MetaMask Enhances User Privacy With New Wallet Update

MetaMask, a popular Ether (ETH) wallet and browser extension, has just released a new major application upgrade. Announcing the news on July 2, MetaMask outlined that the new update, MetaMask Version 8, offers a number of new features like enhanced privacy control and a new account-login system. MetaMask users can now switch between several accounts to protect privacy MetaMask’s new “Unparalleled Privacy Control” feature is focused on protecting private user information while connecting the app to a certain website. As such, MetaMask V8 offers users to select one or more…

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Incognito Blockchain Launches DeFi Privacy for Kyber

Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously. First announced on April 24, Incognito’s open-source technology enables anonymity for smart contract-based protocols, making it possible for any Ethereum-based decentralized app to integrate pKyber. Making DeFi private The company claims that the DeFi environment is increasingly facing privacy concerns from seasoned crypto users and traditional investors looking to explore “a new economy.” Within the integration, Incognito will offer users the option to hide…

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Visualize Crypto Transaction Privacy Scores With Blockchair’s ‘Privacy-o-Meter’

On June 24, the block explorer and blockchain data platform, Blockchair, announced the launch of a new privacy tool called the “Privacy-o-meter.” According to Blockchair, the new service combats blockchain surveillance companies by highlighting privacy issues for crypto transactions. This week the blockchain explorer and crypto analytics firm, Blockchair, revealed a new tool that aims to show people some of the privacy issues involved with crypto transactions they send. The team has explained that in the future there will be other features coming like address clustering/tagging and other insights that…

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Blockchains Are an Excellent Solution for Privacy, Part 1

Several data violations, like the Cambridge Analytica scandal, have brought forth questions regarding how companies and governments should deal with the data entrusted to them, and they have also increased the search for the development of new technologies to preserve the privacy of companies and users. Consequently, countries and regulators have rushed to set new compliance requirements to deal with user privacy and data collection — like the General Data Protection Regulation in Europe or the General Data Protection Law in Brazil, to name a couple. Parallel to that, there…

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Casa Releases Self-Custody Bitcoin Wallet Focused on Privacy

New York-based crypto custody startup Casa has released a new wallet for Bitcoin newbies and long-term HODLers.   In a Casa blog post on June 13, the crypto firm that provides a private key management service announced it had created Casa Wallet after an investment from venture capital fund Mantis VC. A software wallet designed around privacy, Casa Wallet allows users to not provide any personal information apart from a first name and email.  In addition, unlike some software wallets like Exodus, Casa said its users do not need to set…

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Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts

Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21. While the project has extolled the virtues of immutability and declared that “code is law,” many within the Ethereum (ETH) community are advising against depositing funds into the protocol. Tornado.cash opts for complete immutability Tornado notes that “[t]here are pros and cons” to its dedication to immutability, declaring heightened decentralization and the inability for smart contracts to be altered as positive virtues of the protocol. However, the developers concede that “the…

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The Incognito Project Will Give Ethereum DeFi Monero-Like Privacy

Incognito is a new privacy and interoperability project that seeks to anonymize the tokens of every other blockchain. As part of that goal, it is launching private versions of leading Ethereum (ETH) decentralized finance platforms. Announced on April 24, the pKyber initiative is the first part of Incognito’s initiative to make DeFi private. First theorized in October, pKyber began full-scale testing on April 24. The team plans to release this to the Incognito mainnet on May 7. How does it work? Incognito is a standalone blockchain that focuses on private…

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Privacy Altcoin Beam to Execute Second Hard Fork in June 2020

Privacy-focused altcoin, Beam (BEAM), will soon execute its second hard fork. This fork will upgrade its Proof-of-Work (PoW) algorithm and activate new network features. According to an April 22 blog post, Beam’s second fork will occur at block 777,777, shifting the network’s PoW algorithm from BeamHash II to BeamHash III. The new PoW algorithm is expected to be a major improvement to the Beam mining network, and will enable fuller GPU card capabilities. Additionally, the firm said that the hard fork is designed to unlock some new features like confidential…

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‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto

The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former anti-virus software tycoon also stressed to the public on Twitter that by combining Ghost with his dex, governments won’t be able to shut the project down. Also read: Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout McAfee Is Launching…

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Bitcoin.com’s Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash Privacy

Bitcoin.com’s Cashfusion Fund officially surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations. The funds will go toward Cashfusion developer expenses and a security audit from Kudelski Security. Bitcoin.com also matched the funds donated so Cashfusion can provide bitcoin cash users with the best privacy methods available today. Also read: Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts Cashfusion Provides Greater Privacy Than Traditional Coinjoin Protocols Cashfusion has been considered a powerful tool when it…

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