A Canadian court issued a Mareva Injunction against crypto wallet provider Nunchuk, among other intermediaries and individuals, ordering it to disclose user information and freeze any assets related to the Freedom Convoy 2022 protests. This is the first time the injunction has been used against cryptocurrency. The company tweeted on February 19th that it had…
After years in the making, Litecoin’s MimbleWimble (MW) feature could be rolled out this month. Last week, Robbie Coleman, the Creative Director at the Litecoin Foundation, said MW is “now in the final code review.” Similarly, in December 2021, David Burkett, the Lead Developer on the project, gave his estimate for a January 2022 rollout….
One of the most pernicious myths about crypto is that they are widely adopted for criminal use. This idea has been perpetuated by policymakers and businesspersons alike, from JPMorgan CEO Jamie Dimon, who claimed Bitcoin was only for use by “criminals and North Koreans”, to European Central Bank President Christine Lagarde who said Bitcoin facilitates…
Bitcoin is trustless and permissionless — anyone can use it without having to provide their real-world identity. This leads many people to think of Bitcoin as an anonymous network, where transactions are private, however in reality this is far from the truth. Bitcoin can work without a trusted third party in part because it is…
During a historic discussion on the evolution of the decentralized internet at the BlockDown: DeData Conference, Polkadot founder Gavin Wood, who himself coined the term ‘Web3,’ said that Edward Snowden’s revelations helped bring to light the urgency for creating a whole new platform that would “eclipse” the traditional authority based technologies. Acknowledging that the 2013…
Ethereum layer-2 scaling platform Polygon is hosting the zk Summit next Thursday. The firm bills the event as a space to discuss zero-knowledge technology to examine its use in advancing the cryptocurrency sector. “Join the leading lights of the Zero-Knowledge space for a discussion about the future of zk-STARKs and applications of ZK proofs.” Concluding…
A proposition to greenlight Secret Network joining the Inter-Block Communication (IBC) protocol is set to pass, with most voters saying yes to the tie-up. According to @JayJaboneta, Proposition 63 will end late Monday, and the current voting results have the yeses overwhelmingly in the lead. Meaning the coming days will see network integration between all…
BlockDown Conference, a virtual event series launched in March 2020, is preparing for its latest edition, this time fully dedicated to decentralized data, coming this December 3rd from 2 PM to 10 PM CET. In this one-day 8-hour special conference experts and academics from across the blockchain and crypto space will join to discuss data…
An often-quoted Bitcoin criticism is the lack of privacy due to the BTC blockchain being an open ledger visible to all. But Mercury Wallet looks set to change that with its layer-2 privacy solution. Last month, Mercury Wallet announced the beta release of its privacy-enabled wallet. The technology they’ve developed allows users to securely send…
Worldcoin, a new startup founded by OpenAI CEO Sam Altman, theoretical physics student Alex Blania and former investment associate at Bridgewater Associates Max Novendstern, uses iris recognition devices called “Orbs” to scan people’s eyes in exchange for free cryptocurrency. The project claims to be committed to giving Worldcoin to everyone on Earth, but, according to…