The recent Fifth Circuit Court ruling on Tornado Cash, which determined that immutable smart contracts cannot be classified as “property” or services under the IEEPA, has significant implications for privacy-focused technology creators like the Samourai Wallet team. By establishing that decentralized and autonomous code is beyond the regulatory reach of sanctions, the ruling could bolster…
Darkweb Informer’s recent report of a software hack highlights a significant shift in the use of cryptocurrencies on the darkweb, with a threat actor demanding Monero (XMR) as the sole payment method for selling hacked source code and data of Devolver Digital’s Baby Steps game. This marks a broader trend where Monero has increasingly replaced…
Monero.Market, a peer-to-peer e-commerce platform, has enhanced its commitment to user privacy by launching a JavaScript-free website, allowing users to shop and sell securely and anonymously. This development ensures that privacy-conscious users can use browsers like Tor, Librewolf, Mullvad, and Firefox with the Noscript plugin to engage in transactions without exposing personal data or being…
Trocador, an exchange aggregator integrated with Cake Wallet and Monero.com, has facilitated 55,000 BTC and XMR trades, marking a significant milestone. This achievement highlights the platform’s role in providing seamless and decentralized cryptocurrency swaps, particularly valuable as centralized exchanges delist Monero. By enabling users to trade and spend their crypto through services like Cake Pay,…
Chinese researchers have successfully cracked RSA encryption using a quantum computer, marking a significant threat to current cryptographic systems, including those used for secure web browsing, financial transactions, and encrypted messaging apps. This development accelerates the timeline for quantum computers to break widely used encryption methods, potentially compromising the security of sensitive data and impacting…
Haveno, a Decentralized Exchange (DEX) focused on privacy and built around Monero, has reached a significant milestone by facilitating its 1000th trade. This achievement highlights Haveno’s importance in providing a decentralized, censorship-resistant alternative to centralized exchanges, which are increasingly delisting privacy coins like Monero due to regulatory pressures. By allowing true peer-to-peer (P2P) transactions without…
The recent TD Bank money laundering case highlights the stark hypocrisy and double standards in the financial system’s enforcement of anti-money laundering (AML) and know-your-customer (KYC) policies. Despite facilitating over $670 million in laundered funds and failing to monitor $18.3 trillion in customer transactions, TD Bank and its executives face minimal consequences, paying a symbolic…
The European Union’s stringent regulatory approach under the MiCA framework is stifling the development of digital assets, as seen in the delisting of Monero and Tether by Kraken and Coinbase. These measures, aimed at controlling privacy coins and stablecoins, undermine the foundational principles of cryptocurrency, which were built on decentralization, privacy, and financial freedom. By…
The recent breach of U.S. telecommunications networks by Chinese hackers highlights the dangers of government-mandated backdoors in digital systems. Despite being intended for lawful surveillance, these backdoors were exploited by bad actors, exposing sensitive communications and undermining national security. This incident underscores the flawed notion that backdoors can be secure, as any such vulnerability inevitably…
The surprise release of a new privacy wallet named Ashigaru (Japanese for foot soldier) forked from Samourai’s pre-existing privacy wallet, which was released by an anonymous team, whose servers are hosted in Russia, outside the reach of tyrannical US government authorities, has demonstrated defnitively, that privacy in Bitcoin has not died. Ashigaru is the Response…
