On Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.
The IRS initially publicized its quest for a privacy-busting analytics solution at the beginning of the month. An IRS representative told Cointelegraph that the agency had selected the two winning firms out of a field of 22 proposals received, though the only rationale the representative gave for the agency’s decision was “comparative analysis was used.”
Chainalysis is among the leading firms in crypto analytics and routinely wins such contracts with a range of government agencies. Integra FEC is a relatively unfamiliar name, despite millions of dollars in contracts with, for example, the Securities and Exchange Commission for “Other Scientific and Technical Consulting Services.”
Integra FEC had not responded to Cointelegraph’s request for comment as of press time. Chainalysis declined to comment, as it generally does when questioned about its work on privacy tokens.
As governments ramp up their interest in crypto tracing, the field of firms working on crypto tracing is likely to expand. In mid-September, the U.S. Treasury blundered with sanctions on a Monero wallet that turned out to be a payment ID.
News source CoinTelegraph.com
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To get ready for block 4,010,000 and the official release of EggSwap Staking, all the contracts on the Chicken UI have been updated. If you have any of your LP currently staked, there will be a backup UI with the old contracts.
Mining Guide: https://medium.com/@herominers/how-to-mine-expanse-exp-complete-beginners-guide-7d96704e9599
We have added Expanse (EXP) on HeroMiners.
For inquiring minds.
The #Defi team just finished the staking test. You'll be able to earn EGGs for staking LP tokens then can stake EGGs to earn a portion of the Exchange swap fees!2
The latest Mist Wallet compile broke the md5 checksums but they are fixed now. Never fear. :D
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