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Privacy Pools launch on Ethereum, with Vitalik demoing the feature

cryptoweekly by cryptoweekly
April 1, 2025
in bitcoin, News
0

Ethereum co-founder Vitalik Buterin was one of the first to deposit on the platform, sending one Ether.

A new semi-permissionless privacy tool, Privacy Pools, has launched on Ethereum, allowing users to transact privately while proving their funds aren’t linked to illicit activities.

The privacy tool, launched by Ethereum builders 0xbow.io on March 31, earned support from the likes of Ethereum co-founder Vitalik Buterin, who not only backed the privacy project but made one of the first deposits on the platform. 

0xbow.io said that it implements “Association Sets” to batch transactions into the anonymous Privacy Pools and that a screening test is conducted to ensure that those transactions aren’t linked to illicit actors, such as hackers, phishers and scammers.

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Recent Posts
  • Stablecoin regulation 'next catalyst' for crypto industry — Aptos head
  • FTX estate to start distributing more than $5B on May 30
  • Bitdeer Q1 revenue falls more than 40% year-over-year
  • Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target
  • Nebraska lawmakers unanimously pass bill to regulate large-scale crypto mining
  • Canada lags with stablecoin approach, but there’s room to catch up
  • Spot Bitcoin ETF inflows fall, but BTC whale activity points to bull market acceleration

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