Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic need to transact, Mizrahi emphasizes that establishing consensus among nodes should not be the sole goal. […]
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Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public Chain, a native Ethereum layer two (L2). […]
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Metamask Updates Privacy Policy, Explains When It May Process Users’ IP Addresses
Metamask, the popular Ethereum wallet, has updated its privacy policy. The update provides users with greater transparency and control over their personal data, specifically concerning IP address processing. According to the new policy, Metamask may temporarily process a user’s IP address only when required for certain services, depending on the user’s Metamask settings. This is […]
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Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days
The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13, XMR was trading […]
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Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and will also feature the implementation of smart contracts to nurture use cases […]
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Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for […]
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Vitalik Buterin Transfers $295K in Ethereum to Privacy Protocol Railgun
Ethereum co-founder Vitalik Buterin has transferred 79.997 ETH (over 5,000) to the privacy protocol Railgun. Buterin Supports Railgun With 5K Ethereum Transfer According to onchain data, Ethereum co-founder Vitalik Buterin transferred more than 5,000 worth of ethereum, approximately 79.997 ETH, to the privacy protocol Railgun on May 22. Buterin has openly supported the privacy-focused defi […]
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Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with […]
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Embrace Privacy and Earn up to 150% APY With wZANO-USDT
Bitcoin.com’s decentralized exchange, Verse DEX, has launched the second wZANO-USDT farm, offering an impressive APY of up to 150%. For full details, including instructions, head over here. This initiative is the continuation of the integration of the privacy-focused ZANO token into the broader Bitcoin.com ecosystem, an essential development for crypto enthusiasts valuing both high yields […]
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Binance Kazakhstan Secures ISO Certifications for Security and Privacy
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance with the highest industry standards. The achievement emphasizes the platform’s dedication to maintaining a secure and […]
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