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Yesterday, Cointelegraph claimed to have discovered ‘breaking’ research regarding Monero’s privacy. The crypto publication suggested that a now-deleted video demonstrated Chainalysis’ methods for tracing Monero (XMR) transactions to individual users. Unfortunately, its journalists failed to mention that the video itself was popular among Monero advocates, providing Monero users with an understanding of how to bypass Chainalysis’ techniques. Chainalysis tools combine ‘malicious’ nodes, ‘decoy’ inputs, and IP logs from popular wallets to deanonymize XMR transactions. Quickly, the crypto privacy community took note. They commented underneath Cointelegraph’s post, asking why they characterized these techniques as ‘breaking news.’ Interesting take… given that the Monero community are the ones sharing this video, in part because it is such a great advertisement for monero. Chainalysis took down the video because they rather people not see how weak their efforts are. If ...

Chainalysis, a blockchain Analysis company backed by Singapore’s leading wealth fund GIC, has reduced its workforce by 15%. According to Bloomberg, the firm plans to curb expenses for potential long-term growth. Chainalysis had around 900 employees before the layoffs and has reduced its workforce by 135 people. “We are very focused on growing efficiently and, due to market conditions, believe it’s necessary to reduce our expenses at this time.” A Chainalysis spokesperson told Bloomberg. Moreover, the report revealed that the blockchain Analysis company, founded in 2014, laid off around 5% of its employees in February this year.  You might also like: FTX’s Bankman-Fried contemplated paying Trump $5b not to run for president However, the Chainalysis spokesperson believes the firm is “well-positioned for long-term success” and will continue to “build trust in blockchains among government agencies, financial institutions, and cryptocurrency businesses.” In mid-Dec...