Author: e_cash_top
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Chainway launches Proof of Innocence protocol for Tornado Cash users
[ad_1] Web3 venture builder Chainway launched a new protocol called “Proof of Innocence” on Jan. 18, which allows Tornado Cash (TORN) users to benefit from extra anonymity while proving that their funds are not stolen. With this protocol, Tornado Cash users are able to prove that their funds didn’t come from any sanctioned or blacklisted…
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El Salvador President criticizes ‘legacy’ media outlets’ unfair coverage
[ad_1] El Salvador’s president Nayib Bukele criticized “legacy international news outlets” for failing to cover his country’s repayment of its $800 million bond debt in a Jan. 23 Twitter thread. Bukele said that the outlets had extensively predicted that the South American country would default on its debts because of its “Bitcoin bet.” He noted…
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Lazarus Group carried out Harmony’s Horizon Protocol attack
[ad_1] The Federal Bureau of Investigation (FBI) confirmed on Jan. 23 that Lazarus Group was responsible for last year’s attack on Harmony’s Horizon Protocol. The FBI said that its ongoing investigations have confirmed that Lazarus Group (and the subunit or overlapping group APT-38) were involved in the attack on Horizon. Lazarus Group and its associated…
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Gemini sheds 10% of staff in 3rd layoffs in 8 months
[ad_1] Gemini Exchange Company in North America Gemini is a regulated digital asset exchange and custodian that allows customers to buy, sell, store, and stake digital assets in a regulated, secure, and compliant manner. More about Gemini Info Twitter LinkedIn [ad_2] Source link
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Ethereum creator Vitalik Buterin describes his vision for stealth addresses
[ad_1] Ethereum creator Vitalik Buterin has put forward a general approach to stealth addresses, as seen on his personal blog on Jan. 20. Stealth addresses, as described by Buterin, circumvent the fact that public blockchains like Ethereum reveal a significant amount of transaction data. Stealth addresses essentially conceal the recipient of certain transactions. Stealth addresses…
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NYDFS advises crypto account segregation
[ad_1] The New York Department of Financial Services (NYDFS) recommended on Jan. 23 that custodians should segregate customer and corporate crypto assets. Superintendent Adrienne A. Harris suggested that today’s guidance is a part of the state’s broader attempts to regulate cryptocurrency. She said: “[The Department of Financial Services’] virtual currency regulation has protected New Yorkers…
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Pantera CEO calls 2023 ‘best time ever’ to start a crypto company with $121B VC funding available
[ad_1] Crypto investment firm Pantera Capital released a ‘Year Ahead’ letter to investors on Jan. 23, in which it disclosed data showcasing the blockchain industry’s resilient nature. CEO of Pantera Capital, Dan Morehead, shared an overview of the company’s outlook on 2023 in which he stated; “Blockchain’s resilience in the face of a terrible macro…
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Digital Euro will be free to use, but privacy is up to legislators
[ad_1] The Digital Euro will be free to use and accessible to all, but it would be the lawmakers who will decide what personal information the bank will have access to, the European Central Bank said in a Jan. 23 statement. Member of the ECB’s Executive Board, Fabio Panetta, said: It will then be up…
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Combining proof of work and proof of stake for a decentralized financial system with Decred
[ad_1] The use of decentralized technologies in finance has become increasingly popular in recent years, as many people are looking for alternatives to traditional centralized systems. One project that is working to create a decentralized financial system is Dcred, which is a peer-to-peer cryptocurrency that uses a combination of proof of work and proof of…
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Investors hold Bitcoin, Ethereum over stablecoins in risk-off environment
[ad_1] Glassnode data analyzed by CryptoSlate suggests that investors are confident holding Bitcoin and Ethereum, over stablecoins, during the current risk-off environment As previously mentioned, billions in stablecoins have been redeemed for fiat in recent months. A significant factor in this was the Binance insolvency FUD, which sparked a run on the exchange. However, as…