Altcoins

A new report from the U.S. Department of Justice alleges that crypto traders dealing with coins like Monero, Dash, and Zcash are inherently engaging in “high-risk activities.” According to the “Report of the Attorney General’s Cyber Digital Task Force” released by the DOJ on Oct. 8, anonymity enhanced cryptocurrencies, or AECs, undermine and even facilitate
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Google Cloud has joined the EOS blockchain community with the intent of becoming a block producer. This would require an improvement of the EOS community. There are 21 block producers in total on the EOS blockchain and the protocol has often been criticized for excessive centralization.  Block.One also announced that a former Goldman Sachs executive named R. Martin
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Yearn Finance (YFI) developer Andre Cronje has dropped out of public view after reportedly receiving ‘death threats’ from the decentralized finance (DeFi) community and becoming ‘demoralized’. Cronje said he had received a variety of threats after investors raced into his unfinished and unreleased protocol, Eminence (EMN), which was then exploited and drained of $15 million
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Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions. MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin (BTC) in which blocks appear as a single large transaction, preventing the individual inputs and outputs relating to the transactions from being
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Much of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings.  For example, in 2017, the blockchain space witnessed the rise of initial coin offerings, and while the ICO framework quickly attracted billions of dollars in
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Two offices of the U.S. Department of the Treasury have issued advisories on ransomware payouts, which they say pose a threat to national security. The Financial Crimes Enforcement Network or FinCen reminded cryptocurrency processing companies of their duty to file suspicious activity reports when they have a reason to suspect that their services are being engaged
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SushiSwap is widely thought to have syphoned liquidity from Uniswap but new data from Flipside Crypto, a cryptocurrency on-chain analytics resource, suggests that the decentralized exchange’s launch mechanism actually benefited Uniswap by bringing new money into its liquidity pools. On Aug. 28, SushiSwap announced that it would launch its own decentralized exchange and many in
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