Details have emerged for the first time about how the world’s largest crypto exchange platform, Binance, worked with a financial intelligence agency in Russia. This relationship, according to an in-depth report by Reuters, began in April last year when the regional head of Binance met with some officials of the FSB-linked agency. Binance top exec…
Rapid advances in digital technology over the past several decades have also brought new data privacy and security concerns to the forefront. As a consequence, hacking, identity theft, and other breaches of digital privacy are becoming increasingly widespread. However, addressing the subject of how to secure the Internet has long been a source of inspiration…
Bitcoin wallets are necessary tools for purchasing, trading, and selling Bitcoin and other cryptocurrencies. Traders depend on them to securely store cryptocurrency as well as to preserve and verify transaction data. Bitcoin is often seen as an anonymous payment network. However, Bitcoin is most likely the world’s most transparent payment network. At the same time,…
The Monero community is driving support to withdraw XMR in a coordinated effort called “Monerun” on April 18 in response to “shady practices involving paper Monero,” by centralized exchanges (CEXs). The organizers point the finger at Binance, Huobi, and Poloniex expressly. They say metric data from these CEXs should be excluded from the crypto aggregator…
The US Department of Justice had announced that it had secured the biggest cryptocurrency forfeiture after a South Florida resident forfeited $34 million worth of cryptocurrency tied to illegal dark web activities. Federal prosecutors in the Southern District of Florida filed the civil forfeiture complaint and were successful. US gets biggest crypto forfeiture This came…
The dawn of the metaverse raises new questions about user protection and data-driven advertising. This new world is hinging on immersive technology that could allow companies to collect new kinds of personal information and even biometric data. To read the rest of this article, sign in or join CryptoSlate Edge. Get an Edge on the…
Republican Senator Cynthia Lummis is delivering on her promise to get a cryptocurrency bill to Congress this year. The staunch Bitcoin supporter representing the state of Wyoming won’t be alone in her effort to get fellow congressmen to pass the law—she will work hand in hand with Democratic Senator Kirsten Gillibrand. To read the rest…
A paradox of cryptocurrency is that while early adoption was fuelled by anti-government and cypherpunk ideals, buying and holding crypto can actually be more traceably than traditional currencies because of the open nature of the blockchain ledger. On the other hand, those who make efforts to mask their identity can indeed buy crypto anonymously. This…
The term cryptocurrency has almost become synonymous with hacking. It seems as though every week there are eye-wateringly large hacks on exchanges, individual user’s wallets, smart contracts, and the public blockchains on which they sit. In many cases the vectors of attack are obvious in retrospect: code was untested, internal processes to prevent phishing were…
Privacy coins have surged, with Monero posting +26% gains over the last 24-hours to lead the top-100. Similarly, Zcash posted an impressive performance, coming third, sandwiched in between Terra and Arweave. Source: CoinMarketCap.com The last 24-hours have seen $108 billion of inflows into crypto markets. The chart below shows a gradual uptick from 22:00 (GMT)…