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Future Bleak for Private Stablecoins, SFB Economist Says

Speaking on a Unitize digital conference panel, Peter Dittus, chief economist for SFB Technologies, said he does see a place for privately-issued stablecoins. "I don't see a great future," Dittus said of stablecoins on the June 7 panel, live streamed by Cryptox. Two stablecoin classifications existStablecoins exist in two categories — privately

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Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash

On July 4, 2020, the Bitcoin Cash proponent Cain published an interview with the blockchain developer, Shammah Chancellor, about a new project called Stamp Chat. At its basic level, “Stamp is a prototype of a layer-2 private messaging and payment system on Bitcoin Cash. It implements stealth [plus] confidential

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Cryptography Startup Brings Private Payment Channels to Tezos Blockchain

Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos.  The startup is now working with Tezos developer groups Nomadic Labs and Metastate to implement the tech in the next network update.  Similar to the Lightning Network, zkChannels is a payment channel for blockchains but with zero-knowledge proofs attached.

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Ngrave Launches Physical Encrypted Private Key Backup

Digital asset security firm Ngrave announced the launch of a recoverable, encrypted private key backup engraved on a steel plate for cryptocurrency hardware wallets.According to the announcement on June 10, Ngrave Graphene is now available to the public after raising more than $159,000 from a crowdfunding campaign on Indiegogo.Ngrave Graphene

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Ethereum Significantly Less Private Than Bitcoin, New Research Shows

A paper published on May 29 by Ferenc Béres and a team of primarily Hungary-based researchers analyzed the Ethereum blockchain to find out how easily its transactions can be de-anonymized.The research, which has not yet been subjected to peer review, focused on several Ethereum-specific features that overall make the network

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Largest Private Investment Bank in Latin America Issues Real Estate Tokens on Tezos

Banco BTG Pactual is issuing its security tokens representing investment in real estate on the Tezos (XTZ) blockchain. Previously, the bank had issued its ReitBZ tokens on the Ethereum blockchain, raising $10 million in Ether (ETH) and Gemini Dollars (GUSD). Which blockchain will prevail in the future?Andre Portilho, head of digital assets

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Europe’s Largest Private Hospital Hit By Crypto Ransomware Amid Pandemic

Hackers infected the IT infrastructure of the largest private hospital in Europe with ransomware.Cybersecurity news outlet, KrebsonSecurity, reported on May 6 that hackers compromised the IT systems of Germany-based private hospital, Fresenius. An anonymous source reportedly informed the outlet that the hospital’s systems were infected by the ransomware known as

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