Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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PrivacyCOTI Announces $500K Gitcoin Grant Program to Onboard Developers to Its Privacy L2
Privacy layer-2 blockchain COTI has announced a major grants program in collaboration with Gitcoin. A total of $500K has been placed at the disposal of developers interested in utilizing COTI’s tech to create decentralized solutions that will advance web3 privacy. Many of these envisioned solutions will harness COTI’s underlying Garbled Circuits implementation to provide massively scalable onchain privacy. Set to commence later this month, the COTI grants program is open to any developers with the skills and creativity to get…
8 months ago
Samourai Wallet Forked Into Ashigaru, Promising Better Privacy With Decentralized Tools
On September 20, a group of developers announced the launch of the Ashigaru Open Source Project, a fork of the privacy-focused Bitcoin wallet, Samourai Wallet. Ashigaru aims to continue developing privacy tools while addressing the limitations imposed by centralized components, following the legal troubles faced by Samourai’s original development team. The Samourai Wallet Case: A Backdrop for Ashigaru’s Creation According to its website, this new project is rooted in open-source principles and focuses on decentralization. Ashigaru’s developers also aim to…
9 months ago
Monero Not Spared, Drops 11% Despite Plans For This Gamechanging Privacy Feature
Monero, one of the world’s most valuable privacy-focused networks, is under immense selling pressure. XMR, its native currency, is down 11% from this week’s highs, extending losses from June 2024. Overall, XMR remains in a bullish formation, shaking off weakness from Q1 2024, when the coin fell due to compliance reasons. Several exchanges, including Binance, chose to delist Monero and other privacy coins, citing the need to adhere to laid-out laws, mainly in the United States. Boosting Privacy Features On…
9 months ago
Top Crypto News Today: Vitalik Buterin’s $1M Ethereum Transfer Sparks Privacy Debate
The post Top Crypto News Today: Vitalik Buterin’s $1M Ethereum Transfer Sparks Privacy Debate appeared first on Coinpedia Fintech News In a notable move within the digital markets, Ethereum co-founder Vitalik Buterin has made a mysterious and substantial move. The influential personality has transferred 400 ETH—about $1.06 million—to a new address: 0x18…F10E. This transfer, made at 12:06 UTC+8, is one of the largest transactions ever made by this well-known blockchain figure. Vitalik transferred 400 ETH (worth about $1.06m) to the…
10 months ago
Privacy Coin Zcash (ZEC) Could Face a Price Setback After Stunning Run
Zcash (ZEC), the decentralized cryptocurrency created to improve privacy in the blockchain sector, has seen its price increase by a staggering 90% in the last 30 days. This surge makes ZEC one of the top three performing altcoins. Trading at $41.36, this analysis explains why the coin may not be able to sustain its momentum. The Storms Are Gathering Over Zcash Stellar Rally On July 12, ZEC’s price was around $23.81, meaning the current price is almost double the value…
10 months ago
Edward Snowden Highlights Bitcoin’s Privacy Risks Amid AI Advancements
Privacy advocate Edward Snowden issued a stark warning about Bitcoin’s privacy vulnerabilities during his speech at the just-concluded Bitcoin Conference in Nashville. Speaking virtually on July 26, Snowden highlighted the looming risks to personal privacy posed by advancements in AI and blockchain technology. Snowden Warns of AI Threats to Bitcoin Privacy Snowden warned that sophisticated AI models could soon scrutinize blockchain transactions. This development threatens to undermine the privacy of cryptocurrency users globally. He emphasized that Bitcoin transactions, contrary to…
10 months ago
From Telegram to Session: Navigating Privacy in the Era of Data Breaches
Over the past decade, privacy has become of utmost importance to tech users globally, particularly with instances of high-profile data breaches continuing to make headlines. The gravity of this situation was starkly illustrated earlier this year when cybersecurity researchers uncovered a colossal database leak encompassing an astounding 26 billion records. The stolen information originated from a wide array of major platforms, including social media giants like X (formerly Twitter) and LinkedIn, file-sharing service Dropbox, creative software provider Adobe, and even…
11 months ago
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PrivacyAnyone Integrates peaq Data Streams Using Synternet to Power Privacy Applications
Gibraltar, Gibraltar, July 3rd, 2024, Chainwire peaq’s data streams are now available to Anyone (formerly ATOR) builders through Synernet’s Data Layer. Peaq streams will provision real-time DePIN data for developers building privacy applications on Anyone. Anyone builders can now incorporate decentralized data feeds into their relay operations courtesy of peaq. Delivered through Synternet’s dedicated data network, the arrangement will expand Anyone’s capabilities in privacy-first hardware and provide developers with reliable blockchain data on demand. By subscribing to peaq’s data streams,…
11 months ago
StealthEX Partners with Secretblock to Boost Crypto Privacy
StealthEX, an instant non-custodial crypto exchange, is glad to announce that it has partnered with Secretblock, a privacy bridge protocol. With this integration, StealthEX expands the Web3 landscape and facilitates the process of exchanging digital currencies even further. The partnership of these two platforms is sure to prove a prosperous one and bring more diversity into the crypto space by seeking to meet the growing need for privacy and security in the cryptocurrency field. Enhancing Privacy with Secretblock The most…
12 months ago