The update improves both privacy and security for complicated transactions through new signatures that make them look like any other exchange.
The F.B.I.’s recovery of Bitcoins paid in the Colonial Pipeline ransomware attack showed cryptocurrencies are not as hard to track as it might seem.
With government agencies getting more savvy at tracing blockchain transactions, laws like the EU’s GDPR may play a role. The GDPR has led to changes that complement the ethos of crypto’s early days, as it has proved crucial for fighting the questionable data handling practices of public and private sector players alike. It has also […]
From a Harry Potter-themed protocol to high-profile coins, cryptocurrency is often not quite as private as it seems. Privacy coins are a reaction to the realization that bitcoin isn’t private at all. All bitcoin transaction data is public and open to all for analysis; combine that with some strategic subpoenas to get the personal data […]
In recent times, there has been much discussion in policy circles, academia and the private sector regarding the tension between blockchains and the European Union’s General Data Protection Regulation (‘GDPR’). Whereas, the GDPR is based on an underlying assumption that in relation to each personal data point there is at least one the data controller, […]
On August 8, representatives of the global community of data protection and privacy enforcement authorities issued a joint statement on global privacy expectations of the Libra network. Data protection authorities may individually follow up with Libra with more specific questions as the proposals and service offering develops. Source: Joint statement on global privacy expectations of […]
A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users. Damian Collins, chair of the House of Commons’ Digital, Culture, Media and Sport Committee, said, given the company’s past poor record on privacy, he has concerns that Facebook can adequately protect the financial details of its billions of potential […]
Singapore-based blockchain startup JEDTrade has launched Jupiter Chain – a consent-able data exchange platform that enables the use of data analytics without compromising on privacy. Jupiter Chain allows blockchain technology to be put in the healthcare services ecosystem, where data privacy and security is crucial. It does so by encrypting users’ data and requiring consent […]
Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet to take control over their personal data and content. Titled the Identity Overlay Network (ION), the infrastructure lets users obtain control over their own data via the management of their […]
We’ve long known that just as blockchains have unique security features, they have unique vulnerabilities. Marketing slogans and headlines that called the technology “unhackable” were dead wrong. More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built. Full article: Once hailed as […]