US government building tools to deanonymize anonymous cryptocurrencies

US government building tools to deanonymize anonymous cryptocurrencies


If you thought you were safe using privacy coins like Zcash and Monero you might want to think again. It appears that the US Department of Homeland Security (DoHS) is looking to develop forensic analysis techniques for privacy-focused cryptocurrencies like Zcash and Monero, according to a pre-solicitation document spotted by The Block. The document was published by the the DoHS’s Small Business Innovation Research Program (SBIR), and outlines a proposal that is encouraging small businesses to develop research, process, products, and technologies that create techniques that can be used to detect and uncover crimes where cryptocurrencies have been used. The…

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US government building tools to deanonymize anonymous cryptocurrencies
Source: The Next Web

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