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“# Bitcoin network node count sets new all-time high ” The number of reachable Bitcoin network nodes has crossed the 13,000 mark for the first time. As previously reported by Cointelegraph, the previous all-time high was 11,613 achieved back in January. According to data from Bitcoin network statistics dashboard Bitnodes.io, this milestone was reached back…
“# Privacy-preserving computation on blockchains could prevent breaches ” In the 19th century, the barons of American industries rose to prominence by leveraging their hold on tangible resources like oil and steel. Today, corporate titans seek to attain even greater heights of wealth by gathering consumer data. But now, like then, the benefits of accumulating…
“# EY publishes Ethereum scaling solution to the public domain ” EY’s attempts to promote secure, private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3. The company announced the news via a release on July 1 stating that Nightfall 3 combined ZK proofs with optimistic rollup — ZK-Optimistic…
“# Smart cities are the future, but they might threaten privacy ” You might have heard the term “smart city” before — a futuristic, utopian idea that we might see implemented in the foreseeable future. Indeed, some metropolises — like Singapore, Seoul, Amsterdam, Oslo and Tokyo — are already on their way to becoming “smart.” …
“# Bitcoin Taproot locked in to improve privacy and introduce smart contracts ” On June 12, Bitcoin (BTC) mining pool Slush Pool mined block 687,285 with the transaction including a Taproot upgrade activation signal. That particular block was the 1,816th to include a signal for Taproot activation by a BTC miner within the difficulty epoch…
“# Banning cryptocurrencies to counter crime is a nonsensical excuse ” Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a threat to the legacy financial system, and as the technology itself is still in…
“# Former LA Dodgers owner earmarks $100M for blockchain-based social media ” Frank McCourt, a billionaire real estate mogul and former owner of the Los Angeles Dodgers, is backing a new effort for a decentralized social media project based on blockchain technology. McCourt is investing $100 million into an attempt to reinvent the foundations of…
“# Digital euro offers better privacy protections than private stablecoins: ECB official ” European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of…
“# Decentralized identity can bring the analog world into the digital one ” It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust…
“#Florist allegedly hid camera in flowers to get nudes of a woman” A Pennsylvania florist allegedly hid a camera inside a flower arrangement he placed in a woman’s bedroom and downloaded nude photos of her — reportedly claiming he “only wanted to see her naked one time.” Eric J. Belak, 57, who operates Belak Flowers…