen Bitcoin Privacy – But Many ‘Ifs’ Remain

[sociallocker id="55298"] Research is being conducted. Experiments are brewing. Behind the scenes, Lightning Network developers are planning to (eventually) completely rewrite an important part of bitcoin. Known as Bitcoin’s second layer, since most of the action takes place off the blockchain, Lightning is being built out for faster, cheaper and more

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