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The IRS and Chainalysis: Pressure on American Bitcoin Investors

Investing in cryptocurrencies has enabled people to experience significant financial gains in a short period of time. Due to the somewhat secretive nature surrounding blockchain currencies, most casual observers would suspect that cryptocurrency assets are easily hidden away from all prying eyes; whether they come from official or unofficial sources. However, the practice of blockchain…

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New Development, Bulletproofs, Can Make Bitcoin Transactions Confidential

A new development could have a major impact on Bitcoin, Litecoin, and other similar platforms. A group of researchers at Stanford University, University College London, and Blockstream have announced a method for making transactions truly confidential. Known as Bulletproofs, this technology would not only enable privacy, but it would also aid in scalability, enabling many…

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