Month: August 2020

CipherTrace develops Monero tracing tool to aid US DHS investigations

Privacy and anonymity are the primary benefits of cryptocurrency, yet due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonymous, as each transaction on a blockchain network is transparent, making it possible to trace wallet addresses back to their source.

For example, cryptocurrency intelligence company CipherTrace is capable of tracing several hundred cryptocurrency…

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Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree – Bitcoin News

The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track illicit monero transactions. Despite the firm’s claims, there is zero evidence provided that prove the company actually has…

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Current Fantom price: $0.2141

Fantom’s current price is $0.2141. Fantom has a marketcap of $547.62 M. Its price changed -3.55% down in the last 24 hours.

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