Censorship Financial News

14.12 / 07:17

business Payments censorship elon PayPal has become an episode of Black Mirror: Elon Musk

PayPal's former leadership, also known as the "PayPal Mafia," have slammed the payments giant for its debanking policies of late, with one co-founder calling the freezing of funds “totalitarian,” while another compared it to an episode of Black Mirror.

27.09 / 09:15

Ethereum Binance regulation coinbase censorship OFAC compliance Ethereum OFAC compliance dips to 45% post-Merge upgrade

The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid down by the Office of Foreign Assets Control (OFAC).

20.09 / 23:39

business Blockchain Twitter Adoption Social Media censorship YouTube OnlyFans, Patreon models turn to Web3 amid payment and censorship fears

Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed.

10.04 / 06:35

Ethereum Adoption defi Decentralization censorship Proof-of-stake Staking boost MEV Ethereum validator cashes in 689 ETH from MEV-Boost relay

A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months.

04.04 / 13:03

Technology Adoption regulation Web3 censorship Midjourney AI users find workaround amid ban on Chinese President’s images

Midjourney, an artificial intelligence (AI) service that generates images from natural language descriptions, recently banned the making of pictures of Chinese President Xi Jinping, much to the dismay of its users. However, the ban has not deterred its users from finding a workaround by creating deepfakes of Xi, which are manipulated digital representations produced by sophisticated machine-learning techniques.

14.02 / 08:49

business Ethereum Adoption regulation us government transactions censorship OFAC Low OFAC-compliant blocks on Ethereum hit three-month low of 47%

The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% — the lowest level since Oct. 11.

02.02 / 09:15

Blockchain NFT interview censorship Bitcoin shock Bitcoin Ordinals creators look for fix after first instance of shock porn

Only days after the launch of the Bitcoin (BTC)-based Ordinals protocol, its creators have had to deal with its first shock pornographic image which has been inscribed into the blockchain.

01.02 / 09:19

business Blockchain Twitter Apple censorship Lightning Network Bitcoin Decentralized Twitter alternative goes live on Apple's App Store

Damus, a so-called “Twitter killer” built on a decentralized network has been approved on the Apple App Store.

07.11 / 08:55

Blockchain Ethereum Adoption censorship Vitalik reveals a new phase in the Ethereum roadmap: ‘The Scourge’

Ethereum co-founder Vitalik Buterin has added a new stage to the Ethereum technical roadmap, one that aims to improve censorship resistance and decentralization of the Ethereum network.

05.11 / 11:57

business Twitter censorship elon Joe Biden unhappy with Elon Musk for buying a platform that "spews lies"

The relevance of social media platforms in swaying global politics was first highlighted with the rise of Facebook (rebranded later to Meta), which was accused of manipulating information based on user demographics. Twitter, which was recently acquired by Elon Musk, got the short end of the stick as US President Joe Biden accused the website of spewing lies.

05.11 / 10:15

Ethereum us government censorship Upgrade OFAC compliance Ethereum inches even closer to total censorship due to OFAC compliance

Considering that protocol-level censorship is deterrent to the crypto ecosystem's goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks.

18.10 / 12:31

Blockchain Ethereum censorship Ethereum solo validators that censor blocks should ‘be tolerated,’ says Buterin

Ethereum co-founder Vitalik Buterin believes that solo validators that choose not to include certain transactions should "be tolerated" to stop the Ethereum community from becoming the "morality police."

14.10 / 20:47

Blockchain Ethereum censorship Proof-of-stake OFAC 51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

One month after the Merge, 51% of Ethereum blocks were compliant with OFAC standards, according to blockchain development Labrys' data, as MEV-Boost relays take over market share.

16.09 / 09:19

business Ethereum censorship FBI analyst Ethereum may now be more vulnerable to censorship — Blockchain analyst

Ethereum’s upgrade to proof-of-stake (PoS) may make it more vulnerable to government intervention and censorship, according to the lead investigator of Merkle Science.

31.08 / 19:47

Ethereum coinbase proof-of-work censorship Will Ethereum 2.0 be vulnerable to censorship? Industry professional explains

The Ethereum network will be able to withstand censorship risks both in the short and long term, according to Ethereum community member and investor Ryan Berckmans.

23.08 / 10:09

Government regulation Ethereum 2.0 censorship Ethereum community splits over solutions for transaction censorship

The Ethereum (ETH) community has been divided over how to best respond to the threat of protocol-level transaction censorship in the wake of the United States government sanctions on Tornado Cash-linked addresses.

28.07 / 02:35

Government Blockchain Art censorship Cuban NFT artists say they face censorship within the crypto market

Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with US based platforms like Open Sea going to the extremes of deleting content and accounts linked to the country itself.

12.05 / 17:27

Blockchain Ethereum censorship How blockchain archives can change how we record history in wartime

Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the power to keep data and information out of the hands of censors looking to create a “safe” and “faultless” version of history.

04.05 / 22:33

NFT censorship Hundreds of NFTs listed on OpenSea from Shanghai residents during COVID lockdown

The city of Shanghai has been in a month-long mandated quarantine, which confines its 25 million residents to their homes. Initially, the latest COVID-19 outbreak began in March of this year and developed into the worst infection zone since the beginning of the pandemic.

24.02 / 06:49

Blockchain censorship BNY BNY Mellon partners with Chainalysis to track users' crypto transactions

The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets.

22.02 / 01:45

Government SEC censorship Congress Law Decoded: Bitcoin’s censorship resistance capacity enters the spotlight, Feb. 14–21

Amid the barrage of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, the storyline that was arguably the most consequential for the mainstream narrative on the social effects of crypto has been the one around the Canadian government’s standoff with the Freedom Convoy. The government’s invocation of emergency powers to put down a protest movement — combined with the movement’s financial infrastructure being one of the main attack vectors — has led many observers to appreciate with renewed vigor Bitcoin’s capacity to resist state financial censorship.

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