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How to Stay Anonymous While Using Crypto? In the rapidly evolving world of digital finance, privacy has become more than a preference—it’s a necessity. As governments tighten regulations and blockchain analysis tools grow more sophisticated, staying anonymous while using cryptocurrency requires deliberate strategies. This article outlines practical steps you can take to maintain your privacy in the crypto space, whether you’re a casual trader, privacy advocate, or crypto-native. ️ 1. Understand the Difference: Privacy vs. Anonymity Anonymity means your identity is unknown. Privacy means your activity isn’t easily observed, even if your identity is. Most blockchains like Bitcoin and Ethereum are pseudonymous , not anonymous—your wallet doesn’t have your name, but every transaction is permanently recorded and traceable. 2. Use Privacy-Focused Cryptocurrencies Opt for coins designed with anonymity in mind: Monero (XMR): Uses ring signatures and stealth addresses. Zcash (ZEC...

Amid talks of establishing a reserve for the crypto, the US government has moved $1.92 billion worth of Bitcoin. Indeed, Arkham Intelligence data reports that the digital asset had been moved to a new address. Specifically, the funds have been split into two wallets, containing $969 million and $949 million in BTC, respectively. The data shows that the government still holds more than $18 billion worth of Bitcoin. Moreover, the movement was reported as President-elect Donald Trump is expected to make headway on a Bitcoin reserve bill early on in his second term as the country’s commander-in-chief. JUST IN: US Government moves $1.92 billion worth of #Bitcoin to a new address. — Watcher.Guru (@WatcherGuru) December 2, 2024 Also Read: Michael Saylor’s MicroStrategy Buys Another $1.5B in Bitcoin US Government Moves $1.92B in Bitcoin to a New Address November 2024 has proven to be a game changing month for Bitcoin. The leading cryptocurrency had performed well throughout t...

As the majority of assets in the cryptocurrency market have gone into a bearish mode, the dog-themed meme crypto asset Dogecoin (DOGE) has followed suit, but regardless of the pessimistic mood, its community has been growing at an unprecedented rate. Specifically, Dogecoin has witnessed a growth in the number of crypto wallets holding it at the fastest rate in its decade-long history , adding around 413,800 new wallets in just two weeks, according to the data shared by Santiment in an X post on February 6. Indeed, the chart shared by the blockchain and cryptocurrency metrics platform’s team shows that there were close to 414k total addresses holding more than 0 DOGE since January 22, having recorded a 7.2% increase, which is the fastest growth rate of all time for the popular digital currency. DOGE network growth. Source: Santiment $0.1 in the cards? A week ago, mid-way into this massive growth trend, crypto trading expert Ali Martinez observed a record-breaking addition of 2...

While the optimism is returning to the cryptocurrency market, demonstrated by price advances of many digital assets, it seems that Ethereum (ETH) has been recording increased interest from its whales , which currently own nearly $125 billion worth of the second- largest cryptocurrency by market capitalization. Specifically, the 200 Ethereum whales with the most ETH in their wallet s now together hold 62.76 million ETH worth around $124.1 billion , which means that they have 52% of the 120.25 million ETH in circulating supply in their fins, as per the data shared by X user behind the OneArt crypto wallet on November 22. Ethereum Whales on a buying spree! @santimentfeed reports that the 200 largest Ethereum wallets now hold a combined 62.76M $ETH, currently worth $124.1B! They have accumulated 30.3% more coins since November 21, 2022 and now command 52% of Ethereum's circulating supply! — OneArt (Crypto & NFT Wallet) (@art_wallet) November 22, 2023 As it happens,...

Analysts at Lookonchain say a total sum of $160 million worth of SOL has been unstaked by FTX wallets recently. Digital wallets tied to the defunct crypto exchange FTX have unstaked 3.9 million Solana (SOL), worth around $160 million. It transferred millions of dollars worth of SOL to centralized exchanges. FTX unstaked 3.96M $SOL($160M) 2 days ago and transferred 750K $SOL($30M) to #Binance and #Kraken 4 hours ago.https://t.co/A4CyCXgVzShttps://t.co/92ItXxxoB4 pic.twitter.com/4gxmwxzdIL — Lookonchain (@lookonchain) November 6, 2023 According to data from Lookonchain, FTX-linked wallets moved $30 million in SOL tokens to Binance and Kraken. After the news broke, SOL price plunged by 3% down to $40.4, according to CoinGecko. Although it remains unclear who might be behind these transactions, reports indicate that Mike Novogratz’s investment firm Galaxy Digital might be related, given that it was appointed as a supervisor for liquidation of FTX’s assets. Crypt...

The vulnerability allegedly allows Web3 apps using the Starknet protocol to bypass the security protection of private keys in MPC wallets, potentially exposing users' private keys to wallet providers. Certain Multisignature (multisig) wallets can be exploited by Web3 apps that use the Starknet protocol, according to a March 9 press release provided to Cointelegraph by Multi-Party Computation (MPC) Wallet developer Safeheron. The vulnerability affects MPC wallets that interact with Starknet apps such as dYdX. According to the press release, Safeheron is working with app developer s to patch the vulnerability. According to Safeheron’s protocol documentation, MPC wallets are sometimes used by financial institutions and Web3 app developers to secure crypto assets they own. Similar to a standard multisig wallet, they require multiple signatures for each transaction. But unlike standard multisigs, they do not require specialized smart contracts to be deployed to the blockchain, nor d...