In the Netherlands, open source developers are now liable for how their software is used. Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, was today found guilty of money laundering by the Dutch court: he’s been sentenced to 64 months…
OKX has announced that it is deleting 11 trading pairs. These changes will go into effect from early January 2024. For years, privacy tokens have been controversial in the crypto industry. Privacy tokens are cryptos that cannot be traced and offer complete anonymity for those who use them. Some see them as useful and necessary…
Traditionally, creating an n-of-n multisig using CHECKMULTISIG means you’ll publish a proportional number of signatures and public keys on the blockchain to signers in the transaction. This approach not only reveals the total number of participants in the transaction, but also incurs progressively higher transaction fees as the number of signers grow. MuSig, on the…
Privacy is a complicated subject. It’s not always a simple binary thing, private or not private, seen or unseen. Seen by whom? Private from whom? Private to what degree? If you are walking down the street with a mask on your face no one can see your face, so that means you are private, right?…
One of the fundamental limitations of the Lightning protocol is how payment routing is handled and accomplished. It is entirely source routed, meaning that the sender of a payment is the one who constructs the entire route from themselves to the receiver in order to facilitate the payment. This presents an issue when it comes…
Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem. The recent proposal from the US Internal Revenue Service (IRS) regarding crypto tax regulations has drawn strong criticism from Coinbase, the largest cryptocurrency exchange in the United States. Expressing deep concern, the…
In another unfortunate turn of events for anyone hoping their right to privacy to be protected as guaranteed by the US Constitution, the UN Declaration of Human Rights, or applicable state and federal law, the US government has argued that the disclosure of proprietary Chainalysis heuristics information in the case US vs. Sterlingov would “jeopardize…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. Late last month, a bipartisan group of U.S. Senators introduced the Financial Technology Protection Act, which would “create a working group tasked with studying how terrorists or other criminals might…
Receive free Social affairs updates We’ll send you a myFT Daily Digest email rounding up the latest Social affairs news every morning. The internet is moving from an age of prurience to one of protection. A sudden rush of age-verification laws designed to stop children from accessing explicit content is about to change the way…
While on the surface, this may seem like an attempt to provide value to users, it highlights the ongoing tension between personalized experiences and the ethical use of personal data. X, the social media networking giant, formerly known as Twitter, has revised its privacy policy to incorporate the collection and utilization of users’ biometric information….
OpenAI announced that ChatGPT Enterprise will include unlimited access to GPT-4 and also offer longer context windows for processing more inputs. OpenAI, an American artificial intelligence (AI) research laboratory consisting of the non-profit OpenAI, Inc. and its for-profit subsidiary corporation OpenAI LP, announced the launch of its latest product dubbed ChatGPT Enterprise to help organizations…
In an announcement today, Bitcoin hardware wallet company Trezor revealed the launch of the highly anticipated coinjoin feature for its Trezor Model One, according to a press release sent to Bitcoin Magazine. Building upon the success of the coinjoin implementation for the Trezor Model T in April 2023, this development empowers all Trezor users, regardless of their device,…
This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate and Mandela Washington fellow. Throughout American economic history, there has been a constant drive toward centralization, as evidenced by the many attempts to establish a central bank in the United States. From Alexander Hamilton’s “Federalist Papers” to President Andrew Jackson’s fierce battle against…
Besides the criticism of its method and storage of data collection, the project has also been subject to scrutiny over its onboarding of early adopters. Argentina joins Germany, France, and Kenya on the list of governments to investigate the cryptocurrency project Worldcoin over privacy concerns. The country’s Agency for Access to Public Information (AAIP) announced…
Despite the fact that Brave has announced its image and video search options, the feature is still being improved. Brave Search, the privacy-focused search engine, has announced the launch of its own image and video search features. Consequently, users will now be served image and video search results directly from the search engine’s index. According…