Update on beta testing payments in Signal

Update on beta testing payments in Signal

Signal has often been asked if we can build something to support this kind of payments use case for a better alternative future (one that isn’t dominated by big tech).

PayPal will let United States users pay with Bitcoin, Ethereum and Litecoin

PayPal will let United States users pay with Bitcoin, Ethereum and Litecoin

After rolling out the ability for US users to directly buy and sell cryptocurrency directly from their accounts last November, PayPal’s new “Checkout with Crypto” allows users to instantly convert their Bitcoin, Ethereum, Litecoin, or Bitcoin Cash to US dollars that PayPal then uses to complete the transaction.However, you can only use one type of cryptocurrency for each purchase you make.

CipherTrace Announces World’s First Monero Tracing Capabilities...

CipherTrace Announces World’s First Monero Tracing Capabilities...

CipherTrace’s contract with DHS Science & Technology Directorate resulted in the development of forensic tools for law enforcement and government agencies to trace and visualize Monero transaction flows for criminal investigations.

Credit card companies are tracking shoppers like never before: Inside the next phase of surveillance capitalism

Credit card companies are tracking shoppers like never before: Inside the next phase of surveillance capitalism

Companies have been tapping into transaction data to sell us more things as early as the 1990s, when credit card giants such as American Express analyzed purchases to tailor special offers to cardholders.

Vac - What Would a WeChat Replacement Need?

Vac - What Would a WeChat Replacement Need?

We want something that is self-sovereign, private, censorship-resistant and open that allows individuals and groups of people to communicate and transact freely.In order to get a lot of the features WeChat provides, we need the ability to do three things: communicate, store data, and transact with people.

LogMeIn (LastPass) to be acquired by Private Equity Firms

LogMeIn (LastPass) to be acquired by Private Equity Firms

LogMeIn announced yesterday that it will be acquired by Private Equity Firm for approximately $4.3 billion in an all-cash transaction.LogMeIn announced yesterday that it will be acquired by Private Equity Firm for approximately $4.3 billion in an all-cash transaction.

Dutch data regulator criticizes banks' use of payment data for ads — Quartz

Dutch data regulator criticizes banks' use of payment data for ads — Quartz

The bank said in an email that it was in talks with the regulator and that does not currently “send its customers personal offers for relevant ING products and services based on transaction data, and will not start these practices for the time being either.”.

Top 3 Bitcoin Wallets for Privacy and Anonymity

Top 3 Bitcoin Wallets for Privacy and Anonymity

Besides, Wasabi supports Tor connections for greater security and a Coinjoin system that completely anonymizes the coins inside a wallet by mixing them in a pool with several users and throwing the same balance for everyone in one address and the spare change in another.

Privacy Matters And More For Our Trading Choices

Privacy Matters And More For Our Trading Choices

Even DEX’s fail to protect user privacy as sensitive information like receiving and sending address, and the transaction value is often saved on a public blockchain for anyone to see. Zero-knowledge proof explained with following example:Peggy knows the magic word that will open a secret door in a cave.

Cryptocurrency in the Era of GDPR

Cryptocurrency in the Era of GDPR

This clearly means that transaction data can be considered as Personally Identifying Information when in the right hands, and that sadly many cryptocurrencies are therefore not GDPR compliant. These are known as privacy coins, and their masking of transaction data means that they are mostly untraceable.

I Scraped Millions of Venmo Payments. Your Data Is at Risk

I Scraped Millions of Venmo Payments. Your Data Is at Risk

I could see a public API endpoint that was returning the data for this feed, meaning that anyone could make a GET request (like a simple page load) to see the latest 20 transactions made on the app by anyone around the world.

Crypto Bans & Privacy Coins

Crypto Bans & Privacy Coins

Privacy coins are cryptocurrencies that utilize features designed to mask data surrounding a transaction. It’s also worth mentioning there are a host of other privacy coins out there to choose from. The Indian government can go to hell.

Integrating Network-Layer Privacy Protections With Cryptocurrencies

Integrating Network-Layer Privacy Protections With Cryptocurrencies

While significant effort has focused on protocol-layer protections, publications mapping IP addresses through tracking transaction broadcast origins and subsequently making connections with identities (through public keys) have amplified concerns that protocol-layer solutions are not the only means needed to safeguard privacy.

Tor Accepts Dash Donations, Advancing Privacy Initiative

Tor Accepts Dash Donations, Advancing Privacy Initiative

The Tor Project is now accepting donations in Dash and eight other cryptocurrencies to fund the initiative of increasing individuals’ privacy for “protection against tracking, surveillance, and censorship”. These features help Dash better service consumers that wish to maintain their privacy, which makes it a great pairing for Tor donations.

Identity and Card Theft – Shielding Yourself from the Unsafe Small Business

Identity and Card Theft – Shielding Yourself from the Unsafe Small Business

Use credit instead of debit – When running a transaction as debit and entering your PIN, you are foregoing many of the protection features of the card per your user agreement.

Kris Constable's digital log

Kris Constable's digital log

This means there will be a new wave in short order of FinTech apps that are offering you services to make your financial life easier — and the question will be the same as your web surfing and free email service choices — will you accept the convenience of what they offer, in exchange for your privacy?

BEAM vs. Grin: A Complete Comparrison – Real Simple Crypto

BEAM vs. Grin: A Complete Comparrison – Real Simple Crypto

As BEAM and Grin have started taking their first steps as live implementations of the MimbleWimble protocol, however, questions have begun to come up about what each project aims to do, how they aim to do it, and the groups behind them.

Grin and BEAM: Two Groundbreaking Private Cryptocurrencies Just Went Live

Grin and BEAM: Two Groundbreaking Private Cryptocurrencies Just Went Live

Two further privacy-oriented cryptocurrencies launched in January 2019: Grin and BEAM. The blockchain technology was proposed by an anonymous developer called Tom Elvis Jedusor – an anagram of “Je Suis Voldemort.” MimbleWimble is built with privacy at its core.

Zash (ZEC) - All You Need to Know

Zash (ZEC) - All You Need to Know

This construction allows two users to transact on the blockchain by obfuscating the information of both the sender and receiver along with the amount. Below is the list of exchanges that allow buying/exchanging of Zcash using various fiat or crypto coins.

Private Transactions: 3 Cryptocurrencies More Private Than Bitcoin

Private Transactions: 3 Cryptocurrencies More Private Than Bitcoin

Thirdly, it uses burn-after-reading “stealth addresses.” Unlike Bitcoin, where anyone can track your wallet address on the blockchain, the only person who sees your Monero address is the one you’re transacting with. Unlike Monero, however, privacy isn’t “on” by default with Zcash.

How to Use Crypto Anonymously part 1: Bitcoin Isn’t as Anonymous as You Think

How to Use Crypto Anonymously part 1: Bitcoin Isn’t as Anonymous as You Think

If someone knows my public address, they can search for it and see every bitcoin transaction I’ve ever made, how much was involved, and which other “public addresses” I’ve interacted with. Your bitcoin transactions are only private until someone pierces your pseudonym.

Pseudonymisation and the Blockchain: why would an honest person need a privacy coin?

Pseudonymisation and the Blockchain: why would an honest person need a privacy coin?

Private keys, under the control of individuals, remain hidden from the system forever… Indeed, according to Bill Gates and plenty of others, the anonymity associated with Bitcoin and other cryptocurrencies is what makes them attractive to criminals, and therefore implicated in death and destruction worldwide (let’s hope no Windows computers have ever been used in such misadventures, otherwise where else could guilt by association be implied..?

3 Reasons Privacy Coins Are Unlikely to Overtake Bitcoin

3 Reasons Privacy Coins Are Unlikely to Overtake Bitcoin

Because of this appcoin nature of privacy coins, many users prefer to, for example, hold bitcoin and switch into monero only when they need to make a transaction.

Trudeau defends Statistics Canada move to collect banking info of 500,000 Canadians

Trudeau defends Statistics Canada move to collect banking info of 500,000 Canadians

Conservative House Leader Candice Bergen grilled Trudeau during question period Monday following a report by Global News that revealed Statistics Canada is asking the country’s nine largest banks for the transaction data of 500,000 randomly chosen Canadians, including everything from bill payments to cash withdrawals from ATMs to credit card payments and even account balances.

A Cypherpunk's Manifesto

A Cypherpunk's Manifesto

Therefore, privacy in an open society requires anonymous transaction systems. An anonymous system empowers individuals to reveal their identity when desired and only when desired; this is the essence of privacy. We are defending our privacy with cryptography, with anonymous mail forwarding systems, with digital signatures, and with electronic money.

What’s the difference between Monero, Zcash, and BEAM?

What’s the difference between Monero, Zcash, and BEAM?

That means that when Monero reaches Bitcoin’s current scale concerning the total number of transactions, its blockchain will be about 5 terabytes — hardly sustainable for a regular PC, let alone on smaller devices.

Google, Mastercard have ‘secret partnership’ to track in-store transactions: report - National

Google, Mastercard have ‘secret partnership’ to track in-store transactions: report - National

Google and Mastercard have had a secret partnership for the past year in which the credit card company has shared U.S. transaction data with the tech giant, according to a report by Bloomberg.

Google, Mastercard allegedly had an ad-vantageous tracking deal

Google, Mastercard allegedly had an ad-vantageous tracking deal

According to the site’s sources, Google paid Mastercard for credit card transaction data. Naturally, privacy advocates will go nuts over this report, especially since it involves Google as well as one of the world’s largest credit card companies.

Fiserv Flaw Exposed Customer Data at Hundreds of Banks — Krebs on Security

Fiserv Flaw Exposed Customer Data at Hundreds of Banks — Krebs on Security

Two weeks ago this author heard from security researcher Kristian Erik Hermansen, who said he’d discovered something curious while logged in to an account at a tiny local bank that uses Fiserv’s platform.