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On January 30, Nexo, a digital assets institution, achieved affirmation of its security and privacy protocols by attaining the ISO 27017 and ISO 27018 certifications , per the information shared with Finbold. This builds upon the established foundation of ISO 27001 standards within the organization. Awarded by RINA—a multinational inspection, certification , and engineering consulting company renowned for its standards—reflects a dedication to safeguarding client data, bolstering cloud security, and upholding privacy standards in the contemporary digital landscape. The importance of implementing robust security measures has become increasingly apparent. In 2023, despite a 50% reduction in losses attributed to security incidents within the cryptocurrency sector, the total still amounted to $1.7 billion. This figure underscores the significance of Nexo’s adherence to security standards. The collaborative impact of ISO 27001, ISO 27017, and ISO 27018 Acknowledged for its Informati...

Huddle01 CEO Ayush Ranjan tells The Agenda podcast why centralized communications technology is unreliable and requires a decentralized alternative. The means by which humans communicate and coordinate are ever-evolving. People went from sending smoke signals and messengers on horseback to sending letters and telegrams, and since the dawn of the digital era, the pace of innovation has exploded. Today, hundreds or even thousands of people from around the world can gather in a Twitter Space or Zoom call and communicate in practically real-time. But people still primarily communicate via central ized platforms that retain and monetize user data, suffer from outages, have the power to censor speech, and face problems such as severe lag. So, what would a de central ized Web3 version of a communications and meeting platform like Zoom or Google Meet look like? To find out, Jonathan DeYoung and Ray Salmond sat down with Ayush Ranjan, co-founder and CEO of Huddle01 — a Web3 meetings and commu...

Ethereum(ETH) co-founder Vitalik Buterin; core developer Ameen Soleimani; Jacob Illum of Chainalysis; and scholars Matthias Nadler and Fabian Schar have co -authored a research paper on a novel privacy protocol dubbed “Privacy Pools.” The paper presents a framework, positioning it as a potential successor to Tornado Cash, a privacy-centric service that recently came under regulatory scrutiny. 1/ New privacy paper with @VitalikButerin, Jacob Illum (@chainalysis), @mat_nadler, @fschaer!https://t.co/ovH1iYXXY6 We explored new compliance opportunities made possible by https://t.co/Nt4b2Tgx1D, where users can provably dissociate from illicit funds. story below pic.twitter.com/Tq0zYfbwlL — Ameen Soleimani (@ameensol) September 6, 2023 Privacy Pools is a “smart contract-based privacy-enhancing protocol” designed to balance financial privacy and regulatory compliance. Using advanced cryptographic techniques like zero-knowledge proofs, the protocol verif...

Join Our Telegram channel to stay up to date on breaking news coverage The most populous of the seven emirates of the UAE, Dubai, recently brought a set of rules for crypto that was initially praised for obligating crypto firms to seek licenses from a crypto-specific regulatory body in order to operate within its territory. However, upon further inspection, it was revealed that the rules also prohibit the use of privacy coins in the region. Privacy coins, like Monero (XMR), Zcash (ZEC), and others, are known for using advanced technologies that allow crypto users to move money anonymously. While all other cryptocurrencies are purely pseudonymous, these ones still allow users to hide their identity when transferring funds, which is now banned in Dubai. BREAKING: DUBAI PROHIBITS PRIVACY COINS LIKE $ZEC AND $XMR pic.twitter.com/rebZqMUeho — DEGEN NEWS 🗞️ (@DegenerateNews) February 8, 2023 The region prohibit s all activities related to privacy coins , inc...

A Trusted Setup ceremony is an initial process needed to secure systems which utilize zero knowledge proofs. Manta Network has recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph. The setup was done in order to help create MantaPay, an app that intends to allow for private payments between individuals. 8/ 2022 also saw the launch of the world’s largest trusted setup on Polkadot by @MantaNetwork, spanning 177 countries with over 13,000 participants and counting. This technology is essential for building a better, more secure web that keeps sensitive information private. — Polkadot (@Polkadot) December 31, 2022 According to the company, MantaPay will run on the PolkaDot parachain Manta Network, and on the Kusama parachain Calamari. It will use zero-knowledge-proofs (ZKPs) to ensure that only the sender and recipient of each payment will be able to view the payment. Setting up a z...