Category: Privacy

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate WorldwideBitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates, for using crypto ATMs to fund drug traffickers in […]

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IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users

A Look at the Shocking Tactics IRS Agents Suggest Using to Investigate Bitcoin UsersA recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.S. residents are paying taxes on […]

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Keep Your Money and Passport Safe With Products You Can Buy With BCH

Keep Your Money and Passport Safe With Products You Can Buy With BCHIn this day and age, carrying your wallet, passport and mobile phone inside the inner pocket of your jacket is simply not enough to protect your assets. Thankfully, there’s a company called Tarriss which offers products designed to secure both your digital cash and personal data. It sells them for cryptocurrency and it takes bitcoin […]

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How to Keep Bitcoin Cash Transactions Private

How to Keep Bitcoin Cash Transactions PrivateThere are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto exchanges to strengthen their KYC measures. Also […]

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Chainalysis Whistleblower Shares Company Secrets in Explosive AMA

Chainalysis Whistleblower Shares Company Secrets in Explosive AMAA current or former Chainalysis employee has gone rogue and conducted an AMA on r/Bitcoin in which he disclosed sensitive information about the company’s blockchain forensics capabilities. The whistleblower then appears to have had a change of heart and deleted all their comments. Thankfully, the internet never forgets. The comments remain archived on Removeddit.com and […]

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Privacy Is Paramount: How KYC Makes Us All Less Free

Privacy Is Paramount: How KYC Makes Us All Less FreeKYC (Know Your Customer) policies and endless private data collection, coupled with force-backed, violent legislation compromise the utility and ethics of crypto trading. An uncompromising stance on user privacy is critically important to crypto traders and peer-to-peer transaction. It’s not about having nothing to hide, but about sound economics, human dignity, and creating a more […]

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VPN Providers Defy Order to Connect to Russia’s Internet Censor

VPN Providers Defy Order to Connect to Russia’s Internet SensorRussian regulators have once again moved to expand oversight of the online space in an attempt to ensure compliance with various restrictions Moscow is trying to impose. But as in other cases, their efforts have been met with resistance. Over a dozen VPN platforms, popular among crypto enthusiasts and other privacy-conscious users, have refused to […]

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Mixing Service Bitcoin Blender Quits After Bestmixer Takedown

Mixing Service Bitcoin Blender Calls It Quits After the Bestmixer.io TakedownOn May 27, cryptocurrency supporters learned that the anonymous BTC mixer Bitcoin Blender would be shutting down. The news follows the recent closure of Bestmixer.io after it was seized by global law enforcement. Also read: Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time Bitcoin Blender Bows Out Another popular bitcoin […]

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Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time

Plea Bargain Shows Silk Road 2 Admin Will Likely See No Prison TimeFollowing the sentencing of Thomas White, the founder of the Silk Road 2 (SR2) marketplace during the first week of April, another SR2 administrator may evade prosecution. According to reports, SR2 admin Blake Benthall cooperated with global law enforcement and may only face fines for avoiding taxes. The news of the two SR2 admins’ sentences […]

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BCH vs. BTC: Which Offers Greater Privacy?

Crypto. A New Paradigm of Privacy and IDDo you want every person you ever transact with to know how much is in your wallet and your net worth? Of course not. That’s why you need and want to mix your coins to hide where they came from before you use them. The degree of privacy you can expect by default, however, varies […]

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Bitcoin Cash Privacy Has Improved in Leaps and Bounds

Bitcoin Cash Privacy Has Strengthened by Leaps and BoundsOver the last few years, privacy has become of great importance to digital asset enthusiasts as law enforcement has cracked down on money transmitters, seized coin shuffling services, and blockchain analysis has increased significantly. To thwart this, some bitcoiners have turned to mixing applications that utilize the Coinjoin protocol and other methods of obfuscation. However, […]

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Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash PrivacyThe Bitcoin Cash (BCH) protocol and infrastructure continue to see relentless development. The Electron Cash Cashshuffle implementation has enhanced bitcoin cash fungibility by providing users with the ability to shuffle coins. Now a developer has announced the launch of the Interwallet transfer tool, an Electron Cash add-on that allows for privacy-minded transfers using the light […]

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Latest Hack Sparks Concern Whatsapp Will Never Be Secure

Latest Hack Sparks Concern Whatsapp Will Never Be SecureFacebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s […]

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Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr TransactionOn May 15, the Bitcoin Cash network successfully upgraded by implementing Schnorr signatures, after which a few developers processed some basic Schnorr signatures. Then, on Saturday, May 18, software developers Chris Pacia, Mark Lundeberg, and Checksum0 performed the first multi-sig Schnorr signature on BCH and sent the funds to Freeross.org. Also Read: After Trillions Printed […]

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Cyberghost Is a VPN Service You Can Pay For With Bitcoin Cash

Cyberghost Is a VPN Service You Can Pay For With Bitcoin CashPrivacy in the online space is quite compromised these days and anyone who would like to protect their own may consider using a VPN service. There are many platforms on the market and some are catering to the crypto community. Cyberghost VPN is one of them and it takes bitcoin cash (BCH). Also read: Vaulty […]

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Bitcoin Cash Protocol Successfully Upgrades — Schnorr Signatures Are Here

Bitcoin Cash Protocol Successfully Upgrades — Schnorr Signatures Are HereThe Bitcoin Cash (BCH) chain has officially upgraded, adding Schnorr signatures and the Segwit recovery exemption. As of block 582680, the chain has implemented the new features successfully and BCH fans are celebrating another major protocol improvement. Also read: Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know Another Bitcoin Cash […]

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Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know

A Brief Explanation of the Next Bitcoin Cash Upgrade — Schnorr SignaturesOn Wednesday, May 15, the Bitcoin Cash (BCH) network will be upgraded to incorporate the highly anticipated Schnorr signature algorithm, a digital signature scheme widely known for its simplicity. Also read: Bitcoin History Part 12: When No One Wanted Your BTC Schnorr Sigs Are Coming Next week, the Bitcoin Cash blockchain will be upgraded by […]

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Schnorr Signatures Await Bitcoin Cash as the Next Fork Draws Near

Bitcoin Cash Supporters Look Forward to Schnorr Signatures as the Next Fork Draws NearThe Bitcoin Cash network is scheduled to fork on May 15 and the community has been steadily preparing for the next upgrade, which will entail the addition of Schnorr signatures and Segwit recovery exemption. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings Bitcoin Cash Upgrade Time: May 15, 2019, Shortly After 12 […]

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Don’t Trust Bitcoin Mixers and Other Opsec Lessons From the Darknet

Don’t Trust Bitcoin Mixers and Other Opsec Lessons From the DarknetWhen darknet markets are shut down these days, the arrests don’t generate much fanfare. There’s a day of press at best, and then the media moves on to bigger stories, leaving the fate of the DNM operators unreported as their case grinds through the courts. This is a shame, as the indictments for the accused […]

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$500K of BCH Shuffled in Record-Breaking Cashshuffle Transaction

BCH Fans Celebrate $500K Shuffled in Record Breaking Cashshuffle TransactionOn May 1, Cashshuffle participants shattered records by shuffling 1,774 BCH ($478K) following a $284K shuffle two days prior. In addition to the big shuffles, BCH supporters have started ‘Shuffle Saturday’ so people can gather and mix large quantities of bitcoin cash. Also read: Former Mod Explains R/Bitcoin Censorship and Why He Was Removed Close […]

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A Bitcoin Cash Fork of Decentralized Exchange Bisq Is on the Horizon

A Bitcoin Cash-Supporting Fork of the Decentralized Exchange Bisq Is on the HorizonTwo Bitcoin Cash (BCH) community members recently offered up a bounty for someone to fork the decentralized trading platform Bisq using BCH as the native currency. Now it seems a programmer has started the project in order to port Bisq over to BCH with help from BCH developer Pokkst’s Bitcoincashj implementation. The project is still […]

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More Cashshuffle Compatible Wallets Are Coming to Bitcoin Cash

More Cashshuffle Compatible Wallets Are Coming to Bitcoin CashOn April 27, Electron Cash founder Jonald Fyookball revealed a new milestone for the Cashshuffle protocol when he announced the release of the Cashshuffle JS library. According to Fyookball, the software is a “major step” toward Cashshuffle being implemented into other light wallets. Also read: BCH Developer Builds Onchain Token Auction Console — SLP Agora […]

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Five Simple Ways to Increase Your Privacy When Using Cryptocurrency

Five Simple Ways to Increase Your Privacy When Using CryptocurrencyCryptocurrency without privacy is pointless. If your coins aren’t fungible, you lose much of the benefits of using cryptocurrency in the first place. Privacy isn’t just won and lost onchain though. In fact, much of the privacy gains to be made when it comes to sending, spending and trading crypto occur offchain, as you go […]

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Silk Road 2 Founder Finally Sentenced 5 Years After His Arrest

Silk Road 2 Founder Finally Sentenced After His Arrest in 2014Immediately after the Silk Road was taken down in 2013, a marketplace known as the Silk Road 2 launched. The new darknet market was run by a person who called himself the Dread Pirate Roberts 2 and he was arrested a few months later in November 2014. However, privacy advocate Thomas White, otherwise known as […]

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