XMR workgroup says IRS should study Monero — not try to break it
Dollars are used for nefarious activities too. Go to Source Powered by WPeMatico
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New US Treasury sanctions on Russian hackers hit Monero address
The U.S. government is charging ahead in its pursuit of privacy tokens, according to the latest sanctions. Go to Source Powered by WPeMatico
Report: Privacy coins don’t conflict with anti-money laundering laws
Where does the right to financial privacy end? Go to Source Powered by WPeMatico
Privacy coins ‘pose less risk of money laundering than other coins’
Privacy coins aren’t a major money laundering risk a new white paper argues. Go to Source Powered by WPeMatico
Many cloud servers are still at high risk of being hijacked for crypto mining
Is cryptojacking still an underrated threat? Go to Source Powered by WPeMatico
Law Decoded: Governments vs. blockchain privacy, Sept. 4-11
Taking account of more aggressive crypto tracking measures and what they mean for future government adoption of blockchain. Go to Source Powered by WPeMatico
IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency transactions. The United States tax agency wants to obtain a solution to … Read more
The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning
The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. Go to Source Powered by WPeMatico
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or the Electrum wallet breach, suggest criminals are becoming more … Read more
Privacy Options Underutilized in Cryptocurrency Usage: Report
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s transactions. Zcash’s privacy feature is significantly underutilized, with less than 2% of transactions fully … Read more
