Developers behind the privacy-focused crypto Decred have released details about the project’s upcoming privacy rollout. The new features will include hiding user identities and jumbling customer transaction data together, making it harder to track specific coin movements.
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People’s Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system. The first tier will connect the PBoC’s digital currency with commercial banks for currency issuance […]
Investors in messaging app Telegram’s Gram token will reportedly receive the first batch of tokens starting October 31. Telegram has also informed investors that the Gram testnet will be made available a couple of weeks before the tokens are delivered.
Researchers at sharia advisory firm Amanie Advisors have published a white paper certifying that Ethereum’s native cryptocurrency, Ether, is sharia compliant because of its utility token classification.
Through a partnership with the HackerOne bug bounty platform, the Libra Association is inviting the public to report vulnerabilities in the Libra network code, offering a max reward of $10,000.
Though the issue has since been resolved, crypto payments firm BitPay blocked a $100,000 donation made in an unnamed cryptocurrency to charity Amazon Watch, which is working to stop the fires currently ravaging the Amazon rainforest.
Three unnamed members of the Libra Association, the group tasked with overseeing Facebook’s Libra network, have considered leaving the group, citing disappointment related to crypto regulations and fears of backlash from publicly showing support for Libra.
Switzerland’s Federal Data Protection and Information Commissioner (FDPIC) has been tapped by Facebook to oversee Libra and the Libra Association. While Facebook hasn’t been the easiest to get in contact with for the FDPIC, the agency expects to have more information on the Libra project by the end of the month.
To foster widespread digital payments adoption, UK-based banking alternative Monolith has decided to offer Visa debit cards that can be loaded with DGX, DGD, and DAI tokens.
Mu Changchun, deputy director of the People’s Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system.