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Privacy coins: Have the good coins gone bad?

Every year more and more people become crypto enthusiasts and believe in the future of blockchain technologies and cryptocurrencies. But stereotypes are still alive. One of them says that to buy or use private cryptocurrencies is a lot of darknet users and frauds. And as we know – there is no smoke without fire. In fact, there is no fire anymore, but there is definitely a smouldering ember. The privacy of some coins makes them a preferred payment method for felons, illegal activities financing, and money laundering. But we always should remember that this level of privacy was created primarily...

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Coinbase won’t be listing Monero any time soon due to regulation worries according to Brian Armstrong

Brian Armstrong has said that he won’t be listing Monero as it's still untested grounds for lawmakers across the United States.  Speaking in an interview, Armstrong said that he wanted to take a more conservative approach so that they would pass the test of time in the long run. The Chief Executive Officer of the Coinbase platform, Brian Armstrong has said that he won’t be listing any privacy coins such as Monero as they are still untested grounds for lawmakers all across the United States. Speaking in an interview last week on the 24th of July with Peter MacCormack, Armstrong...

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Former Monero Lead Maintainer Talks on CBDCs & Privacy

Australia are now demanding customers to provide detailed invoices about the use of their funds as a condition for honouring transactions. Riccardo Spagni recently spoke on the state of privacy in the context of many problems that have come up over the past few months. Over the past 30 years, we have seen many advancements in technology. This includes things that are day-to-day uses such as smartphones, computers and of course, cryptocurrency. In a recently surfaced report, it indicates that banks in Australia are now demanding customers to provide detailed invoices about the use of their funds as a condition...

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Is Trezor Prone to Breaches? Ex-Monero Maintainer Riccardo Spagni Seems to Think so 

Ever since the leading cryptocurrency came into existence more than a decade ago, breaching attacks have always been able to make the headlines. The rising trend of hacks and security breaches alone show there has always been some pretty substantial development in regards to avoiding such activities. Ever since the leading cryptocurrency came into existence more than a decade ago, breaching attacks have always been able to make the headlines. Even when it comes from established platforms that have seen security compromised due to malicious actors, it seems that no one is able to escape the dreaded scammers. The rising...

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Europol Might Hinder Monero's Progress

An Europol official recently found that Monero (XMR) transactions could not be traced between the sender and receiver. Europol is said to be looking closely at anonymous coins, which was why officials were looking at Monero. In recent years, Europol has made efforts to reduce the usage of anonymous coins, including Bestmixer which was one of the most popular Bitcoin mixing services. New legislation is expected to come in 2020 in the U.S. Congress which would push coin exchanges to record crypto assets’ transaction history and origins to cut down on the usage of cryptocurrencies for illegal activities. Monero would...

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