Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis

Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that both fancy themselves as private and untraceable. Now, that’s because the majority of users do not utilize the optional privacy-enhancing features available on the two blockchains, it said in a June 8 blog, announcing support for the … Read more

Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts

Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence of illicit activities. Police Freeze Bank Accounts of Crypto Traders The … Read more