Category Archives: Zcash

The Code for an Anonymous Lightning Network is Now Live

The lightning network is due for a privacy boost. That’s according to Dr. Ayo Akinyele, a computer scientist who has focused his efforts on building a zcash implementation of anonymous off-chain payment architecture called BOLT. And today that work was published on Github. First conceived by zcash founders Matthew Green and Ian Miers in 2016, the code is inspired by the

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Ethereum [ETH]’s Vitalik Buterin speaks about privacy of Zcash

On 9th August, Zcash released their video blog called Perspective, a video series of discussions and opinions offered by Zcash community members and other cryptocurrency developers at the conference. A video of the same series features Vitalik Buterin, the Co-Founder of Ethereum. Earlier this year, the Zcash community came together and hosted its first three-day long annual conference ‘ZconO’. Several developers

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Zcash [ZEC] announces its weekly update – zcashd 2.0.0 will be released soon

On 10th August, Zcash released its weekly update report on its official forum. After a 3 week long sprint that the members had opted, in order to put back things in place, this week’s report reveals that the team is tied up with a lot of developments in anticipation of future releases. Zcash weekly update | Source: Twitter Zcash team’s key

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Apocalyptic Predictions About Privacy Coins Are Very Wide of the Mark

Bitcoin is a permissionless ledger. In plain English, that means you don’t need to ask anyone’s damn permission to use it. There are no terms and conditions to read, no checkbox to tick, and no forms to sign before you can send or receive bitcoin. But if some people had their way, pseudonymous cryptocurrencies, as well as anonymous coins like

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Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA Agent A DEA special agent,

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US DEA ‘Actually Wants’ Criminals to Keep Using Bitcoin

A US Drug Enforcement Administration agent has told mainstream press she “wants” criminals to use cryptocurrencies because it makes them easier to track. ‘I Want Them To Keep Using Them’ Speaking to Bloomberg August 7, Lilita Infante, who takes part in the agency’s 10-person Cyber Investigative Task Force, said investigators had “a lot of tools” to monitor criminal activity thanks

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US DEA notes that criminal activity accounts for ‘just 10%’ of Bitcoin transactions

In a new interview with Bloomberg, US Drug Enforcement Administration special agent Lilita Infante has noted that criminal activity now amounts to approximately 10% of on-chain Bitcoin transactions – down from a 90% high during 2013. Speaking broadly, Infante noted that the volume of legitimate (non-illicit) Bitcoin transactions has grown substantially in the years since 2013 – saying “The volume has grown

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DEA Agent: Bitcoin Now Used More for Speculation Than Drug Deals

According to a DEA agent, far more Bitcoin is being used for speculation than to facilitate crimes. That said, the number of Bitcoin used in various criminal acts is still rising. DEA Use Blockchain Analysis to Identify Those Using Bitcoin for Illegal Purposes It used to be the case that most Bitcoin being transacted was used illegally. When Lilita Infante

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Crypto Markets Lose $50 Billion in a Fortnight

FOMO Moments Markets are still falling, Ethereum Classic and Zcash defying the drop while Iota suffers. The bears are still in control as we start another week in crypto land. The selloff which started around two weeks ago has continued unabated as market capitalization drops back down to just over $250 billion equating to a loss of almost $50 billion

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$32mil Raised by Mining Company Listed on London Stock Exchange

Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Mining Company Argo Blockchain PLC Rakes In

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