According to reports, Samourai Wallet’s Keonne Rodriguez just got five years behind bars. Rodriguez and his fellow developer William Lonergan Hill were accused of running an unlicensed money-transmitting business — a fancy way of saying the feds didn’t like their privacy tools. Both struck a plea deal on that single charge, cutting out the heavier […]
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The seizure of the Samourai Wallet website and the indictment of its founders might have implications for other privacy-preserving self-custodial tools.
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In an era increasingly defined by surveillance and oversight, Amir Taaki stands out as a key figure in the Bitcoin movement, sounding a clarion call for crypto awareness following the indictment of Samourai Wallet. Taaki’s latest initiative, “Darkfi,” seeks to pioneer a completely anonymous platform for collaborative fundraising and distribution, posing a challenge to existing […]
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On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
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Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign against non-custodial wallets is now underway. Debate Over Crypto Wallet Regulation […]
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On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community in dismay, with many expressing their displeasure over the aggressive measures employed […]
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While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like Cashshuffle and Cashfusion. Since Cashfusion was introduced in November 2019, there’s been 67,845 fusions or […]
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Bitcoin transactions are easy to trace, except when the sender uses a mixer to muddle the link between their crypto address and real-life identity.
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The surge in popularity for Bitcoin mixing services appears to coincide with tightening regulations as governments respond to FATF regulations
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Mixing 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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