Darknet Market Crypto Revenues Hit All-Time Highs in 2020

A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet marketplaces surpassed the $800 million threshold worth of cryptocurrencies in revenue made … Read more

Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency

Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from Roskomnadzor. In an announcement on its Russian Telegram channel, Binance said it … Read more

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules

A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to the ruling of a three-judge panel from the Fifth Circuit … Read more

66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns

Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” … Read more

The Number of Bitcoin Transactions Slowly Approaches Late 2017 Bull Run Levels

Cryptocurrency enthusiasts often keep tabs on different statistics to determine how the industry is evolving. Ever individual ecosystem has its own setbacks and advantages, although most of the attention still revolves around Bitcoin first and foremost. When it comes to the overall number of daily Bitcoin transactions, it would appear the world’s leading cryptocurrency is … Read more

Meet Memopay, the Bitcoin Cash Advertising Model That ‘Pays for Attention’

There’s a different kind of advertising taking place on the Bitcoin Cash (BCH) network, using an application called Memopay. The ad campaign platform employs a novel approach to advertise someone’s website, product or service by sending a small fraction of BCH to thousands of public addresses with an encoded OP_return message. Also read: BCH Devs Lock … Read more

Samourai Wallet Creates App for Transactions Over Mesh Networks

Ever worried about how will you be able to transact if your ISP (internet service provider) will try to prevent you from sending a transaction or will just not be able to due to a disaster bringing down the needed infrastructure? Setting up mesh networks, which can self-organize without a centralized control hub, is one … Read more

80% of Companies Are Interested in Bitcoin Transactions, Survey Finds

Another survey has revealed that the business world is eager to start using bitcoin to save on transactions costs and reduce dependence on entrenched systems. However, many companies are still concerned that holding bitcoin will make them a target for hackers. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Survey … Read more