Posts

Showing posts with the label privacy

Weekly Project Updates: Sony Launches Soneium Blockchain, Multiple Exchanges Announce Listing of SOL Liquid Staking, Trump Unveils New NFT Collection, etc

Image
1. Ethereum Foundation Announces Q2 2024 Grant Recipients link The Ethereum Foundation announced that it allocated over $8.47 million in grants during the second quarter of 2024 to support global conferences, hackathons, cryptography research, developer tool development, and other projects. The grants include support for conferences like ETH Beijing, ETH Tokyo, and ETHWarsaw, as well as research initiatives such as the Anon Aadhaar protocol. Additionally, the funding was directed towards tools like the Circom Language Server and MEDGA Solidity Debugger, and protocols including the Account Abstraction Core Team and the Ethereum Protocol Fellowship. 2. Sony Unveils Soneium Blockchain Public Testnet link Sony’s blockchain division, Sony Block Solutions Labs, announced the launch of the public testnet Minato for its Soneium blockchain, which is built on the Optimism technology stack. The company also initiated a developer incubation program. Early experimenters on this network include Circ...

Hackers leak El Salvador’s Bitcoin wallet source code after massive privacy breach

Image
Cybersecurity concerns surged in El Salvador in April when the same hacker group conducted two significant hacking activities. First, a massive data privacy breach from an unconfirmed source and, second, sensitive information of the government’s Bitcoin (BTC) wallet, Chivo. The hacker group CiberInteligenciaSV was behind a massive personal data breach on April 6 that affected 5.1 million Salvadorans. More recently, the same hackers leaked Chivo Wallet’s source code and ATM network VPN credentials. Chivo is a government-backed custodial Bitcoin wallet that has been the center of controversy among peer-to-peer money enthusiasts and the cypherpunk community. The company has commented on the matter, calling it “fake news” in a press release on April 24 on X (formerly Twitter). Picks for you US demands 3 years in jail for Binance founder CZ 50 mins ago Biden proposes highest Capital Gains Tax in over 100 years for stocks and crypto 2 hours ag...

Researchers propose new scheme to help courts test deanonymized blockchain data

Image
A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators. A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and court s can use to determine the validity of deanonymized data on the Bitcoin (BTC)  blockchain . The team’s preprint paper, “Argumentation Schemes for Blockchain Deanonymization,” lays out a blueprint for conducting, verifying and presenting investigations into crimes involving cryptocurrency transactions. While the paper focuses on the German and United States legal systems, the authors state that the findings should be generally applicable.  Bitcoin-related crime investigations revolve around the deanonymization of suspected criminals, a process made more challenging by blockchain s’ pseudonymous nature. Users conducting blockchain transactions are identified by wallets (unique software address...