Day: March 11, 2022

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Now You Can Try ‘Teleporting’ Bitcoin for Greater Privacy With CoinSwaps

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“Imagine a future where a user, Alice, has bitcoins and wants to send them with maximal privacy, so she creates a special kind of transaction. For anyone looking at the blockchain her transaction appears completely normal with her coins seemingly going from address A to address B. But in reality her coins end up in address Z, which is entirely unconnected to either A or B,” Belcher writes. In a sense, the transaction is being “teleported” elsewhere, hence the project’s name “Teleport.” Original

White House, G7 Say New Guidance Is Coming on Crypto Sanctions Evasion

“It’s hard” to move billions of dollars worth of crypto, Redbord noted. It’s possible some oligarchs might turn to crypto, but that may not be their first choice. Redbord, who was with the U.S. Treasury Department prior to joining TRM, said crypto could be part of the sanctions-evasion playbook, but oligarchs already have a complex set of tools they might turn to first to preserve their wealth, including the use of shell companies and purchasing high-end art. Source

Dogecoin Sees Rapid Accumulation Following Price Drop To $0.11

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Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that…

Valkyrie Investments‘ Leah Wald on Bitcoin ETFs and the future of digital assets

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Cointelegraph sat down with Leah Wald, CEO of digital asset investment firm Valkyrie Investments, to learn more about the importance of a Bitcoin (BTC) exchange-traded fund (ETF) and the future of digital assets.  For context, Valkyrie Investments was launched in 2021 and is one of the only asset managers to have three Bitcoin-adjacent ETFs trading on the Nasdaq. Valkyrie launched a Bitcoin Strategy ETF in October 2021 that offered indirect exposure to BTC with cash-settled futures contracts following a United States Securities and Exchange (SEC) approval for a similar ETF from…

Ukraine Details What Crypto Donations Are Being Spent On

Ukraine has revealed for the first time how exactly crypto donations have been used to support its resistance against Russia’s invasion. Alex Bornyakov, Ukraine’s Deputy Minister in the Ministry of Digital Transformation and the de facto crypto spokesperson for the government, shared the details in a tweet on Friday. Source