How to Identify and Mitigate a Bitcoin Dust Attack

Bitcoin transactions are not anonymous but users can still add a layer of privacy by using different addresses and other techniques to confuse blockchain surveillance. However, a de-anonymization method known as a dust attack is on the rise. If the microtransactions that characterize a dust attack go unnoticed, they can potentially be used to identify … Read more

Texas Representative Wants to Ban the Anonymous Use of Cryptocurrency

A Republican member of the Texas House of Representatives, Phil Stephenson, has just introduced a bill that would require residents of the state to identify themselves if they wish to use cryptocurrencies. H.B. No. 4371 details that individuals who send and receive digital currencies must be known. Although, if the user happens to use a … Read more

Cashshuffle Participants Mix $20K of Bitcoin Cash in One Transaction

Over the last few days, Bitcoin Cash (BCH) enthusiasts have been meeting online to mix BCH using the Cashshuffle mixing software for the Electron Cash wallet. A few shuffling milestones took place this week, culminating on Feb. 25 when a massive shuffle saw 152 BCH ($20,000) mixed together in one transaction. Also read: Lightning Network: … Read more

How Crypto Compliance Requests Strip User Privacy

Money transmitting services that enable users to switch from crypto to fiat are a valuable resource. There’s still a shortage of cryptocurrency off-ramps, and thus reliable services that offer a reasonable exchange rate are to be cherished. But the convenience that crypto debit cards and other crypto-fiat exchanging services offer comes at a high price … Read more

Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship

A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed.    Also Read: Survey: ‘Blockchain’ Was … Read more