ChainCatcher news, according to the Wen Wei Po report, the Guangzhou Internet Court announced that it will explore the establishment of a joint laboratory for data security and privacy protection between Guangdong and Hong Kong with universities.The joint laboratory for data security and privacy protection between Guangdong and Hong Kong is aimed at the strategic needs of cross-border circulation of data elements in the Greater Bay Area, constructing a system for data security and privacy protection technology and industrialization. This laboratory will conduct research in areas including big data security and computing blockchain artificial intelligence security, focusing on the circulation of data elements and cross-border data, promoting the deep integration of the industrial chain, innovation chain, and talent chain of data elements in the Greater Bay Area.

ChainCatcher news, the decentralized proof network NovaNet announced the completion of a $3 million financing round, led by Finality Capital, with participation from several institutions including Arrington Capital and the Avalanche Foundation, dedicated to building the world's first zero-knowledge proof incentive layer suitable for various scenarios.NovaNet offers locally verifiable computing and privacy-preserving applications, supporting a wide range of applications from AI, decentralized IoT (DePIN) to gaming.

ChainCatcher news, according to Cointelegraph, the European Central Bank (ECB) released its first progress report on Central Bank Digital Currency (CBDC) on June 24, emphasizing privacy protection.The ECB is committed to preventing personal transactions from being tracked through pseudonymization, hashing functions, and encryption features, and payment service providers are prohibited from using consumer financial data without individual consent. The report also outlines methods to support offline transactions. The newly established "Rulemaking Group" will submit a draft of the CBDC technical and regulatory framework by the end of 2024. Privacy issues remain a major concern for CBDC, with opposition sentiment continuing to grow within the crypto community.

ChainCatcher news, the privacy protection protocol Penumbra on the Cosmos chain tweeted that it has opened the eligibility query for the airdrop, with more details to be announced later.In November 2021, Penumbra Labs completed a $4.75 million seed round financing led by Dragonfly Capital, with participation from Robot Ventures, Figment, and ZKValidator, among others.

ChainCatcher news, Tether CEO Paolo Ardoino posted on social media that Tether is hiring AI experts to form a well-funded team focused on local privacy protection models. By using thousands of GPUs, we can make an impact.

ChainCatcher news, according to official sources, the fully homomorphic encryption privacy protection technology developer Fair Math has announced the completion of a $1.4 million Pre-seed funding round, led by gumi Cryptos Capital, Inception Capital, and Polymorphic Capital.According to reports, Fair Math focuses on developing privacy protection technology based on fully homomorphic encryption, with the core goal of significantly simplifying the development of fully homomorphic encryption (FHE) applications by establishing a developer community and tools, thereby promoting the adoption of fully homomorphic encryption (FHE). Fair Math has collaborated with the OpenFHE team to develop the fully automated FHE challenge platform FHERMA, which uses FHE challenges and a competition-based approach as the core mechanism for addressing challenging problems in practice, and establishes and organizes an FHE component library for application developers.

ChainCatcher message, in response to comments from crypto users about Phantom internally tracking wallets and selling them to the team, Phantom co-founder Brandon Millman tweeted: "First of all, we have never and will never sell or share user data with anyone. We have never grouped users' public addresses and then sold or shared them with external teams.We do use a range of technologies to prevent users from gaming our task features. For example, preventing each device from completing a task more than once. We need some form of sybil protection so that our dapp partners can get real users without giving all their tokens to farmers.Protecting privacy is very important to us. If users want to completely opt-out of anonymous analytics, they can go to 'Settings' > 'Privacy' > toggle 'Share Anonymous Analytics'."

ChainCatcher news, MetaMask announces the activation of privacy protection security alerts. The new feature allows users to simulate transactions and signatures directly in the wallet, providing information about malicious requests before users sign. Users can enable this feature by going to "Settings" > "Experimental".In previous news, MetaMask partnered with Blockaid to launch a new security alert feature aimed at proactively blocking malicious transactions, protecting users from scams, phishing attempts, and hacking attacks. The Senior Product Manager of MetaMask stated, "By the first quarter of 2024, we plan to seamlessly integrate this new feature into the wallet and enable it by default, making it available to 100% of MetaMask users."

ChainCatcher message, the privacy protection protocol zkPass announces that the Pre-alpha testnet is now open for public testing, with no more whitelist access. Currently, tens of thousands of whitelist users have generated over 100,000 zero-knowledge proofs.zkPass is a privacy protection protocol for validating private data, built on the foundations of multi-party computation (MPC), zero-knowledge proofs (ZKP), and three-party transport layer security (3P-TLS).

ChainCatcher news, OKX Ventures announced an investment in the privacy protection protocol zkPass, with the investment amount not yet disclosed.OKX Ventures founder Dora stated that zkPass provides a solution to the pain points of private data verification in Web2 and Web3, and more importantly, offers a solution to the widespread issue of centralized data ownership, marking an important step towards a more secure and private digital world. Additionally, with its diverse applications across finance, healthcare, and social media, we see tremendous growth potential for zkPass.

ChainCatcher news, Visa CBDC and protocol head Catherine Gu stated in an interview that Visa's cryptocurrency team is still in its early stages and currently does not have a clearly defined roadmap. However, the team is currently exploring topics such as account abstraction, interoperability, scalability, and privacy. (Blockworks)

ChainCatcher news, Vitalik Buterin recently published a new article titled "An Incomplete Guide to Stealth Addresses," pointing out that one of the biggest challenges for the Ethereum ecosystem moving forward is privacy, and proposed the concept of "stealth addresses" as a potential privacy solution. This solution would enable the anonymization of P2P transactions, NFT transfers, and ENS registrations, thereby serving to protect users.Vitalik Buterin suggested that users receiving assets can generate and save a "spending key" to create a stealth meta-address that can be registered on ENS. This address can be passed to the transaction sender, who performs cryptographic calculations on the meta-address to generate a stealth address belonging to the recipient. The sender can transfer assets to the recipient's stealth address and can also publish a temporary key to confirm that the stealth address belongs to the recipient, with each new transaction generating a new stealth address.Vitalik Buterin added that, in addition to implementing a "key blinding mechanism," it is also necessary to adopt the "Diffie-Hellman key exchange algorithm" to ensure that the association between the stealth address and the user's meta-address is not made public, and that funds can be transferred using ZK-SNARKs technology to pay for Gas fees. (source link)