How to Restore Our Right to Digital Privacy?

New generation blockchains increase throughput to several thousand transactions per second with new engineering solutions such as PBFT proof of stake. Decentralized exchanges are designed for those who value anonymity and independence from regulators. In this article, you will learn how to get back anonymous transactions in the blockchain system and why you need to pay attention to exchanges based on the “fifth generation” blockchain. How It All Started Crypto exchanges are a necessary tool for working with digital assets. The main flow of transactions goes through centralized exchanges like…

ICO and Office of the Privacy Commissioner, New Zealand, sign Memorandum of Understanding

The Information Commissioner’s Office (ICO) and the New Zealand Office of the Privacy Commissioner (OPC) have today signed a Memorandum of Understanding (MOU). The MOU builds on the existing strong relationship between ICO and OPC, recognising their shared common mission to uphold people’s information rights, while supporting digital innovation and economic development. Cooperation between international data protection authorities is essential in our times of global data-driven business and this MOU builds on the strong collaboration the two authorities already enjoy as active members of the Global Privacy Assembly, which the…

Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash – Privacy Bitcoin News

While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like Cashshuffle and Cashfusion. Since Cashfusion was introduced in November 2019, there’s been 67,845 fusions or $5.9 billion worth of bitcoin cash that’s been fused. Cashshuffle Still Gets Use With 65K Shuffles Since 2019 During the bull run of 2021, Bitcoin Cash network users are using Cashfusion and Cashshuffle a great…

Edward Snowden Knocks Alex Gladstein’s Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’ – Privacy Bitcoin News

On Saturday evening, the privacy advocate and well known whistleblower, Edward Snowden, spoke out against some criticism stemming from the Human Rights Foundation’s Alex Gladstein. Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight of the world beyond their cave.” Alex Gladstein Calls Snowden’s Interview Clip a ‘Disaster’ Just recently, the Human Rights Foundation’s (HRF) Alex Gladstein had some words to say to the former NSA contractor and whistleblower Edward Snowden. Gladstein didn’t like the statements Snowden made in a recently published…

Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High – Privacy Bitcoin News

On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen significant gains as well. Monero XMR Taps a New ATH Before Most Privacy Coins While cryptocurrencies have been growing wildly in value, the climate of regulation has stepped up a great deal. Governments and blockchain surveillance firms worldwide…

Raze Network Redefining Privacy for Polkadot Ecosystem

Apart from preventing users’ data from bad actors or surveillance, Raze Network intends to build an extensive cross-chain infrastructure for the overall DeFi system. The entire concept of cryptocurrency emerged from one single comment from the mysterious man Satoshi Nakomoto, that made into the headlines supporting the second bailout of the banks. With this concept coming into existence as an alternative to real money, it not only helped in finding a way around the exclusive control of the Central Banks but also played a great role in redefining the privacy…

Digital euro’s privacy promise not worth a centralized system, Oasis exec says

When European Central Bank board member Fabio Panetta addressed the European Union Committee on Economic and Monetary Affairs in April, he emphasized the importance of privacy in any potential future CBDC rollout. The ECB had conducted a public consultation on the possibility of a digital euro, canvassing the opinions of over 8,000 individuals and businesses. The responses that came back suggested privacy was the number one concern surrounding the issuance of a central bank digital currency. With 43% of respondents highlighting privacy as the core requirement, Panetta declared that the…

Texas wants to protect privacy elements of blockchain companies, says Blockcap

Crypto mining company Blockcap, which recently announced it would be setting up new offices in Austin, said Texas could become an alluring region for the industry. In an exclusive interview with Cointelegraph, Blockcap founder and executive chair Darin Feinstein said the firm had chosen Texas for its headquarters based on the potential hiring pool as well as the regulatory environment. According to Feinstein, blockchain companies operating in the United States — and Texas in particular — may face fewer geopolitical risks than those in China and other countries. “Texas certainly…

How X-Cash Is Developing Both Privacy and Transparency for Web 3.0

The X-Cash protocol appears well-positioned to continue developing the decentralized Web 3.0 while promoting both privacy and transparency. Every day, users of the internet lose more and more of their privacy as large technology companies encroach further and further on users’ right to freedom. However, blockchain technology and the development of Web 3.0 will likely change this, forever. The X-Cash protocol is a privacy-centric and open-source technology that aims to power the next stage of Web 3.0 – also known as the decentralized Web. Built using privacy-focused blockchain technology from…

How MPC can solve blockchain’s data privacy problems

With the global cryptocurrency market cap now reaching US$2.1 trillion, the industry is experiencing a time of both heightened interest and heightened scrutiny by regulators, consumers, businesses and governments — some warranted, some not. This scrutiny runs parallel to the massive increase in concern directed toward big technology firms that are hoarding consumer data, creating a sense of urgency not seen since the advent of the World Wide Web — and for good reason.  While blockchain technology has facilitated great strides toward data protection, it, too, has its downfalls. Blockchain…