CBDCs ‘concocted in hell by Satan himself’ says ASI president Rich Checkan
Rich Checkan described CBDCs as the spawn of Satan, and thinks that Bitcoin is still a speculative asset and not a currency alternative yet. Go to Source Powered by WPeMatico
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Newly found Monero bug may impact transaction privacy, developers warn
Monero developers are working on a software fix to a newly identified bug that may expose the occurrence of an output transaction made right away after receiving funds. Go to Source Powered by WPeMatico
US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics
Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic athletes should be aware that the digital yuan may be used to surveil Chinese citizens and those visiting China on an … Read more
Bitcoin network node count sets new all-time high
Bitcoin’s node count has achieved another all-time high milestone with almost half of the nodes running on Tor. Go to Source Powered by WPeMatico
Privacy-preserving computation on blockchains could prevent breaches
Business is a resource game, and blockchain offers a means to win it, enabling interoperability with privacy-preserving computation. Go to Source Powered by WPeMatico
Banning cryptocurrencies to counter crime is a nonsensical excuse
Cryptocurrencies represent far less of a market for criminals compared to traditional finance, so crypto bans won’t solve the problem. Go to Source Powered by WPeMatico
BIS optimistic about central bank digital currencies
The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system. Go to Source Powered by WPeMatico
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will protect users’ privacy. EDPB Insists Data … Read more
Former LA Dodgers owner earmarks $100M for blockchain-based social media
The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said. Go to Source Powered by WPeMatico
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations. Over 20% of New Zealanders Plan to … Read more