• Zcoin changing name to Firo
    Cryptocurrencies,  Technology

    Privacy-focused Zcoin changing name to Firo

    The burn-and-redeem privacy coin is rebranding as it launches a new mainnet and protocol it says provides cash-level anonymity

    The new name comes a week after announcing its new Lelantus protocol, which allows Zcoin holders to burn existing coins and then redeem them in batches for new coins with no transaction history.

  • cryptocurrency enforcement framework
    Cryptocurrencies,  Regulation,  United States

    DoJ launches law enforcement guide to crypto

    The Department of Justice’s extensive report, ‘Cryptocurrency: An Enforcement Framework,’ singles out many of the challenges cryptocurrencies bring to law enforcement

    U.S. Attorney General William Barr today released an 83-page report detailing the threats and challenges cryptocurrencies pose to law enforcement, and in some ways, it’s a doozy.

  • must reads John McAfee in jail
    Bitcoin,  People,  Regulation

    McAfee arrested, for real this time

    John McAfee’s days of skating tax evasion charges by living on a yacht ended with his arrest in Spain; the SEC’s also suing him for shilling ICO’s

    “Don’t want to pay taxes? Use Monero, use a distributed exchange, live a happy life.” So said crypto enthusiast, privacy coin advocate and semi-presidential candidate John MacAfee in an interview with Modern Consensus in February. It turns out he should have added, keep a low profile. Or at least lower than a tongue-in-cheek presidential campaign.

  • Cryptocurrencies,  Regulation

    Report lists crypto red flags—don’t be old, want privacy

    The powerful Financial Action Task Force has released a very broad list of reasons a cryptocurrency transaction should be scrutinized under anti-money-laundering rules

    While some of the crypto red flags are obvious, others are very broad and could well catch legitimate investors in the net—for instance, opening an account and making a lot of transactions despite being old.