Crypto’s Latest Privacy Battle
The Consolidated Audit Trail should not be allowed to quietly become law, Marisa Coppel and Amanda Tuminelli argue. (Horatio Henry Couldery/Wikimedia Commons)
Privacy
U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says
FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.
LocalMonero Shutdown Is Another Blow for Privacy Tech
It is getting harder to buy XMR, but every day that monero continues to exist is proof positive of its value, says CoinDesk’s Dan Kuhn.
The Hard Truths and Worrying Consequences of the Tornado Cash Verdict
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Samourai Wallet Charges Raise Existential Questions for Privacy Tech
Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet.
Reddit Is Making a Deal With the AI Devil
The social media giant’s $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally “consented” to share their personal information but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO and privacy advocate Harry Halpin writes.
Cryptography Firm Zama Raises $73M for ‘Fully Homomorphic Encryption’ Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The ‘FHE’ technology allows for processing of encrypted data, useful for privacy in blockchain and AI.
Shiba Inu Adopts Tech to Bring More Privacy to SHIB Token Holders
Shiba Inu ecosystem token TREAT will power a “new privacy layer” for the Shibarium blockchain.
India CBDC Insider Reveals Current Stance of Country’s Central Bank
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it’s making some progress.
Zcash Developer Electric Coin CEO Zooko Wilcox Steps Down, Swihart Named to Role
Zooko Wilcox (Will Ess for Pixelmind.ai/CoinDesk)