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Privacy coins no more? CipherTrace files patents for tracing Monero transactions

Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero.In a Nov. 20 blog from CipherTrace, the firm stated that the patents would include forensic tools to explore Monero (XMR) transaction flows to assist in financial investigations,

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Why FinCEN Wants Details on All Cross-Border Transactions Over $250

U.S. regulators are discussing the “why” of a new proposal that has crypto fans concerned.Speaking Monday at the V20 Virtual Asset Service Providers Summit, Carole House, cyber and emerging tech policy specialist at the Financial Crimes Enforcement Network (FinCEN), said criminals are conducting cross-border payments using smaller amounts of cryptocurrency

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IBM Scores Patent on Proposed Blockchain Consensus for Transactions in Multiplayer Games

Tech giant IBM has been granted a patent on a blockchain-based consensus model envisioned for use in handling transactions within multiplayer games with a large user base. The U.S. patent, titled “Gaming consensus protocol for blockchain,” was awarded last week and proposes the model of electing a subset of any game’s

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Market Wrap: Bitcoin Ascends to $16.8K; Uniswap and Tether 35% of Ethereum Transactions

Bitcoin is knocking at the gates of $17,000 while Ethereum’s transaction growth in 2020 is a positive indicator of future financial use cases.Bitcoin (BTC) trading around $16,829 as of 21:00 UTC (4 p.m. ET). Gaining 6.1% over the previous 24 hours.Bitcoin’s 24-hour range: $15,792-$16,851BTC above its 10-day and 50-day moving

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MuSig 2 Will Offer Less Complex, More Private Multi-Sig Transactions

With Bitcoin’s long-awaited Taproot upgrade on the horizon, the engineers at Blockstream are working on a new scheme to improve multi-signature transactions. These transactions, which require signatures from more than one private key to authorize spends, will stand to benefit from Taproot. This upgrade implements Schnorr signatures into Bitcoin’s codebase, a

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Blockchain Bites: Digital Yuan’s 4M Transactions, Bitcoin’s 33-Month High, Uniswap’s Second Governance Vote

October saw the first time the total value locked in all DeFi protocols closed below the month’s starting value. Square Crypto is sponsoring a bitcoin wallet designer. A new civil suit alleges BitMEX executives were looting profits.At stakeDeFi contractionIn the last week of October, DeFi protocol tokens were bleeding red. MakerDAO,

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