Are noncustodial crypto wallets a practical option for the everyday hodler?

Are noncustodial crypto wallets a practical option for the everyday hodler?

As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet.  Crypto wallets are programs that allow users to store, send and receive cryptocurrency. Each wallet has a private key…

Tornado Cash is the latest chapter in the war against encryption

Tornado Cash is the latest chapter in the war against encryption

The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal government seems groundbreaking. However, tussles between the private sector and the state on the issue of privacy are…

New York Judge orders Tether to document USDT backing

New York Judge orders Tether to document USDT backing

The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is required to provide “general ledgers, balance sheets, income statements, cash-flow statements, and profit and loss statements” and…

Coinbase to hand out ENS usernames to simplify wallet transactions

Coinbase to hand out ENS usernames to simplify wallet transactions

As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service (ENS) to give their customers usernames to replace their traditional Coinbase crypto wallet addresses.  In a post, the exchange announced that it will be handing out free “name.cb.id” usernames. Through Coinbase…

Litecoin Foundation’s managing director shares his thoughts on decentralized money

Litecoin Foundation’s managing director shares his thoughts on decentralized money

Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin Foundation’s managing director, Alan Austin, about why he thinks Litecoin’s…

US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions

US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions

Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could help strengthen the government’s response to foreign entities looking to use digital assets for illicit means.  In a Tuesday hearing of the Senate Banking Committee covering…