DeFI News by Thebittimes.Com

An Ethereum team has released a roadmap to ensure privacy on its blockchain, warning that without stronger protections it risks becoming a tool for global surveillance. The Privacy Stewards of Ethereum (PSE), a group within the Ethereum Foundation formerly known as Privacy & Scaling Explorations, said its roadmap highlights three priorities. Private wires to make private on-chain actions as cheap and seamless as public ones, private reads to make it possible to access blockchain data without revealing identity, and private proving to speed up proof generation and verification while keeping it confidential. The push comes as regulators in the US are weighing measures that could impose surveillance requirements on decentralized finance, heightening concerns over privacy erosion. The privacy roadmap could help Ethereum further cement its position as the leading dApp blockchain, with nearly 60% of total value locked and a dominant 60% share in stablecoin issuance. TVL by block...

iExec, a trust layer for decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI), has rolled out its privacy framework on Arbitrum (ARB), as outlined in the most recent reports shared with Finbold on Monday, September 8. With the launch, iExec has become the first and only privacy platform delivering Trusted Execution Environment (TEE) technology to Arbitrum’s $3.15 billion network. The integration offers developers a new toolkit to build applications that safeguard sensitive data and deliver innovative solutions across AI, decentralized finance (DeFi), and gaming, all without the need to manage complex infrastructures. “Launching on Arbitrum puts a powerful set of developer tools directly in the hands of builders in one of the largest DeFi ecosystems, removing the friction of TEE and enabling new classes of applications. We look forward to seeing what is built,” wrote Chase Allred, Partnerships Manager for Offchain Labs. Privacy ...