Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for commercial reasons.
Somehow we accept that financial transactions get turned over to the government by default without a warrant, says civil liberties lawyer Marta Belcher, a speaker at this year's Consensus festival.
The feature was reinstated after advanced users complained about the constraints of Wasabi’s automated version of coin control, called “privacy control,” introduced in a previous upgrade.
Privacy Pools uses zero-knowledge proofs to prove that funds in anonymous transactions are not linked to criminal activity, such as North Korea’s $625 million hack on Axie Infinity.
Under the design for Polygon ID, a bar owner could theoretically use the credential-verification system to verify a patron is of age, without ever having to look at any identification card.
The EU's comprehensive Markets in Crypto Assets (MiCA) regulation is ambitious and sets a high standard globally. Article 68, however, goes too far and poses a risk to innovation, privacy and security.