Encryption – Page 3

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

January 6, 2023 by DIGIT

According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer scientists, and cryptographers do not believe the researchers have made a significant … Read more

Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum

December 19, 2022 by DIGIT

Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum, allowing individuals and organizations to transact privately. Aztec Raises … Read more

Aztec Network secures $100 million in Series B funding led by a16z

December 15, 2022 by DIGIT

With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain. Go to Source Powered by WPeMatico

Only 1% of people can handle crypto self-custody right now: Binance CEO

December 15, 2022 by DIGIT

Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange. Go to Source Powered by WPeMatico

Tornado Cash is the latest chapter in the war against encryption

September 21, 2022 by DIGIT

Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war. Go to Source Powered by WPeMatico

Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

September 20, 2022 by DIGIT

According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers … Read more

Organizations look toward multiparty computation to advance Web3

August 16, 2022 by DIGIT

Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it? Go to Source Powered by WPeMatico

Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’

August 12, 2022 by DIGIT

The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit advocacy group Fight for the Future … Read more

The crypto industry must do more to promote encryption, says Meltem Demirors

June 15, 2022 by DIGIT

Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations. Go to Source Powered by WPeMatico

Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies

February 17, 2022 by DIGIT

Nearly seven out of ten surveyed Americans said they were aware of risks that are associated with cryptocurrencies, a new study by Nordvpn has found. However, about 32% of the respondents said they were not aware of any risks. Understanding Cryptocurrencies According to the findings of a new Nordvpn study, about seven in ten Americans, … Read more