U.S. delays crypto tax reporting rules, as it still can’t define what a ‘broker’ is
Congress passed a law in November 2021 that required the new crypto rules to be issued. Go to Source Powered by WPeMatico
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Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum, allowing individuals and organizations to transact privately. Aztec Raises … Read more
Blockchain is the only viable path to privacy and censorship resistance in the 21st century
Decentralized file-sharing services that Big Tech companies can’t control are the only way internet users will be able to maintain their freedom in the years ahead. Go to Source Powered by WPeMatico
Telegram Introduces No-SIM Sign-ups With Blockchain-Powered Numbers
Popular messenger Telegram now allows users to open accounts without the need to provide their mobile phone numbers. With the app’s latest update, they can log in using blockchain-based numbers instead, and they can be purchased with cryptocurrency on the Fragment platform. Telegram Promises ‘New Era of Privacy’ With Accounts That Don’t Require Phone Numbers … Read more
ConsenSys will shorten MetaMask data retention to 7 days following privacy discourse
The firm sparked controversy last month after disclosing MetaMask’s data collection practices. Go to Source Powered by WPeMatico
How smart contracts can improve efficiency in healthcare
From insurance to telehealth, smart contracts are finding use cases across the healthcare industry. Go to Source Powered by WPeMatico
Digital identity platform integrates with zkSync for on-chain KYC
RNS.ID’s on-chain KYC solution is designed on a “privacy engine” to encrypt users’ data. Go to Source Powered by WPeMatico
Metaverse exploitation and abuse to rise in 2023: Kaspersky
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. Go to Source Powered by WPeMatico
Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses
Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently made concerning data collection. The dex platform’s operator, Uniswap … Read more
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence. Go to Source Powered by WPeMatico