Edward Snowden Defends Crypto Privacy, Criticizes DOJ for Samourai Wallet Arrests

News Bytes - 8Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related to money laundering and operating without a license. Snowden’s remarks show his ongoing support for financial privacy within the […]

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US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million

US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 MillionThe U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. DOJ Indicts Samourai Wallet Founders for Allegedly Operating $100 Million Crypto Laundering Ring According to the indictment unsealed by the Southern […]

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Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’

According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April 19. Trezor Adds Coinjoin to Software Suite Owners of […]

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Wasabi Wallet to Begin Censoring Coinjoin Transactions

wasabi walletWasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction outputs) from registering to Coinjoins, the method Wasabi and other wallets use to enhance […]

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De-Mixing Wasabi Coinjoin Transactions: A Deep Dive Into Chainalysis’ Deanonymizing Claims

On Tuesday, journalist Laura Shin published a story that claims to identify the 2016 Genesis DAO hacker who siphoned 3.6 million ethereum from the decentralized autonomous organization. While the story surprised the crypto community, one of the biggest eye-openers was the blockchain analysis methods leveraged, and the claim that Chainalysis allegedly “de-mixed” Wasabi transactions. Community […]

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Journalist Claims She Identified the 2016 DAO Hacker, Evidence Shows Investigators ‘De-Mixed’ Wasabi Transactions

Journalist Claims She Identified the 2016 DAO Hacker, Evidence Shows Investigators 'De-Mixed' Wasabi TransactionsAn article published by journalist Laura Shin, and research stemming from the blockchain surveillance firm Chainalysis, claims to identify the alleged identity of The DAO hacker who drained millions of dollars worth of ethereum from the decentralized autonomous organization on June 17, 2016. Shin’s and Chainalysis’s findings accuse the former Tenx CEO, Toby Hoenisch, of […]

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Crypto Mixing Tools Tornado.cash and Cashfusion Obscure More Than $8 Billion in Transactions

While blockchain monitoring has increased a great deal during the last few years, cryptocurrency mixers have seen significant use from those who don’t want their financial transactions tracked. Meanwhile, two mixing applications, Tornado.cash and Cashfusion, have helped crypto owners make their ethereum and bitcoin cash less traceable. The two applications combined recorded more than $8 […]

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Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network

Bitpay Has 'No Current Plans' to Support Liquid or the Lightning NetworkAccording to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid or the Lightning Network Not on the Roadmap The top cryptocurrency payment processor […]

The post Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network appeared first on Bitcoin News.

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How to Mix Your Bitcoins Using Coinjoin for Greater Privacy

How to Mix Your Bitcoins Using Coinjoin for Greater PrivacyMixing bitcoins using a noncustodial service increases fungibility without having to relinquish control of your coins. Bitcoin mixing services let you keep your coins and retain your privacy, for nothing more than a modest fee and the time it takes to mix them. The most popular noncustodial mixers for bitcoin core and bitcoin cash are […]

The post How to Mix Your Bitcoins Using Coinjoin for Greater Privacy appeared first on Bitcoin News.

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What is Samourai Wallet’s WhirlPool?

TheMerkle Bitcoin Mixing Stolen FundsGiven the vast number of Bitcoin wallet solutions, it is difficult to stand out among the crowd. Samourai Wallet never had any issues in that regard. Not only is it one of the most secure – and borderline paranoia – Bitcoin wallets today, but their CoinJoin is also getting a lot of attention. So much even that Whirlpool is a solution most people will gladly take note of in the weeks and months ahead.  What is CoinJoin Again? A lot of people who have never looked into cryptocurrency may not be familiar with CoinJoin. It is a technology solution designed

The post What is Samourai Wallet’s WhirlPool? appeared first on The Merkle Hash.

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