Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer

Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24. In his note, Buterin argues that the Ethereum ecosystem needs more privacy, and points out that the default behavior is to do everything through a single account, allowing for all […]

Regulators Target Cryptocurrency Mixers Under Notion of AML

The Dutch Fiscal Information and Investigation Services (FIOD) in association with Europol and Luxembourg police have cracked down on Bestmixer, one of the largest cryptocurrency mixing services in the world.  Mixing is a process whereby one can necessarily throw in tainted funds that are identifiable with criminal activity and receive untainted coins to obscure the […]

Vitalik Proposes Mixer to Anonymize ‘One-Off’ Ethereum Transactions

“We need a first step toward more privacy,” Vitalik Buterin, founder of the ethereum blockchain network, said Wendesday. In a new HackMD post, Buterin detailed a design to help obscure ethereum user activity on the blockchain. More specifically, Buterin proposed a “minimal mixer design” aimed at obfuscating user addresses when sending fixed quantities of ether (ETH). […]

Mozilla Firefox’s Update to Protect Users against Cryptojacking and Fingerprinting

Twenty years since developing and providing an alternative Internet experience, Mozilla Firefox on May 21, 2019, rolled out a new update of its browser. The updated version is said to make browsing faster as well as prevent users against cyber threats such as cryptojacking and fingerprinting. Rising to Security Concerns The Internet spread across the […]

South Korean Gov’t Announces Second Study Group for Blockchain Regulations

The South Korean Ministry of Science and ICT is going to run a follow-up study on blockchain regulations, according to a Yonhap News report on May 21. The study is called the “Blockchain Regulation Improvement Study Group” and is part of an initiative run by the government’s science and tech arm to figure out how regulations […]

Europol Shuts Down $200 Million Crypto Mixing Service Bestmixer

Dutch, Luxembourg authorities and Europol have shut down one of the three largest cryptocurrency tumblers, Europol reported on May 22. A cryptocurrency tumbler, also known as a cryptocurrency mixing service, is an anonymity tool that claims to transform transactions of non-private coins to private ones by mixing crypto funds with others, which makes it difficult […]

Firefox Quantum Offers Anti-Cryptojacking Feature

Firefox Quantum, the latest version of open-source internet browser Firefox, has a new privacy toggle that protects against cryptojacking, according to a blog post by Mozilla on May 21. Mozilla previously warned official blog post that websites can deploy scripts that launch a crypto miner on a user’s machine without them being aware — a […]

Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy

The 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 […]

Latest Hack Sparks Concern Whatsapp Will Never Be Secure

Facebook’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 […]

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

On 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 […]