Progress continues on anonymous Bitcoin transactions
For a long time, bitcoin has been perceived by many as an anonymous payment system for online purchases. This myth has been propagated by mass media when bitcoin emerged as a popular payment method on the dark web. However, this is far from the truth. Due to its publicly viewable blockchain, every bitcoin wallet and every bitcoin transaction ever processed can be viewed online by anyone. For that reason, several efforts are underway to increase bitcoin’s privacy. The most prominent of these is Confidential Transactions.
Coinbase responds to white hat bounty complaint
A white hat hacker has publicly voiced their concerns regarding the Coinbase exchange bug bounty program. The company CEO has responded to the complaint by offering further transparency.
Steganography: How Antonopoulos hid a US$100m transaction in a picture of kittens
On the 27th of May, Bitcoin and security expert Andreas Antonopoulos tweeted a picture of of five kittens. The image used cryptography’s lesser known cousin, steganography, to hide the transaction in plain sight.
