Facebook’s Libra Cryptocurrency: Bad for Privacy, Bad for Competition

Scott A. Shay is co-founder and chairman of Signature Bank of New York and the author of In Good Faith: Questioning Religion and Atheism (Post Hill Press, 2018). Allowing Facebook to mint its own coin, the Libra, would turn it into the greatest anti-competitive trust case in history. It would make the early 20th century […]

Coinbase CEO Praises Privacy While Allegedly Blacklisting Anonymous Transactions

Co-founder and CEO of major U.S.-based cryptocurrency exchange Coinbase Brian Armstrong attracted criticism after praising private crypto transactions in a tweet published on June 22. In the aforementioned tweet, Armstrong notes that “a scalable, sufficiently decentralized, chain that supported private transactions by default (privacy coins) would be a game changer.” He then compares anonymous cryptocurrency […]

Why Ethereum’s Privacy Matters and What’s Being Built to Support It

Mixers. Computational data layers. Zero-knowledge proofs: these are just a few of the technologies being leveraged to enhance privacy on the ethereum blockchain. Privacy for a public blockchain network is a bit of an oxymoron, given that, by nature of the technology’s design, data must be shared and widely distributed on the network in order […]

Wanxiang City Partners with Blockchain Privacy Startup on Tracking Infrastructure

Wianxiang, prominent Chinese car manufacturer, has partnered with PlatON, a blockchain privacy startup, to develop the underlying infrastructure for China’s largest smart city project, slated for completion by 2025. His eponymous Wanxiang Innova City, in progress since 2015, will convert 8.3 square kilometers premium riverfront real-estate in Hangzhou into an “expansive digital and ecological urban […]

Privacy Is Paramount: How KYC Makes Us All Less Free

KYC (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 […]

Privacy Scandals Led to Facebook’s S&P 500 ESG Ouster

S&P Dow Jones revealed the embarrassing reason it booted Facebook stock from the S&P 500 ESG Index. Facebook’s cornucopia of privacy scandals caused its ESG score to plunge to alarming levels. The same day that Dow Jones kicked FB out of the index, Mark Zuckerberg pledged to make Facebook a champion of privacy rights. By […]

Facebook Stock Plunges After WSJ Drops Bombshell Privacy Report

By CCN Markets: Facebook stock plunged during mid-day trading on Wednesday after the Wall Street Journal published a bombshell report connecting CEO Mark Zuckerberg with questionable privacy practices at the social media behemoth. Facebook Stock Drops Nearly 3% in Minutes After WSJ Publishes Report FB shares dropped as low as $172.88 in the immediate aftermath […]

Zcoin Cryptocurrency Pumps 85% in 48 Hours Because Privacy Matters

By CCN Markets: Zcoin (XZC) gained 85% over the past 48 hours as cryptocurrency traders speculated on the build-up to the launch of Sigma – a technical upgrade on the Zerocoin privacy protocol. Created in 2013 by a Johns Hopkins University professor, the Zerocoin protocol influenced an entire generation of privacy coins. Those include well-known […]

Zcoin Cryptocurrency Pumps 85% in 48 Hours Because Privacy Matters

By CCN Markets: Zcoin (XZC) gained 85% over the past 48 hours as cryptocurrency traders speculated on the build-up to the launch of Sigma – a technical upgrade on the Zerocoin privacy protocol. Created in 2013 by a Johns Hopkins University professor, the Zerocoin protocol influenced an entire generation of privacy coins. Those include well-known […]

Is Bitcoin's Increasing Anonymity a Threat to Privacy Coins?

Is bitcoin’s improving privacy an existential threat to anonymous cryptocurrencies? Read More