Privacy isn't a luxury in crypto; it's a necessity — Midnight CEO

The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the implementation of some of them was constantly delayed, while others proved to be of limited efficacy.This was the issue until Ethereum’s…

Binance CEO Changpeng Zhao shed new light on the exchange’s compliance roadmap and its users’ take on KYC so far. 1984 Total views 16 Total shares Major crypto exchange Binance took a compliance-friendly approach to its business after years of cat-and-mouse game with regulators around the world and it worked surprisingly well in terms of…

A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds. 270 Total views 7 Total shares State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept.…

Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5.Per the announcement, users of the wallet can now store, send and receive Liquid Bitcoin (L-BTC) and Issued Assets on the Liquid sidechain. The Liquid Network project, first discussed in…

This is how Ripple’s next product might be called. Ripple, a major cryptocurrency firm developing XRP-based products, continues to actively claim rights on new business trademarks.Over the past month, the company filed four trademark applications to the United States Patent and Trademark Office (USPTO), according to publicly available data on the USPTO website.The latest trademark…

Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction took place as DOW, S&P 500 and oil futures plummeted as investor fears over the economic impact of the coronavirus continue to intensify. Crypto market daily…

The initiative wants to set clear boundaries for the personal data accessed by third parties. 1216 Total views 9 Total shares Oasis Labs, the commercial venture closely related to the Oasis Protocol blockchain, announced a new data privacy project built in collaboration with BMW Group.Announced on Wednesday, the collaboration between the two companies aims to…