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“# Digital ruble must ensure privacy, not anonymity: Russia’s central bank ” Elvira Nabiullina, the head of the Bank of Russia, argued that there is a line between anonymity and privacy regarding the circulation of an upcoming digital ruble. Speaking at a press conference on Oct. 23, Nabiullina said that Russia’s digital ruble will not…
“# US financial watchdog fines early Bitcoin mixer $60M for money laundering ” The founder and operator of some of the first “mixing” services in crypto will have to cough up $60 million to U.S. regulators, even as he faces continued criminal charges. The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Monday a $60-million…
“#How to check if your passwords saved in Keychain were compromised on iOS 14” Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. Apple has introduced a ton of security and privacy features in iOS 14 including blocking trackers…
“# Attempting to stifle encryption is a waste of time, suggests Status security chief ” Corey Petty, a chief security officer at Status messenger, told Cointelegraph that he believes there is no way to marry end-to-end encryption with the type of backdoor access law enforcement agencies continue to lobby for. He also believes that any…
“#Zoom is getting end-to-end encryption next week — but you’ll have to turn it on manually” In June, after relentless pressure from privacy advocates, Zoom said that it’ll extend end-to-end encryption to free users of its video conferencing service, beyond its previous limit to only paying customers. Now, the company is set to roll it out starting…
“# European Central Bank seeks public input on digital euro ” The European Central Bank launched a public consultation on a potential digital euro on Oct. 12. Developments on the central bank digital currency front in the Eurozone have picked up pace amid the COVID-19 pandemic, and the central bank has framed its introduction to…
“# Aztec launches private smart contracts as Ethereum rollup ” Aztec, a privacy protocol developing on Ethereum, announced on Monday the launch of its second iteration, promising private transactions and smart contracts while being cheaper than standard transfers. The layer two solution adopted by Aztec relies on zkRollups, similar to Loopring or ZkSync. All these…
“# U.S. Vs. China: who will win the digital currency war? ” Co-founder and managing partner at Electric Capital, Avichal Garg, is convinced the only way for the U.S. to catch up with China in the digital currency war is by embracing privacy-focused cryptocurrency. According to Garg, the Chinese are already far ahead of the…
“# DOJ says use of privacy coins is ‘indicative of possible criminal conduct’ ” A new report from the U.S. Department of Justice alleges that crypto traders dealing with coins like Monero, Dash, and Zcash are engaging in “high-risk activities.” According to the report by the U.S. Attorney General’s Cyber Digital Task Force called Cryptocurrency:…
“#H&M fined $41 million for tracking employees’ personal lives” H&M has been fined more than $41 million for allegedly tracking hundreds of employees’ personal lives on a company database. Managers at the Swedish retailer’s customer service center in Nuremberg kept meticulous notes on workers’ vacations, illnesses, religious beliefs and family problems starting in at least…