Apple is doubling down on preserving user privacy by launching a new Lockdown Mode feature. The new feature offers unprecedented security and protection from targeted spyware attacks. The company said that a small number of high-risk individuals like human rights activists, journalists, diplomats, and dissidents face dangers from state-sponsored mercenary spyware and that it was…
E.U. moves further in its crypto regulation
The E.U. Parliament, Council, and Commission tripartite reached a provisional agreement in June 29 on the Transfer of Funds Regulation (TOFR). The TOFR constitutes a part of the regulatory frameworks the E.U. is setting up for cryptocurrency regulation. Upon implementation, crypto-assets service providers (CASPs) in the E.U. will be obliged to comply with the rules…
The U.K makes a turnaround on KYC rule
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The U.K. government has pulled back on its plan to collect data on transactions sent to a private or unhosted crypto wallet. The Treasury made the revelation in an AML/CFT consultation report where it stated that it would not be implementing…
Binance announces withdrawal of support for anonymous Litecoin transactions
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Binance has announced that it will not support Litecoin transactions made through the MimbeWimble Extension Blocks function. The latest Litecoin function allows users to make confidential Litecoin transactions without revealing any transaction information or the sender’s address. The cryptocurrency exchange stated…
Top 5 Korean exchanges delist Litecoin, label it ‘dark coin’ following MWEB upgrade
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The top five Korean exchanges all announced a simultaneous delisting of Litecoin (LTC) on June 8, according to local news outlet News 1. Korean exchanges Upbit and Bithumb issued warnings on Litecoin following its MWEB upgrade, as reported by CryptoSlate last month….
The quantum future is coming and David Chaum’s xx network is ready for it
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! “The choice between keeping information in the hands of individuals or of organizations is being made each time any government or business decides to automate another set of transactions. In one direction lies unprecedented scrutiny and control of people’s lives, in…
New US bill to block Google and Apple from hosting apps that accept eCNY
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The U.S. is looking to bar Google and Apple from supporting applications that allow payments in China’s digital yuan (eCNY). Republican Senators Tom Cotton, Marco Rubio, and Mike Braun sponsored a bill that seeks to prohibit companies that operate app stores…
China’s Blockchain Services Network promises most of the thrills at a fraction of the cost
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! According to CNBC, China’s state-sponsored Blockchain Services Network (BSN) is set to launch its first international project this August. The Spartan Network will not operate using cryptocurrencies. Instead, users will pay for transactions and fees in US dollars. The payment method…
Why did Litecoin’s MWEB upgrade take so long to roll out?
Litecoin founder Charlie Lee tweeted an estimated go-live date of May 19, at 20:30 PT, for the long-awaited MWEB upgrade. He signed off by prompting pools and miners, who haven’t already upgraded, to do so in preparation. MWEB is currently estimated to activate on 5/19 8:30pm PT (5/20 3:30am UTC). We’re thinking of doing a…
Mercury Wallet Review: Bitcoin wallet with Layer 2 scaling and improved privacy
It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. The fact is that using Bitcoin to make a payment is the most visible method to do so. Unlike a traditional bank, where your data is private, every Bitcoin transaction…