Russian Foreign Intelligence accepts data from citizens using their virtual office in the darknet. This is the first office of the kind in Europe. Russia has followed the lead of the USA that was a pioneer in establishing a darknet office.
Individuals and businesses are often cautious about cryptocurrency due to its allegedly criminal reputation. True, money launderers often take advantage of crypto anonymity and decentralization to conceal illegal income. However, facts prove that their number one choice is fiat money.
For a couple of decades, people have misused the anonymity features of most cyber platforms to attack, abuse or harm others and this has been a big problem to society. But now, blockchain-based digital IDs could be a solution to combat online abuse and trolling while observing maximum anonymity.
Launched in September 2020, Blender Wallet by Blender.io, a recognized privacy team, represents a new-gen approach to anonymous Bitcoin (BTC) wallets. It merges an unparalleled level of decentralization and an intuitive user interface.
Privacy coins have been the lasting concern of the governments and financial authorities. Their enhanced anonymity features allow to use the coins for illegal purposes such as tax evasion, money-laundering, terrorism financing, drug trading, cryptojacking, etc.
The anonymity of cryptocurrency transactions has been a pain in the neck of most financial regulators. Countries are strengthening their regulation to track those wishing to use digital currencies for illegal purposes. However, the community players are constantly seeking ways to preserve their privacy.
XMR developers announced the release of a new update that would help to preserve and enhance the coin’s privacy feature. According to the Monero blog, the new node software will allow for improvement of transaction size and speed, while still preserving complete anonymity.
The Russian intelligence agency has developed a new artificial intelligence (AI)-based system to track and de-anonymize Bitcoin (BTC) and other cryptocurrency transactions. Does it mean that privacy coins will lose their popularity?