Happy Wednesday, Blockfolians
One of the most fervent areas of crypto development is around privacy. Along with censorship resistance and fixed supplies, the notion of crypto transactions that keep counterparty privacy is one of the driving forces that has attracted some to the space.
This week, crypto privacy got a little bit better when crypto exchange Gemini added support for shielded Zcash withdrawals. Shielded addresses allow users to protect both their identity as well as the size of their transactions.
What makes this important is that Gemini highly touts its regulated status, meaning it thinks it’s cracked a way to make privacy viable even in that context.
We’re big proponents of a larger societal shift to respect for privacy, so were excited to see these developments!
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Highly Relevant Reading
Dfinity reveals their last milestone before launch: an ‘open algorithmic governance system’
Robot Ventures raises a new $4m seed fund
Deutsche Bank says that CBDCs could challenge the dominance of the US dollar
Cross-chain DeFi coming to Polkadot as Reef Finance raises $3.9m
A very cool new artist token. Could it shift the balance of power in music?
Rude, Joe, Rude!
Ainsley Sutherland @AAAinsleyDoes anyone have any controversial takes on CRYPTOCURRENCY I can engage with right now?? I am begging u lol
A Really Big Number We Should Be Paying Attention To
That’s the amount of 2017 ICO funds that the SEC has ordered Salt Lending to return to investors. Ouch.
Hell yeah Sam, hell yeah.