• IRS Chainalysis Monero contract
    The IRS is betting $1 million that blockchain intelligence firms can learn to trace Monero (Photo: Pixabay/Gerd Altman)
    Alt coins,  Bitcoin,  Regulation,  United States

    IRS bets $1M Monero transactions are traceable

    The IRS decision to spend big bucks with Chainalysis and Integra FEC indicates that its criminal investigations division is eager to follow up its successes in tracking Bitcoin

    October 1, 2020 /

    Crypto intelligence firm Chainalysis and the data analytics company Integra FEC will each receive an upfront payment of $500,000 so they can begin developing their proposed tool. America’s taxman said it was seeking “innovative solutions” for tracing XMR, as well as off-chain transactions conducted using Layer 2 scaling networks.

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  • CipherTrace adds Monero tracking
    Blockchain intelligence firm CipherTrace claims it can now trace Monero transactions (Photo: Pixabay)
    Alt coins,  Regulation

    CipherTrace adds Monero tracking capability

    Thanks to a partnership with the U.S. Department of Homeland Security, the blockchain intelligence firm says it now has the capability to trace transactions using the leading privacy coin

    August 31, 2020 /

    Three months after a Carnegie Mellon University study found that the number of traceable transactions via privacy coin Monero were “nearly zero," CipherTrace said it has come up with a solution.

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  • Zcash traceable
    Tracking Zcash? It's elementary! (Photo: Marco Verch)
    Alt coins,  Technology

    Without a trace? Not Zcash, researchers warn

    It has been billed as a privacy coin boasting advanced cryptographic technology, but new research suggests these features are going unused

    May 25, 2020 /

    A new study by Carnegie Mellon University has uncovered a huge problem with one of the biggest privacy coins… just 0.09% of Zcash transactions in a 30-day period were untraceable.

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  • Carnegie Mellon MakerDAOs out like bandits (via CMU).
    Carnegie Mellon MakerDAOs out like bandits (via CMU).
    Cryptocurrencies,  People,  Uncategorized

    MakerDAO co-creator donates $1.4 million in MKR to Carnegie Mellon

    A former chief architect for the MakerDAO project gave 3,200 MKR tokens to his prestigious alma mater to advance open-source DeFi design

    January 2, 2020 /

    Nikolai Mushegian, a former chief architect for the MakerDAO project, has donated $1.4 million worth of MKR tokens to Carnegie Mellon University to fight the flood of blockchain patents he fears will drown innovation.

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