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Ethereum Privacy Startup – Aztec – Launching New System
Ethereum (ETH) privacy startup Aztec recently announced the launch of its zero-knowledge succinct non-Interactive argument of knowledge (SNARKs) generation via a cryptographic ceremony called Ignition. The startup also announced the closing of its latest round of investment with participation from A.Capital, Coinbase and Libertus Capital.
The multi-party computation ceremony is meant “to generate a set of encrypted points which will be used to derive all future Aztec notes.” The process will build an open-source “reference string” that the company believes will be used by both Aztec and future cryptosystems.
Will Aztec continue to get funding and how will it do in the future?

Bitcoin Laundering Earling Very Little On Silk Road
The second annual research report by cloud security provider Armor shows that criminals are selling cash for bitcoin on dark web marketplaces at a seriously reduced rate. Armor researchers looked into 12 different hacker marketplaces over five months and determined that cash was being sold for bitcoin at pennies on the dollar. The report states that dark web markets are doing well even with the continued crackdown on their existence. More concerning for crypto users was the discovery that criminals were using bitcoin to aid in laundering stolen funds. What is the future of crypto transactions on the dark web?

Will Trump Ban The Venezuelan Petro?
Senate Bill 1025 will likely be passed on Monday which would make Venezuela’s Petro cryptocurrency illegal to use in the United States. Although it may seem to be harmless at first glance, it ultimately could prove to be the first blueprint on how to ban a cryptocurrency — and that is a scary thought. If the bill does pass, and the people in the halls of power in Washington see it as a “success” – what is the likelihood that the government may ban other cryptocurrencies in the future?

Libra Meets With Officials From The European Central Bank
Officials from the European Central Bank (ECB) and 25 global central banks will meet with Libra to assess the financial stability risks of the project. The Committee on Payments and Market Infrastructure, a Financial Stability Board international standard setter and a member of the Financial Stability Board, consists of 28 member banks, including the Bank of England, Deutsche Bundesbank and the Federal Reserve Bank of New York. According to the report, the event will be the first major encounter between Libra’s founders and global policymakers since Facebook revealed its plans for the stable-coin project on June 18. If the governments of the world continue to push pack on Libra, what will the future look like for the asset?

Will The XRP Fork Go Ahead?
The threat of an XRP fork continues.
Twitter user @Crypto_Bitlord, who has over 100,000 followers and claims to own XRP, is rallying ripple investors disappointed with the token’s performance to split from the original ledger due to Ripple’s alleged XRP dumping. The plan follows a moderately popular Change.org petition submitted by the same Twitter persona titled “Stop Ripple Dumping,” which has amassed more than 3,500 signatures over the last four weeks. Ripple is one of the fastest digital assets in the marketplace, and more or less a household name. Should this fork come to fruition, what will happen to the asset?

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