Russia is preparing to launch a new cryptocurrency surveillance service that promises to end anonymity on blockchain networks like Dash and Monero. This and more news in this handy daily digest so you're always up to date with the most shocking events happening within the crypto world.
📍The Russian Federal Financial Surveillance Service is designing a new tool for monitoring cryptocurrencies, . Named Transparent Blockchain, this tool will allow the government to track transactions and movements that take place within the different networks block chains, included Dash y Monero. The tool will also allow for the identification of providers of services and products related to cryptocurrencies. The Federal Financial Surveillance Service reported that Transparent Blockchain will be developed using Artificial Intelligence (AI) and is intended to eliminate anonymity in cryptocurrency transactions to prevent the financing of illegal activities.
(I.e.Mitsubishi Corporation RtM Japan, a subsidiary of the renowned multinational Mitsubishi, Incorporates Blockchain technology to improve the company’s precious metals supply chain. With the implementation of the technology, Mitsubishi’s supply chain will have complete and absolute control over trading, invoicing, ordering and even data recording between precious metals industry participants.
📍Orbs, an Israeli blockchain company, sent him a open letter French President Emmanuel Macron highlighted the properties of blockchain technology as a great ally in the management of humanitarian aid following the tragic explosion in Beirut, Lebanon, on August 4. The company notes that the transparency and immutability of blockchain technology could minimize the fears of private and foreign donors, implementing humanitarian aid in much more effective, efficient, secure and reliable ways.
📍1inch.exchange claims that with the launch of its own decentralized exchange (DEX), mooniswap, will provide a feasible solution to the problems of temporary and early losses that occur in these types of exchanges. To solve these problems, Mooniswap promises to return higher returns to liquidity providers instead of arbitrage traders.
📍The implementation of PayJoin en Wasabi wallet adds a privacy feature that allows the wallet hide the trail of cryptocurrency mixing. The document explains that the new support integrated into these wallets allows breaking with the heuristic (historical sources) of common input ownership, eliminating traces that transactions were made with the coinjo, in addition to also significantly reducing transaction commission fees, undoubtedly an extra benefit for privacy lovers.
Continue reading: China: BSN integrated 6 blockchains into its service network, while WeChat is banned in the United States
