Fun

News Feed - 2023-09-07 04:09:34

Gareth Jenkinson1 hour agoCasa wallet launches Ethereum vault relay service for increased user privacyPrivate key manager Casa has launched a transaction relay feature to offer Ethereum users more privacy when transacting from their personal vaults.402 Total views15 Total sharesListen to article 0:00NewsJoin us on social networksCryptocurrency self-custody platform Casa has rolled out new functionality for its recently launched Ether (ETH) vaults, allowing users to transact via a relay for added privacy.


Casa added a multisignature Ethereum self-custody vault to its initial Bitcoin (BTC) custody offering in June 2023, allowing users to manage the self-custody of their ETH holdings with up to five private keys to secure their assets.


In an effort to afford more transactional privacy to its ETH users, Casa has introduced a mechanism that allows users to use an ETH pay wallet as a relay to create and transact from their vault.


Related: Bitcoin self-custody advocate explains why on-ramps are key to adoption


The company explained to Cointelegraph that Casa had previously assisted users with interactions between their ETH vaults and the Ethereum blockchain through its in-house Casa Relay.


This bridge allows users to carry out specific actions, including deploying contracts and sending transactions, while fronting gas costs. The firm noted that a caveat of this function is that users’ Ethereum addresses associated with Casa can be publicly viewed through blockchain scanning tools.


Casa’s solution involves using an ETH pay wallet — a new alternative single-signature wallet that can be used as a relay to transact from a vault. Casa CEO Nick Neuman tells Cointelegraph that gas fees and transactions sent from an ETH pay wallet will not be associated with Casa on-chain.


Neuman added that the feature presented an opportunity for customization for its users and had been in development before the launch of its ETH custody vault.“We were proactive in developing the Pay Wallet Relay because we knew some of our more advanced members would enjoy enhanced on-chain privacy while others would enjoy the simple convenience of the Casa Relay.”


Neuman also clarified that the ETH pay wallet would not afford anonymity associated with obfuscation tools present across the cryptocurrency ecosystem:“It’s not an obfuscation service — all on-chain activity will be viewable just like with any wallet. This just removes the connection to Casa on-chain.”


The service involves additional steps compared to the Casa Relay, and users are required to cover gas fees with their pay wallet, with the trade-off being added privacy for users looking to avoid on-chain ETH addresses being connected to Casa.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine: NFT collapse and monster egos feature in new Murakami exhibition# Blockchain# Ethereum# Transactions# Privacy# Adoption# Ethereum Price# Self CustodyAdd reactionAdd reactionRead moreHow to earn passive income with peer-to-peer lendingChatGPT-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiKHow to handle crypto trading gains and losses on your balance sheet

News Feed

Securitize raises $47M in strategic funding led by BlackRock
Derek Andersen5 hours agoSecuritize raises $47M in strategic funding led by BlackRockCrypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization
Bitcoin price nails new $73.6K all-time high as ETFs eat away at supply
William Suberg14 hours agoBitcoin price nails new $73.6K all-time high as ETFs eat away at supplyBitcoin bulls have no time for long pullbacks as a BTC price dip to $69,000 is swiftly canceled to be replaced with new rec
German Ramirez11 hours agoWelcome to the era of blocks and mortar: Learning from the pastSo, the era of blocks and mortar is upon us. Grab your popcorn, because this is about to get really exciting.168 Total viewsListen
US lawmakers send a letter to OpenAI requesting government access
Vince Quill5 hours agoUS lawmakers send a letter to OpenAI requesting government accessCongressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety re
Carl Watner: The Tragedy of Political Government
Carl Watner: The Tragedy of Political Government“What is tragic about political government?” you might ask. Let us return to that question once we have examined the natu
FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner
FTX Bankruptcy Judge Denies US Trustee"s Request for Independent Examiner The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an
African Startup Raises $6 Million From Pre-Series A Funding Round
African Startup Raises $6 Million From Pre-Series A Funding Round Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the
DAOBet iGaming Solution Mainnet is Now Live
DAOBet iGaming Solution Mainnet is Now Live This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material.
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July
Bitcoin"s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July Bitcoin’s hashrate has been volatile in recent times following the same patterns as
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a
Shiba Inu Burn Rate Crashes 82% Despite Recovery, Can SHIB Price Still Make It To $0.00008 ATH?
Este artículo también está disponible en español. The Shiba Inu burn ratefaces new challenges, as it has recorded a massive 82% decrease. This decline comes amid a period
Prisma Finance $11.6M hacker claims it was a ‘whitehat rescue’
Brayden Lindrea6 hours agoPrisma Finance $11.6M hacker claims it was a ‘whitehat rescue’The hacker’s on-chain message came approximately six hours after the hack occurred. However, blockchain security firms noted t